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Casual Articles - Credit Card Pitfalls: Simple Tips for Credit Card Management
From time to time, all of us need to get some outside counseling on how to handle our finances in general, or to deal with a particular financial issue that has come up. But where do we go when these situations arise, and how can we evaluate the quality of the advice that we are receiving? Here are some tips to help you select finance advisors that will steer you in the right direction.One of the first si
To sum it up, you really don't want to carry a balance at 20% interest!
Low Introductory Rates
Sometimes, card companies will try to disguise the high interest rate by offering a low introductory rate. This will eventually (so
What is a diamond wholesale price list and why is it important you ask? Well that is what this article is going to tell you. A Diamond wholesale price list is used by dealers all over the world so that they can keep up with the changing market prices. But the price list is not as easy to use as most people think it is. The price of the diamond needs to include every detail of the diamond also it depends on the
If you use your card responsibly and read the fine print, everything should be fine.
It's Easy to Get Carried Away
If you are just getting your first credit card, it will be tempting to spend more than you can afford. Actually, it will be very tempting! Credit card companies know this, which is why most student cards have low initial credit limits of $200-600.
Some students get into serious debt problems before they even graduate. The best way to avoid this is to never get in the habit of buying things you can't afford.
Remember, using a credit card is like spending cash, you are just paying the cash at a later date.
High Interest Rates
Your first credit card will likely have an interest rate above 20%. Without a credit history, you are considered high-risk by the credit card company, so you're stuck with a high rate to start. Just don't miss a payment or screw up - the rate will jump up even more!
Think about this: If you put $500 worth of books on a credit card at 18% interest, made monthly payments of $20, and charged nothing else to that card, it would take 2 years and 7 months to pay off that debt. Those $500 of books would end up costing you $619.50!
To sum it up, you really don't want to carry a balance at 20% interest!
Low Introductory Rates
Sometimes, card companies will try to disguise the high interest rate by offering a low introductory rate. This will eventually (som
In April of 2004, the NOW Legal Defense and Education fund changed their name to Legal Momentum. The name change was a grand success. LM's Vice President of Communications, Maureen McFadden, shares these four tips to ensure the same success for your nonprofit:1. Dedicate Yourself. Dedicate yourself to a long-term process for the name change. Be prepared for the process to become emotiona
If you are just getting your first credit card, it will be tempting to spend more than you can afford. Actually, it will be very tempting! Credit card companies know this, which is why most student cards have low initial credit limits of $200-600.
Some students get into serious debt problems before they even graduate. The best way to avoid this is to never get in the habit of buying things you can't afford.
Remember, using a credit card is like spending cash, you are just paying the cash at a later date.
High Interest Rates
Your first credit card will likely have an interest rate above 20%. Without a credit history, you are considered high-risk by the credit card company, so you're stuck with a high rate to start. Just don't miss a payment or screw up - the rate will jump up even more!
Think about this: If you put $500 worth of books on a credit card at 18% interest, made monthly payments of $20, and charged nothing else to that card, it would take 2 years and 7 months to pay off that debt. Those $500 of books would end up costing you $619.50!
To sum it up, you really don't want to carry a balance at 20% interest!
Low Introductory Rates
Sometimes, card companies will try to disguise the high interest rate by offering a low introductory rate. This will eventually (so
The lowly postcard…it’s more than just a "having fun, wish you were here" delivery system. This tiny billboard is actually a powerhouse of a marketing tool with almost unlimited uses. Harness this little dynamo and you'll find a surge of new business opportunities.Here are some reasons your company should consider a postcard:1. Cost effective: A regular-sized postcard only costs $.24 per piece. You c
Remember, using a credit card is like spending cash, you are just paying the cash at a later date.
High Interest Rates
Your first credit card will likely have an interest rate above 20%. Without a credit history, you are considered high-risk by the credit card company, so you're stuck with a high rate to start. Just don't miss a payment or screw up - the rate will jump up even more!
Think about this: If you put $500 worth of books on a credit card at 18% interest, made monthly payments of $20, and charged nothing else to that card, it would take 2 years and 7 months to pay off that debt. Those $500 of books would end up costing you $619.50!
To sum it up, you really don't want to carry a balance at 20% interest!
Low Introductory Rates
Sometimes, card companies will try to disguise the high interest rate by offering a low introductory rate. This will eventually (so
Ever lost a sale? Of course you have, we all have. The difference between the average salesperson and the great salesperson is how quickly you recover from the lost sale. When you lose a sale that you thought you should have won, it is often tempting to take it personally and to become negative. If you give in and allow the lost sale to affect your attitude, then you will be allowing the lost sale to
Think about this: If you put $500 worth of books on a credit card at 18% interest, made monthly payments of $20, and charged nothing else to that card, it would take 2 years and 7 months to pay off that debt. Those $500 of books would end up costing you $619.50!
To sum it up, you really don't want to carry a balance at 20% interest!
Low Introductory Rates
Sometimes, card companies will try to disguise the high interest rate by offering a low introductory rate. This will eventually (so
Let’s face it. We know that our clients and customers like to fee appreciated by us. Yet, how many times do we neglect to seize an opportunity to show appreciation to our clients and customers? And how many times do we use the excuse that we do not have money in our budget to do something special for them? What a non-strategic thinking and short-sighted view that thinking presents. What about the life time va
To sum it up, you really don't want to carry a balance at 20% interest!
Low Introductory Rates
Sometimes, card companies will try to disguise the high interest rate by offering a low introductory rate. This will eventually (sometimes quickly) switch to your normal, high rate. You need to watch out because the company could end the introductory rate without you even knowing.
Unsolicited Offers
If you're a student, remember how you got tons of college brochures in the mail? Well, now those will be replaced with credit card offers. You'll also get them via e-mail.
If you're looking at an online application, be sure that is isn't a fake. Lots of scam artists are setting up fake applications that will allow them access to all of your personal data. Make sure that there is contact information provided and that the website is secure.
Hidden Fees
It's pretty obvious that there will be a late payment fee on your card, but there are other fees you don't even think of. You can get charged for charging over your limit, which will usually be $20-$35, similar to the late payment fee.
Any cash advances will have extra fees, too. That, or they will be subject to a higher interest rate than you normally pay. If you ever get a check in with your credit card invoice, it's usually for a cash advance and has extra fees. Be warned!
Some cards give you the option to pay straight from your bank account. This makes it easier for everyone. However, some card companies will actually charge you $3-$9 for this. That's absurd! You are paying extra
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