Balance transfer cards have become popular in recent years, as customers become more savvy about ways to manage their finances and avoid paying punitive interest charges on most regular credit cards. The beauty of a balance transfer credit card is that it offers you a way to consolidate a number of outstanding card balances, onto…
Category Archives: Credit
Instant Decision Credit Cards – How to Do It
Applying for instant decision credit cards is designed to be convenient, fast and simple as opposed to a regular credit card. However, it is probably worth a short wait considering many instant decision credit cards with typically charge a slightly higher interest rate for the privilege of an on-the-spot approval. Furthermore, if your credit score…
Using a Credit Card for a Small Loan
If you are thinking about applying for a small loan, you might want to reconsider. Rates aren’t very competitive on small loans as there’s relatively little profit in them for the loan provider and you can end up paying more on an arranged, unsecured loan with your bank than you might just by spending the…
Federal Trade Commission Targets Scams Promising Debt Assistance, Bans the Practice of Collecting Money in Advance
NerdWallet.com is a credit card site to help consumers understand how to save money with low interest rates and high rewards. When the economic climate takes a turn for the worse, all kinds of crooks come out of the woodwork trying to take advantage of panic and uncertainty. In our current downturn, the scam takes…
Can Retirees Apply for A Credit Card?
A lot of retirees question whether or not they can get a credit card. It’s a valid question – if they’re retired, shouldn’t they have enough money to not need a credit card? However, that’s just looking at having a credit card on the surface level. There are multiple reasons to own a credit card,…
