Compare Credit Cards

Having a credit card can be a really useful thing, especially if you can get one with added benefits such as an interest free credit card. They can be especially useful on holidays abroad as if anything goes wrong with it, you can get support from your credit card provider much more easily than you would be able to find help if you were using a debit card. This article offers you some top tips on using your credit card abroad.

Interest free credit card

Having an interest free credit card is always useful, but this is especially true of when you are on holiday. Read more…

Tags: Credit Card

If you’re one of millions of consumers in the U.S. chances are, you have several credit cards in your wallet. However, for those of you who are not totally acclimatized to the credit card industry, plastic cards are issued to consumers by credit card companies. These plastic cards have a magnetic strip that contains information attached to the account. When people use credit cards for purchases, this amount will be added to the total amount owed to the bank by the consumer. Banks make money with credit cards by adding an annual rate and annual fees paid by consumers. Read more…

Tags: balance transfers

Put away the hankies, credit card companies are doing just fine

Dont shed a tear for credit card companies. No matter what the headlines say about their parent entities, theyre mostly doing just fineand eager to earn your business.

If youre one of those highly empathetic people who tend to cry at sad movies (and, if you are, you really need to stock up on handkerchiefs before you see War Horse) then you may have been shedding tears for some of your favorite credit card companies. If so, you can dry your eyes. The parent companies of Chase and Citi may have published less than impressive fourth-quarter results recently, but its not their card divisions that are causing the problems.

Read more…

Tags: Doing Just, Doing Just Fine, Fine, Just Fine

Be aware that student loans are very different than any other type of consumer loan product.  Here are some of the more significant differences between the loan types;

• Multiple Loans Many times student loans are reported to the credit bureaus on a disbursement basis, which means if you took out six loans to pay for college, then youll have six unpaid loans on your credit reports.  If you can consolidate those loans into one then youll likely eliminate the damage of having multiple loans on your credit reports, which is good for your credit scores.

• Missed Payments Sting A missed payment on a student is just as damaging as any other.  Just because your loans have been in deferment for months or years doesn’t mean that the new due dates are suggestions. Stud

Read more…

Tags: Loans, Student Loans

Chapter 13 is a repayment bankruptcy. You pay your creditors whatever you can afford over three to five years (three years for lower income earners, five years for higher wage earners). You are required to commit your disposable income to the repayment plan during the repayment period. You are also required to pay as much to unsecured creditors as they would receive in a Chapter 7 liquidation bankruptcy.

An expected income tax refund is property of the bankruptcy estate. Many debtors are able to protect all or a portion of their income tax refunds by applying legal exemptions to the expected refund. After applying all of your available exemptions, the remaining unprotected amount is often little or nothing.

If you cannot protect your tax refund with exemptions, you are required to pay the non-exempt amount in your monthly plan payments.

Read more…

Tags: Bankruptcy, Chapter 13