Category: Uncategorized


Jun
2018

Chase Credit Card Application Status

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In todays world, there’s no doubt about how important to people the credit card has become over recent years. Providing you can manage your debts; is there anything wrong with using your credit card to have what you want right now.
One of the most popular brand names of credit cards in the market today is the Chase credit card. Accepted around the world, the Chase credit card is similar to many others. Aside from Chase credit card, the company also offers travel cards, Auto & Gas cards and student cards.
So there are a number of reasons to have a Chase credit card all of which will be of great benefit to the user over time. Probably the most used feature is its online capabilities used by workers and other people that have little time to go out shopping. Using the web site, secure of course means that managing your finances is only a few mouse clicks away.
For some people, the ease with which they can go online to manage their account is the only excuse they need to own a Chase credit card. If you are looking to save money then Chase offers waived membership fees along with other introductory deals including low APR’s.
There is more than one type of Chase credit card and loyal customers can expect to be rewarded when they use the card. For those that don’t fly but still want rewards then they can have a version of the Chase card that will award you points when you spend any money. These points will then enable you to purchase from a Chase credit card catalogue and they will have your chosen item shipped to right next to your doorstep! There are holidays, plus other well sought after rewards and all at no charge to you.
Chase credit cards know that if they look after their customers they won’t lose them; a philosophy that many companies could learn from. Well all like our gifts but knowing that no matter where you are or what you are doing there is someone to talk to if you need them can often mean much more than material goods. You will really appreciate this if you are abroad and your card is lost or stolen because a new card will need to be sent to you as soon as possible.
If you are thinking about transferring your balance then this is the way to do it with a guaranteed six month zero percent interest rate which also incorporates current purchase balances as well. A no annual charge policy and if you pay your bill in full, there will not be any other interest charges to pay. Having a Chase credit card also allows the holder to earn cash rewards on purchases. If you are considering transferring your account or balance, it is easy over the internet with the secure server.


Jun
2018

Credit Card Debt and You

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Each year, many people are helplessly caught in credit card debt for factors that can have been prevented. In this write-up, let’s talk about some issues you should learn about credit score cards so you are able to appreciate the benefits they provide while avoiding the trap of bad debt.

1. Don’t owe much more than you can afford. A great deal individuals cost costly purchases to their credit card pondering that they are able to spend spread their payments for a couple of months anyway. But this kind of reasoning often results in bad financial debt.
Keep in mind, if you select to spend only the minimum due and carry a balance, you’ll have to spend the rate of interest which can range anywhere from 10% to 20%, based on the kind of card you personal.

2. Plan your repayment. Occasionally, utilizing a credit score card to finance a need makes feeling but you should know exactly how you’ll buy it and how long you will maintain a stability. For example, in case your credit card provides zero interest rate for 6 months, you are able to take advantage of this period to create a large buy so long as you are able to total your payments before the normal rate applies.

3. Take your obligations critically. Owning a credit card entails a serious responsibility. If you can’t abide through the terms and circumstances of one’s issuer, you might be penalized with fees and your credit score may suffer. On the other hand, if you’re aware of one’s privileges as well as your restrictions as being a credit score card holder and you deal with your obligations critically, then you should be able to handle your credit score card without issues.

4. Understand how credit card use impacts your credit score score. Certainly, the way in which you handle your credit card or credit score cards possess a substantial effect on your personal credit. Consider note that 35% of one’s FICO score is based on timeliness of payment. Credit restrict utilization is an additional element used to determine your credit score. Ideally, cardholders should maintain their credit score restrict use at 35% or decrease to preserve an excellent score.

5. Don’t disregard the issue. If you believe you will not be able to submit your payment on time for just about any reason, call up your credit card issuer immediately and request if your due day could be extended or in the event the late fees be waived to make it simpler for you to catch up with your payments. The worst factor you can do whenever you can’t pay your expenses would be to ignore the issue or to hide from your creditors. If you are encountering a difficult situation or monetary crisis, opening up with your creditor and attempting to work out a better repayment choice can make issues simpler for you.

6. Consider consolidation. If your credit score card debt appears insurmountable, you may think about consolidation by acquiring a secured loan or an unsecured debt consolidation mortgage. An additional feasible answer would be to use for a zero curiosity stability transfer credit score card so you can focus on paying only the initial quantity of debt you owe without incurring month-to-month interest rate charges.


Jun
2018

Do It Yourself Credit Card Settlement The Fastest Way To Peace Of Mind

categories: Uncategorized

Do it yourself Credit card debt settlement is like getting a new lease on life. All those nagging phone calls from collectors and creditors will become history and the letters will stop. And now more than ever creditors are taking what they can get, or what you can give them.

You can approach do it yourself debt settlement in 1 way. Stop paying, get behind, save your money and get on the phone playing the big guy or gal. So there is a little more to it than that.

Do it yourself debt settlement, is by far the fastest and cheapest way to go about debt settlement. Is it the easiest in my opinion, yes. Because I am the one calling the shots. Meaning I don’t have to rely on some guy in an office somewhere in Boise, Idaho with 321 other credit accounts to step up to plate for me. By the way I randomly picked Boise Idaho. But you get the point. Plus the the greatest thing is not only am I saving thousands of dollars doing it myself, but it makes me responsible for MY own financial status.

The other way is paying a debt settlement company to do it for you. There are hordes of people and companies that advertise credit card debt settlement in one day or something of that kind which will look just fantastic. Such credit card debt settlement offers/advice are generally not genuine. Plus know that debt settlement will not happen over night. So, beware of the agencies offering miracles. But this post is about do it yourself or DIY debt settlement.

Here are some quick tips for do it yourself credit card settlement:

* Gather your statements and original paperwork if you have it
* Order a copy of your credit report
* Total up how much you owe (balance, fees, rates)
* Know your history like how long you have been with the creditor
* Make the call

That is it a nutshell, but you want to come across as knowing your account just as good or better than they do.

Always remain calm and never take the first offer.

Your future plans are important and creating a plan, mindset, and lifestyle that will keep you out of debt is just as important as the debt settlement process.

Create a plan to start over, and new beginning if you will. The Money Mastering Mindset is not just reserved for the affluent people of the world, its meant for you.

If this was helpful and you would like more information such as what to say and who to speak with when you call join my newsletter and drop a note.

Thanks for reading!

Gene


Jun
2018

Card Customers Being Surprised By ‘trailing Interest’

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Credit cards customers who are trying to clear their debts are being surprised with further charges even though they may think they have already cleared the balance.

An egg customer and Guardian reader brought the problem to the media attention, the problem can occur when a customer is paying debt carried over from the previous month.

This is what many credit card companies call trailing interest on any negative balance between the issuing of the last statement and the customer paying off the debt.

Some have a minimum fee and if interest does not reach, that amount it will be “topped up” the charge, so borrwers will be repaying no lower than the minimum fee.

Unfair minimum charges

In the case of Egg the minimum is 50p, while at MBNA and Barclays it is 1. For customers with Egg, the internet bank who pay off their debt via direct debit they could incur up to 18 days worth of interest on a balance that they think they have settled in full.

A spokeswoman for Egg, speaking to the Guardian newspaper, said: “Interest is charged on the outstanding balance between our issuing the statement and the payment being made. We request payment via your direct debit 14 days after the statement date.”

Direct debits cannot be called over a weekend so if a customer’s direct debit is due to leave their account on a Saturday or Sunday, we’ll move the payment date to Monday. The longest they’ll go between statement date and paying their account is 16 days – 18 if their payment date falls over the Easter weekend.

The spokeswoman added: “If the interest amounts to less than 50p we top up the charge so it equals that amount. She added that interest would be charged on the outstanding interest and top-up fee.

“All credit card contracts will mention trailing interest in the terms and conditions but more often than not it can be hidden away within the small print of the contract. In Egg’s case the explanation behind the charges has been described as virtually incomprehensible.”

The top-up fee

In the contract it says it will charge, “a top-up fee where the amount of interest charged to your account on any statement is less than 50p and the fee will be the amount required to make the top-up fee plus that interest equal to 50p. Where this applies, your statement will show a 50p minimum finance charge”.

Barclay card mentions on its website that interest is charged until the full date of repayment meaning that you may receive a further interest charge the second month, however there is no mention of the extra 1 pound charge.

Peter Harrison, a credit cards specialist at a leading price comparison website, said too often financial services companies include these wrinkles in their terms and conditions and it is important customers check the details before applying.

He added: “Whilst the sums of money involved are quite small, many customers who want to clear their full balance will, no doubt, find this irritating.”

The extra interest charges are not likely to send customers spiraling back into debt but there is no doubt that many would find it annoying receiving another statement after thinking that the balance had already been paid off.


Jun
2018

How to Maximize the Way You Use Your Visa Credit Card

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Using credit cards poorly has the potential to sink you into debt and rack up enormous interest fees. But used correctly and conscientiously, you can reap the many benefits of spending on a credit card while staying debt-free. These tips will help you maximize the benefits of your Visa credit card and any other cards you have in your wallet.

Freebies

To encourage you to sign up, many credit card companies offer freebies once you’ve spent a specified amount on your card. These perks include such benefits as points toward a free flight or vouchers for online shopping. Use your card for normal spending, but to avoid the interest rates, pay it off in full every month.

Extended Warranties

Many credit card companies offer free one-year extended warranties on electronics and other major purchases. Diligent credit cards comparison will ensure you get the best warranty deals available, potentially saving you a great deal of money on product repairs and replacement.

Consumer Protection

Under the Section 75 law, if you spend a minimum of 100 on a product from a company that disappears soon after, your lender is liable for refunding your money if something goes wrong with the product and you are unable to contact the company from which you purchased the item. Use your card to make major purchases, but only if you have the cash up front to pay off the balance in full to avoid paying interest fees that will add up to much more than the product is worth.

Purchase Protection

Many credit cards offer some sort of protection against items purchased on the card that are lost or stolen within a certain amount of time after purchase. Know which of your credit cards offer this protection, and use those cards for purchasing items that are frequently stolen, such as bicycles or personal electronics.

Boost Your Credit Score

If you have less-than-stellar credit, you can use your credit card to vastly improve your credit rating. Spend only what you can afford to pay back each month, especially if you have very poor credit and an easy-to-get credit card, most of which have astronomical interest rates. Pay your balance in full and on time each month and watch your credit score increase.

Make Money with Your Card

If you are debt-free and have a good credit score, you can potentially make extra money from your credit card. Many credit card companies offer 0% interest cards to new customers for a specified period of time. By making all of your purchases on the card and keeping the cash you would have spent in a high-interest savings account, you can rack up a good amount of money while paying only the minimum amount due on the card each month. But beware: if you miss a payment, you could lose the 0 percent interest. Making money off of your credit card is called “stoozing,” and you should only do it if you’re disciplined enough to make your minimum payments on time every month.