|
SAVE
BIG ON PHONE CALLS!
|
|
|
| No
switching! Low International rates! FREE minutes and
much more! |
| For
a limit time get the DebtSmart Loan Calculator for FREE
when you sign up! |
|
|
|
| Articles about
Credit Cards
|
| |
| Link
to more articles at bottom of page |
|
Credit
Card Binding Arbitration: When Ignorance Isn't Bliss
 Few
people want to go to court, but there are times when it is necessary
to preserve your rights and to fight unfair or illegal treatment.
Watch out for mandatory arbitration clauses in your credit card
agreements, which can prevent you from having your day in court.
|
|
Applying
for credit cards
 Scott,
How often can you apply for credit cards? Does it look bad on your
credit report if you apply for many credit cards? My husband and I
have 5 credit cards. Our credit rating is good, so most of our
interest on our cards are between 5 and 7%. We owe $19,000 and I am
currently emptying one of our cards so that we can transfer the
entire $19,000 using their 2.99% life-of-the balance rate. Thanks to
your many tips in your newsletter! Maria
|
|
Running
argument regarding credit card debt
 Scott,
My husband and I have a running argument regarding credit card debt.
He gets very upset when I look at the offers we receive in the mail
to see if the APR is lower then any of the cards we currently have
and even think about transferring the balance. I am always
interested in the 0% offers, but he says that creditors don't like
to see you transfer balances over and over to 0% because it shows
that you can't handle the balance "load". Tracy
|
|
Credit
Card Minimum Payments
 Gary,
A couple of months ago I read an article about getting finances
under control. According to the article, you can double the minimum
monthly payment on a revolving charge and that account will be paid
in full in 36 months regardless of the amount. How could that be
possible? Especially considering how "minimum" most
minimum monthly payments are. Gail E.
|
|
I
am horrified--they want to know what I am going to do with the
money!
 Dear
Scott, I play the zero percent game every year and never ran into
this one. Yesterday I did a balance transfer at zero percent to pay
down my house. They gave me $20,000, which I will pay back in a
year. I was horrified that they asked me what I was going to do with
the money. Why all of a sudden do they want to know what I am doing
with the money? Greg
|
|
High
School Students and Credit Cards--A Recipe for Disaster?
 Ahhh,
school days. Reading, writing, and rooting for your school football
team. Hanging out at the mall and surfing the web. Ok, so things
have changed a little since you were in school. The current
generation of teenagers now has more purchasing power than ever, and
companies are spending millions of dollars to get your teen to pay
attention to their products.
|
|
Calling
banks for my 82-year-old mother
 Scott,
I help my 82-year-old mother pay many of her credit card bills.
She's scared to call the credit card companies and I don't want to
be added as an authorized user or they will show up on my credit
report. Is there a service that she can give a power of attorney to
that will call the credit card companies on her behalf? Currently,
she is NOT past due on any credit cards--but that will change if we
can't reduce these interest rates. Thanks! Brian
|
|
Good
credit rating but too much debt for low rates
 Scott,
I just found your website in a
book I am reading from the Rich Dad Series. I am in business for
myself for 8 years now. I have high CC debt all for the most part
business debt. We always pay our bills on time. Recently though the
CC companies started raising their interest rates on us and lowering
our limits dramatically. Some to the tune of 35%! What can we do? Bob
|
|
How
Junk Mail Can Save You Money
 Most
people toss out the junk mail that comes in their mailbox never
realizing that it can save them hundreds of dollars a year. That's
because "junk mail" includes competing offers which can be
used to lower the rates you currently pay for services.
|
|
How
Do You Get that Loan Formula?
 Scott,
I read with interest your article, Amortized Loans. At the
end of the article you indicate the explanation of how to derive the
formulae as being covered in another article. Can you please
tell me where I can find this? Thank you very much, Luke
|
|
Avoiding
The Credit Card Over-The-Limit Fee
 One
of the most troublesome credit card fees that you can run up against
is the over-the-limit credit card fee. Unlike most other credit card
fees where you pay one time for the offense, after you breach your
limit, you can end up paying this fee month-in and month-out. Once
you exceed your credit card limit, the over-the-limit fee is an
automatic, computer generated fee.
|
|
|
|
|
Coupon
Codes
|
|
Enter your
coupon code to see valid offers.
|
|
|
|
|
|
|
Subscribe FREE
and you receive the 5-Year
Loan Worksheet software FREE!
|
| "The
DebtSmart Email Newsletter is packed with cutting-edge
strategies for solving credit problems. I highly recommend
it."—Gerri Detweiler, author
of The Ultimate Credit Handbook
|
| "I
received Debtsmart about a month ago
and I love it!!! I learned so much.
Great tips!!! Keep up the good work!"—Vanessa
Keith, Amarillo, TX
|
|
|
|
