When the new credit card law goes into effect on February 22, your credit billing statement will include a lot more information than what you’re used to. The new law requires credit card issuers to give certain disclosures about paying your credit card balances.
Minimum Payment Disclosure
Your billing statement must include a minimum payment warning that clearly lets you know that paying the minimum will increase the amount of interest you pay and lengthen the time it takes to pay off your balance.
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Barclaycard has revealed the first retailers that will be part of its Freedom rewards scheme.
LA Fitness, YO! Sushi, Firebox.com, Goldsmiths and Nationwide Autocentres will be among the partners that will give points straight to holders of the card at the point of service.
Sarah Newman, managing director of Barclaycard Freedom, said that, with 30,000 physical and online outlets participating, the scheme is the best available to customers.
She said: “Barclaycard Freedom incorporates all of the best elements of loyalty schemes with the rewards, quite simply, in pounds and pence.
“We are delighted that well known high street and online brands will be part of Barclaycard Freedom. Full Post…
Start building up a good credit early in your life. You can do this easily if you get a secured credit card. If you are already in your adult years and have never had an opportunity to establish credit, this is also good for you. Almost all individuals will need to get a loan at some point in their lives, and when this time comes, loan companies will definitely check on credit standing to see if a person is qualified or if they can be trusted. Without a good credit history, companies may refuse to let you borrow from them. Thus, it is important to build a solid credit history if you can.
There are many ways to do this, but most people turn to a secured credit card because this is the most accessible.
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You have a stack of bills in front of you and you may not be able to pay them all. Which debts are the most important? Many people make the mistake of paying their credit cards before their other debts. I argue that credit cards fall very low on the list of debt priorities, especially if you have a mortgage and auto loan. Learn why your mortgage should top your list of debt obligations: How to Prioritize Your Debt Payments
— Admin @ 11:31 am — 
February 12, 2010