Clear from American Express®

17 May 2011 | by Porfirio Hillman | No Comments »

The Clear from American Express® is known for being clear and simple. You can enjoy having no annual fee, no late fees, no balance transfer fees, no over-limit fees, and no cash advance fees with a Clear Card. This card is designed for those that want a simple way to earn rewards for your spending. With this card you get all the great protections offered by American Express.

  • Enjoy Automatic Rewards: Get a $25 American Express® shopping card for every eligible $2,500 you spend on your Card.
  • Flexibility to Pay Over Time: You decide if you want to pay charges over time or pay in full just another way to simplify your finances with Clear.
  • Powerful Shopping: We can extend the length of the original manufacturers warranty up to one additional year on your eligible purchases that have U.S. w

Full Post…

Tags: American Express® Express®

The Top Four Reasons why Debit Cards may not be so Convenient After All

16 May 2011 | by Mildred Matthews | No Comments »

It may seem like the best thing to do in this economy is use your debit card instead of your credit card. Although debit cards serve a useful purpose, it is important to understand that they may not be the best choice in every situation. And here’s why:

  • Debit cards, although they provide protection from fraudulent purchases, may end up giving you a large headache because your checking account can be drained in the process.  Waiting for your bank to investigate a case of fraud and replace your checking account balance can be difficult because you may not have access to cash during this time, which means you could have bounced checks and the like.

  • Often times, if you use a debit card at hotel and gas stations, they impose debit card blocks, which means they charge anywhere from $1 to $100 for up to a few days, which means your access to cash in your checking count could be compromised during this time.

  • The use of skimmers by credit card thieves has put many debit card users at risk for fraud. Sk

Full Post…

Tags: Debit Cards May

What’s The Fair Debt Collection Practices Act (FDCPA)?

16 May 2011 | by Billy Miller | No Comments »

If your debt has been turned over to a 3rd party collection agency, you need to be familiar with the Fair Debt Collection Practices Act or FDCPA.  The FDCPA governs what collection agencies can do to collect consumer debt and is enforced by the Federal Trademission (FTC), which is the U.S. consumer protection agency.  It prohibits debt collectors from using abusive, unfair or deceptive practices to collect from consumers.

A debt collector is someone who regularly collects debts owed to others.  Debt collectors include collection agencies, lawyers andpanies that buy delinquent debts and attempt to collect them.  This only applies to personal, family and household debts such as mortgage, car loan, credit card, and medical.  The PDCPA does not apply to debts incurred to run a business or topanies that are collecting for themselves, which is usually through an in-house collection department.

Here is a list of what collectors can and cannot do regarding consumer debt:

Debt collectors cannot

  • Contact - Debt collectors cannot contact you before 8 AM or after 9 PM YOUR local time.  They cannot contact you at work, if you tell them orally or in writing that you aren’t allowed to accept calls there. They ca

Full Post…

Tags: Collection Practices Collection Practices Act Fdcpa Practices Act

Cardholders May Pay Super High Interest Due to Late Payments

14 May 2011 | by Mildred Matthews | No Comments »

The news media company Reuters reports that now when customers of Bank of America miss a monthly credit card payment they may get socked with a really stiff penalty. Instead of just hitting them with the usual one-time fees and charges, Bank of America says that it may also impose much higher interest rates on future credit card purchases as a punitive measure to discourage delinquent payments.

These rates are no joke, either, because they can go as high as 30%. To put that into perspective, if you add 30% to a debt each year then the debt will more than double in just three and a half years. Imagine what that kind of additional interest could do to magnify the burden of credit card debt for those who miss a payment and wind up paying that much on their subsequent purchases or balances carried forward.

Full Post…

Tags: May Pay Pay
Page 16 of 99« First...10«1415161718»203040...Last »

Popular Posts

Archives

Similar Posts

My Partners

Recent Comments

Tag cloud

Online Debt Credit Cards Rewards Credit Claiming back bank charges Wells Fargo Best Online Payment Protection Claims Advantages Credit Card Fico Seven Enabled Parking Meters Credit Card Debt Mis Sold PPI Great Bargain Parking Meters Based Pricing Cash Back Card Debt Money Pricing Rules Scores Rules Best Online Debt Japan Disaster Assistance Disaster Assistance Card Credit Score Balance Transfer Debt Japan Disaster Assistance Roth Ira Seven Federal Reserve Enabled Parking Business Credit Meters Transfer Rewards Credit Card Credit Unions Era consolidate credit card debt Credit Report Back Credit

Follow Us