PenFed gas card review (and how you can get one)

09 May 2011 | by Porfirio Hillman | No Comments »

One of the biggest benefits of credit unions is that their interest rates on loans and cards are almost always lower than banks. However, the drawback is that their credit card reward program are usually just average. Well, Pentagon Federal (better known as “PenFed”) is far from typical for a credit union… you get great rates plus outrageously lucrative rewards.

PenFed offers two reward cards – one for travel and one for gas. By far, their Visa gas card is the most popular. It’s the only credit card left on the market that I know of which still gives 5% cash back at gas stations year-round without any caps.

You can’t apply for the PenFed gas card unless you are a member of this credit union. What are the qualifications you ask? Well, if you want to apply for a PenFed membership there are various ways you can qualify:

  • You are in the U.S. Military (A

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5 Things You Can Look Forward To When You Have Good Credit

08 May 2011 | by Porfirio Hillman | No Comments »

We all know how important it is to have good credit, especially in tough economic times. When lenders arent lending like they use to it becomes even more imperative to have good credit. The better credit you have the more options you have as a borrower. This holds true when it comes to credit cards, too. The better credit score you can bring to the table, the better credit card offer you will be eligible for. Here are 5 things you can look forward to when you have good credit.

  1. If you have good credit you are going to get approved for better offers. This includes card offers that have 0% introductory rates. Whether it is an introductory rate that is offered on purchase, balance transfers or both, theses are the kind of offers that will save you money. All the best offers out there are only available to those with the best credit scores.

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What is a Fraud Alert?

06 May 2011 | by Billy Miller | No Comments »

A fraud alert is a message placed on your credit reports alerting any lenders or parties that access your credit file the beware that the application they’re processing might be fraudulent.  You can place a fraud alert on your credit report, if you suspect that you are a victim of identification (ID) theft. ID theft is when someone uses your name, Social Security number, date or birth and/or other information without your permission to open a credit card account, loan, or bank account.  This could be the result of lost or stolen credit cards or wallet or through the internet, etc.  This alert is to letpanies accessing your credit report they need to take certain precautions.

If you are a victim if ID theft, you should immediately contact your creditors and also contact one of the three major consumer credit reporting agencies – Equifax, Experian or TransUnion. Place

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Important Steps you can Take to Protect your Wi-Fi Privacy

06 May 2011 | by Mildred Matthews | No Comments »

Many of us know we have to protect our privacy when using a public Wi-Fi network, but did you also know that you could be vulnerable when it comes to your home Wi-Fi Internet service? The truth is that others can piggyback and gain access to your home Wi-Fi connection, thereby putting your privacy in danger.

Although most individuals who use your Wi-Fi network will use it simply for their own purposes, the fact of the matter is that there are individuals who can gain access to your personal information, such as your credit card information, through your Wi-Fi network. It is therefore very important to protect yourself on your personal Wi-Fi network.

Do you know how to protect your home Internet security so that your computer and your computer activity are protected?

  • The first step when protecting yourself and your Internet safety (including credit card transactions on your computer) is setting up a password on your network.

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Tags: Privacy