— Admin @ 11:05 pm — 
February 14, 2010One of our forum readers, Nathan_K, has a charge-off from his gas company. He wants to pay in exchange for having the charge-off deleted from his credit report. Do you have any suggestions for how he could convince the gas company to remove the charge-off in exchange for payment? Help him out in the forums.
Credit cards are far from one size fits all and the big names in lending know it. That’s why they’ve devised each credit card to target a specific demographic and income level. Whether it’s so you can get the most rewards out of the credit card or it’s so the credit card companies can get the most profit from you is debatable. Either way, it’s interesting to see the vast differences between luxury credit cards and plastic for the poor, unemployed and possibly even bankrupt. Check out some of these outliers on either side of the spectrum.
Luxury Credit Cards for Big Wigs and High Rollers
The American Express Centurion (aka the Black AMEX)
Centurion, literally, means an officer in the Roman army. In other
The more you pump on gas, the more opportunity for you to save money. This may sound absurd at first. How can you save money when you are actually shelling out more cash to buy gas?
The struggling economy really affected so many of us. Many businesses are affected. Gas companies are forced to increase their prices even against their will. The retail industries are experiencing a decline in sales which is largely because of many consumers trying to tighten their belts. They try to save on gas by driving less often while opting to commute or walk instead. The amount saved from spending less on gas is used to buy other necessities.
Well, introducing the gas credit card.
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.