how to get your first credit card
How to Qualify for Your Very First Credit Card Account 5.00/5 (100.00%) 1 vote Be sure to have a savings or checking account with a bank nearby. Bear in mind that having a bank account can help improve your chances of being granted an affordable line of credit. After all, it can prove that you’re serious about managing your personal finances in the best way possible. Pin ItJust remember that most banks and credit card firms today will require you to have a savings or checking accounts for at least two years. Prepare a significant sum of cash, especially if you wish to take out a prepaid or a secured credit card. A gentle reminder though. Scout for online card issuers. Hence, we encourage you to go the online route to get the credit card you want. For college students out there, search for affordable student credit cards. So, what are you still waiting for? HELPFUL ARTICLE: Should You Have Multiple Credit Cards BAD CREDIT-OK and NO CREDIT CHECK!
what happens if you go over your credit card limit
Credit is a funny game. A good bit of your credit score does not come down to how much you owe as how you categorize it. This is particularly true with credit cards. Whatever you do, avoid maxing one out unless you don’t mind seeing your credit score take a ding. Pin ItThe credit-to-debt ratio is an important calculation in the personal finance world. It is an indicator to lenders as to whether you are a good risk or not. Why must you avoid maxing out a credit card? Another reason you should not allow this is that when your card max out, you will need to pay off a portion of the balance in order for you to use the card again. some company will go ahead and freeze your account which makes the card useless. BAD CREDIT-OK and NO CREDIT CHECK! This article was written by the writing team of NewHorizon.Org.
avoid late payment to save
If you’ve just discovered that you’re actually living paycheck to paycheck then, it’s about time that you make the necessary changes in the manner by which you handle, not just the cash that goes directly to your pocket, but also your existing lines of credit. Pin ItAfter all, recent studies have shown that failure to live up to the terms and conditions of your credit account, most especially to your payment schedule, will cost you a great deal of cash, usually in the form of penalty charges. This means that the time, effort, and resources you’re willing to invest to avoid big expenses may all be in vain if you keep on incurring small yet regular fees, like interest and late payment charges. Credit Card Late Fees Most people own at least one credit card and if you are a cardholder, you should ask yourself, “How well am I handling credit card repayment?” Remember that even just one day of late payment can cost you the few extra dollars. Do you pay your utilities on time?
starting a small business checklist
If you are going to start your own business, there are a few things you should be clear about. Pin It1. Identify a viable product or service 2. The Business – What problem does the product or service solve? The Market – What are the market trends, size, growth, and segments? The Competition – Who are your direct and indirect competitors? Tracking Progress – How many customers, buyers or clients do you have? The Future – What are your objectives, goals, mission and vision? 3. The Business Start-Up Checklist Track your progress as you go along using this business start-up checklist. Write a business plan as discussed above – one that describes your business goals, identifies competitors and sets business goals. A business plan can grow with your business. Form an LLC or incorporate the company. Start building business credit. Equipment leasing is one of the easiest for start up business to get approved for AND you can have it report to your Dunn and Bradstreet. Get business insurance.
credit card tips for beginners
While the new credit card law offers some shield against sudden interest rate changes, it does not provide complete protection for credit cardholders. To maintain a good credit standing, cardholders need to know the right strategies and stick by the rules. Listed below are 8 credit card tips for you: Pin ItPay down your charges. Check your credit card mail. Hence, cardholders are given the option to “OPT OUT” or cancel the card when the new rate applies. Check your credit report and score. [Article: How to Get Your Free Credit Report] Ask for a higher credit limit. Don’t let your account go idle. Use your rewards points. Use your credit card perks. About the Author Melanie Mathis is a credit analyst and a writer for 8 years.
reduce financial stress
How to Reduce Money-Related Stress 4.50/5 (90.00%) 2 votes Money-related issues can lead to serious stress and anxiety, especially stuck in bad debt. What can you do in order to eliminate tension caused by a financial dilemma? Consider the following tips: Pin It1. 2. 3. 4. 5. 6. This article was written by the writing team of NewHorizon.Org.
startup business credit cards
credit card mistakes
Credit cards are very helpful if you use them well, but they can go terribly wrong, if you make some of the mistakes you will be warned against in this article. If you have bad credit, you should know there are credit cards on the market designed to help you build your credit rating. But before you do that, let’s just have a look at the dangerous mistakes you are probably making with your credit cards and how to avoid them. Pin ItMistake #1. One of the easiest ways to build massive credit card debt is to use the credit card for even the smallest purchases such as food, clothing and gas. Mistake #2. Rewards cards offer several great advantages, such as getting a 3% rebate on an airline ticket. Mistake #3. One of the most basic errors people make is not to read the fine print on their credit cards, not clearly understanding the credit card agreement. Mistake #4. Mistake #5. It is never a good idea only to make a minimum payment on the credit card every time. Mistake #6. Mistake #7.
