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Just what are co- branded credit cards? They are credit cards that are offered by a credit card company that is jointly sponsored by both a bank and a retail merchant. Many airlines, car companies, hotels and even movie theater companies offer them.
Banks have determined that co-branded credit cards are more... Read all »
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As with all lines of credit and debt you may take on, it's good to first understand everything involved in these cards before you sign up. Often a person will look at the minimum monthly payment and nothing else, however, that monthly payment doesn't mean your purchased items will only cost that much! The interest... Read all »
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Credit cards offer loans which are repaid in a certain time frame and attract interest which is not fixed and will vary with the repayment period. There are numerous credit card companies which offer different products and have different repayment rates.
Credit cards are made available to eligible applicants who... Read all »
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Some credit cards offer cash backs and rewards to the card holders. The credit card holders may benefit from earning cash straight in to their account as they shop. This is a win-win situation for the credit card holders as they will optimize on their shopping. For instance, the master card offers cash back that is... Read all »
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Note that they are numerous card issuers out there who are in a constant bid to recruit new members and in the bid neglect the security aspect of your dealing with them.
The Dos and Don’ts
When selecting a suitable credit card one should consider the interest rates that go with it. It is advisable for one to... Read all »
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Many in debt may opt to declare bankruptcy or sit back and wait for the consequences. This is definitely a disadvantage to the card provider and thus an amicable solution would be preferred.
One of the solutions out of this stale mate is for the credit card provider and the borrower to work out an amicable... Read all »
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A credit card holder has to be over twenty one except in special conditions. Many young credit holders utilize these cards in a bid to improve on their credit score. The prime age vis a vis the credit score would be between thirty and forty years. Credit card history is a yard stick measure that is used to quantify... Read all »
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It is therefore prudent that before one acquires the next credit card she should consider the costs that will accrue from this decision. Found below are some of the costs that will arise from the acquisition and use of credit cards.
The credit cards are subjected to various fees. The conditions are... Read all »
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Credit cards can only be offered to those who have attained a minimum age of twenty one years. However, those below twenty one years, can still be provided for with credit cards in the condition that they fulfill certain criteria. It is important for those who have attained twenty one years to be... Read all »
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Convenience and Security
The credit cards offer the users a high level of convenience. This is evident from the fact that one does not have to be subjected to carrying so much cash around. This convenience comes with security as one can purchase goods and pay for services without any strain. The fear of car jackers... Read all »
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Where can One get a Credit Card?
Before applying for a credit card it is very important to carry out a self examination to determine your credit background and particular needs. Once your decision is made up then simply physically go to the credit card issuers office or visit their website. You can download an... Read all »
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This report also contains the accruing interest and the percentage interest rate which enable a borrower to project her credit situations that will accrue over time. Credit card reports are also shared between different credit card bureaus and are useful in gauging the credit worthiness of a borrower.
Credit Card... Read all »