How to Make Credit Cards Work for You

Credit cards have certainly gotten a bad rap: They make it easy to get into debt and difficult to get out of it if you don't manage them properly. However, you can absolutely learn how to make credit cards work for you. In fact, you can actually benefit from using credit cards – and perhaps even avoid debt altogether. Here’s how: Find a credit card that offers good rewards. A lot of terrific rewards credit cards are out there. These cards give rewards for every purchase. These rewards can ...

4 Ways To Rid Yourself Of That Pesky Credit Card Debt

Credit card debt brings with it a number of problems. According to an Associated Press-AOL Health poll, people saddled with credit card debt have a much higher probability of facing problems with their health. In addition to health problems, credit card debt has the potential to adversely affect your credit score, which can make it difficult to apply for credit cards, qualify for a home or auto loan, or even be approved for a cell phone contract. Fortunately, if you find yourself mired in cre...

What’s the Difference between a Charge Card and Credit Card?

Not that long ago, the most common way for a customer to pay using credit was by ‘charging it’. But today, you are more likely to hear, “Put it on my credit card.” Many people use the terms interchangeably perhaps not realizing that there are important distinctions between the two ways of borrowing. Merchants don’t care which option you use because their costs are the same either way. But it’s important for consumers to understand how each works to avoid wasting time and money. Most of the ...

How to Find the Best Small Business Credit Card

Being in possession of a business card is considered a blessing by most small business owners. However, choosing the wrong card can be more of a curse than a blessing. High interest rates, hidden fees, and inflexibility can stifle your cash flow and cause unwelcome surprises. With so many available options, how can you find the best small business credit card? Credit Score If you are either the sole proprietor of your business, or if you have less than 20 employees, your personal credit sc...

Credit Card Merchants Allow You to Conveniently Accept Payment

You run your own business and you finally have a buyer. He hands you his credit card. Your stomach tightens as you realize you have no way to accept his payment. The sale is gone forever. No, it’s not a bad dream. It’s real life, but it doesn’t have to be that way. Portable credit card readers allow you to accept payment with your smartphone with just the slide of a card, and credit card software allows you take credit card orders on your personal computer. Some credit card merchants may cha...

Credit Cards Can Be Risky Business when Underemployed

It goes without saying that the unemployed are at a distinct disadvantage when it comes to credit cards. Not only is a card difficult to manage without sufficient income but with tightened restrictions by lenders, it's nearly impossible to be approved for one. Young people or those who are finishing their college education are also at a disadvantage and vulnerable to the risks that can come with using credit, if they’re not careful when first entering the workforce or moving into the business wo...

Holiday Offer: $150 Cashback Bonus

I know a lot of us are going to be spending a lot of money holiday shopping over the next two months, so here's a great way to get $150 back. You just need to spend $1,000 in the first 90 days using the Discover® More® Card (I know a lot of you would do that even if it wasn't the holidays). With a great bonus like this, the 5% cashback in rotating categories, and the extended warranties that buying with a credit card provides, I feel like you're missing out if you don't tak...

The Impact of Debit Card Fees on Consumers

As the majority of consumers have already heard, a significant amount of banks in the United States have decided to add a fee when a consumer purchases a product or service using a debit card. Other than an increase in consumer outrage, few have taken the time to analyze the repercussions of such a fee on debit card use. This article will examine what the effects on consumers will be and what their options are moving forward to avoid debit card fees all together. The fees are a result of the ...

Do’s and Don’ts of Closing a Credit Card Account

Closing a credit card account can be a little daunting, especially if you've never done it before. There's actually quite a lot that goes into closing an account , and missing a step can be costly! Before you close that credit card account, read through this do's and don'ts list so you know just what you should and shouldn't do. Do: Figure out how it will affect your credit score first Sometimes closing a credit card account will have a positive effect on your credit score, but this isn't...

The Most Popular Balance Transfer Credit Cards

These are the most popular balance transfer credit card deals available today. You can sort by any of the categories below including popularity, apr, and annual fee to find the card that's perfect for you. If you're looking for reward credit cards, check our our comparison here: Most Popular Reward Credit Cards