Medical credit cards are used for medical purposes only while traditional credit cards can be used anywhere, any time. One of the biggest cons to a medical credit card is the high interest rate. Also, certain providers may not accept the credit card. If you get a traditional credit card you’ll still be able to […]
An option to pay off your credit card debt fast is to move your debt from a credit card to a home equity line of credit. Another term for it is HELOC. It can substantially decrease the amount of interest you pay. It is a smaller risk to lenders than other types of loans. That […]
Retail credit cards come with special benefits and incentives for their card holders. Stores like Target REDcard gives its shoppers the option of free shipping for orders placed online, not to mention an extra 30 days for returns. Then there are stores like L.L. Bean who offer card holders free monogramming on L.L. Bean products. […]
Millennials are wary of marketing and finance, which means that credit card companies have had to adapt their strategies for getting their attention. Almost half of millennials carry only one rewards credit card. According to the report by Aite Group, “40% of seniors (born before 1946) have three or more cards, as do 27% of […]
While credit card rewards are constantly booming and becoming seemingly more and more innovative, there are certain limitations occurring. Merchants and business owners are the ones that fund interchange fees through their stores. Chunks of these fees are passed along to card issuers, and banks are also able to collect on them. If people come […]
It can be an awkward and emotional conversation, but more and more senior citizens are drowning in consumer debt. If you need to discuss credit card spending with an elderly person in your life, read on for five tips to get the conversation started. Image via Flickr/newsusacontent Continue to original source.
If you don’t pay your credit card in full each month, you’ll receive a finance charge – essentially paying interest on your remaining debt. But are these charges unavoidable? Click below to learn more. Image via Flickr/Mira Edorra Continue to original source.
A credit union may not be the first type of lender you think about when you’re looking to get an auto loan, but there are more than five thousand federally-insured credit unions operating in the United States, and more than a third of their business is in auto loans. Read on to learn about six […]