5 Easy Ways to Make Money by Using Your Credit Cards

5 Easy Ways to Make Money by Using Your Credit Cards

Now I know most of you guys are thinking the title sounds too good to be true. You might want to read this when you’re alone because nobody wants to share a “money making secret” with their coworkers. This is not a get rich quick scheme or a job replacement, but it can put some extra dollars into your pockets.

Let me start out by saying that I have a large family that loves to travel, so I take advantage, oops, I mean I assist them with their bookings. Now you are probably wondering how does this make me money. One of my credit cards offers 5% cash back on travel purchases and since my family thinks credit cards are a tool from the devil and don’t like using them I save the day. I have booked numerous tickets for them. I collect the cash up front when booking and pay the credit card in full immediately. In 2 weeks I made $50 from booking tickets. […]

Bill My Parents Prepaid MasterCard Review

Bill My Parents - Bill My Parents Prepaid MasterCard ReviewI don’t think that I’ve ever endorsed a credit card before, but here’s is my first one!  It’s called the Bill My Parents Prepaid Mastercard and I’m in love with both this card and the entire concept.  As your kids get ready to go off to college, this might be the best thing invented to teach them financial responsibility, give them extra cash, and monitor their spending habits.  So here’s how it works: […]

Debt Consolidation and Debt Consolidation Companies

Debt Consolidation and Debt Consolidation Companies

Debt consolidation is by no means a big mystery. In fact, it is, at least on paper, an exceedingly simple concept. With the help of a debt consolidation company, the debt consolidation procedure essentially renegotiates and then combines all of your obligations into a lump sum handled by the company. As a result, you will have cleaned up and simplified your obligations and the structure of your debt will most likely have improved – in many cases changing from comparatively high short-term repayments to smaller amounts payable on a more long-term timeline. […]

Who Are You? A Guide To Protecting Your Identity Online

Who Are You? A Guide To Protecting Your Identity Online

The most rapidly growing crime in the U.S. is identity fraud. It might take you up to a year to realize that you have been targeted buy identity thieves. By then, it is much harder to undo the damage that would undoubtedly have been done to your credit record; track all the fraudulent purchases that have been made; and even worse, persuade all the lenders who have provided credit to someone in your name that you really didn’t receive a cent of the money. In the last year, an estimated 10 million U.S. citizens became victims of identity fraud with the total cost in the region of $5 billion; a lot of money. In some cases, there were steps that could have been taken in order to keep personal data more secure whilst online. […]

Shield Yourself With a Credit Card

Shield Yourself With a Credit Card

Credit cards are a great short term method of borrowing money and can bring with them lots of benefits and flexibility for the cardholder, but this can depend on choosing the best card to suit your needs.  Credit cards can be used in a variety of ways, from making payments for purchases and services to withdrawing cash to a balance transfer from one card to another. […]

broke - being cheap - credit card companies

Can The Unemployed Get A Credit Card ?

Anything is possible in this day and age, and if you are unemployed there are certainly options for you as far as getting a credit card. The real question is, if you are unemployed, should you be getting a credit card? It might not be the opportune time, but in all actuality for some vital functions you really do need one. The trick is to find the right kind of card and to manage its use responsibly. […]

Balance Transfer Credit Card at Face Value

Don’t Take Balance Transfer Credit Cards at Face Value

Transferring the balance from one credit card to a lower interest rate card is a smart move, but watch out for any hidden fees in the process. First of all, consider your credit score. If you have proven to be a responsible consumer, applying for a balance transfer offer should be simple enough. If you have poor credit, qualifying for a 0% interest rate credit card may not be possible. In that instance, look for the lowest interest rate possible for which you can still qualify. […]

Time To Revisit Your Bank Accounts

Time To Revisit Your Bank Accounts

By now you should have received a multitude of letters from your various credit cards or bank accounts. These letters should detail major changes that are taking effect soon as a result of the CARD act. They could include things such as overdraft fees, what will be paid, interest rate changes and fee schedule changes. Don’t just toss those things aside! Pay close attention to the changes and how they might affect you.

One of the changes that I noticed on my Chase account is a fee for charges that end up pulling money from my overdraft protection. I’m also going to be charged a fee for their points program. You know what is going to happen to that account? Say bye bye. There’s no sense in keeping it at this point. I’ve already changed my direct deposit at work to one account and will head on over to Chase during my lunch break to close that account. […]

Credit Unions Checking Fees

Credit Union Checking Fees

It reached 95 degrees here yesterday and in some places above 100 degrees and it’s not even officially summer.  So, this is my lazy Friday post because I was way too hot to have a laptop on my legs last night to actually sit and write a post.  Instead I’ll share with you a very interesting infographic from Bankrate.com about the rise in checking fees are credit unions.

Why should you care?  Well, credit unions have always traditionally charged less fees and the overall cost of doing business with credit unions was always traditionally lower than the big banks.  If credit unions are raising their fees, then guess who follows next?  All of you banking at the big guys (Chase, Citibank, Capital Once, Wells Fargo, etc.) better hold on to your purse strings and get ready for the fee bandwagon. […]

Do-It-Yourself Negotiation of Credit Card Debt?

Do-It-Yourself Negotiation of Credit Card Debt?

On a somewhat regular basis, posters on my forum ask questions like “Company XYZ will negotiate my settlement for 15% of my current debt, is this a good price?” or “The debt settlement company is non-profit so they must be legit, right?” The answer is a big fat “NO!” for both. The truth of the matter is that with a bit of research, debt negotiation is something you can do on your own without paying a dime. […]

Is A Cheap Credit Card A Good Credit Card?0

Is A Cheap Credit Card A Good Credit Card?

For consumers considering a credit card, there is a great variety of cards available on the market being offered and many of these are often enticingly advertised as being cheap. This raises the question for many consumers, who might be inundated with choice, as to whether a cheap card can really be a good card.

One of the keys things to note when considering the true cost of a card is that there is a difference between just interest rates and the annual percentage rates, otherwise known as APR. It is also important to note other fees that may be incurred with the possession of a card. […]