Winning the Credit GameWritten by Cecily Backstrom
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That way you benefit from earning interest on your savings at your bank, but as soon as interest free credit period has ended, you can pay entire bill off without being hit for high interest charges. If you intend to pay off you credit card bill at end of every month, there are many benefit programs and reward packages available. You can receive award points every time you make a purchase with that card. These points can be redeemed in cash or discounts, and can even be used for purchase of airline miles, etc. Some companies offer a consumer guarantee protection on items purchased with card, and many will extend warranties on those items. Many offer discounts such as car rentals, travel insurance, accidental damage insurance for any products you buy. Also some companies charge an annual fee for using their card (especially business credit card accounts), so these should be considered against cards benefits. If you are not paying off your monthly credit card bills, look for a card that offers a low interest. If you are paying off your monthly credit card bills, look for additional card benefits. Interest free credit periods are good news for saving money. Credit Cards are an effective, and easy way to borrow money for a short time. Be wise and prudent when deciding to use credit. The bottom line is credit card companies want your business, and there is a credit card out there that can meet everyone's needs.
Cecily Backstrom is founder of All About Credit an excellent resource site dedicated to information about credit
| | How To Repair Your Credit ReportWritten by Tom Coleman
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bureaus. If you write in to a credit bureau complaining that one of late payments on your credit report is wrong, they must investigate and correct information within 30 days, or delete information. Because this deadline is very difficult to make, often late payment report is simply deleted off of credit report. This procedure is very slow and time-consuming, and you can either do it yourself or hire an agency to do it for you. Each letter should only request one change, otherwise credit bureau will usually declare request to be frivolous and thus they are not required to do anything. Each letter should be written to all three credit reporting agencies. These agencies, Equifax, Experian, and Trans Union, all have PO boxes specifically set up for complaints, but they change PO Boxes often to make it difficult for customers to find. Every month you, or agency you have hired, should send out another letter referring to a different mistake in your credit report. After many months, your credit report will show many fewer late payments, perhaps even none, and your credit score will have improved dramatically. The author runs finance website http://www.pawninfo.com about short-term loans and payday loans, and any or all of this article may be reproduced in any form as long as there is a link to website. The HTML is Pawn Shops and Short Term Loans
The author runs the finance website http://www.pawninfo.com about short-term loans and payday loans, and any or all of this article may be reproduced in any form as long as there is a link to the website. The HTML is Pawn Shops and Short Term Loans
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