Have you ever been told you were over your credit card limit, or had your debit card declined, even though you knew you had available credit or money in your bank account? If this happened shortly after you stayed in a hotel or rented a car, the problem could have been card “blocking.”
Payment Options
What’s the difference between a credit card and a debit card? A prepaid virtual card and an e-wallet provider? A bank draft and a bank transfer?
Why Your College Student Should Have A Credit Card
Theres no shortage of resources available telling you why college students should not have credit cards. Indeed there are some very valid concerns about college students and credit cards which are address later in this article, but there are also a number of good reason parents should help their children obtain a credit card heading off to college. This article covers some of these reasons.
You’ve Been Pre-approved
You have seen it before. Perhaps you are one of the millions of people who see these words everyday. They come directly to you courtesy of the postal service via your mailbox. These words likely appear in your email several times daily as well. You have been pre-approved for this credit card or that credit card. The mailings are quite luring as well. They offer great percentage rates, excellent balance transfer deals, or even exciting rewards.
What You Should Know Before Applying For A Secured Credit Card
If youve had some financial difficulty or found yourself in over your head with credit cards, you might be hesitant to have credit cards. Unfortunately, credit cards are almost a necessity in todays society. If you plan to travel you need a credit card to make car, hotel or plan reservations (even if you plan to pay cash once you arrive at the airport or hotel)!
When Credit Cards Are Disputed
When you set up shop and allow for payments via debit and credit cards, there are numerous advantages- including spontaneous shoppers, and people who will buy more when they can put it on a credit card, but there are also a few disadvantages as well. One issue many retailers discover when they first start accepting credit cards is not only will they be responsible for paying the various fees associated with accepting credit or debit cards as payment, but accepting credit card…
Tj Maxx’s Theft Among The Largest Hack-jobs Ever
At least 45 million shoppers using credit and debit cards at TJ Maxx and Marshalls have had their card details stolen from hackers, over a period of 4 or more years. This is believed to be the largest breach of consumer information in history.
Third Party Credit Card Processors
If youre a small business or just starting out, you may not feel ready for a merchant account. Obtaining a merchant account is not usually considered difficult, however, for a newly established business it isnt always feasible to run out and a merchant account immediately. Starting a business is often costly and risky to begin with- you do not need to go out and spend money on optional features (like a merchant account) until you know whether or not your business is going…
Taking A Stand Against Identity Theft
The first and most important thing you can do to become better prepared and protected against identity theft is to lose the attitude that it could never happen to you. Identity theft is much more common than most people believe, and the belief that it wont happen to you leaves you much more vulnerable than someone who actively takes steps to protect themselves against the crime. Identity thieves are able to obtain information they need to assume someone elses identity- of…
Single-use Credit Card Number Help Prevent Identity Theft
Almost everyone understands the benefits of a single-use camera when on vacation- you have a camera that lets you capture the memories, but you arent stressed about ruining or losing the camera on adventurous trips. A single-use credit card is designed to help prevent identity theft, and they are typically referred to as virtual credit card numbers.
Playing The Credit Card Game: Avoiding Late Fees
Did you know that some credit card companies purposely send their customer bills out so late in the billing cycle that you would literally have to submit payment the day the bill arrives in order to have any chance at getting the payment in on time? Its a tactic that many of the companies use to increase the amount of money they earn off their customers on the late fees.
How To Combat Credit Card Fraud
Mail Order companies and E-Commerce Web operators are constantly faced with a higher chance of incurring a fraudulent credit card transaction than are merchants who operate physical storefronts.