Many people find it easy and convenient to use credit cards and ATM or debit cards. The Electronic Fund Transfer Act (EFTA) and the Fair Credit Billing Act (FCBA) offer procedures for you to use if your cards are lost or stolen.
The Rise Of Credit Mastercards.
Credit has become a pillar of the American economy. When people began to look for ways to increase convenience in transactions, credit cards became popular as an effective way to exchange money in a ‘cashless’ environment, making transactions faster and avoiding the problems associated with dealing in cash. The rise of credit merchants and the widespread use of credit for household transactions has made large financial groups such as MasterCard into catalysts for the daily fl…
Rewards Cards: Convert Your Current Card
What’s in your wallet? Hopefully, a credit card that actually does some work for you. Let’s take a look at rewards cards and how you can convert your current “do nothing” card into one that provides airline miles, free hotel stays, or a big discount on a new car.
How To Protect Your Debit and Credit Cards
The best protections against card fraud are to know where your cards are at all times and to keep them secure. For protection of ATM and debit cards that involve a Personal Identification Number (PIN), keep your PIN a secret. Don’t use your address, birth date, phone or Social Security number as the PIN and do memorize the number. Become familiar with the Fair Credit Billing Act (FCBA) and the Electronic Funds Transfer Act and know what your liability is.
How Do You Dispute An Error On Your Credit Card?
Have you ever ordered something and gotten billed for it but didnt receive the merchandise? What do you do next?
Credit scores, credit history & credit qualifications… is it really that complicated?
A credit score attempts to calculate the likelihood that a potential borrower will fail to repay a loan or other credit obligation satisfactorily over a specified period of time. Read further.
Credit Cards and Minimum Payments Living in Debt
Many people love their credit cards. Its a fact of life and the figures bare this up. If you look at the rate at which UK credit card debt is rising it is quite amazing.
Credit Cards and Their Alternatives
With so many different types of consumer credit cards available today it can sometimes be slightly overbearing determining which type of card you want or need.
Credit Cards vs. Cold Hard Cash The Benefits
The security benefits of using credit cards have long been recognised. Even with the extra attention that is being placed on identity theft and credit card fraud these days, using your credit card is still one of the safest ways to pay for things available.
Credit Card Debt Statistics
In the past, credit card payments have always been fair, a small percentage of the total balance owed. A new change has recently been proposed by the government that may change this.