What is a Balance Transfer?
2009-06-22 by Lee

While credit cards and lines of credit abound, balance transfers remain the best deal in short term borrowing. Balance transfers usually offer lower rates, low introductory rates, and specific advantages to transferring balances. Some credit card issuers even give points, airline miles, or other b...

Reaping the Hidden Benefits of Credit Cards
2009-06-19 by Lee

...y benefits for knowledgeable consumers. Many consumers look to credit cards for convenience, and indeed, the “buy now and pay later” mantra is becoming the catchphrase of modern consumerism.

Credit cards come with plenty of safety, and for that reason, they are the preferred method of payment for transactions over the phone or the internet. Both the consumer and seller are provided with protections against credit card fraud. The consumer is not held accountable for any charges made with the stolen card, and the seller loses nothing, as its payment is guaranteed by the...

Managing Student Credit Cards
2009-06-18 by Lee

Student credit cards are a great way to get started in building good credit, which will open access to top banks and decent interest rates. Believe it or not, student credit cards are one of the best deals in the credit card industry.

Credit card issuers love to lend money to students...

How to Get 0% Interest on Your Credit Card
2009-06-02 by Lee

Very few people actually understand how interest is calculated on credit cards. The terms and conditions that come with each credit card can be long and complicated. Nearly all credit card companies show interest per month, which tricks some cardholders into believing they only pay 2% a year on th...

Home Equity Lines of Credit and Credit Cards
2009-05-31 by Lee

HELOCs and credit cards are offered by the same banks, and sometimes sold as something the same instrument. In reality, HELOCs and credit cards are not that similar, but are both credit tools. Both have their uses and applications. Which is better for your needs? Here is a quick comparison of t...