What You Should Know About Credit Card Terms

What You Should Know About Credit Card Terms

Credit card companies keeps pushing hard to get more customers daily by giving “pre-approved” card offers to would be clients through mail. Chances are you’ve gotten one of this offers in your mail in recent days. Such promotion has being in existences long before now. Though getting such card is good to some extent and getting one will be helpful however, you don’t have to rush getting one without considering the plan terms associated very well.

There are lots of plan terms that you really need to study very well while shopping for credit card if you are not ready to put yourself in financial prison. These terms affect your overall cost. In this article we will take a look at some of this credit card plan terms you need to consider before choosing a company to deal with. Get a cup of coffee while we discuss each of terms you need to consider.

Consider a company that gives “free period” or grace period over others. Because without free period, the card issuer may impose finance charge from the date you use your card or from the date each transaction is posted to your account. Free period allow you to pay back your balance in full before due date in other to avoid finance charges and it’s usually mail at least 14 days before the due date, giving you enough time to pay.

Another very important term to take note of is APR (Annual Percentage Rate) which is the measure of the cost of credit, expressed as a yearly rate. APR often changes when there is a change in interest rates or other economic indicators. Still companies must disclose this before you open the account and on your account statements.

Apart from the annual percentage rate, you need to consider how much the issuer’s charges for membership fee. The annual membership or participation fees varies, it’s often between and 0.

You also need to know about method issuers will use in calculating your finance charge if you don’t have a free period, or if you are expected to pay for purchases over time. Knowing this will help you keep your finance charge low by measuring your buying patterns and paying back on time.

Some card issuing companies charges transaction fees and other minor charges when you make late payment, get advance cash with the card or exceed your credit limit. As a matter of fact some even charge monthly fee whether or not you use the card.

Is It Possible to Have an Accounting Career in Finance

Is It Possible to Have an Accounting Career in Finance

There are so many jobs that you can choose from if you want an accounting career in finance. But choosing may not be easy because it will not only depend on you but also the companies and the industries that you want to go to.

You must persevere in finding the suitable job as soon as you have finished school. You will learn when you are already part of the workforce that there are still many things that you need to grasp that were not introduced in all your academic subjects.

For beginners, you can settle for the less paying ones. You must aim to gather experience in the field first before you target your goal towards a higher paying job. But if you already have earned master’s degree and an MBA, you can jumpstart your career with the higher paying jobs first then gather experience as you last in the industry.

Career Path

It is important to have a career path whatever field you are venturing into. This will guide you through the work life and will lead you to success or failure. Of course, you don’t want to fail. You have earned a degree and worked hard for it. You must not lose that idea of perseverance. Apply it when you are already in the workforce.

There are many jobs that you can choose from. Listed here are only some. If nothing interests you, you can still opt to explore the many opportunities that are available for you. You only have to remember to look at the right places with the right mindset leading you through everything.

Accounting Clerk

This is an entry level position. Companies may require you to know the Office applications. You must also be able to relate well with people and must handle stress very well. Your task will be to match the invoices to the vouchers. Data entry jobs will also be assigned to you. And, of course, you are to manage the accounts payable and accounts receivable.

Banking and Finance

If you already have one to three years of working experience, you can also try this field. You can apply as a commercial lender to banks. Your marketing skills will be you best asset on this one and you need to have good networking skills.

For this job, it is your task to determine if people deserve to get their loans and capital funding for businesses. You must review everything regarding the loan process. You must also verify each agreement that you have agreed on.

Billing Manager or Supervisor

This position will gauge you customer service skills. Most companies require at least five years of professional billing experience before they get you for this job. You must know everything about the Office applications. You must be knowledgeable with electronic payment as well as the remittance systems.

Your task is to supervise the billing system of the company and the department assigned to it. You need to reconcile the accounts in the billing to the overall ledger. You must also ensure that the invoices are accurate.

There are really a lot to choose from for accounting career in finance. The idea here is to understand what you are doing. Gather as much experience as possible with every task that you handle. You will be able to use such knowledge as you advance your career towards other paths with regards to the world of finance.

Hunter Ceiling Fans Are Worthy Investments

People will always seek comfort wherever they are. During hot days, nobody wants to be drenched in sweat especially inside their homes. If the homeowners can’t afford the cooling technology of the air-conditioning systems, they can always switch to more affordable and cost-effective units of Hunter ceiling fans.


The use of ceiling fans is a more practical way of bringing in some coolness to the home. When the blades start to rotate, you will instantly feel their cooling breeze. It should be remembered, though, that the fans work only if the breeze that they produce comes in direct contact with the body. It’s useless, therefore, to have them working when no one is present inside the room.


The use of ceiling fans can indeed be cost-effective. They don’t require a lot of energy in order to run. The amount of power they need to work is just equivalent to what it takes to light up a bulb. Just think about the savings you can get from your utility bills if you opt for these units rather than rely on the air-conditioning systems. With these in place, you would be cooling off inside your home without any sweaty problems on bill payments later.


When shopping for ceiling fan units, it is always a smart move to get high-quality ones. Hunter ceiling fans are considered the best in the industry. The company who manufactures these products has been around for more than a century. Their long-standing existence is a testament to the superior quality of their units.


Hunter ceiling fans have very quiet yet powerful motor performance. Loud noises are what you would expect to hear from most low-quality brands. But this is not the case with the Hunter units. Their fans function superbly without that usual buzzing sound. The blades are perfectly-balanced and they come in exquisite designs and colors. These high-quality ceiling fans for the home are really worthy investments.

Enhance the beauty of your home with different hunter ceiling fans and amazing indoor lighting.

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College Credit Cards Help Smooth Out Credit Wrinkles

College Credit Cards Help Smooth Out Credit Wrinkles

College student credit cards have replaced student loans as a freshman’s first student credit experience. At the sophomore level, out of a sample of 100 students, over 90% were found to be holders of at least one college credit card. The question is why do many students find themselves in a vicious cycle of debt with their college credit cards? Why are so many students astonished with the huge bills they receive each month? Most importantly, must it necessarily always be this way for a college credit card user or is there a simpler way?

There are plenty of statistical indicators to suggest that students run up credit bills regularly yet they do not pay their monthly dues on time. Approximately 21% of college credit card users have balances between ,000 and ,000. The number of credit cards in an average student’s possession keeps increasing, indicating that they might be acquiring new cards to pay off balances on old ones. However, this can lead to credit balances increasing even faster, adding more debt in this never-ending downward spiral.

Five Steps to Avoid the College Credit Card Debt Trap

The core reason of this pathetic plight is the absence of a disciplined and planned system of using credit. If you, as a student, wish to optimize the use of your college student credit cards, use the following guidelines to plan credit spending and you will not go wrong:

- Pay up on time. Late fees are the most unnecessary source of debt accumulation. Ensure that you always meet the minimum payment on your bill. Ideally, you should try to pay more than the minimum amount to reduce overall charges.

- Use the 20/10 rule. Be careful that you never, ever borrow more than 20% of your annual net income and never spend more than 10% of your monthly income on your monthly payments. In other words, balance your credit to avoid irregularities in monthly payments.

- Plan your credit expenses. With college credit cards at your disposal, it is easy to give in to the temptation of impulse purchases. This leads to escalating card balances and higher and higher payments over a long period. It is ALWAYS better to plan purchases on your college credit card for so you can ensure you only build up credit balances that you know you can easily pay off.

- Avoid taking cash advances. The finance charges for these are generally higher than if you were to make credit purchases.

- Avoid approaching your credit limit. There may be extenuating circumstances that will require you to make unplanned expenses. So overall, if you stay clear of the credit limit by avoiding unnecessary charges, you can have the mental satisfaction of knowing that you can comfortably use the credit when it is really needed.

The Boon or Bane of College Credit Cards

If these guidelines are kept in mind, you will find you can live comfortably with college student credit cards. These tips are especially useful if you see yourself opting for that extra job in order to pay your credit card bills. Your savings are precious so don’t bring yourself to a point where you need them to bail yourself out of your credit-happy ways. A balanced budget is the best way to handle all your expenses. College credit cards are most certainly a boon, and yet they can become a bane if you are not careful.

You Should Think About Credit Repair.

You Should Think About Credit Repair.

Credit can often be hard for some people to think of as a real tangible thing since it is a number and comes from many different factors that are not a part of every day life. However learning about credit including the tips that are in this article will help one repair their credit.

Make sure that new, good information is being reported to the credit bureaus. If you have a credit problem, you will want to have as much good information as you can being reported. Ask your creditors that aren’t listed on the report if they would consider reporting your good payment history with them to the credit bureaus.

Take a look at your credit report, and see if there are any old delinquent bills on there with small balances. These accounts on your credit report are causing your score to be lower than it could be. Contact these companies and resolve the matter, and your credit score will see a significant increase.

To repair your credit, avoid multiple late payments. While a single late payment counts against you, multiple consecutive late payments are even worse. The more late payments you have in a row, the more each late payment counts against you. That means that when you make a late payment, it becomes even more important to pay everything else on time.

To fix bad credit, restrict yourself from borrowing any more money. Ask yourself if you can really afford what you want to buy, and if you really need it. By reducing your unnecessary expenses on a daily basis, you should be able to set enough money aside to pay back your creditors.

Also keep track of your credit. Watch your credit report, especially if you have a history of credit problems. You may see unexplained negative reports pop up or new accounts opened that you cannot account for. There’s nothing worse than facing identity theft while you’re already trying to repair a damaged credit score, so try to catch it early.

Be wary of credit repair programs that seem to good to be true; they probably are. Some scams have you create a whole new credit profile. Do not do it because it is considered credit fraud and it will open you up to large fines, a criminal record or even jail time.

When you have serious credit problems to repair, start by reading the Fair Credit Reporting Act. This government document outlines the limits of what lenders and credit recording agencies can and cannot do to your credit rating. The FCRA helps guide you to the best course of action and will warn you about unfair treatment.

If a credit collection agency balks at removing incorrect items, consider taking them to small claims court. The law gives you the right to sue for damage to your report, the expense of removal, and the emotional stress involved in dealing with it. In many cases, you can win by default as they fail to show up.

Once one learns about credit they can determine the best ways for them to fix their own credit. Credit repair begins with the individual and the choices that they make throughout their everyday activities. Once the individual knows what they should be doing and are actually doing it, they can repair credit.

Options To Consolidate Credit Card Debt

Options To Consolidate Credit Card Debt

Consolidate Credit Card Debt

When managing your existing credit cards seems overwhelming, one effective way to ease both the financial and emotional burden of the cards is to consider the option to consolidate credit card debt. There are several ways to consolidate credit card debt, and there are many benefits that arise from the choice to consolidate credit card debt.

First, what does it mean to consolidate credit card debt? One way to consolidate credit card debt is to take out a new personal loan and use the proceeds to pay down your existing credit cards. Another way to consolidate credit card debt is to perform a balance transfer; this involves applying for a new credit card which will allow you to transfer all the balances from your existing cards onto this one new card.

Both of these methods to consolidate credit card debt involve opening an additional unsecured credit account. Another alternative to consolidate credit card debt is to look into borrowing against your home equity. One way to do this is to take out a Home Equity Line of Credit (HELOC), which is credit line against the equity in your home. You would then use the proceeds of this to pay down all of your credit cards. Another way to take advantage of the equity appreciation in your home to consolidate credit card debt is to refinance your existing mortgage. As part of this refinance, you would use some of the proceeds to pay off your existing credit cards. This type of refinance is often called a debt consolidation refinance – you are consolidating both your old mortgage and your existing credit cards into one new mortgage.

Now that you understand how to consolidate credit card debt, it is important to understand the benefits of this strategy.

•Lower Interest Rate: Perhaps the most significant benefit that results when you consolidate credit card debt is that the new account that you are opening will carry a lower interest rate than the rates on the credit cards that you are paying off. This means that it will cost you less over time to pay off your debt. If your credit is strong enough, you may even qualify for a 0% balance transfer, which means that you will not have to pay interest charges on your debt for a set period of time. Moreover, a secured loan (e.g. mortgage refinance, HELOC, etc.) will generally have a lower interest rate than your existing credit cards.

•Faster Repayment Period: Along with saving money over the long term by lowering your interest rate, you will also more than likely be offered a lower monthly payment. This may be very attractive given your current financial situation. However, if you are able to maintain your present monthly payment amount after you consolidate credit card debt, you will be able to pay off the new balance much more quickly than you would have with the old credit cards.

•Ease of One Bill: Another very important benefit that comes with choosing to consolidate credit card debt is the simplicity of having one monthly bill that comes with the new account that you have opened. With multiple credit cards you are receiving multiple bills, more than likely with different payment due dates throughout the month. Not only is this difficult to keep track of, it also increases the likelihood that you will miss a payment and end up paying late fees and incurring higher interest rates. It is easy to see how one monthly bill can lower your stress level considerably!

These are just some of the many attractive reasons to consolidate credit card debt. Be sure to examine all of the financing options available to you before deciding on the right one. You may be eligible for a loan or credit card with very low interest rate relative to what you are paying.

Instant Approval Credit Cards: Instant Credit For Today’s Consumer

Instant Approval Credit Cards: Instant Credit For Today’s Consumer

Customers shopping for a new credit card can avoid waiting long weeks to learn whether or not they have been approved. Instant approval credit cards provide applicants with a fast online response. Online credit card websites offer a variety of instant approval credit cards, allowing customers to choose the card that best fits their financial needs.

How “Instant” are Instant Approval Credit Cards

The “Instant” in instant approval credit cards refers to the minimal waiting period involved. After customers fill out an application online, a reply is sent to their e-mail account within minutes. In some cases, the process may only take seconds.

While the application response time is quick, other steps in the process are not instantaneous. Customers will first want to carefully search for the right credit card. Like most credit cards, instant approval credit cards come in a variety of forms. Some offer a 0% interest rate for the first six to twelve months. Others include cash back bonuses, travel benefits, or rewards programs. Cards with no annual fees are also available. A list of instant approval credit card offers can be found on most credit card websites.

Before applying, it is important to understand the fine print involved. Customers should read through the credit card’s term and conditions. Many companies include charges for late fees. Others have interest rates that are subject to change. By reading through the card’s detailed information, customers will be aware of any included charges.

The Application Process

When filling out an application, customers will be asked for basic personal information. This may include levels of income, housing status and employment details. Certain credit cards require additional information. When the application is sent in, the applicant’s credit report is quickly reviewed. Customers with good to excellent credit have the highest chance of being approved.

Once the application has been approved, the card itself is sent through the mail system. On average, this takes from five to seven business days. When the card arrives, the customer may be asked to call a toll-free number to authorize use of the card. Once this is done, customers are free to use the credit card for purchases.

How Secure are Instant Approval Credit Cards

In some ways, filling out an application online is more secure than sending it in through the mail system. Personal information is sent directly to the appropriate source. Credit card companies and websites take extra measures to ensure security. Most issuers implement the latest data encryption for security purposes.

Before filling out an online application, customers should check the site for safety features. A small padlock and explanation of security terms may be listed. If anything looks questionable, customers are encouraged to investigate further before proceeding with the application process.

When to Apply

With the ease of the Internet, applications can be sent in any time. After careful research, customers can choose the best instant approval credit card for their needs. Once the application is sent in, the response will quickly follow.

Personal Finance Tips You May Not Know About

Personal Finance Tips You May Not Know About

Personal finance is difficult to pay attention to if you think that saving some of your money is going to deprive you of something you really want. Unlike other personal finance tips, the following are painless ways to save a little bit more of your money without feeling like you have to deprive yourself in order to save.

Invest the right way; you want to invest in stocks when you are still young and when you get older move to bonds. Stocks are a good long-term investment strategy. If you’re still young when the market turns south, you’ll have plenty of years left ahead of you to make it up. As you get older, invest in bonds.

Adding your credit card issuer’s account management site to your list of daily online stops is a good way to keep up with your credit card purchases. It will also help you to spot possible problems, irregularities, or new account charges early on before they affect your spending and payment behaviors.

Keep things simple. Don’t set up an elaborate financial tracking plan or be too strict with yourself. Remember, personal finance is something you have to deal with for life, so make it as simple and easy on yourself as you possibly can. Keep your finances under control, but don’t lose your head while you’re at it.

If you are trying to save money or need to tighten your budget, consider these tips to lower your monthly bills. Raise the deductible on your car insurance, downgrade your cell phone plan and cut out eating out. These three things may save you a couple of hundred dollars immediately.

Buy in Bulk. Stores like Costco and Sams Club are popular for a reason. A single person may not be able to use six cans of peanut butter in a reasonable time, but non perishable items like toilet paper may last you for a year! Buy in bulk what makes sense for you and add up the savings.

While some people see student loans as “good debt”, they can easily turn into a nightmare. Don’t take out loans without knowing what sort of career you’ll be after, and what your employment prospects might be. Otherwise, you may find yourself buried by your so-called good debt. If you can’t afford college without them, consider taking classes at your local community college.

A great personal finance tip is to forget about name brands, especially when you’re going grocery shopping. A lot of the name brand stuff is expensive just because of the brand itself. What people don’t know is that you can get the same quality products from generic name brands.

In order to save money every month, do not sign up for unnecessary leisure services. This will just end up costing you money and more stress. For instance, if you do not watch all of your cable channels, think of getting a smaller package. If you do not use all of your cell phone minutes, think of downgrading to a smaller plan.

The above tips illustrate lots of little ways we can each save money without making ourselves feel like we are deprived. Many times people don’t stick with things that make them feel deprived so these tips should help individuals save for the long term rather than just saving some money in crisis moments.

Simple Tips For Repairing Your Damaged Credit

Simple Tips For Repairing Your Damaged Credit

Many people are almost out of high school before learning anything about their credit. Some never learn about their credit – how to protect or repair it. This article can help anyone, whether you never learned, or just need a refresher about credit repair.

Since current bankruptcy legislation mandates that you acquire credit counseling from an organization which is government-approved within six months prior to filing for bankruptcy relief, it is important to know where you can access a listing of these approved organizations. You may view these organization on a state-by-state list on the U.S. Department of Justice’s website, under the U.S. Trustee Program.

To help repair your credit, you should dispute anything you believe is inaccurate on your credit report. Disputing these inaccurate items will lead to an investigation which can and oftentimes result in the removal of these mistakes. These mistakes if fixed can greatly improve a credit score, which in turn helps to quickly repair your credit.

Did you know that every time you apply for credit, your credit score is damaged a little? Applying for multiple credit cards, loans and other debt can significantly decrease your score, making it difficult to purchase important items later, such as a home or car.

If you work every day but never seem to have any money, you should track how much you are spending and on what. By keeping a daily list of everything you spend your hard earned money on, you will be able to cut down or do away with those expenditures that are not required. You will be able to establish a realistic plan of how much money you need for a month, and you can use the rest to pay off other debts or just save the money, the choice is yours.

One of the largest causes of bad credit is fraud. Staying on top of your credit by obtaining free yearly credit reports from the three major credit agencies will alert you of any fraudulent activity early on. The most common thing to watch for is new credit cards issued through the theft of your identity. Taking preventative measures like this will help you maintain high credit and reduce the need for unnecessary credit repair.

An important tip to consider when working to repair your credit is to make sure you exhaust all possible resources before considering bankruptcy. This is important because bankruptcy will remain on your report for 10 years and is extremely hard to come back from. Always consult with a credit counselor beforehand.

Make sure that you are very careful about your personal information being available to identity thieves. Be careful about keeping your social security card safe, get good software to keep your computer safe from attacks, and purchase a small paper shredder so that you can safely get rid of any documents that might have personal information on them.

So, aren’t you glad you took a few minutes to learn or remind yourself about credit repair? Remember it is never too late to apply the suggestions provided to protect or repair your credit.

Great Ideas For Fixing Bad Credit History (3)

Great Ideas For Fixing Bad Credit History

The topic of credit repair has significant implications for the lives of many who have run into financial difficulty of one kind or another. The key to effective credit repair is gaining a thorough understanding of what is truly possible and how to achieve the results you want. Use the tips that follow, and you will be on your way to a more secure financial future.

To improve your credit history, ask someone you know well to make you an authorized user on their best credit card. You do not need to actually use the card, but their payment history will appear on yours and improve significantly your credit score. Make sure to return the favor later.

People who are trying to repair their credit by looking for credit repair services should be wary of credit repair scams. There are a number of companies who claim to offer free advice from credit experts while they are overcharging you greatly for information you can get freely on your own.

If you find anything on your credit report that you think is not correct you need to take the necessary steps to dispute the information. It would be a big mistake to leave it alone because the problem is not going to solve itself and it is something that reflects badly on you.

To increase your credit score, keep the balance owed on your credit cards at less than 30% of the card’s total limit. The way you utilize your credit is something that credit bureaus consider when evaluating your credit, and a little restraint will go a long way to show that you use your credit responsibly.

In order to achieve good credit keep your balances low enough so that they are in a payable range should something happen. Do not use all the credit available to you because then paying it off may be a challenge. Use your credit modestly and you will be fine.

When deciding to repair your credit, get a copy of your credit report from all three major credit bureaus, TransUnion, Experian and EquiFax. These reports will show you where you stand with each debtor you have worked with. Once you know what is wrong, you can start working to fix it.

One easy step you can take to begin fixing your credit score is to change your payment history. Missed payments and delinquent payments, even those that are just a few days late, can take a big chunk out of your credit score. Begin paying your bills on time, or even before they are due, and you will see your credit scores slowly rise.

If you are behind on some bills, catch up as soon as you can. The longer that you pay your bills on time, the higher your credit score will be. Don’t beat yourself up if you are way behind right now, just budget your money so that you can have a time frame of when you will be caught up.

Credit repair can be a crucial subject for anyone who has suffered financial setbacks in life. It is essential to learn the ins and outs of the credit repair process, in order to avoid potential pitfalls. By using the tips and advice contained in this article, you will have a solid foundation for getting the credit outcomes that you desire.