How do I apply for a credit card online? Is it secure?
Applying for a credit card online is easy and secure. Read the rest of this entry »
What should I look for in a credit card?
There are so many different credit cards out there it can be intimidating to try and choose. Read the rest of this entry »
Which credit cards can I get approved for?
Your chances of being approved for a credit card depend on several factors: your employment situation, your annual income, and most importantly, your credit history. Read the rest of this entry »
How are credit card minimum payments calculated?
Ever wonder how credit cards calculate your minimum payment? Ever wonder why minimum payments are so small compared to your full balance?
A credit card minimum payment is the smallest amount you must pay to your credit card company each month to avoid a late fee, which often results in a negative mark on your credit report. Read the rest of this entry »
Why do credit cards charge fees?
Credit card companies make money in three ways: fees charged to merchants who accept credit cards as payment, the interest you, the consumer, pay on any balances you carry from month to month, and fees charged to you, the consumer.
Why charge you fees? Read the rest of this entry »
What is an Annual Percentage Rate?
Annual Percentage Rate (APR) is a way of stating the interest rate that will be paid on a loan that includes one-time fees and other expenses that the consumer will pay.
The annual percentage rate is designed to represent the overall annual cost of a loan or line of credit to the borrower. Consequently, the annual percentage rate is intended to make it easier for consumers to fairly compare various lenders and loan or credit products. Read the rest of this entry »
How Do American Express Rewards Work? A Review
If you prefer earning rewards that can be used in multiple ways rather than points towards a particular airline or retail merchant, the American Express Rewards program is a good choice, giving you one airline mile per point or, in many cases, $1 in merchant rewards per 100 points. Read the rest of this entry »
