Archive for the ‘credit’ Category

Credit cards & credit history

Friday, August 28th, 2009

All credit cards issuers will check your credit score before issuing a credit card. Credit history is major factor in many life decisions, and knowing your credit score is important when planning for the future. Visit freecredittrio.com to receive your free credit score from all three major credit bureaus just for trying our credit monitoring service free for 7 days. Prepare yourself with the info you need to buy or rent a home, get a loan or get a job.

Credit card reforms

Monday, August 24th, 2009

Most of the credit card reforms  proposed by the credit CARD act come into effect from  February next year.   However some changes came into effect last week, which include:

  • Credit card companies must notify customers 45 days in advance before they change the interest rates and other major terms .
  • Credit card users are given a period of  21 days  from the day their bills are sent out to the day payment is due.  This is an extension of 7 days from the period of 14 days allowed earlier.

Credit cards with no credit history

Sunday, May 17th, 2009

If you have no credit history, you will first have to apply for a credit card specifically for those with bad or no credit.  As your credit history improves, you can apply for a credit card with better terms.  A student can alternately apply for a student credit card with no annual fee and low interest rates.

CCNewz

Wednesday, April 29th, 2009

Credit card news, information