Due to the recent economic downturn, people are increasingly dissatisfied with banks. High interest rates, credit card fees and poor customer service make them urgently demanding change and better treatment. The recent 2009 credit card bill is a step in the right direction, but it is not an all-encompassing solution.
Most people think that paying for daily consumption with a credit card is a wise idea. After all, credit is safe, convenient and rewarding. In addition, if you have a sense of responsibility, you can get a reliable credit score every time you swipe your card.
The year 2018 is almost over. Before you know it, 2019 will be here. Therefore, there is no better time than the present to plan for your financial future. Even though it might still be the holidays, that won't matter when your monthly credit card bill arrives in the mail.
If you have bad credit, there are still credit card options available to you. The choices you have are either a subprime credit card or a secured credit card. Rebuilding your credit history is tough when you have bad credit.
When you want a line of credit or a loan, the creditors or lenders will judge your risk level based on your credit score. This is the only way they can understand your financial behavior since they don't know you on a personal level.
You need to keep your credit report as tidy and clean as your home's garage. If you want to have a stable financial future, you must have a good credit history.
It is quite embarrassing to try and pay for something with a credit card, only to have the card be declined. It's even worse if you have no other way to pay for your items.