News — credit

It is not always easy to identify the best business credit cards. There is far more to the process than just identifying the lowest annual rate of interest. Since companies have unique needs that must be met, they need to examine many different aspects of the financial products they are considering. Length of the grace period Most people are familiar with the so-called grace period that is available with many consumer products. Company cardholders cannot simply assume that such benefits are always available with their corporate card choices. To obtain the advantages that these interest-free repayment periods can bring, company...

In the olden days, our credit worthiness was based on a method of “good faith” and a handshake. Those days are long gone. The “good faith”/handshake method has been replaced by an elusive 3-digit code known as our FICO score. Our FICO score is determined by various factors and depending on where you land on this spectrum (spectrum being a scale ranging from 300-850), it can have a positive or negative impact on our buying power. In the initial phases, our credit score was used when it came time to buying a house or a car or getting a loan...

Via credit card bill negotiation programs it is an affordable and an easy task to negotiate and legally get out of paying credit card bills. These programs have existed since nineteen eighties and they have pulled many people out of debt. There is a tendency among people to overuse credit cards to an unaffordable level. Their expenses are more when they use credit cards. If cash is at hand and if they have to spend out of it naturally they would be frugal. But with the unlimited credit limits consumption ride high. It is not only one person but a...