Credit card

Borrowing: Swiping your credit card? Think again

Reckless credit card purchases, late payments, and credit deferral can lead to a debt trap. And unpaid dues can affect your credit score After the Covid-19 pandemic, credit cards have become one of the most popular digital payment methods. The growing use of credit cards suggests consumer demand for innovative financing options and credit constructions […]

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Credit card trends for 2022

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Crypto threat to card networks; Should personal finance be compulsory in school?

67% say personal finance should be required in high school A survey conducted in mid-February reveals that more than two-thirds of respondents believe that a course in personal finance should be mandatory for obtaining a high school diploma. On top of that number, another 26% say it should at least be offered as a high […]

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credit card: 6 reasons why you should get a credit card as soon as you start working

Getting a credit card at the very first opportunity is a dream that many young adults carry throughout their college lives. Their first job gives them the necessary eligibility to apply for a credit card. However, debt being a double-edged sword that can potentially jeopardize their financial life at the very beginning, a conservative approach […]

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3 ways to lower your credit card interest rate

Image source: Getty Images Credit cards are notorious for their high interest rates, so it’s generally best to avoid carrying a balance on your cards whenever possible. But whether you’re opening a new card or have an existing one you’re working on, you don’t necessarily have to accept its high rate as reality. In fact, […]

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Fyncr unveils credit card bill payment app

Fyncr released what it calls “the first all-in-one mobile card bill payment app” in the United States on Thursday, February 10, noting in the company’s announcement that it aims to help people manage their credit cards and save more money and spend smarter. In the ad, Fyncr bills itself as “the only platform that allows […]

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the new way to pay Apple merchants; An AmEx debit card that earns rewards

Apple will let buyers pay merchants by holding phones together Apple has announced plans to introduce a contactless payment option later this year that will allow businesses to use iPhones to process transactions in stores without any additional hardware, competing with services like Square. The new “Tap to Pay” feature will allow US merchants of […]

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How to Make the Most of Interest-Free Credit Card Periods

Image source: Getty Images Share this page: If you’ve ever owned or considered owning a credit card, you may have encountered periods of interest-free credit. Well, current UK credit conditions mean that a number of major banks are extending their interest-free periods for the foreseeable future. Here’s how you can take advantage of the situation […]

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Holiday shopping fuels the return of credit card debt

Holiday shopping is back in force this year. But going into debt is a gift you cannot return. After Americans paid off a record $ 83 billion in credit card debt in 2020, aided by government stimulus checks and fewer discretionary shopping opportunities, credit card balances are on the rise again. on the rise. Overall, […]

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Average UK household has £ 2,000 in credit card debt – but one move can cut it in half

Using a 0% balance transfer credit card means people with debt can get it under control by starting to pay off the underlying debt, not just the interest. Typical UK house has over £ 2,000 in credit card debt ( Image: Getty Images) The typical British house has around £ 2,000 worth of credit card […]

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This is how I chose the perfect credit card

Image source: Getty Images There are dozens of great credit card deals out there, and choosing the right one is essential. maximize potential benefits it could come from the use of your card. Find the right one credit card can actually be tricky with so many different options, but these are the three steps I […]

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Should You Invest If You Still Have Credit Card Debt?

Image source: Getty Images Invest your money is important for creating wealth. But you need to make sure you’re ready before you start using your money to buy investments. If you have a lot of credit card debt, you may not be able to invest that much. How do you decide if you should focus […]

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Last minute shopping for the holidays? Earn extra points with credit card shopping portals

Image source: Getty Images As the holidays approach, many buyers rush to buy gifts for loved ones. If you continue to shop, you may be able to do so online, from the comfort of your home. It is convenient and can save your time, but be sure to save more with your credit card rewards […]

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4 credit card tips for beginners

Image source: Getty Images Credit card can be a useful financial tool. But when you are new to using them, they can be intimidating. Here are some tips for getting the most out of your credit cards without inadvertently getting into debt. 1. Check your balances weekly The advantage of credit cards is that they […]

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Why you shouldn’t rush to cancel a credit card with an annual fee

Image source: Getty Images There are different reasons why it pays to get a credit card that comes with an annual membership fee. In some cases, the money you spend on these fees could more than offset itself in the form of benefits and rewards. Imagine that by obtaining an annual membership card, you are […]

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Retail Therapy on Most Holiday Shopping Lists: Credit Card

TORONTO, Nov. 22, 2021 (GLOBE NEWSWIRE) – Consumers and small business owners are more optimistic about holiday shopping leading up to Black Friday, according to new survey data * from Equifax Canada. Equifax consumer data also suggests optimism is on the rise with average credit card spending trending up 17.6% in the third quarter of […]

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Why card issuers offer crypto rewards; Buy now Pay later Platforms may be regulated

Why your credit card company wants to give you crypto Cryptocurrency was first created as an alternative to traditional financial institutions. Now, it’s become common enough for Mastercard to offer its customers access to digital cryptocurrency wallets, cryptocurrency-branded debit and credit cards, and even loyalty-based rewards programs. cryptocurrencies. These tools are part of the partnership […]

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The ins and outs of protecting your identity when using a credit card

Eva-Katalin / iStock.com According to the Federal Trade Commission, more than 393,000 of the nearly 1.4 million identity theft cases reported in 2020 involved credit card fraud. This happens in restaurants, gas stations, on smartphones and via the WiFi of cafes. Some criminals make purchases that the cardholder never has to pay for. Others open […]

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Banks limiting overdraft fees; Credit card debt has increased during the pandemic

Credit card debt has increased during the pandemic According to a new investigation, more than half of Americans (62%) said their credit card debt increased from before the start of the global pandemic. In addition, 52% of respondents said they increased their credit limits to support the increase in their spending. But even as credit […]