Tags: account, Amazing, american adults, American Express, American Express black Centurion card, Americans, AmericansÂ, annual fee, APR, Argos, ARM, average, bank, Bank of America, boring topic, branded credit card, budget, Business, California, california hills, california sky, cardÂ, Centurion Card, check sum, Comcast, commendation, compare, credit, credit and debit card fraud, credit balance, credit card, credit card expires, credit card fraud, Credit Card Marketing, credit card membership, credit card number, credit card offer, credit card offers, Credit Cards, credit history, Credit Karma, credit result, Credit Score, credit scores, CreditKarma, date, deals, debit, debit card, Debit cards, evenlyÂ, exclusive credit card, expiry, expiry date, fraud, interest rate, logo's Blue, Logos, Low interest rat, low interest rate, Luhn Formula, magnetic strip, minimum payment, most exclusive credit card, pay off, personal safety, requirement, retail giant, security index, sum formula, tea, technique, Telecommunication, Telecommunication effects, Telecommunication field, terrorism, UK, Unisys, united states, usersÂ, Visa logo
Many people believe that credit scores, credit cards and credit history is very boring topic. Nowadays a plastic card that is credit or debit cards are present in almost all the wallets. Here are some of the most interesting and fun facts that will be shocking for you.
1. Visa Logo on the Credit Card
This is an amazing fact about Visa logo on the credit card. A visa logo’s Blue and gold Portions on a credit card represents the color of the California sky and California hills respectively, which is the state where Bank of America was founded.
2. Americans Fear of Debit or Credit Card Fraud
Americans are full of fear not because of terrorism, computer viruses, heath or personal safety. They are frightened because of the credit and debit card fraud according to a source: Unisys Security Index: United States, March 2009.
3. Worse Interest Rate
Suppose you are having it worse with a matched up 29.9% interest rate? Retail giant Argos rocked out with a branded credit card with a ridiculous 227% APR, UK in 2008.
4. Credit Score
1/3 of American adults do not want to check their credit score. Moreover, 2/3 of American adults who are 144 million people have not even checked their credit balance for many years. Don’t be the part of this list, which are unaware of their credit result from a long time, so for getting your score free as soon as possible contact at Credit Karma.
5. Credit Card Marketing
Each American family gets an average of six credit card offers per month in the mail. You can stop those irritating deals by going to ‘OptOutPrescreen’ in your mail. However, now you can save trees while reviewing credit cards on Credit Karma.
Read the full story
Tags: Americans, Bills, conventional, Credit Cards, Debt Consolidation, financial difficulties, financial situation, fixed rate, high-interest, income taxes, manageable, monthly income, relief, tax deductible, traditional mortgages
Many Americans are facing financial difficulties for long time because of their debts. Before going for debt consolidation, you must know what is debt consolidation? Debt consolidation is a strategy which is used sometimes by the consumers for managing their debt problems. Debt consolidation loan converts your smaller loans into one big loan so that you can payoff one bill every month instead of making several monthly payments to different collectors.
If your credit card debt and other bills are consuming too much of your monthly income, then you need to line up your monthly payments. Try to take advantage of the payment-lowering opportunities of a Debt Consolidation Loan.
Because of debt consolidation loan you can have:
Tags: Americans, Banks, credit card, debit card, federal legislation, fee, interest rate, Money, payment, rewards program
Numbers have shown that this year, Americans have spent more money through debit cards as compared to credit cards. This is the first time that it has ever happened, and the reason may be tighter restrictions on credit card holders and greater fee.
Moreover, consumers are expected to spend $1.64 trillion in the next year using their debit cards
But could debit cards be the new way for banks to make more money?
Debit cards usage is expected to grow more in the coming years. The high interest rates and the bad economy has made Americans reluctant to take on more debt. Also, as the new federal legislation takes effect next year, banks are expected to become more stingy with credit cards, which could make the debit card the preferred form of payment for many consumers.
Read the full story
Tags: Americans, bulb, cost of home energy, degrees, Depletion of natural resources, dollars, Economic Recession, efficient technologies, energy costs, energy-efficient bulbs, household, lighting, living costs, Lower the temperature, Money, poor economy, standard of living, water heater
Most of the Americans are struggling to maintain their standard of living, as the economic recession continues. However, the one fundamental struggle that defines a poor economy is energy costs.
In 2008, the cost of gas alone, for an average household was almost $4k, which was $3k the previous year. Whereas, the cost of home energy was around $2.4k last year, which is $300 dollars higher than it was in 2007.
Read the full story
Tags: Americans, Debt, debt-free, depression, expenses, fight debt, Fighting debt, income, living standards, Money, secure, spending habits, stress
No body wants to live their lives, feeling the burden of debt every day. We all want a free, secure and peaceful life. But unfortunately, most Americans are forced to face this reality of life each day.
There are many families who struggle every day to maintain their living standards, while coping with the stress and the depression that is caused by debt.
In order to free yourself from this dilemma, it’s important that you do more than just try to pay what you owe; it is essential that you must also be aware of what you owe, what you do, and where the problem lies.
Read the full story
Tags: Americans, assets, Bills, businesses, consumer credit, credit card debt, decreased borrowing rates, Economic Recession, falling stock portfolios, Federal Reserve, Financial Management, Funds, government, individual families, job development, liabilities, Loss Of Net Worth, lower home values, unemployment rates, Wall Street banks
In order to extensively fight off credit card debt, many consumers have been trying to pay off their bills and cut down on unnecessary spending and the buying of luxury items.
The tax refunds that were granted by the government this year were used by most of the consumers to pay off credit card debt and other outstanding bills rather than making smaller purchases or buying a single big item.
Read the full story
