Minimum Articles

1). Credit Cards and Minimum Payments – Living in Debt By : Joseph Kenny
Many people love their credit cards. It’s a fact of life and the figures bare this up. If you look at the rate at which UK credit card debt is rising it is quite amazing. Millions are being spent all day every day in an endless frenzy of spending. Pretty soon, three quarters of all adults in the UK will have credit cards and if you were to ask any of them to give theirs up, you can bet their answer would be no.
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2). Minimum Payment on Credit Cards – Bad Idea? By : Joseph Kenny
Are you quite happy paying off the minimum amount every month on your credit card bill? You may be unaware of the actual amount you are paying off towards your debt. Most off your payment will go towards the interest owed leaving your debt and further interest charges to accumulate further. 1 in 8 people in the UK pay only the minimum payment required on their credit cards.
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3). Credit Card Penalties By : Peter Kenny
What’s the thing that seems to always happen every time you are finding it difficult to meet your credit card payments? You get slapped with a penalty fee. These fees or penalties seem to always happen just at the very moment you need them least. Someone once described a banker as a man who will lend you his umbrella, and then ask for it back as soon as it starts raining.
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4). Minimum Monthly Credit Card Payments On The Rise By : Ed Vegliante
It is estimated that more than 40% of Americans carry a revolving balance on at least one credit card. This is an enormous number, and it is caused primarily by the security people feel in making minimum monthly payments. When you charge money to your credit card, you are only required to make a small monthly payment to keep the debt from entering into collections, which means that a purchase made in 1995 might still be carried on a credit card in 2006.
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5). Increased Credit Card Payments – Helping You Keep Up By : Joseph Kenny
In the past, credit card payments have always been fair, a small percentage of the total balance owed. A new change has recently been proposed by the government that may change this. The monthly credit card payments that people are making may double within the next year. This will make things much harder for people who are already having a hard time making their existing payments.
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6). Are You Worried About Credit Card Debt By : Peter Kenny
Properly every one of us has some sort of credit card debt, but when do we know that it’s spiralling out of control? Well one way is if you’re pay more than 15% of your monthly salary to your credit card bills then start to worry, but a worse way of dealing with this is borrowing cash from one credit card to pay another, this will only put you into more debt.
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7). Budgeting with Credit Cards By : Peter Kenny
These days, with so much easy credit available it is very easy to let your finances and debts get a little out of hand. Pretty much every morning when you wake up and check your mail, you will be greeted by a plethora of junk mail advertisements seeking to entice you into signing up for a personal loan, a new credit card, a debt consolidation loan or some other similar form of credit.
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8). Balance Transfer Disasters By : Peter Kenny
There has been a rapid growth in the availability of zero per cent rates in the credit card industry. These have been caused by the combination of very low national interest rates, and the injection of fierce competition from American lenders such as Capital One. The UK credit card industry is now recognised as one of the most sophisticated and competitive credit card markets in the world.
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9). Credit Card Debt – Some Remedies By : Joseph Kenny
If you have credit card debt, then don’t just bury your head in the sand and hope it all takes care of itself. If you do this, the problem will only get worse.
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10). Credit Card Basics – Understanding Five Main Credit Card Terms By : Joseph Kenny
Credit cards are easy, right? You have a credit limit. As long as your balance isn't as high as your credit limit, you can pay for things with your credit card. When you pay for something with your credit card, you don't have to pay for it until later. You pay interest on your credit card balance and as long as you don't go over your credit limit, everything's fine.
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11). Car Loans By : Peter Kenny
Buying a new car is one of the single biggest purchases most people are likely to make in their life. Other than their home and maybe their education, there is not really much personal expenditure that can compare in size to the purchase of a new car. Therefore it is not surprising that most people cannot afford to pay for a car outright. This is so even if they have a very good income.
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12). Reduce The Costs Of Your Credit Cards By : Joseph Kenny
Statistics show that the average American family owes over $8,000 in credit card debt. This is a large amount of money, especially when you consider the fact that most Americans make about $33,000 per year. The costs involved with using credit cards can be very large if you're not responsible when using them. In this article I will discuss steps you can take in order to reduce the costs of your credit cards.
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13). Make Money With Cash Back Credit Cards By : Peter Kenny
Cash back credit cards are a great way to get some of your money back that you spend using your credit cards. With plenty of credit cards issuers offering this to the credit card customers now, to entice hem into spending more, there is one thing that I would say though, is only take out a cash back credit card if you can pay your credit card bill off in full at the end of each month, if not then you could be holding a credit card that is charging you a higher rate of interest, costing you more for your borrowing than it should and could be.
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14). Credit Card Common Mistakes - The Top Ten By : Joseph Kenny
In no particular order, the following are viewed as being the top 10 common credit card mistakes: 1. Applying for a card and limit you cannot afford to repay Most people have bad debt management skills and are swept away with the fact that they have ‘x’ amount of pounds as their limit. They rarely consider paying the card and have “maxed” the card out in a few months.
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15). Credit Card Late Fees - How to Avoid Them By : Joseph Kenny
Credit cards have become a common means of paying bills. It is very convenient because you need not make any cash payments from your pocket. Though credit cards are easy to use, they come with a fee that is charged by the credit card company.
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16). Use Your Credit Card Sensibly By : Joseph Kenny
A credit card is a wise option if you wish to make frequent purchases and keep a track of your expenses. The facilities could even be used to postpone payments on certain articles, thereby earning more interest on your money. It enables you to shop without carrying large amounts of money, thus eliminating the risk of theft.
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17). The Benefits Of Cash Back Credit Cards By : Joseph Kenny
Cash back credit cards offer customers cash benefits on certain purchases. The offers differ for different cash back credit card companies. Some offer higher rewards on purchase of selected items while some provide benefit on almost any purchase.
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