Credit cards

How to get poor-score credit-cards under Bad credit hub? Description: Bad credit hub has introduced few regulations on the basis of which the card companies will decide that whether you should get the cards or not. The card with lower risks is to be chosen. Bad credit hub can help you to improve your credit-score in a better way. This hub allows you to get the best credit-card that can help to make your financial condition stable and firm. There are some specific conditions that need to be…

ON AWARENESS LEVEL OF CREDIT CARD BENEFITS There is a close relationship between awareness levels of credit card usage and the benefits of credit cards. The purpose of this empirical study is to investigate the awareness levels of credit cards and its benefits among different types of individuals across different demographics. In particular, knowledge structures, beliefs, likes and dislikes as well as attitudes of credit card owners in the possession and use of credit cards are investigated. The…

Credit cards are evil! Unfortunately, they are a perceived necessity in our society. A constant stream of commercials and advertisements bombard the senses, propagandizing why the customer should choose one business’s card over the competitor’s. Some individuals believe that carrying a credit card balance is beneficial to their credit score and helps it improve. The Internet is littered with examples addressing that fact. However, it is important to pay off credit cards each month because…

In his article, The Credit Card, George Ritzer explores the development of credit cards in American society. A credit card’s appeal is its immediate and easy access to funds where they otherwise could not be obtained. American people use this advantage to take advantage of money saving opportunities they were not prepared for, use for emergency situations, and even to live above the lifestyle they would normally be able to afford.(Ritzer) Even when I was younger, I remember my parents pausing…

Kick Credit Card Debt to the Curb The average American has credit card debt of over $5,000. That means half of Americans have credit card debt in excess of $5,000. The NAACP claims that black Americans have improved in this area and owe thousands of dollars less for credit card debt each year than they did in 2009. While things are looking better, blacks are still more likely to have larger debts that other races, with the average African American holding $5, 784 on their cards. Bruce…

Credit card companies love to prolong credit to college students,especially people that come right out of highschool.Ads for credit cards line campus bulletin boards, flash across commercial Web sites for students, and get stuffed into shopping bags and stuff. Why do the companies market their product so weird to a population that lacks a good credit history and really has no ongoing source of income? The answer is that good profits can be earned through high interest rates and assorted…

Credit Card Debt-Is It Easy To Get Out Of It? By Chandrasekaran Rajamani Oct 25, 2010 The problem with credit card debt is that it is unsecured debt hence has higher interest rates(up to 36% per year) compared to secured debts. Normally credit cards are used for buying almost anything and if you do not pay the whole borrowed amount within the stipulated grace period(normally 25 days) after the credit card bill is issued , high rate of interest is charged. This keeps adding up due to the…

American Express. When new credit cards entered the market such as Visa, Master Card, and Discover Card, American Express lost profits by roughly 20%. Since this hurt American Express and their earnings, they responded by tightening the contractual restraints of Non-Discrimination Provisions (NDPs). NDPs were used to control the way merchants treated American Express cardholders. American Express also made sure that merchants could not say anything about what kind of card they wanted their…

suggestions given are not even limited to credit card debt – they could also refer to student and car loans with a few modifications.) Because swiping a credit card involves less work than counting (and more importantly, parting with) cold, hard cash, a person armed with a credit card arguably spends more. A person’s lazy System 2 certainly is not going to keep track of expenses by default – in fact, according to the Journal of Experimental Psychology, credit card users often spend about 12%…

technologies. Capital One’s main focus was issuing credit cards. They entered the Canadian market and they achieved huge success because of availability of credits and low interest rates. Customers divided to three different segments base on their default risks. They were Sub-Prime, Prime and Super Prime.Super prime customers has low risk default and Sub-prime customers has higher risk default. That’s why , Canadian retail banks offers credit cards only to higher risk default customers which…