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Resolutions that You Should Break to Benefit from Credit Card Offers in 2008
One more year is in the past. The New Year is the time to start a new life or at least time to change its unpleasant aspects. Let's start with your financial condition. Just in case it leaves much to be desired, it is high time to change it!
According to the astrologists, 2008 is one of the best years to change your financial condition. If you do everything correctly this year, you can stay out of debt, benefit from credit card offers and simply grow richer! Above are the things you should not do in 2008 in order to be financially successful:
- Fill out every credit card application you receive in the mail. Applying for too many credit cards will damage your credit score. And if your credit score is damaged, you can forget about owing the most beneficial credit cards on the market!
- Pay for everything you see with your credit card. Even if you have cash back credit card or point rewards credit card and want to get some cash back or free gifts and discounts, don't overspend! Always purchase easily paid items with cash, and then the risk of a credit card debt will be much lower!
- Don't even bother to open the envelope with your monthly credit card bill when you received it, wait till it will be comfortable for you. If you do so, you will never be able to avoid paying late fees.
- Apply for as many store cards as you can simply because they give you a discount today! Remember that these cards have higher interest rates and can negatively affect your credit score. One more card means much more temptation. Remember that even the best credit cards can leave you without a penny!
- Always use cash advance on your cash advance credit cards. In case you do so, you will have to pay huge interest rate, which is much higher than normal charges.
- Purchase a new vehicle and finance it for the maximum number of months. In this case, there is a chance that your debt may "live" longer than your car!
- Never save a penny! Remember that tomorrow will be a better day!
- Never hide your personal information, let everyone know your Social Security Number, bank account number, etc. It is very easy to do! Simply don't burn the papers with your personal information that you are planning to throw away. It is the fastest and the easiest way to become a victim of an identity theft!
These resolutions are well-known, but unfortunately, according to the statistics, many credit card users follow them. The average credit card debt for the household in 2007 was about $10,000! Don't let this terrifying number grow in 2008! Be debt-free! It is not as difficult as it seems, you are the one, who is responsible for your finances! Don't hesitate, start taking action today! Remember that avoiding these resolutions can help you to make your financial condition in 2008 much better than it used to be a year ago!
ARTICLES about Credit Cards | >> View all Articles
American Express Travel
October 24, 2008
American Express continues to please its loyal customers with exclusive card offers for frequent travel rewards. Its latest product, co-branded with Delta Airlines, comes with a catchy "Delta Reserve Credit Card" name and aims at wealthy and creditworthy customers looking for incomparable travel experience. It cannot be referred to as a cheapest deal among the rewards type, but the price for the outstanding benefits and additional programs is more than acceptable.
The $450 annual fee and a competitive APR on purchases and balance transfers are charged for the exclusive access to the 24-hour Concierge Service, SkyMiles account rewards program and extended credit line. If you think you can find something better online, take a minute to read further and ascertain that American Express has not been overtopped.
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Pre Approved Credit
October 07, 2008
If you hold a valid FICO score with at least one national credit reporting agency, you are very likely to receive a pre approved bank card offer in the mail. But among the 3% of recipients completing and returning the application, only some 1.5% if not less actually get approved. Why is that and what are you required of to qualify for that enticing card offer sent by a major bank?
Most people think if they've been pre approved, there will be no hassle going through the formality of the application process. Now they don't have to spend hours searching and comparing products online to find the only right variant. Hardly anyone knows how the bank chooses a potential customer and what eligibility requirements it will use to finally approve or reject your application.
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Credit Cards at College
September 26, 2008
Though a standard unsecured student credit card is available to high schoolers nowadays, it is at college that young people make their first financial decision independently from parents. The first responsibility comes with the need to choose the right plastic from a great spectrum of equally attractive offers.
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