Like many working class individuals, I had accumulated some unnecessary credit card debt along the way. With all the credit card processing companies out there, it makes it that much easier to over-use credit cards. It was manageable credit card debt, but with an interest rate that was hovering around 15%, I knew I could do better. …
How to Choose the Best 0% Balance Transfer Credit Cards Read More »
Supposedly, this is a true story. I wasn’t able to verify whether it is actually true or not. Probably not, but if you ever had to deal with a customer service representative over the phone you can probably relate to this anyway. From my own personal experiences I find it believable. Even if isn’t not actually true, I find …
Although there have been some drastic changes in the credit card realm, there are still several good offers available to card holders. Recently, Citibank just released an update to their Citi® Diamond Preferred® Rewards Card and the Citi CashReturns® Card. If you’re looking a good credit card that is offering 0% on Purchases and 0% on balance transfers, then …
Citibank O% APR on Purchases and Balance Transfers Read More »
Are you looking for a credit card with a sweet introductory rate that won’t gouge when the intro period ends? If so, you want to consider the Citi Platinum Select Mastercard. There have been some recent improvements to the card that make it that much more attractive. Take a look below of some of these …
Understanding the cost of using your credit cards requires that you understand how your Annual Percentage Rate (APR) is calculated. The more you know regarding your personal finances, the harder you will try to stay or become debt free. The APR is the interest rate charged to you for the privilege of borrowing money. It’s …
I really need to follow up on my last post “All Credit Card Companies Are Not the Same” with an update. Unlike Roland Burris, Junior Senator of Illinois, I believe it is only fair to present all the facts. One day after I posted my rant about Bank of America on www.consumerboomer.com, I received a call from a very nice gentleman I …
Follow-up “All Credit Card Companies are Not The Same” The Return Call! Read More »
We are a society steeped in consumerism and the idea of easy money. Credit cards are a symbol of our desire for instant gratification. And this desire, and an unwillingness to save up for purchases and delay gratification until we have money, are taking their toll. There are some very real credit card costs, and …
For most people a credit card is a tool for financing what they want to buy. Too many people see a credit card as tool for spending money and getting the things they want. They take their credit card out shopping and buy stuff with it. These purchases add up to a significant debt, one …
As I’m sure you’ve heard by now, there is a new federal credit card law that finally just went into effect February 22, 2010. The intent to these credit card law changes was to add protection for consumers, but according to this Boomer, they have missed the mark by a mile. Here’s a some reasons …
New Credit Card Laws 2010: Maybe not be what it was cracked up to be! Read More »
Ordinarily you’ll see advice on how to avoid using your credit card at all costs. Not only is that unrealistic for most people, it’s also unnecessary if you know the difference between the times you should use your credit card and the times you shouldn’t. As we know, when it comes to swiping there are …
Using Credit Cards: When Should You or Shouldn’t You? Read More »