Money

Posts Tagged ‘money’

What is the best credit card company to apply for as a student starting to build credit?

I’m just a college student looking to build credit with small payments on a credit card. I got a student offer in the mail from discover, but it seems like their interest is high. I’m also confused on the cash back interest, and does interest collect on every thing I purchase?
I’m not a money crazy college kid.. I took a consumer law class. I know what happens when you spend your money stupid. I just want to build credit in small incriments. For example, buying food and paying it right back off, gas etc.

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What's the best cash back credit card?

I don’t need any good low interest credit cards. I always pay in full so that isn’t a problem. I don’t want a card with an annual fee.

So currently I have two cash back credit cards.

1.
3% cash back on gas, groceries, fastfood, and 1% on all others.

2. 3% cash back on resturants, office supplies, and i think something else. 1% on all other.

So i’m thinking if there is another credit card that offers cash back on different stuff that is like 3% or higher, why not get one?

Is there one that gives cash back for entertainment? I don’t want any sony credit cards or something that is only for certain stores. I want a Visa, Mastercard, American Express.

Does AE offer like 5% for resturants? and wireless bills?
I have like sprint internet where you can use it anywhere and it’s a usb device but i believe it counts as a wireless bill. I also don’t want miles. I don’t fly so those are useless to me. I just want cash back. CASH. I want to earn money.

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What is the best way to negotiate an offer to settle your credit card bills?

I am no longer working and have closed my credit cards with high balances (the most is 00). I will be getting a chunk of money next month and would like to settle these debts on my own without having to use one of those debt management companies. What is a fair offer to make on a debt that size? How do I go about doing this, and what about my credit score? Please help.

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Seeing how some people max out their credit cards during clear out, super sales would you say that they aren’t?

really saving any money? With all the interest plus compound interest and compound interest of the compound interest they end up loosing more more money even compared to others who used cash to just buy what they needed regular price or sale.

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Is it a wise decision to consolidate credit card debt with a personal loan?

I recently graduated college and was unemployed for several months afterward. My savings, etc, quickly ran dry, and I began carrying a credit card balance to live. I’ve begun working (finally), but my credit card balance is quite high now. The interest rates on my two cards range from 11.9% to 16.9%.

I’ve just finished paying for my car, so I now own it outright. The resale value is fairly high. I think I can get a personal loan through my bank to pay off my credit cards, especially if I use my car as collateral, at a rate of 8.9%.

I’m sure these compound differently, but I just don’t know enough about it to compare the costs. So, three questions:

1 – Would it save me money (in interest) to pay off the higher interest credit card balances with a personal loan through my bank?

2 – Is it wise to use my car as collateral?

3 – Does a personal loan "look better" on a credit report, compared to credit cards with high balances?

Thanks in advance!

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Your Best Travel Rewards Credit Card?

I was thinking of getting more rewards through a travel rewards credit card. I was also wondering what is the best travel rewards card that offers more with less risk and restrictions such as expired points, etc. I was thinking of getting the Blue Sky Travel Card from American Express. Basically, what offers more for your money spent, in terms of travel?
I’ve tried researching some but it’s way too many cards out there to compare all of them. So thanks and I’d appreciate any experience you share by using the travel rewards (Was it as easy as redeeming your points or did you have to go through layers of customer service reps, etc?)
And travel can be either flying, sailing, or both. Thanks, again!

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How can I pay off a huge sum of credit card debt without ruining my future??

I am a 20-yr old student, halfway through college. When I began college, I recieved all of those "college" credit card offers mailed to my house. I made the mistake of not cutting up the cards and just threw them away and now someone in my family has used the cards to rack up between ,000-,000 of debt in my name. I do not wish to press charges on them since they are in my family, and my creditors have told me that is the only way I can claim "fraud" on the accounts.

Now I have 4 credit cards in my name that are 6 months or more overdue in payments and I only work part-time at a daycare since I am in school. My parents/relatives will not loan me the money, nor can I drop out of school to work full-time. Creditors are calling me day and night and I just do not have the money to pay off this huge debt. What is my best option? Credit counseling? Debt Management? Bancruptcy? I know there is no "ideal" option but what can I do that would cause the least harm to my credit & future?
I can only afford to pay my creditors about 0 a month total. I would like to avoid bancruptcy at all costs because my fiance and I would like to get married and have kids in the next 7 years and even though he has good credit, mine will prevent that if I declare bancruptcy.
The family member who accumulated the debt will be paying me back eventually but this might not happen for awhile.

Also, I have already spoken with my creditors, they cannot come to an affordable agreement with me.

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What credit card offers the best deal with respect to converting money spent on hotels into airline miles?

In August and September I will be staying in hotels for work. I am looking for the best opportunity to convert the money spent towards airline frequent flyer miles. I know some cards, at times, offer as much as 3 miles per dollar spent. Does anyone know of any good, curent offers? Thanks.

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What's the best company that offers "virtual credit cards" to pay for online purchases when you don't have one

I want to make an online purchase but I do not have a credit card. Is there a site that I can deposit money into using paypal to pay for my purchase using a virtual credit card?

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Do you think debit cards are safe?

Is it worthwhile to have a debit card or is it better to just use an ATM card instead? Is there any benefit for the individual to have a debit card? What about the easy access one would have to your account if one stole your debit card compared to losing your credit card? With an ATM card one needs to have the PIN number associated with, so it is useless for someone else to steal if they don’t have a PIN number, it. It appears to me that only the banks benefit from debit cards because of imediate payment and fees collected from merchants. Which card do you think is better to have for your checking account – debit or ATM?
But debit cards have either Visa or Mastercard logo which means one could clean out your checking account by using it as a credit card without needing a PIN number. And will the bank reimburse you for the money stolen or used from your checking account if it does happen. and if they do, how long would it take for them to reimburse you? You could be without your checking account money for a few months before they give it back to you. isn;t this enough reason not to carry a debit card?