Have you ever stood at the cash register and tried to make a purchase, only to have the clerk hand you your card back and explain apologetically that the transaction was declined? It happens. Despite the embarrassment and inconvenience, the rejection is really meant to protect your account, and to protect the card issuer from
The Suze Orman prepaid debit card was discontinued last week, effective July 1, 2014. Consumers that fell for the sales’ pitch and bought one of the cards are likely now in need of replacement plastic. This is a great time for you to consider re-joining the mainstream world of credit cards and begin enjoying the
When it comes to saving money, you have to be shrewd. In addition to clipping coupons, refinancing your home loan, and holding off on buying a new car, why not make your purchases work for you by scoring cash back whenever you shop? Most credit cards have cash back programs in place, but it’s easy
By now it should go without saying that being in credit card debt is like plugging a siphon into your bank account. In fact, credit card debt is likely the most expensive debt you’ll ever carry with an industry average 15 percent interest rate. So, what is the best way to get out of credit card debt? Credit Sesame’s credit expert, John Ulzheimer outlines your options.
The Approved Card from Suze Orman, a prepaid debit card, will no longer work as of July 1, 2014. There was no announcement or press release. The information showed up in letters to account holders in June. Nor was any reason given for the shutdown. It may have been that the business was simply losing
What is a Schumer box? A Schumer box is a table that discloses pertinent information about a credit card, including interest rates, fees, terms and conditions. It is named for Charles Schumer, the lawmaker responsible for legislation that requires all credit card terms to be presented in a standardized, easy-to-read format. The legislation was enacted
The allure of credit cards is that they allow us to buy things we can’t afford right now and pay for them later. We can charge what we want and pay off the balance at our leisure. But unless you take advantage of a temporary offer, you’ll pay a price for the privilege of using
Credit card debt in America is no secret. Half of American households carry a balance from month to month. That’s tens of millions of people who for whatever reason don’t follow the basic, practical advice to only charge what they can afford to pay off at the end of the month. Some folks say credit
Shopping online at home in your PJs is quick and easy, but that convenience makes it all too easy to waste money on things you won’t really need or spend more than you would in a store. Here’s a look at online shopping mistakes that could be costing you money. 1. Getting sucked in by
You’ve done your homework and you know that paying off your credit cards in full each month is the smart move. But why, then, do your credit reports show a balance each month if you pay the balances in full?