CreditCardsCo Blog

Getting Ready For a Crisis

As the saying goes, ‘failure to plan’ is ‘planning to fail’, a financial crisis deserves every bit of planning on your part. Gaining ammunition on what to expect during a financial crisis goes a long way in getting you ready for tougher times ahead and ensuring you don’t make the silly mistakes a lot of us subscribe to during these periods.


Author: Scott Townsend | Categories: Banking, Financial Planning

Understanding How Bailouts Work

What is a bailout? Since the beginning of the sub-prime mortgage crisis, a lot of financial terms have been thrown around by financial experts, Media, and Uncle Sam but nobody has taken the time out to explain what all these terms mean to Joe who isn’t very good with dictionaries. Outside of a class to gain financial knowledge, this article provides most of what every Joe needs to understand what a bailout is all about.


Author: CreditCardsCo | Categories: Banking, Financial News

Finding the Grace Period

All credit card companies do not follow the same type of grace period. However, a lot of credit cards will charge you interest right after a purchase is made (if there’s an outstanding bill). The best way to check how the grace period on your credit card works, and indeed if it has one is to check the reverse side of billing statements and the card agreement or terms and conditions.


Author: Carolyn Spiel | Categories: Choosing Cards, Credit Card Basics, Credit Card Tips

Ridding Yourself of Worthless Credit Cards

Credit cards can be awesome. They save time, they are easier to carry than money and they are a form of identification, and many come with cool holograms. Therefore, most of us have one or more for our very own. However, things happen… cards stop functioning, cards are cancelled, cards pass their expiration date… as I said, things happen.


Author: Brent Thomas | Categories: Credit Card Basics, Credit Card Tips, ID Protection

Ways to Take Advantage of a Financial Downturn

A financial downturn is usually marked by job-cuts, tightened access to credit, and other events that often lead to financial insecurity. This article gives you a few tips that could help you stay within your means, and prevent the mistakes that a lot of us make during financial downturns.


Author: Scott Townsend | Categories: Financial Planning

Prepaid Business Credit Card

Finally our visitors that are Business owners can access and acquire Prepaid Business Credit Card. The PEX Visa® Prepaid Credit Card for Business is a 100% guaranteed approval business card that has 2 months trial period and charges lower fees for those who order higher amount of cards or spend more than $50,000 every months on PEX business cards.


Author: Carolyn Spiel | Categories: Choosing Cards, Prepaid

Protection from Identity Theft

Protection from identity theft may come in several shapes and sizes. As you are probably aware, there are a large number of identity theft protection services available to help consumers keep their identities safe.


Author: Roberta Sanchez | Categories: ID Protection

Obama Hosting Credit Card CEOs, Pledges New Rules

WASHINGTON – President Barack Obama is pushing to rein in costs for millions of Americans who use credit cards, an appeal to consumers as many struggle to pay their bills.


Author: Carolyn Spiel | Categories: Banking, Credit Card Basics

Laws to Prevent and Counter the Financial Crisis

Since the beginning of the crisis in late 2008, the U.S Government and Congress have passed a number of bills into law. These bills have been designed to inject liquidity into the financial markets, increase availability of credit, and encourage consumer spending. A number of regulations have also been introduced to curb practices in the sub-prime mortgage industry.


Author: Scott Townsend | Categories: Banking, Financial Planning

Vicious Cycle that led to the Financial Crisis

Experts have citied a lot of reasons for the financial crisis. Due to increased demand for housing, and government policies encouraging subprime mortgaging, banks lowered minimum requirements and credit ratings of potential borrowers became less important.


Author: Scott Townsend | Categories: Banking, Business

How the Financial Crisis Began?

According to the Federal Reserve and various other independent financial experts, the financial crisis of 2008 was largely an extension of the sub-prime mortgage crisis resulting from a burst in housing prices, and the inability of mortgage borrowers to fulfill their payment obligations and refinance current mortgage. This led to a situation where banks didn’t have enough money for lending and normal business purposes.


Author: CreditCardsCo | Categories: Banking, Financial News

Recession & Depression. How it affect my finances?

While there’s no widely acceptable definition of a recession, virtually all economics agree that a recession is a period of declining economic activity. Businesses experience little growth causing the employment rate to fall, price of housing drops, and the Gross Domestic Product (GDP) falls by 10% or more within a 12 month period.


Author: Scott Townsend | Categories: Financial Planning




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