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Citi Business Credit Cards

December 5th, 2007 by Shenron

Citi business credit cards can provide your business with the flexibility it needs to make it a success. There are a number of options that Citi business credit cards offer to fit any business spending need and budget. Whether you are a huge business owner or just a small business man trying to make a business from scratch, you can find uses for these cards.

Some of the best Citi business credit cards are the Citi platinum select card. This card comes with low interest rates, rewards, no annual fee and secure, free online account management.  The CitiBusiness/AAdvantage MasterCard one of the best cards for travel accumulates travel rewards, manage business finances and enjoy the advantage of multiple employee cards. No annual fee for the first year, and no blackout dates makes this an excellent card for businesses that are always on the go. If you are someone who needs flexibility for your business from a business card, then this is something that is definitely worth taking advantage of.

If neither of these Citi business credit cards fit your business, there are others to choose from. The CitiBusiness PremierPass card gives travel miles with no expiration and allows for multiple employees to travel at the same time with free unlimited companion travel. The Citi business credit card with thank you network allows you to get rewarded for hard work though rewards for business spending, ten thousand bonus points for your first purchase, and additional cards for employees with spending limits you control. A low interest rate and no annual fee make this a popular choice.

The Citi professional cash card offers cash back, organization, and business tools with an online expense organizer, quarterly and annual account summaries, three percent cash back for select purchases and one percent on all others, a low interest rate and no annual fee makes this card another popular option in the Citi business credit cards family. Customers have been looking for new, exciting options over the past few years that give them an opportunity to cash in on incentives. Because of that, Citi and other credit card providers are looking to suit the needs of their prospective customers.

The Citi professional card offers a no free rewards program, thank you points for every dollar spent on select purchases, no annual fee and a competitive interest rate, another flexible option in credit for business large and small alike.

If you are looking for a low interest, no annual fee card that can help you keep your accounts organized with an exclusive online expense organizer check out the Citi professional card with no rewards, for those business professionals who prefer the straight simplicity of credit.

These are just a few of the Citi business credit cards offered for both large and small businesses. There are cards just for you, cards that offer rewards with a variety of options to suit any need. The choice is yours and Citi can help you make your business a true success. If you have any questions or aren’t sure of the type of card that will work business for your business there are customer service representatives to help you choose the card that will work best for your business.
Managing your business credit is just as important as managing your personal credit, choosing the right card to meet your business needs can help you maintain a good solid standing when it comes to business credit. Citi offers you a variety of credit card options that can fit into your individual business needs and provide you with the credit solutions you are looking for.

Posted in Credit Cards | | 0 Comments

Charge Card

December 5th, 2007 by Shenron

A lot of people think the terms credit card and charge card as one in the same, but there are quite a few differences. Generally, credit cards let you make buys for which you are billed at a later time. Most credit cards allow you to take on a balance from one month to the next; although, you will have interest on that balance. Most of the time, you have to pay at least a minimum part of your balance every time you receive a bill. Charge cards are a special kind of credit card. Your balance on a charge card account is paid in full when the bill is accepted and will not be rolled over from one bill to the next. Because it won’t let you carry a balance, a charge card does not have a periodic or APR, so there is not a rate for a charge card issuer to disclose.

To ensure that consumers get uniform disclosure of rates and other information related to credit and charge card accounts, Congress passed the Fair Credit and Charge Card Disclosure Act in 1988. To enforce the law, the Federal Reserve amended its Truth in Lending regulation. Truth in Lending is set up to help the consumers see the cost and terms of credit. This regulation requires credit and charge card issuers to display their bills so that consumers can shop for the credit terms that work best for them. This brochure tells most of the features of the regulation.  The regulation always required credit card and charge card companies to show consumers things like the interest rate charged for credit, but the information is not always easy for some people to find.

Not all credit and charge card companies must provide all of their billing statements with easy to read headings and a toll free number so that they can be reached for any questions concerning the bill.  This information is designed to make the understanding of the bill easy and painless.

Truth in lending makes sure companies provide this information earlier than they did in the past.  Now, you are able to find out what a credit card will cost you before you are charged any fees.  If a company takes your application over the phone and there is a fee involved in the issuance of the card, the company must let you know then and there.  If there is no fee or there is no fee until the card is actually used, then the issuer is allowed to mail the information to you instead of giving it to you over the phone.  They also must deliver that information to you within a 30 day period, but they cannot give it to you later than the issuance of the card.

When you are applying for a credit or charge card, the card issuer must either tell you directly, in table form with headings, or he has to tell you how you can obtain the following information.  You must be told the APR for purchases made on credit cards only, how the APR is figured if it’s a variable rate, and what the issuer uses to compute your balance for purchases against which the finance charge is applied. You must also be informed how they calculate an average balance, the amount of minimum finance charge, any transaction fee for purchases, whether a certain dollar amount or percentage fee exists, and any fees for cash advances and fees for late payment or exceeding the credit limit. The new legislation also helps consumers understand the amount of the annual fee that you will be charged and when charges made to a charge card are due and payable.

Posted in Credit Cards, Charge Cards | | 0 Comments

Credit Repair

December 5th, 2007 by Shenron

Many people wonder if credit repair companies are actually useful.  Depending on how much debt you are in and how bad your credit is, credit repair companies can be worthwhile.  You need to research these companies in detail before you decide to use their services.  Many times, they are simply internet scams that want you to send them between $75.00 and $300.00 and you will be lucky if you get anything at all.  Some of these credit repair companies will only send you a booklet for whatever you send them.  Luckily though, there are many legitimate companies out there that will actually help you repair your credit in a matter of a couple years for an average debt. It is your challenge to find one of these companies so that you can protect your own interests.
What credit repair companies do is contact everyone you owe money to and help set up a payment plan that will be within your budget.  Many people end up with bad credit because the total of all their minimum monthly payments ends up being too high.  Credit repair companies consolidate all of your payments into one.  If you would have been paying $50.00 each month to 4 different companies, you will now pay $150.00 a month to one company.  This can make budgeting much easier.  Not all companies will help consolidate your debt so you will need to check around.
Credit repair companies essentially challenge every item on your credit record.  This makes the investigators have to sift through all of your accounts whether positive or negative and many times, they will remove some items due to lack of time or actual errors being found.  This is a good option for people who don’t want to dispute each big consumer reporting agency themselves or just don’t have the time due to busy schedules. It can be a difficult task to continually keep up with your personal finances, so having this option available is something that is always worth taking advantage of.
The big question is whether or not credit repair companies are actually useful.  If you ask anyone who has ever paid and been through the entire process, they will tell you “no”.  This is usually because the people who use these companies have 10 years worth of unpaid balances scattered all across the country.  Nothing will really help you once you hit this stage except bankruptcy or very detailed arrangements with your bill collectors.  For the people who have decent credit and just want to consolidate and improve their credit quickly, these companies are a viable option.  Many of them do exactly what they say they will do. In this case, you can take advantage of the opportunity to effective improve your credit score by managing your debt in a more efficient manner.
If you decide to use a credit repair company you need to keep a few things in mind.  How much do they want you to initially pay?  If it’s over $100.00 you might be better off sending that to an outstanding balance you already have.  Many companies are sponsored by state and federal programs so if you qualify, use them.  Make sure you research a company that you might use and check them out through other consumer assistance agencies or even the state Attorney General’s office.  If you are looking to repair your credit, the last thing you want is to have a bad mark after getting scammed and refusing to pay the scammer.

Credit repair is something that must be done quickly and efficiently in every regard. Even the smallest mistakes can have a long lasting impact on your financial situation in the future.

Posted in Credit Repair | | 0 Comments

Discover Card Balance Transfer

December 5th, 2007 by Shenron

Discover is one of the most popular credit card companies, and now their services are even more appealing because they offer balance transfer. This option makes paying bills and keeping track of monthly bill paying so much simpler. Discover is one of the leading companies in the credit card world, and offering balance transfer options gives customers the ability to consolidate all their payments into one. Transferring bills so that they are all paid with one payment will simplify lives of those who are trying to pay off their debts to multiple companies.

Discover card balance transfer makes this possible with their secure and easily accessible service. It can be time consuming when paying bills to many companies every month. A balance transfer with Discover takes that burden away from the card holder and allows customers to pay all their monthly debt with one single and simple payment. This can not only help card holders get a balance paid down quickly, but it can help to keep their payments more consolidated. Improved organization is important in maintaining healthy credit.

Debt consolidation is a popular way to manage payments. Discover balance transfer will allow you to transfer balances from other major credit cards as well as specialty cards, such as gas cards and department store credit cards. If you have a small loan, that can also be transferred and paid with the balance transfer program. These loans usually include vehicle loans, school loans and home improvement loans. This can be something of an insurance policy for card holders who might not be able to pay off their loan payment on time. By avoiding those penalties, you can effectively save hundreds or even thousands of dollars.

Transferring these balances will save in the extra interest you usually pay per month, as it will all be included in one payment from Discover. Discover takes it a step further and allows transfer customers to transfer balances from and household utility account that may have a balance. These tend to include electric bills, heating costs, phone bills and medical bills that are not covered by insurance. Having the option to consolidate all of these payments into one is a great benefit to being a Discover customer. A balance transfer option also opens up other benefits to card holders, as well. Taking advantage of these is essential to good financial success.

Transferring balances can be done online through the Discover site or on the phone by calling Discover customer service. To consolidate bills, you will need the most recent bill of the account you wish to transfer. Multiple transfers may all be done at one time. Once you have transferred your existing balances to Discover, you will be able to access the account at any time through the Account Center at Discover.com. The account center makes it easy to process as many as four transactions at one time. There is no limit as to how many transactions may be made.

The account center will automatically verify that all information is current and correct. Discover balance transfer is a quick and easy solution to debt consolidation. Reducing the number of paper bills you have to pay each month, combined with the time you will save, who could wonder why Discover is not an excellent choice? Balance transfer is the best way to manage multiple bills and active accounts. Rest assured to never miss a payment and incur late fees. All payments are made automatically and one single payment will be made by you to Discover. Balance transfer makes life simpler and makes consolidation a walk in the park.

Posted in Credit Cards | | 0 Comments

Dispute Equifax

December 5th, 2007 by Shenron

If something is ever wrong with your credit report, then you need to exercise the ability to dispute Equifax. Credit is a very important thing.  It can affect your ability to buy a car, a home, or many different items.  Equifax is one of the 3 major consumer reporting agencies that track your credit whether good or bad.  Sometimes, errors can occur on your credit report and you will have to dispute Equifax.  This can be due to a number of things.  A bill you paid might not be reflected, you may have a negative credit account that doesn’t really belong to you, or you might need to add some positive credit accounts that aren’t showing up.
To dispute Equifax, you can use a few different methods.  You can send in all of your information with a simple mailed letter or you could opt to do it all online.  Many people prefer to do it the old fashioned way and send in copies of your Equifax credit report with the errors highlighted.  In addition to the credit report, all bills and documents relating to the error should be copied and sent in with a letter explaining the error and the situation surrounding it. This is a reliable way to go about correcting errors if you are organized enough to keep up with these things. Otherwise, another option might work best for you. If your name is John Smith and you have a negative account in a state you have never lived in, you would provide proof that you haven’t lived in that state.  This will help the investigators close the case very quickly.  If you choose to dispute Equifax online, the Equifax website will walk you through everything you need to do and explain everything very clearly. You should expect a 30-45 day wait as everything is investigated but the time varies depending on the complexity of your dispute.
One of the most common disputes with Equifax is when an account shows up as unpaid even though you have paid it.  This can be frustrating so you should take the time to file all of your bills in an orderly fashion. You can attach payment stubs, checks, or money order receipts along with the bills. No credit is just as bad as bad credit in many cases so you can also submit your positive credit accounts that Equifax may have missed.  Basically anything that is on your credit report and shouldn’t be is a serious cause for concern. On the flip side of that, anything that isn’t on your credit report and should be is another major cause for dispute.
Even if you resolve your dispute with Equifax, you may have to do the same thing for the other 2 major consumer reporting agencies.  Sometimes Equifax will report it for you but to be safe, you might as well do it yourself.  You will get a copy of the findings from Equifax along with the results.  If these results improve your credit or remove a negative account, you should send them to all the other agencies immediately. These will help to expedite the process and get the ball rolling on fixing your situation.
It can be a stressful process when you dispute Equifax or any other company so you should be prepared for what is ahead of you.  If you take your time and don’t get frustrated, you can easily accomplish whatever you have set out to do.  The investigators at Equifax are there to find out the truth and will almost always work with you and keep you updated.

Posted in Credit Report | | 0 Comments

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