Low Interest Credit Cards

If you’ve ever defaulted on a loan or credit card, you have likely had creditors knocking on your door. If you fail to pay what you owe, many creditors hire private debt collection agencies to chase after you and try to recoup some of that cash, even if it’s just pennies on the dollar. But what happens if you fail to pay your city’s water or trash bill?

The practice of hiring debt collectors was primarily reserved for private companies, but things have changed in this shaky economic climate. Several city governments are now relying on private debt collectors to gather up funds from residents for unpaid utility bills, according to CNN Money. Read more…

The last reasoning on one’s mind for not being appointed for a job would be one’s credit report. Apparently it is a fact that many companies irrespective of the relevance check the credit rating and a detailed report of a new recruit before hiring them. If the report is not fit and has a few negative facts, the employer can use this as an excuse to not hire the individual.

Many have questioned the need for this report being looked into and wondered how relevant it may be to one’s job profile; however the process remains and it is only wise for individuals to ensure a good standing to help pursue that upward career path.

A survey conducted in the recent past by the (SHRM) Society for Human Resource Management shows companies don’t just review the scores but the entire credit report. It is a

Read more…

Chase and Marriott have now introduced an excellent offer of 50,000 bonus points upon first purchase with the Marriott Rewards Premier credit card for new cardholders. Its ongoing features include a free night certificate and other benefits that will earn you status faster. There is an annual fee of $65.

Link

I just read Fortune magazine’s article on famed financial forecaster Meredith Whitney’s predictions on the future of credit, of which she says there will be little to go ’round.

In case you aren’t familiar with Whitney, Fortune writer Scott Cendrowski encapsulates her success as such: “Whitney’s warning shot in 2007 made her one of Wall Street’s first analysts to see that bad lending and rating standards across America had artificially raised the U.S. Read more…

“Free credit reports” many credit bureaus through ads and promotions promise to provide and have the customer pay for something that is free. As the banners claim the report to be free, in reality not so.

Consumers pay for this report as they use the promotional ads they see. Some consumers are also misled into paying for various services or products in exchange for their credit report.

As per the Federal US laws it is mandatory for this credit report to be free and easily available to every individual. Abi

Read more…