Low Interest Credit Cards

Part of the reason why so many adults get overwhelmed by credit card debt is because they never learned how to use them responsibly when they were younger. Now, there’s a credit card which helps young people learn how to build strong credit card habits.

The PAYjr Visa Buxx Card is basically a prepaid card which allows money to be loaded onto the card for spending purposes. But this card is structured so that teens can actually “earn” that money.

The card’s account is set up so that money can be transferred from a parent’s bank account to the PAYjr card whenever certain goals are met (like completing chores, getting good grades, etc.). Cardholders and their parents can go online to see schedules or calendars which are designed to help them monitor the teens’ progress. And both parents and kids can receive text or email alerts when the card is used, making it easier to track balances and account activity. Ideally, th

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Money lenders have a good, a very good; reason to keep an eye on their borrower’s food deliveries and online shopping. This is to make sure that their borrowers are indeed as credit worthy as they claim they are.

Ever since the economic downturn, scams have appeared in almost every level of the economy and it even affected the real estate market. And these scams not only occur on the side of markets and businesses, but also on part of the consumers themselves. So in order to avoid getting into scams by their borrower, lenders are keeping a more watchful eye on their borrower’s addresses and spending habits to make sure that they are indeed truthful and creditworthy to be trusted in financial matters.

Lenders are now able to monitor their borrower’s food and online purchases to not only see if the latter are indeed truthful about their identities but also if they are a good financial risk. The r

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Big ups to Jeff over at the Sustainable Life Blog for including my post, “Brother, can you spare a swipe? Contactless card reading guitar unveiled,” in this week’s Carnival of Personal Finance.

My post, which details a wireless, touchless credit card accepting guitar by Barclays, is nuzzled into the ever-popular theme of Labor Day. Because what says Labor Day more than a raggedy bum asking for change and strumming “Like A Rolling Stone” in the corner of a busy intersection? Well … maybe that’s not the best example.

The holiday, according to the carnival, is “dedicated to the social and economic achievements of American workers.” So congratulate yourself, kick up your feet and head on over to the carnival for a short history of Labor Day and loads of great personal finance articles. Mine, he termed “dangerous, but kind of cool.” At least I think he was talking about the item, not me.

More and more people nowadays rely on credit cards to make purchases and transactions in their daily lives. From gas station refills to buying food at the grocery, paying city services, rent and electrical bills to an impulsive purchase at a discount sale, ordering curios from ebay to purchasing reward points for mafia wars or Farmville cash on facebook, credit cards have proven to be an essential to surviving in a fast-paced world. People also crave the satisfaction that comes with the numerous perks of using a credit card. That one-up smirk on their faces when they breeze through a card-only queue at the supermart, passing by the long, loaded cash queue. That sense of security knowing potential muggers can’t getr anything out of you.

Free tickets to a wonderful concert, courtesy of your well-earned reward point. These are but a few of the benefits one gets with the use of a credit card. And it even gets better. I

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Identity theft and credit hacking related crimes have grown more active these past few months, and you may never know if you are a victim of such acts. It is best that you check your credit report more carefully whenever you make the regular annual check-up to make sure that your credit information is safe.

Any credit-using American citizens are entitled to view their credit reports for free every twelve months from each of the three credit reporting agencies Equifax, Experian, and TransUnion. The law allows credit users to request one of these credit bureaus to review their credit reports by accessing AnnualCreditReport.com, calling (877) 322-8228, or completing the form that is found on the Annual Credit Report Request brochure. Viewing the credit report maybe free, but credit users may also have to pay to view their credit score.

Unfortunately, some credit users often disregard or take for granted their reviewing of their credit reports.

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