Anonymous Prepaid Credit Cards Allow To Keep Your Privacy

Before, when people need to get additional cash, they turn to credit cards. Theses credit cards allow them to spend money and pay it a later date. It was convenient at first, however, during the succeeding transactions, many of these people failed to pay their debts. Everyone who has a credit card is given his own credit limit based on the plan he has and based on his ability to pay. Some of them get promoted from being an ordinary credit card holder to being one of the bank’s most treasured clients thus being given the gold plan. Many of these privileged people now have cards that they can use even abroad. Nevertheless, there are still many of those people who overspend and yet failed to pay on time. This causes them problems like being run after by the bank. They get embarrassed when credit card agents start calling their homes, begging them to pay. Some banks even call the offices while some send letters from the legal department. To avoid this, the banks have now welcomed a new technology, which are the prepaid credit cards.

Continue reading

Credit Card Debt Facts – 5 Ways the CARD Act Could Change the Way You Handle Credit

The following credit card debt facts regarding the Credit Card Accountability Responsibility and Disclosure Act (the CARD Act) that’ll go into full effect next February 22nd show how your relationship with your credit card will probably change, and not necessarily for the best. Financial experts aren’t still sure about all the repercussions the new law will have on the lives of millions of American consumers, but some overall results are expected.

Continue reading

Green Credit Cards – Towards Greener Life Style

The plastic cards have changed the way we buy things. The main advantage of having a credit card is convenience, a shopper no longer needs to carry wallet full of cash. It is a safe and easy to use financial tool accepted by millions of shops worldwide. Amidst fraud and other drawbacks such as high interest rates, credit card system stands as the most popular and reliable monetary system that is existing today. Almost all banks and leading financial institutions in the world issue credit cards for their customers. Some times they join hands with private firms to issue co-branded business cards to promote sales and revenue for example Sears credit cards, Shell cards and Wal mart credit cards.

Continue reading