From the category archives:

credit cards

New Credit Card Rules For U.S. Consumers in Credit Card Lending Overhaul of (CARD) Act

August 20, 2009 · 3 comments

in consumers, credit cards, debt, financial planning, regulation

Starting August 20, 2009, the U.S. credit card industry sees the most credit lending reform in two decades that is meant to give more power and protection to the U.S. consumer.  The changes appear as part of a new law for credit card reform signed back in May 2009 by President Obama as part of [...]

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Getting Motivated About Tackling Credit Card Debt

August 9, 2009 · 10 comments

in budgets, credit cards, debt, discipline, finances, paycheck, portfolio, spending

To truly become free – and stay free – from consumer debt, it takes a strong shift in mindset, akin to the force of a tsunami (as my blogging colleague Baker from ManVsDebt has creatively put it).
What’s the point of paying off all those credit cards if you’re just going to end up racking them [...]

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How To Get Ready For Double-Digit Inflation

July 13, 2009 · 12 comments

in credit cards, debt, economy, financial planning, hyperinflation, inflation, savings, wealth protection

Some people may tune out any talk of inflation, chalking its presence in the media up to fear-mongering (a handy scapegoat!) or laughable economic miscomprehension.  “Why worry about inflation, when deflation is clearly the threat?,” so many commentators cried a few months ago.  But if all one cares about is the short-term, then one won’t [...]

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Are Credit Card Cash Advances Ever a Good Idea?

April 1, 2009 · 11 comments

in credit cards

Personally, I always forget or misplace my credit cards’ PIN numbers anyway, so I think I’ve only done one cash advance in my life from an actual ATM terminal.  I have, however, done a few through online banking by simply transferring money over from my VISA into my checking account.  My conclusion is: don’t – [...]

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The Only Things You Should Use Your Credit Card For

March 23, 2009 · 11 comments

in credit cards, debt, emergency fund, spending

It’s a bit difficult to talk about credit cards in general terms, since there are SO MANY different kinds on offer, especially in the U.S. (in other countries like Canada, it’s a lot more simple and straightforward).
But a major question that many people may have is just how to use their credit card and what [...]

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My Keys To Financial Success

February 14, 2009 · 4 comments

in books, credit cards, dividends, investing (general)

Who knows, they could be yours too!  Everyone’s situation is different and no one’s is simple.  Unless you inherited lots of money or grew up with rich parents who funded your first car, degree, and house, then probably you’ve also had to go majorly into debt just to try to get ahead.
There isn’t going to [...]

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Can Foreigners Get a U.S. Credit Card?

January 15, 2009 · 2 comments

in credit, credit cards

OK, it might seem a strange question, but what I’m actually asking is just whether non-U.S. citizens who are legally living within the U.S. (such as those on student and work visas) can apply for a U.S. credit card.  Having a U.S. credit card becomes handy for such things as buying from certain online vendors.
You [...]

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