Posted by Mitchell Wickham | Posted on 25-10-2011
According to Synovate, credit card issuers are beginning to increase their solicitations after hitting their lowest volume in 2009 the lowest in 17 years. The proportion of households receiving the mailings has decreased and the credit qualifications have changed drastically, only those with good to excellent credit are receiving the offers. In 2011, 59% of households are receiving at least one credit card solicitation mailing a month, which is below the 10-year high of 75% and decade average of 65%.
The statistics indicate that credit card debt has gone down and consumers are charging less and paying down debt. Yet Citigroup is trying to obtain more customers and encouraging usage of their card. Citigroup has now surpassed Chase in the number of mailings.
This may be Citigroup’s attempt to appeal to the debit cardholders that have recently been charged fees for using their cards. This resulted from the Durbin Amendment to the Dodd-Frank Act effective Oct. 1, wh
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Posted by Sofia Ballow | Posted on 17-10-2011
Rewards credit cards now in retailers sights by Peter Andrew 
If youve been following the credit card news blog here on IndexCreditCards.com, youll know all about interchange fees, which are also known as swipe fees. Theyre the cut of the transaction value that retailers and other merchants have to pay every time your plastic gets swiped through a reader.
Since October 1, that cut has been capped for debit card use, a move thats likely to cost banks upward of $6 billion a year. Merchants say they are going to pass on that savings to consumers in the form of lower prices and/or better service, although its too soon (if it ever proves possible) to measure how many are doing that, and how many are simply adding the cash straight to their bottom lines.
Credit card swipe fees to fall?
Fresh from their victory in persuading Congress to cap debit card swipe fees, some retailer trade bodies now have credit card interchange fees in their sights.
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Posted by Mitchell Wickham | Posted on 16-10-2011
Unsecured Loans Very Bad Credit – Borrow Money Without Credit Fears
A very bad credit tag simply means that you as a borrower are a huge risk for a lender and risks only are enhanced if you want to take a loan without providing any security to the lender. However, the solution is in applying for unsecured loans that are meant especially for very bad credit people. Tenants or non-homeowners and homeowners having very bad credit are all eligible for .
Very bad credit people are those who have a history of making late payments or they defaulted on payments and such borrowers might have arrears and cases of CCJs. As a consequence, such borrowers’ credit score has slumped to new lows. To reduce risks, lender first of all sees the borrower’s repaying ability through income, employment and bank statement documents. These days, lenders are ready to provide unsecured loans despite very bad credit if you are capable of regularly repaying the loan installments in time.
Unsecured loans for very bad credit mean that the lender will charge higher interest rate. So if
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Posted by Caitlin Tepper | Posted on 14-10-2011
Secured debts are extremely poles apart from unsecured debts; however a lot of people are bearing the burden of both types of money owing: a mortgage, for instance, other than one or two credit cards, a personal loan and a shop card as well. Under the circumstances where your expenses arrive at a position in which you can’t credibly take control over everything you pay each month, then you might need to take a debt solution into account like a debt management plan perhaps.
Work with a debt management company
The purpose of debt management is to help an individual manage their unsecured debts through putting their monthly unsecured debt payments down to a degree they can meet the expense of. However it is not to assure coping with their secured debts would be easier then. T
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Posted by Mitchell Wickham | Posted on 12-10-2011
The Credit Repair Doctor™ is the credit repair course I have been working on for 14 months.
And I am proud to announce
The credit repair system is finally ready!! (
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Posted by admin | Posted on 12-10-2011
Ignorance is bliss as some people say but it ceases to be bliss as far as retirement plans are concerned. Future is uncertain especially at an age when physical health takes a downhill, when you can no longer rely on your stamina to be able to feed yourselves. Roth IRA is the piece of puzzle which fits into the grand scheme of post-retirement phase and more information on this puzzle can be sought at roth-ira.org.
One of the most sought-after choices for retirement plan is Roth IRA (individual retirement account). Roth IRA is a sort of hybrid retirement plan. Read more…
