3 Credit Card Services you Need to Know About
If you carry a credit card but know nothing about the various credit card services available, you don’t know what you’re missing. Ask yourself these questions… How will your credit card balance be paid if something happened to you? Who do you turn to if your credit cards are lost or stolen? What do you do if you get in over your head with debt? Credit card services have the answers. Here are a few you should get acquainted with.
Credit Card Services That Offer Insurance
Insurance can be a beautiful thing. That’s why many credit card services offer various forms of it. Whether you become disabled, unemployed or (heaven forbid) deceased, there are insurance products that will take care of things for you.
While many credit card companies offer insurance directly, you might be able to save money by looking to the credit card services that offer it independently. Just make sure you understand the exact terms of the insurance policy being offered. If you become disabled, exactly how long will the insurance make payments for and how much will they pay? Are there exclusions to a death benefit? Does it have to be an accident or are illness and natural death covered as well?
Check with at least two credit card services to see what types of insurance are available to you and compare costs. Then you can be sure you’re getting the best coverage at the best price.
Stolen Credit Card Services
Having your credit card stolen is a nightmare to begin with. The headaches only multiply when multiple cards are involved. Fortunately there are some credit card services that can help with this already-bad situation.
Stolen credit card services maintain the contact info and account details for all of your credit cards. Then, if your cards are lost or stolen, you just call the service and they take all of the steps required to notify your credit card issuers. Your old cards will be canceled and new ones issued. These credit card services make a hard situation a little bit easier to deal with.
Debt-Related Credit Card Services
One of the pitfalls of carrying credit cards is some consumer’s tendency to accumulate too much debt. That’s where debt-related credit card services can be very beneficial. These services can counsel you on how to properly manage your credit cards and can even help you navigate your way out of debt.
If you carry credit cards and have never looked into these credit card services, now is the time to do it. As a wise man once said — it’s better late than never. You just never know when these credit card services will come in handy.
Watch the video related to credit card services
Don’t be afraid to talk to these sleaze-ball banks. You have the money, they want the money so demand reasonable, responsible and professional business practices from them. Don’t let them charge you abusive overdraft fees, cash advance fees, interest rates etc… I stopped paying a BofA credit card when they cut my limit and then cancelled them on me and then accepted some $168 billion in taxpayer money from the federal government. Their credit card services finally called me to try and extort the money out of me, so I talked to them getting late fees and finance charges dismissed as well as getting my APR down from 12% to 3.5%. First I tell the girl exactly what I think of BofA and then I tell her manager that it’s a sleasy organization and he laughs. A bit long but worth it, and funny too.
Help answer the question about credit card services
How do you pay for home services? Credit card or cash?I am opening a Gutter Business to install gutters on peoples homes. I was wondering, if you pay for someone to work at your house, to provide some service, how would you like to pay? Cash or Credit card? I am just wondering if I should get a Merchant account for my business. Thanks
July 28th, 2010 at 3:05 am
My advice would be to NOT close any of your credit card accounts, it shows up on your credit report and is looked down on, keeping a credit card for years and years looks better on a credit report than a bunch of closed accounts. The reality of your situation is that the majority of people have "bumps in the road" and that's okay. You can build up your beacon points (Credit score) easily as long as you pay your bills on time every time. You should have no problem using your credit card once it's paid off, even just as long as your aren't going over your maximum amount. It is actually better to make very reasonable payments on your credit cards verses paying it off all at once believe it or not. It verifies you are responsible enough to pay on time, every time verses if you don't spend it, how will they really know. EVERYTHING YOU DO GOES ON YOUR CREDIT REPORT!!!
There are a series of numbers that run on your credit report following your credit card information, house payments, car payments, etc..
1's mean very good and paid on time, 1 being the best and 5 being one of the worst.
Keep your head up, whatever you do, please do not get behind on your payments on your credit account, you'll regret it when the phone calls won't stop when you owe them money.
P.S.- Every time someone does an inquiry to view your credit report it hurts your credit so only apply for things your really need, like I said EVERYTHING that has to do with YOU, will show up.
Good luck.
July 28th, 2010 at 3:19 am
Quickest way is to show 6 months of good credit history ie: payments on time and in full each time. After 6 months just ask them and they'll increase it.
July 28th, 2010 at 2:12 am
My credit score is under my mattress.
Bla bla bla
Credit score is for banks to suck your money.
The lower the credit score the more money they take from you because they can charge a higher rate
This whole thing is another banking scheme
Anthony
July 28th, 2010 at 2:36 am
When I used Credit Repair Magic, I saw results within just a few days. The main thing that I was able to do with this program was to dispute negative entries on my credit report, which drove my score up as these were deleted. Since most companies cant verify the information on the credit reports, I was able to make my credit score rise dramatically with just a few clicks of the mouse. Click on my channel highlighted in blue- mycreditrepairmagic for more info on how you can repair your credit.
July 28th, 2010 at 1:56 pm
No. What you need to do is to start to learn how to set boundaries with people in the very beginning. Sometime in your life you didn't learn how to properly set boundaries. I was the exact same way and for years and years I was an awful lot of what I felt as people's "doormats". I actually ended up in therapy because it started to really bother me. I started to little by little say "no" which was very hard for me to do. No to the soda from my fridge, or a ride to work or a simple thing. Then I stopped doing all the favors I did for others who NEVER did anything in return for me and never even cared about me. It was hard because I really thought that these people cared about me. It took baby steps into big steps and now I don't let people trample on me anymore. I set boundaries and I keep them.
You don't have to go to therapy to do it. Start small by saying no to the beer and cigs and no to the coffee in the morning and when you do a job for someone set a job and expect to get paid that amount. Learn to stick to it and you will feel better about yourself and the situation. Your anger will go away, you will become happier and your life will get better in general. It does not happen overnight but it can happen if you really want it to. Good luck!!
Peace & Love
July 28th, 2010 at 1:57 pm
i'm sooooooooooooooo using these one day.
July 28th, 2010 at 7:42 am
Thanks for the advice. Are there any advocacy groups addressing the scam that is credit reporting? If so please let me know as I would like to investigate supporting such a worthy cause.
July 28th, 2010 at 3:12 pm
I would like to get some of the name of the sub prime cards…Wil you share this info??
.this is great info thanks!!
giterdoneDave
July 28th, 2010 at 7:11 pm
Just click the link to the right of the video.
July 29th, 2010 at 3:41 am
July 30th, 2010 at 12:39 am
My credit score is under my mattress.
Bla bla bla
Anthony
July 30th, 2010 at 2:30 am
For a free report on the latest cards are clients are using just visit the website listed by the subscribe button. Click MORE INFO link.
July 30th, 2010 at 10:59 am
There are a lot of factors at work here. First of all, yes, a lot of people get a credit card or mortgage without really understanding what it is. And yes, they should learn about something before they do it, but no one is requiring them to. The credit card company doesn't make you take a test about responsible use before they give you one – they just ask for your address and social security number. Mortgages are a little more complex, but again, the bank is only interested in selling you the product, not whether it's a good idea for you to get it. (Although they're a bit more cautious now than a few years ago.)
Secondly, when we're talking about credit cards, there are a lot of psychological factors at work. There have been a lot of studies that show that for some people, credit cards cause them to spend more, because there's a psychological disconnect between swiping the credit card and the money spent. And of course, the card is designed to help you spend more than you have, since there's a "minimum payment" that makes you think "I can have all this stuff for only $50 per month!"
But beyond that, there is a sense of entitlement. Because people have the ability to buy something, they believe that they not only should, but that they deserve to. Even though the real truth is that you don't "deserve" anything unless you have a cash to buy it.
I had credit card debt for a few years, and it was a snowball effect. I was in college, and didn't have enough money to pay for my supplies. So I put it on my credit card because I thought, "Nothing's more important than my education, right? I'll pay it off over the summer!" But once I was carrying a balance, I started justifying buying pizza and movie tickets with my credit card too. And then a digital camera. And other little stuff. Oh, and plane tickets because I had to see my boyfriend. It sounds really silly now, but at the time, it all made perfect sense. I mean, as long as I can make the minimum payment, I was okay, right? Wrong.
Things are much better now that I've paid off my credit card and learned my lesson. But I really understand how things can snowball out of control, as well.
July 30th, 2010 at 5:57 pm
oh! poor marketing fellow….. you should be the one he should NEVER know
July 30th, 2010 at 7:16 pm
Your problem shouldn’t be with your customers but your employer. Why are we customers the bad guys for not tipping when the service we use is usually ridiculously overpriced as it is?
You took that job and that way you agreed to the money you will get. I am an administrator who serves people but in a completely different way and I never get any tips. Is it fair? The problem is with you people that you expect tipping and take it for granted.
How many years have you learned for this fantastic job? See, the money you get for it is exactly as much as you deserve for the qualification required for such a job. People don’t complain in McDonads for not getting any tips.
Strike? Don’t be ridiculous. You need the job and you wouldn’t risk a strike in the present economical situation, because another people would take your place in a second. The fact is that you need us.
In my country those people complain and strike the most who have the lowest education. They want the same money as everyone else, but did they learn hard for years to deserve it? Hm?
No they didn’t. Why sholud they get the same money? Out of the kindness of people’s heart? If this would work nobody would have to go to university, just pass elementary and that’s it! Gimme gimme gimme!
If you are not satisfied with the money, go learn something that actually pays. Until then, accept that some will tip, some won’t.
But if a lot of people don’t tip you maybe you should check your attitude, because a phlegm, flat, smileless waitress rarely gets (good) tips. I hate when they make me feel obligated to tip and when I don’t, they won’t say hello. If I did that in my job, my boss would fire my sorry a s s and with good reason.
So stop complaining and be happy that you even have a job, because you can lose it any time and then you won’t be thinking about how many tips you didn’t get, but how to get another job like this that requires minimal training and hundreds of people are waiting in line to get it.
BTW the last time I gave a big tip(about 2 weeks ago) I was trimmed, there were two extra drinks on the bill we didn’t order. Maybe the waiters wanted to make sure that we will tip? That is a chance that they did this on purpose, there is the chance that someone just miscalculated. Why would I care?
You do exactly the same, you categorize all non-tippers to be @holes. What if that customer saved all that money to take his family out for a nice diner once in a year and there you are, complaining and ruining their day because you think everyone who visit that establishment is made of money.
You should be ashamed of yourself.
July 30th, 2010 at 10:04 pm
Like you, I have over 20 years of work experience; like you, I have an MBA; like you, I earned about $120-$140K in my best years. Like you, I was laid off ( in 2002 ). Like you, my wife did not work.
Unlike you, I had only 3 months of severance. Unlike you, I had one kid in University & one in HS, so my expenses were higher.
I was out of work for 2 1/2 years. In that time, we had to live on savings and an emergency fund ( that was a very prudent thing to do , in hindsight ). I am now working for a little more than 1/2 of what I used to earn.
We continue to live as simply as we can, no cable, no premium cell phone plans, one car ( going onto 10 years old ). If we want to watch movies, I go to the vending machine at the CVS store. No newspapers, no magazines.
Absolutely no eating out at expensive restaurants, and no vacations with overnight stay. Only day trips. I pack a sandwich and water for lunch most days.
Why do all this? Well, the fact is that I can lose my job any time, this is a time of bad economy and poor business, I expect more layoffs in every industry. I am older, and less likely to land a job this time around.
So, we prepare for a future as a worst case scenario.
But, the funny thing is that we are enjoying ourselves even without the luxuries. We talk to each other a lot more. We find interesting things to do with bits of cloth, glue, shells, and wood scraps. We are more aware of the beauty of our local town as we now take long walks, and see new things daily. We are healthier as we now walk and ride our bikes instead of driving to town for a night out.
July 30th, 2010 at 7:12 pm
anybody recommend any good sub-prime cards that are goood to use obviously through experience? Thanks in advance…
July 31st, 2010 at 12:57 pm
I would like to get some of the name of the sub prime cards….this is great info thanks!!