maltasse asked:


I attempted to settle my own credit card debt, but all credit cards refuse to settle. They would rather wait until I’m 90 days late, charge it off or sell it to an agency and have me settle with them.
Any clues on how I can buy my own debt at 12 cents on the dollar like the credit collection agencies do?

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cardiochick asked:


Between my husband and I we have like 6 credit cards. I want to know if there is a way to pay some of those off without consolidating. It is just the really sucky ones with the high interest rates. They are probably a total of $6000, but if I could just pay off a few this would help. I don’t think I could get another credit card and transfer the balances. Is it possible to get a small loan for this?

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Steven Walters asked:


It can be incredibly difficult to teach teens how to use credit. No parent wants to see their child in financial problems, but you want them to be able to use credit in a responsible fashion. How do you do this in a safe and affective way? We all know how easily you can fall into the buy it now and pay later trap. I know I’ve learned this lesson the hard way thorough personal experience and would do whatever I need to teach my children so they can avoid this.

A good option for teaching teens about responsible credit use ids through prepaid reloadable Mastercards. If you haven’t heard of these read on.

By using a prepaid reloadable debit card from Mastercard you can easily and effectively teach your teens how to use credit responsibly. They acquire the skills of budgeting and financial independence without the pitfalls of traditional credit cards. Once they have mastered the basics here they can start with their own credit cards and hopefully build a good credit history from the beginning.

These types of cards are especially good if your teen is about to leave for college and you’re looking for an easy way to make cash available to them within a monthly budget. Simply get them a reloadable Mastercard and transfer their budget for the month to it at the beginning of each month. Make sure that they know this is all they get and that they need to make it last. Of course, the cards also make it easy to get them cash in case of an emergency.

There are several important benefits that come with a reloadable Mastercard:

- Everyone can qualify so there is no need to worry about being declined. And there are no credit checks involved.

- Since the card is prepaid there is no need to worry about overspending or racking up large debts. This also avoids the high interest rates charged by the credit card companies, especially for new borrowers.

- Your money is safe if the card is stolen. Just report it to the card company and they can not only turn off the existing card, but also issue a replacement.

Of course there are also some disadvantages that come with reloadable prepaid Mastercards:

- The cards will charge you an application fee as well as a monthly fee for accessing the cash. Typically this can still be cheaper than what you would pay in interest on a traditional card though if you carry a balance.

- While ATM withdrawals are allowed you are still charged a fee for each withdrawal. This eats into your available cash, but the fees vary with each company so shop around for the best fee structures.

A quick search will how you that there are many companies now offering prepaid reloadable cards. You’ll get the best deal by doing some research to find out which ones have the best features and lowest costs for you. Make sure that the card you choose also allows for ATM withdrawals.

You can safely teach your children how to budget their money and get them started on the road to credit independence by using these reloadable Mastercards. I wish they would have been around when I was younger and I could have avoided the hard personal lesson. Give yourself the peace of mind knowing your child can manage their finances and that they are covered in case of emergency while away at college.



Cecil

Richard Gilliland asked:


JPMorgan Chase and Co. is favored across many countries for its commendable banking and financial services for personal as well as business purposes. Essentially the credit cards from Chase are admired most as they meet the various needs that are expected from a credit card.

The Universal Entertainment MasterCard is such a card issued by Chase, which is ideal for you, if you are one who is enthused by music, movies and other such forms of entertainment.

If you are a creditworthy cardholder of Universal Entertainment MasterCard, you can take advantage of the unique rewards program. The program not only provides you major discounts on Universal products and merchandise, it also permits you to attend exclusive events and movie shows.

With the Universal Entertainment card in your pocket, you will also have huge chances of winning tickets for an entertainment award event, customized entertainment library, various backstage passes and much more.

Rewards From The Card

You will really be enthralled with the amount of rewards you can avail from Universal Entertainment MasterCard. The list of rewards is as follows:

§ For purchases of one dollar at selected Universal Studio Theme Parks, hotels and resorts with the card, you will receive two points

§ Other general purchases with the card will earn you one universal point for every dollar

§ You can redeem your first reward at just 900 points

§ There are a wide variety of universal products on which you can redeem your universal points – right from private movie screenings, concert tickets, CDs and DVDS to different entertainment merchandise.

However you should remember that there is a Chase limits on the number of points you can accumulate per month and that depends on the level of your authorized credit limit. Thus, if you have a credit limit of $ 2500, then you will not be allowed to earn more than 2500 points in a single month.

Fundamental Features

The essential features of the Universal Entertainment MasterCard are summed up below:

§ Your card comes with an introductory Annual Percentage Rate (APR) of 0% on new purchases and balance transfers for the first six months.

§ Once the introductory period gets over you will have a competitive APR of 14.24 percent. This will be perfect for those of you who plan to pay off their balances in full each month.

§ This card from Chase is annual fee-free

Additional Benefits

There are some outstanding additional advantages attached to the Universal Entertainment MasterCard that you would crave to have in your credit card.

To begin with, the card offers you free music downloads, easy access to tickets for opening weekends of Universal movies and chance to win tickets for various entertainment awards. Moreover, you can also create your own customized entertainment library at great discount prices. Again, the card offers you exclusive guest benefits at Universal Orlando Resorts.

Additionally, you will also be entitled to auto rental insurance, lost and stolen card reporting services, travel accident insurance, along with cash and card replacement assurances, if you require them urgently.

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Joan

indygal asked:


I’m young with no credit and no checking account. I’ve been looking online and have only come across debit cards or credit cards that require a checking account. Where and how can I get a CREDIT CARD w/ no credit and no checking account?

Timothy

mastermind asked:


Lets say I have 4 credit cards totalling $3000. I then wrote out 4 checks and paid off each card in full on the same day. How long would I have to wait until my credit report reflected all of these charges paid off?

Chester

Slim asked:


I’m 24 and just bought a new car. I don’t really have credit and was being turned down by credit card companies for lack of credit. So my question is once I begin establishing credit, will I get any credit card offers?

I don’t want or need 3 or 4 credit cards, just 1 main card.

Edwin

Iamready! asked:


If your wanting to show that your responsible with your credit cards to the credit bureaus and that your are someone that other credit card companies, loan people, and any other lenders want to have as a client. Thanks!!!!

Jessie

Jeremy Biberdorf asked:


With the Chase PerfectCard MasterCard you can earn rewards everywhere! You get cash back everywhere you use this credit card. At gas stations you save even more. For the first 90 days, you get 6% back on all gas purchases at any gas station. After that you get 3% cash back at gas stations. When you use the Chase PerfectCard everywhere else you get 1% cash back. Think of how much you’d save on your gas bill each year. It doesn’t make sense to use cash or your debit card.

Most gas credit cards are applicable at just one gas station. If you’re low on gas do you always want to go out of the way to a certain gas station? You could run out of gas driving across town to the other station. Or do you want to fill your wallet with a different credit card for each gas station? Your heavy wallet would weigh you down, nevermind the time it would take to search through those cards every day.

Another perk of this credit card is a 0% introductory rate on purchases and balance transfers for 12 months. For the first year there is no annual fee either. There is only a $19 annual fee if the cardholder doesn’t make 9 purchases in the prior year. So the Chase PerfectCard can earn rebates that aren’t eaten up by credit card fees.

There is a limit to the cash you can get back with this credit card. Each month you can get up to $15 back on gas. That works out to $500 in gas purchases for one month. That should cover the average person’s fuel expenses. Up to $15 of free gas in a month sounds like too good an offer to pass up. Plus there is no limit to amount of rebates that can be earned from other purchases.

This credit card makes cash back more convenient too. Rebates you earn are automatically credited toward future purchases. Other cards often mail gift certificates or checks, which just delays your money.

You don’t lose other platinum credit card features like purchase assurance, extended warranty protection, and travel accident insurance. The Chase PerfectCard MasterCard gives you everything and then some more. It lives up to its name.



Carrie