Recently, I was asked by WalletHub to comment on cash back credit cards. The post should be forthcoming on the WalletHub site. Nonetheless, I am also sharing my insights here: • Should everyone have at least one cash back credit card? Not necessarily. For starters, consumers should always “shop around” and compare credit cards, and…
Have you recently received a new credit or debit card with a metal chip on it? You may have noticed some people inserting these cards rather than swiping in the checkout lane. Here are a few things you should know about this new chip technology popping up on cards. The Good For credit and debit…
Facing confusing charges or a large medical bill can seem overwhelming at times. There may be many worries, ranging from having to pay absurd charges, to damaging your credit score, to being forced into bankruptcy, to having your home and assets seized. But it’s best not to automatically assume the worst, as there are plenty of…
Credit cards work on the basis of borrowing money. When a consumer is issued a credit card the credit card company attaches a certain amount of credit to the card. When a consumer uses the credit card to make a purchase the consumer is borrowing money from the card issuer in order to pay for…
According to the latest reports from the U.S. Dept. of Commerce, roughly $3.4 Billion of retail sales occurred online just last year alone. Consumers are becoming increasingly more comfortable with making their purchases online. Fortunately, the vast majority of these sales occur without any problems, but what happens when those shoes you purchased online do not show…
Choosing whether or not to buy an extended warranty on your new appliance or electronic device can sometimes be a tough choice. It is nice to have the safety blanket that an extended warranty seems to offer, but the cost is often a deterrent. But what if you could get an extended warranty without paying…
In the last few decades, remarkable expansion in the use of consumer credit has allowed individuals from every income bracket the opportunity to purchase goods and services that one would otherwise not have access to. Not only do individuals and families use credit cards for emergency purposes, but often these plastic cards are swiped to…