Sneaky Tricks from Credit Card Vendors (Part 4)

Credit card companies need to make money just like everyone else. If they couldn’t make money by extending credit, they wouldn’t be in business, and that would force us to pay cash for everything from coffee to vacations. There is obviously a place for credit cards in our society. However, some tricks that credit card […]
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Sneaky Tricks from Credit Card Vendors (Part 3)

Credit card companies need to make money just like everyone else.  If they couldn’t make money by extending credit, they wouldn’t be in business, and that would force us to pay cash for everything from coffee to vacations.  There is obviously a place for credit cards in our society.  However, some tricks that credit card […]
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How to increase your credit score by 50 points

A creditor agrees to re-age your past-due account and presto, your overdue credit card account gets zapped back to current. This should/will increase your credit score by 50-100 points! “It’s a new life, in essence, for that account,” says Jalona Meador, manager of account management at Consumer Credit Counseling Service of Greater Atlanta. “It’s starting […]
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Day 224: Discover’s Cashback Bonus Is Paying Off Our Debt

We love our Discover card. The reason that we love our Discover Card is that we are making about $20 a month, with Discover’s Cash Back Bonus, that can be applied almost directly to our debt. We use the Discover Card, because out of the two cash rewards cards that we have, it has the […]
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Day 190: You’re Pre-Approved – Okay, maybe not, but we got a hard pull on your credit anyways

This hasn’t happened recently as we are making sure not to allow any hard pulls for the next year on our credit, but have you ever received those 0% offers on credit cards saying that you are pre-approved (not pre-qualified – there is a difference), only to be rejected? Well this is because the letter […]
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