Cut Credit Cards, bargain better deals

Posted by Admin on February 18, 2010
Filed under Credit repair | Comments (12)

credit cards

Credit card companies have been of late increasing their APR lending rates and more so paying no heed to the Credit Card Authorisation and Responsibility ACT which came in to enforcement this year.

Not only have the credit scores gone down, there has been attempt by the credit card companies to find ways around the CARD act.

Discover, American Express, CITIBANK, Wells fargo and many others have been on the look out to tempt customers with variety of card options. Basically getting the consumer to pay more out of their pockets.

What you should be doing to get out of this complete sorry situation is to say to the Bank that you do not need their cards any longer. Infact as a token of Direct Action, it would be much better if you actually cut the card into two pieces and send it back to the Banks.

Economics is all about Demand and Supply and Bargaining.So if you are ready to negotiate a better dea then as the rules of negotiation state, you need to be prepared to do without the Credit Cards. Let the banks realise that they are the ones who would be out of Business.

can you imagine what a movement like this would bring, yes a much fair and consumer driven market in credit cards.

Risk your chance of doing without a credit card and get te best bargain possible. The fact remains, the Banks and Credit Card Companies want that card in your pocket. And when you say no to that Credit Card, they will be much more concerned to help you out.

But is it that easy to cut a card and give it to the banks? No since we have a complete financial emotions around these cards and what they represent. So while it seems to be a simple advice, it actually is very difficult to execute.

Self Help Credit repair

Posted by Admin on December 3, 2009
Filed under Policies | Comments (19)

You can clear your credit report on your own without much interference from any one provided you follow some steps regularly[…]

Read more…

Credit Card Accountability And Responsibility Act 2009

Posted by Admin on December 3, 2009
Filed under Policies | Comments (19)

Credit Card Accountability Responsibility And Disclosure Act of 2009.As a consumer it is essential to have clear understanding of rights and claim. This is a complete list of changes that came into effect starting 22nd February […]

Read more…

ASK A QUESTION AND GET ANSWER NOW

Posted by Admin on February 18, 2010
Filed under Uncategorized | Comments (12)

How much is good???

Posted by Admin on February 18, 2010
Filed under Uncategorized | Comments (12)

A question which everyone would like an answer for is whether their credit score is good enough or do they need to get it raised higher for better bargains.A credit score, whatever it might be, is never enough. You would need to have a much bigger […]

Read more…

Alternative Student Loans

Posted by Admin on February 18, 2010
Filed under Uncategorized | Comments (12)

Student loand have undergone drastic political and legislative overhaul. Be the first to know what does it mean when you go for private or federal lenders[…]

Read more…

Federal Student Loans

Posted by Admin on February 18, 2010
Filed under Uncategorized | Comments (12)

Student loand have undergone drastic political and legislative overhaul. Be the first to know what does it mean when you go for private or federal lenders[…]

Read more…