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The Only Thing Is To Tell Her How To Choose The Right Credit Card November 18, 2009

Posted by Vedis in : Banks / Banking Services, Credit Card Scam, Credit Cards , comments closed

A cousin who had just recently graduated and found a job in local bank was so eager to apply for a credit card.

Even after she was told of the soon-to-be imposed service tax on a credit card, she still wanted to own one. What to do? She said most of her best friends have had a credit card and some even have had more than 2 cards.

Since she was so insistent on having one, what I could do was telling her how to choose the right credit card and avoid credit card scams.

No Credit Card To Withdraw Cash Advance May 30, 2009

Posted by Vedis in : Cash , comments closed

Hubby and I must do some home cleaning tomorrow or on Monday. There are also comforters and area rugs to be dried under the sun.

I am excited that my family members are coming to visit me and hubby this Friday. While I am happy, I am also worried about our cash in hand.

You know, hubby and I are now depending on cash only. No credit card for us to withdraw cash advance when emergency arises.

Can Write Credit Card, Debt Relief, Home Mortgage Or Term Insurance Articles Better & Faster October 25, 2008

Posted by Vedis in : Debt Management Plan , comments closed

I am very relieved now. Knowing that there won’t be any phone calls and warning letters from banks is a burden lifted off my shoulders.

When writing credit card, debt relief, home mortgage, term insurance or cell phone repeater articles for my niche blogs, I find that I can write much better and faster. Ideas keep coming.

I have God to thank for the approval of the debt management program.

Congratulations ! You’ve Got A Loan ! May 31, 2007

Posted by Vedis in : Loans , comments closed

I have to admit that getting a credit card and loan has been very easy. Even if you don’t apply for a loan, you will be called and congratulated that you have been successfully eligible for a credit card or a loan.

Unbelievable, ya ? It did happen to me last month. One of the banks called me and told me that my card was upgraded to Gold Card ! Wow… and hey, I had been longing for a Gold card !

Well, I would jump at the chance if it was before my debt elimination program.

” Ms Teh, would you like to activate your account now ? ” asked the officer politely.

I had the impulse of saying ‘ YES ‘ at that moment. However, I found myself saying ,” Let me consider first. I will get back to you if I want to activate it.”

Can you believe it ? I turned down the offer. I am glad that I have done so. I have already been loaded with $60,000 credit card debts ! But, the story did not end there.

The next day, the officer called again. This time, I was offered a personal loan of $2,000 at an APR of 9.88 % . I know this is also called unsecured loan as I have been reading a lot of information and articles on loans, comparing loans online, mortgages and last but not least, credit cards.

The idea of unsecured loans or personal loans is that you can borrow money without the risk of your personal assets being up for repossession should it all go wrong.

It is an undeniable fact that many people are trapped with credit card debts and loans. It is my belief that a lot of these people have had bad credit history. I have had a few personal loans as they generally offer lower interest rates. It is pleasing to see that unsecured loans are more accessible nowadays.

Look to the right sidebar – $58,961 ! I am cutting down my debts gradually. I am on the right path to debt free life, are you ?

Have you made up your mind to get out of debts ? If so, read more articles provided by websites like Loanwize daily to keep yourself away from being ignorant.

Reading Is To Get Out Of Credit Card Debts May 28, 2007

Posted by Vedis in : Credit Cards , comments closed

“How did you get so deep into such debt trouble ?” This is the common question asked by a lot of concerned bloggers. Well, through the efforts of my hubby and me. OK..I am serious. What I can say is lack of self-control and knowledge about financial matters.

Getting a credit card has become too easy nowadays. I have been approached by credit card executives while shopping in the malls, doing transaction in the banks, going for trade fairs and bumping into roadshows by banks.

There are too many perks offered by banks. Banks now offer 0% credit cards on purchases from participating merchants, if you use their credit cards.

I have had 7 credit cards before (I once boasted to my hubby that I wanted to own 10 credit cards ! How silly !) while my hubby had 6.

Now, I have 2 cards while my hubby has 1 card…;D Are we out of the debts ? Of course, noop.. the credit card debts are still here, decreasing little by little.

Once we realized that our debts had snowballed to more than $60,000, we started feeling petrified. What did we do ? You’ve got it , balance transfers ! Yes, from 0% balance transfers to 9% balance transfers. From bank A to bank B and then from bank B to bank C.Then, thought of personal loans and secured loans.

We used to put the blame on the banks. But, now we have come to realize that we are at faults. We lack of self control. Once we admitted we were at faults, we actually took up our responsibility. We sat down and calculated the total outstanding we had at that time.

Once we knew how much our debts were, the next step was browsing through the internet reading articles which provide tips on How To Choose The Right Card, Credit Card Balance Transfer Guide,Credit Building Tactics and other helpful resources.

After reading the article of Credit Building Tactics , it finally dawned on us that we can actually rebuild our credit rating little by little and with patience.

With sound credit card advice provided by thousands of internet sites like Nations Finance, we have better grasps of the ins and outs of credit cards, mortgages, home insurance and motor insurance.

We know how to get better deals after reading Where Is The Best Place To Get Car Insurance ?

Equip yourself now with more comprehensive and updated news about credit cards, mortgages and related financial advice before you are in deep, deep debt trouble like us.