Rebuilding Credit History
The recent study of over 350,000 card users found that a vast majority of people using low-limit plastics improved their score rating. According to the study, 35% of cardholders using plastics for limited history managed to improve their scores within a two-year period. Meantime, over 60% of users fixed their scores and were awarded with better terms like higher spending limits and lower interest rates.
It's not news that a cardholder who has just started using plastics and whose score is relatively low can find a card for his/her needs. Fortunately enough, there are several companies out there which can offer specially-designed products for subprime cardholders. Learn more about this!
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Credit Card Mailings
The volume of credit card direct mailings sent to customers continues to fall, according to the latest research held by Mintel Compremedia. To be more exact, the amount of direct mail fell 8% from the first quarter 2008.
It's worth saying that there has been a steady decline of direct mail volume since the third quarter of 2007 when it amounted to 1.86 billion. Now, the total volume of unsolicited offers sent to cardholders is 1.54 billion, i.e. a 17% decline since 2007.
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We must accept the fact that online shopping has won the hearts of millions. Today, a great many customers tend to do their shopping online. If you are short of time, feel free to make purchases right from home or your office, or any place where you've got Internet access. Online shopping is really convenient, fast, and easy. It saves your time, money, and energy. Credit cards are the most appropriate form of payment when making online purchases. But when it comes to security, most customers are puzzled about the safety of their credit cards. Become knowledgeable about the ways to protect your personal information online!
Comments (1)
Back in the old days, credit cards were not that popular as almost all businesses were conducted in cash. Today, credit cards are a must for those who put much value on their credit history. Once you want to obtain loans with good rates, do your best to establish a solid credit history. The big question is, how to do this, how to make a fresh start and build stable credit? There is no universal answer for all cardholders as there are many ways of building a strong credit history. Explore the ways of building good credit, to find the way that suits you most!
Comments (5)
It would be great to apply for the card that requires no interests to be paid. Unfortunately, it's not possible. You will pay interests on a credit card, regardless of your credit history. The only difference here is how much you will pay.
Though there are no such plastics in the US, many issuers offer 0% APR for a specified period of time. The length of the introductory period ranges from six months to twelve or fifteen months. Anyway, you've got enough time to benefit from interest-free period and save a round sum of money in interests. Learn how to make the most of the cards with 0% introductory interest rates.
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71 First year fee-free, then $45.