Your FICO score impacts your life in obvious ways (getting loans, determining interest rates) and ways that may surprise you. Creditors, lenders and even employers are looking at your credit score and your FICO rating and using them as a basis for potentially life-changing decisions. Because of this, it is extremely important to know how your FICO is calculated and what it says about you.
Are there any distinctions between the annual fees or other fees on credit cards vs. Charge cards?
A few weeks ago, I attempted to answer the question, What Is A Charge Card? Since then, I have heard from an American Express spokesperson regarding chargecards. They gave me an opportunity to ask them some questions about this and other subjects. While there doesn’t seem to be anything inaccurate in my assessment, I thought it would be nice to learn a bit more about charge cards as opposed to credit cards.
“There is no sadder sight than a young pessimist, except an old optimist.” - Mark Twain, 1903.
This is my third day at Las Vegas and all I can say is that it is really HOT. Too hot to walk down the strip in the day! But here is an experience that I want to share with you.
American Express corporation is continuing to find new creative ways to offer financial services to it’s customers. In light of recent moves to reduce the credit lines of it’s best customers, and to pay it’s customer’s to cancel their credit cards, it came as no surprise today when American Express introduced it’s latest policy today. From now on, American Express cards will no longer be valid for traditional credit card purchases at retailers. The card will only be available for cash advances, credit card checks, and traveler’s checks.
By now, we know that you can get your free credit report from AnnualCreditReport.com without strings attached. But thanks to a 5-day Free Trial, you can also get a free credit report from SmartCredit.com. In addition to a rundown on your credit history, SmartCredit.com offers you tools for monitoring your credit, such as SMART Credit Report Lock, SMART Alerts and SMART Action Button, which helps you dispute inaccurate items on your report. Your free trial gives you access to these features for 5 days after that, youll be charged $19.95 a month. But if all you want to do is view your credit report, you can cancel within the first 5 days without paying a penny. Heres how:
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Do you hate your power company? Chances are that they are the only game in town. Don’t like your broadband internet company? If you are very lucky, you might have the choice between the cable company and the telephone company’s DSL service. Maybe you need a new mobile phone provider, now you have maybe a dozen choices. Do you want to buy a car? Now you can choose from hundreds of different models from several dozen major brand names.
Optimism.
(let’s find a way to bring it back).
