Prepaid Cards: Essential Features to Watch Out for

For people shopping for prepaid cards, it is important to know that even though their names may be the same, they usually come with different features. Another thing you may need to know is that prepaid cards are quite different from debit cards and credit cards. Therefore, in this article, I will like to point out the following: What is prepaid card? Difference between prepaid cards and debit cards Difference between prepaid cards and credit cards How to shop for prepaid cards Advantages of prepaid cards Disadvantages of prepaid cards What is prepaid card? Prepaid cards are means of payment Continue ReadingPrepaid Cards: Essential Features to Watch Out for

How to close credit card in proper way

If you want to close credit card, you should be aware that it is more than cutting the card into two. There are certain procedures you need to take so that you don’t get your fingers burnt. Of course, you may have your own genuine reason that propels you to want to close the card. You should endeavour to evaluate the decision before you finally cancel the card. I may not know why you want to cancel your credit card. Generally, people close credit card for some reasons which may be similar to the ones discussed below. Reasons that can Continue ReadingHow to close credit card in proper way

Credit Score: How to improve credit score

What is Credit Score? I don’t want you to see credit score as just three digit number assigned to you by the credit rating agencies. It is more than just a number. It has to do with your credit worthiness. And this is arrived at through the statistical analysis of your past credit information as contained in your credit file. Many lenders and businesses rely on credit score when it comes to assessing the creditworthiness of consumers in order to decide whether a person will pay bay his debt if granted credit. Credit score ranges between 300 and 850. Everybody Continue ReadingCredit Score: How to improve credit score