Articles by Max Anderson on ArticleSnatch.com

4 Reasons Why You Need a Discover Credit Card in Your Wallet

Mon, 10 Dec 2007 00:00:00 -0500

At some point you're probably going to be asking yourself if you really "need" another credit card in your wallet and even if you do, why should it be a Discover credit card? Believe it or not, there are very valid reasons to carry a Discover credit card with you at all times. Here are the top four... The Rewards Are Generous Sure, there are more rewards cards out there than you can shake a stick at but the Discover credit card was the first and still manages to be one of the best. With up to 5 percent cash back on purchases made with the card and other special promotions, it's hard to beat what the Discover credit card has to offer. Just how good do the deals get? Let's take your holiday shopping for example... If you use your Discover credit card at participating online retailers, you'll get a 5-percent cash-back reward. Use it at a participating shopping mall and you can get a $20 Discover gift card for every $200 you spend with the card (and that's on top your cash-back bonus). Oh, and did we mention your rewards can be doubled?** End Summary**

About the Author:
For more tips on credit card services , saving money and avoiding getting taken, check out CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources.

3 Things You Need To Consider Before Taking That 0 Balance Transfer Credit Card Offer

Thu, 06 Dec 2007 00:00:00 -0500

A 0 balance transfer credit card may seem like the solution to your credit card woes. However, before you jump in with both feet there are some things you need to watch out for. Remember that saying "if it looks too good to be true..."? There's a reason so many people say it. Make sure you don't fall for these 3 common pitfalls when looking for a 0 balance transfer credit card. 1. You Want Me To Pay What? A 0 balance transfer credit card can seem like a wonderful opportunity -- until you read the fine print, that is. Some balance transfer credit cards want you to pay a free to transfer your balances over to them. Sometimes this fee can be as much as 3 or 4 percent. If you have a $5,000 balance and you're being charged a 3-percent balance transfer fee, that 0 balance transfer credit card is going to cost you $150. Since some balance transfer credit cards don't charge a fee at all, that fee may be hard to swallow. 2. Let Us Abuse You Yearly If you have good credit, you should never pay an annual fee for a credit card.** End Summary**

About the Author:
For more tips on balance transfer credit cards , saving money and avoiding getting taken, check out CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources.

2 Reasons Why A Gas Rebate Credit Card Is The Best Way To Save Money on Gas

Mon, 03 Dec 2007 00:00:00 -0500

If you think a gas rebate credit card isn't the best way to save money on gas, you haven't done your homework. Wondering just how much money a gas rebate credit card can save you and why some of the other money-saving methods just don't add up? Here's your answers... 1. Driving Across Town Costs You So you live in Town A and want to drive 20 miles to Town B so you can save 10 cents a gallon on gas? It's really not worth it. Let's say your tank holds 20 gallons of gas and gas costs $3.00 a gallon in your town. If you fill your tank near home, it's going to cost you $60. If you drive the 20 miles to Town B so you only have to pay $2.90 per gallon, it's going to cost you $58 to fill your tank. That's only a savings of $2. Now, if you get 20 miles to the gallon (and if you drive an SUV or other gas guzzler, you probably don't) you are paying $2.90 to get to the gas station in Town B and $2.90 to get back home.** End Summary**

About the Author:
For more tips on gas credit cards , saving money and avoiding getting taken, check out CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources.

3 Things to Consider Before You Submit That Prepaid Credit Card Application

Mon, 19 Nov 2007 00:00:00 -0500

Ready to send in that prepaid credit card application? You'd better think twice! Some prepaid credit cards aren't everything they're cracked up to be. Want to make sure your prepaid credit card application is the right one? Here are three things to consider. 1. What Are They Hiding? Prepaid credit cards are notorious for hidden fees and charges. That's why it's so important to know exactly what you're in for before you submit any prepaid credit card application. Some prepaid credit cards charge monthly fees, per transaction fees and even fees for when you don't use the card at all. Before you sign any prepaid credit card application, make sure you know exactly what fees they will be charging when you get the card. That means reading every line of the terms and conditions very carefully, making sure you don't miss a thing. 2. Why Do You Want It? Another thing you need to consider before you send in a prepaid credit card application is what you want the card for. Are you trying to rebuild credit?** End Summary**

About the Author:
For more tips on prepaid credit cards , saving money and avoiding getting taken, check out CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources.

5 Tips to Help Eliminate Credit Card Debt

Thu, 15 Nov 2007 00:00:00 -0500

If there's one thing almost all consumers have in common, it's the desire to eliminate credit card debt. Whether it's a few hundred dollars or a few thousand, credit card debt can really put a dent in a household budget. Here are five tips to help eliminate your credit card debt while building a healthy and solid financial future. 1. No Minimums Apply Credit card companies have this thing that they like to call a minimum monthly payment. I call it keeping you in debt for as long as possible while they make as much money off you as they can. If you really want to eliminate credit card debt, forget that the minimum monthly payment option even exists (unless, of course, you're having a hard time even making that payment). Don't make the mistake so many consumers make by paying only the minimum payment to each of their credit card companies when the bills come in. Instead, pay as much as you possibly can towards your credit card debt each and every month. 2. We're Not Gonna Take It! Shrinking grace periods, increasing interest rates, hidden fees and charges -- don't put up with them!** End Summary**

About the Author:
For more tips on credit card debt , saving money and avoiding getting taken, check out the credit card debt section at CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources.

How To Find the Best Credit Card Rate for You

Mon, 12 Nov 2007 00:00:00 -0500

Looking for the best credit card rate? You're not alone. Millions of consumers jump from card to card trying to find a rate that's better than the one they're currently paying. Do yourself a favor and don't play leap frog with the credit card companies. Here are some helpful tips for finding the best credit card rate for you. But He's Got a Better Rate! Upset that your neighbor has a better credit card rate than you? Get over it. If you're looking for the best credit card rate, there's something you need to understand... Not all credit is created equal, and the best credit card rate for you might not be a great rate for someone else. If Mary Jane has never had a late payment or collection account in her life and Betty Sue has had a few, the girls are going to qualify for different rates. Before you go in search of the best credit card rate out there, take a serious look at your credit situation. If there are some dings or dents, you're going to have to settle for a higher rate than you may have anticipated.** End Summary**

About the Author:
For more tips on the best credit cards , saving money and avoiding getting taken, check out the best credit card section at CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources.

If You Want Credit Cards Bad Credit Doesn't Have To Stand In Your Way

Thu, 08 Nov 2007 00:00:00 -0500

A few years ago, when people applied for credit cards bad credit was like a death sentence. After all, the good credit card companies don't want to deal with someone who has a tarnished credit history, right? That's no longer the case. In todays world of credit cards bad credit doesn't have to be a death sentence. It's just a matter of knowing the road. What Kind of “Bad” Is It? The first thing you need to ask yourself is just how bad your credit really is. When applying for credit cards bad credit isn't always that bad. For example, someone who consistently pays their car payment and credit card payments late is going to have worse credit than someone who has an unpaid medical bill or two. And Just How Bad Is It? When applying for credit cards bad credit is never a good thing, but it's important to know just how bad your credit really is. You may think you have bad credit because of a blemish on your report, but if your score is still above 700 your credit is actually quite good. If you're applying for credit cards bad credit might indeed limit your options.** End Summary**

About the Author:
For more tips on bad credit credit cards , saving money and avoiding getting taken, check out the bad credit credit card section at CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources.

What You Need to Know Before Filling Out a Business Credit Card Online Application

Mon, 05 Nov 2007 00:00:00 -0500

Thanks to the Internet and the creation of the business credit card online application, the days of searching high and low for snail mail apps and waiting weeks for approval are long gone. Nowadays, getting a business credit card is as easy as logging on to the Web and filling out a simple form. However, there are a few things you need to know about business credit cards and online applications before you jump in with both feet. Your Personal Information Matters If you're one of the many who think your personal information will play no part in the business credit card online application process, you're sorely mistaken. Unless you have a well-established business that is its own entity with its own credit history, you're going to need to put your credit on the line and you'll need to provide your personal information (including your social security number) to the credit card company. Credit Limits Don't Change Too Much When you submit a business credit card online application, you may be expecting a larger credit limit than you would normally qualify for. After all, it's a business credit card, right? Don't get your hopes up.** End Summary**

About the Author:
For more tips on business credit cards , saving money and avoiding getting taken, check out the student credit card section at CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources.

Does Your Son or Daughter Need a Citi Student Credit Card?

Thu, 25 Oct 2007 00:00:00 -0400

If you have a son or daughter in college, you might want to ask yourself if a Citi student credit card is in order. After all, a student, no matter where they go to school, is definitely going to come across more than their fair share of credit card offers. As a parent, you want to make sure you lead them on the right path. So ask yourself, is a Citi student credit card the credit card you want your pride and joy to carry? Why a Citi Student Credit Card? So why should you consider a Citi student credit card over the other student credit cards on the market? Chances are you have the best interests of your child in mind and, let's face it, some of the companies offering student credit cards do not. Citi, however, seems to be one of the better student credit card issuers. What's So Great About Citi? First and foremost, a Citi student credit card will allow your child to start their own credit history. Many of today's credit card companies require students to have a co-signer. Citi does not.** End Summary**

About the Author:
For more tips on student credit cards , saving money and avoiding getting taken, check out the student credit card section at CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources.

3 Credit Card Services You Need To Know About

Mon, 22 Oct 2007 00:00:00 -0400

If you carry a credit card but know nothing about the various credit card services available, you don't know what you're missing. Ask yourself these questions... How will your credit card balance be paid if something happened to you? Who do you turn to if your credit cards are lost or stolen? What do you do if you get in over your head with debt? Credit card services have the answers. Here are a few you should get acquainted with. Credit Card Services That Offer Insurance Insurance can be a beautiful thing. That's why many credit card services offer various forms of it. Whether you become disabled, unemployed or (heaven forbid) deceased, there are insurance products that will take care of things for you. While many credit card companies offer insurance directly, you might be able to save money by looking to the credit card services that offer it independently. Just make sure you understand the exact terms of the insurance policy being offered. If you become disabled, exactly how long will the insurance make payments for and how much will they pay? Are there exclusions to a death benefit?** End Summary**

Where Have All the 0% Balance Transfer No Annual Fee Credit Cards Gone?

Mon, 15 Oct 2007 00:00:00 -0400

If you listen to some consumers, you'd think all of the 0% balance transfer no annual fee credit cards have all magically disappeared from the market. Horror stories abound about people signing up for what they thought were these cards, only to be hit with high fees later. Believe it or not, these elusive credit cards do still indeed exist. It's just a matter of knowing what to look for. Here are some tips to keep in mind. 1. How Long Is The 0% Really 0%? The first thing you need to ask when looking for 0% balance transfer no annual fee credit cards is how long does the 0% interest rate last? After all, if it's only a 6-month offer and you owe thousands of dollars, chances are you won't have time to pay it off before the "real" interest rate kicks in. Which brings us to point number 2... 2. What's the "Real" Interest Rate? If the 0% offer isn't good for the life of the balance, what does the rate go up to when the offer expires?** End Summary**

Why Do You Need a Phillips 66 Gas Credit Card In Your Wallet?

Thu, 11 Oct 2007 00:00:00 -0400

If you're one of those credit card consumers who still doesn't have a Phillips 66 gas credit card, you may want to reconsider your actions. After all, these gas credit cards have quite a few benefits and perks. Wondering what makes a Phillips 66 gas credit card so special? I have the answers. Pay-At-The-Pump Convenience Remember back in the old days you had to actually trudge from your car to the gas station attendant and back to your car again to pay for your gas purchases? That's not the case when you have a Phillips 66 gas credit card. With a Phillips 66 gas credit card you get the convenience of paying for your gas purchases at the pump. You don't have to walk from your car or wait in line to pay. Just swipe your card and go. No Annual Fees Unlike some gas credit cards on the market, there's no annual fee associated with the Phillips 66 gas credit card. Why pay $30 or even $50 a year for the privilege of carrying gas credit cards when you have the option of paying no annual fee at all?** End Summary**

About the Author:
For more tips on gas credit cards, saving money and avoiding getting taken, check out CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources.

What You Need to Know About Anonymous Prepaid Credit Cards

Mon, 08 Oct 2007 00:00:00 -0400

Welcome to the world, post September 11 a world where the terrorists took many things from us, including the ability to easily find anonymous prepaid credit cards. Back in the day, you used to be able to get a prepaid credit card without even supplying your real name. Nowadays, it's hard to find one that doesn't require a social security number. We have stricter laws to thank for this laws that are supposed to keep us safe from terrorists (but somehow affect our own freedoms at the same time). If you're wondering how to get access to truly anonymous prepaid credit cards, here are some things to keep in mind. Why Would Someone Want Anonymous Prepaid Credit Cards? Before we go into the "hows" of anonymous prepaid credit cards, let's discuss the "whys" of the matter. Some believe that only those with something to hide would want one to begin with. This couldn't be further from the truth. Whenever you make a purchase with a credit card, your spending habits are tracked. Every movie you rent, every medication you buy it's all there on display in some database somewhere.** End Summary**

Five Easy Steps to Credit Card Debt Elimination

Mon, 01 Oct 2007 00:00:00 -0400

For many consumers, credit card debt elimination can seem like mission impossible. When you're thousands of dollars in debt and trying desperately to find a light at the end of the tunnel, the outlook can be quite bleak. Fortunately, no one is beyond help when it comes to breaking free from credit card debt. Here are five easy steps that will have you on the road to credit card debt elimination in no time. 1. Get All of Your Credit Card Statements Together If you're serious about credit card debt elimination, the first thing you need to do is gather all of your credit card statements together and begin creating a "debt elimination" spreadsheet. What's going to go on this spreadsheet? You'll want to note how much you owe on each credit card, the interest rate and whether that rate is an introductory teaser rate or a long-term rate. If any of your credit card rates are currently on an introductory time line, make note of when that rate will expire and what it will go up to when it does. 2.** End Summary**

About the Author:
For more tips on credit card debt , saving money and avoiding getting taken, check out CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources.

Does a Chase Secured Credit Card Make Sense For You?

Thu, 27 Sep 2007 00:00:00 -0400

If you don't yet have a credit card, a Chase secured credit card may be the answer to your plastic woes. After all, there are many valid reasons why an unsecured credit card may not be in your immediate future. A Chase secured card can be the perfect alternative. Wondering if a Chase secured credit card is right for you? These tips will help you figure it out. Don't Qualify For a Secured Card? One of the surest signs that a Chase secured card is right for you is if you don't qualify for unsecured credit. Whether it's unpaid medical bills or a case of mistaken identity, it can take months (or even years) to repair your credit. Why go cardless in the meantime? A chase secured card can get you over the hurdles to come. Want to Rebuild Credit? If you don't have credit or need to rebuild it, a Chase secured credit card can be the perfect answer. Unlike prepaid credit cards, a Chase secured credit card is reported to the credit bureaus. This means that your Chase secured card activity can help you qualify for an unsecured credit card in the future.** End Summary**

About the Author:
For more tips on secured credit cards , saving money and avoiding getting taken, check out CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources.

How To Make Sure You're Getting the Best Credit Card Rates

Mon, 24 Sep 2007 00:00:00 -0400

Are you getting the best credit card rates possible? You'd better hope so. If you're not, you could be throwing thousands of dollars down the drain without even realizing it. Want to know how to make sure the best credit card rates are on your monthly statements? Here are four tips that will help you do just that. 1. Watch Those Payments The first and most critical step towards getting the best credit card rates is making each and every one of your credit card payments on time. One late payment and it's like a credit card domino effect. The card you paid late experiences a rate increase and then your other cards' interest rates are jacked up too. How exactly does one credit card payment affect a totally different credit card? Welcome to the world of the Universal Default Agreement. When you default on one credit card, your other credit cards are given license to act as if you defaulted on those as well. As a result, your rates begin to jump. At this point, even the best credit card rates can soar to 20-percent or more.** End Summary**

About the Author:
For more tips on credit cards , saving money and avoiding getting taken, check out CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources.

Understanding the Difference Between Credit Card Bad Credit and General Bad Credit

Wed, 19 Sep 2007 00:00:00 -0400

If you think all bad credit is created equal then you don't understand the differences between credit card bad credit and the other types of bad credit out there. How much of a difference does it make? Believe it or not, quite a bit. Some bad credit isn't too bad at all, while credit card bad credit can prevent you from getting a car or a home. If you want to understand why credit card bad credit is worse than the other forms of bad credit, here are some things to keep in mind. 1. Understand Your Credit Report The first step in understanding the differences between credit card bad credit and other types of bad credit is in understanding your credit report and the information it contains. Your credit report consists of a multitude of facts pertaining to your payment history. In addition to your credit card activities, things like car loans, utility bills and even unpaid medical bills show up on this report. When a creditor looks at this report, they don't just see whether you make your payments on time, they see if you've ever been sued, claimed bankruptcy, let medical bills go, etc. 2.** End Summary**

About the Author:
For more tips on bad credit credit cards , saving money and avoiding getting taken, check out CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources.

4 Signs You're Ready for a Visa Business Credit Card

Tue, 18 Sep 2007 00:00:00 -0400

Are you ready for a Visa business credit card? You might not know this, but there are certain telltale signs to look for. If you think you might be ready to take the next step in business finance, these 4 tips will tell you whether or not your instinct is right. 1. Your Business Needs Are Occupying Your Personal Credit So you need to put a large personal purchase on your credit card but you can't because this month's business expenses have already maxed out your credit? You probably need your own Visa business credit card. If your personal credit card can't handle the volume of your business credit needs, it's time to expand your credit horizons. 2. Your Business Isn't Being Rewarded Now I'm not talking about rewards as in "high-interest rewards programs" here. I'm talking about rewards such as business travel insurance, group buying power and the other perks associated with carrying a Visa business credit card. Let's face it, a growing business can use all the help it can get. Why not take advantage of everything out there -- including the benefits of a Visa business credit card? 3.** End Summary**

About the Author:
For more tips on business credit cards , saving money and avoiding getting taken, check out CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources.

5 Ways To Keep Your College Student Credit Card Debt Under Control

Thu, 06 Sep 2007 00:00:00 -0400

If you're a college student with access to plastic, it's important to keep an eye on your college student credit card debt. No matter how smart, educated or responsible you are, it's easy to let debt get out of control without even realizing it's happening. If you want to play it safe, follow these helpful credit card debt tips. 1. Watch Your Balance One of the best ways to keep an eye on your college student credit card debt is to look at your balance and compare statements each month. If your balances keep going up, your debt is going up. Look at why this is happening and try to make spending adjustments accordingly. 2. Charge Only What You Can Afford Yes, the previous tip says to watch your balances, but in an ideal situation you would pay your balances in full each month. This way you're not accumulating college student credit card debt at all. Sure, it means charging only what you can afford at the moment, but isn't that the right way to manage your credit cards anyway? 3. Watch Those Line Items Don't just glance at your credit card statement when it comes in every month.** End Summary**

About the Author:
For more tips on student credit cards , saving money and avoiding getting taken, check out CreditCardTipsEtc.com , a website that specializes in providing credit card tips, advice and resources.

Is There a Chase Credit Card in your Wallet?

Mon, 03 Sep 2007 00:00:00 -0400

Do you have a Chase credit card in your wallet? You might, without even realizing it. Chase is one of the biggest names in the credit card industry and they literally offer a credit card for everyone. If you don't have a Chase credit card in your wallet, you don't know what you're missing. Here are five of the most popular Chase credit cards out there. 1. The Amazon.com Card Love it or hate it, you have to admit there are deals to be had on Amazon.com. I will freely admit I'm addicted to the site and I don't mind saying that I want to be rewarded for the multiple purchases I make there each month (yes, each month). That's why I personally carry this particular Chase credit card. What does the Amazon.com card offer me? Three points for every dollar I spend at Amazon.com and then 1 point for every dollar spent elsewhere. Then I can turn those points into Amazon.com gift certificates and get some of my purchases for free. 2. Disney Rewards Visa The Disney Rewards Visa is another popular Chase credit card and it's one my mother-in-law carries regularly.** End Summary**

About the Author:
For more tips on credit cards , saving money and avoiding getting taken, check out CreditCardTipsEtc.com , a website that specializes in providing credit card tips, advice and resources.

An Online Balance Transfer Credit Card Application vs. Offline

Thu, 23 Aug 2007 00:00:00 -0400

Should you opt for an online balance transfer credit card application or opt for the old-fashioned way and mail it in? Balance transfer credit cards are all the rage, and it's no wonder with low interest rate offers abounding and consumers becoming increasingly-conscious of paying down their debt. But what is the best way to apply for a balance transfer credit card? Online or off? Here are some things to consider. 1. Instant Approval With the old fashioned balance transfer credit card application, you had to have the application mailed to you (or pick one up at a store or a bank) and then fill it out and mail it back in. Then wait a few weeks for the credit card company to process the application and wait even longer for the reply (or the card) to be mailed back. Kiss all that waiting goodbye. Nowadays, thanks to online balance transfer credit card application websites, long waits are no longer the norm. Simply log onto the Internet, find the best balance transfer credit card for your needs and fill out the online balance transfer credit card application. Click the "submit" button and you're done.** End Summary**

Where Are The Best Gas Credit Cards Hiding?

Thu, 16 Aug 2007 00:00:00 -0400

Many consumers are keeping an eye out for the best gas credit cards the market has to offer. After all, with rebate offers that offset increasing gas prices, gas credit cards aren't the plastic outcasts they once were. If you're wondering what to look for in the best gas credit cards on the market, we have some guidelines to go by. 1. Low Interest Rates If you're the type of person who carries a balance on their credit cards, interest rates should be your top priority. It used to be that gas credit cards were associated with high interest rates. That, however, is no longer the case. The best gas credit cards offer reasonable interest rates in addition to money-saving opportunities. 2. Rebate Offers Many of today's best gas credit cards offer rebates, not just on gas purchases, but on any of the purchases you make with the card. Instead of just getting gas rebates of 1 or 2 percent, the best gas credit cards offer up to 5-percent back on the gas you purchase and cash back on other purchases too. 3.** End Summary**

Are Free Prepaid Credit Cards Really Free?

Mon, 13 Aug 2007 00:00:00 -0400

Advertisements for free prepaid credit cards abound, but is there really any such thing? After all, prepaid credit cards are usually associated with multiple fees. If you've been looking for free prepaid credit cards, there are some things you need to know before taking the plunge. 1. Nothing's Ever Really Free The first thing you need to understand when it comes to free prepaid credit cards is that nothing's really ever free. Sure, you might not have to pay an activation fee or there might not be a monthly maintenance fee, but that doesn't mean you won't have to pay transaction fees or reload fees. When looking at free prepaid credit cards, you need to look closely at the terms and conditions of the cards. What a credit card company thinks is "free" might not be the same definition you had in mind. 2. Assess All Of The Fees As I said before, free prepaid credit cards aren't really ever free. There is always some sort of fee involved. Because of this, when you're shopping for free prepaid credit cards, you need to look at all of the fees they could posisbly charge. Confused? Here's an example.** End Summary**

4 Easy Steps To Credit Card Debt Relief

Thu, 09 Aug 2007 00:00:00 -0400

Consumers everywhere are looking for credit card debt relief options, and it's no wonder. Thousands of people owe tens of thousands to their credit card companies. But is credit card debt relief really possible? If you know what you're doing, it is. Here are 4 easy steps to getting out from under your credit card debt. 1. Assess Your Situation The first step towards credit card debt relief is understanding exactly how bad the situation is. This means taking all of your recent credit card statements and totaling up all of your outstanding balances. Most people avoid totaling all of their credit card debt. This is usually because the end result will come out to a scary figure. However, if you are serious about credit card debt relief, you need to know exactly how much debt you are really in. 2. Reviewing Your Options Once you know exactly how much debt you are in, you need to review your options. When it comes to credit card debt relief, there are a number of services and solutions available to consumers. Most consumers turn to one of three solutions for credit card debt relief including debt consolidation, debt negotiation and bankruptcy.** End Summary**

About the Author:
For more tips on the credit card debt , saving money and avoiding getting taken, check out CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources.

5 Reasons Why a Secured Visa Credit Card is Better Than Prepaid

Mon, 06 Aug 2007 00:00:00 -0400

Many people assume that a prepaid Visa card is the same thing as a secured Visa credit card. This actually couldn't be further from the truth. A prepaid Visa credit card is significantly different from a secured Visa credit card. Here are five reasons why. 1. The Credit Factor If you're trying to decide between a prepaid credit card or a secured Visa credit card, chances are that your credit isn't exactly spotless. If you want to improve your credit rating, understanding the differences between prepaid cards and secured cards is critical. If you opt for a prepaid credit card, you're not doing anything to improve your credit rating. This is because prepaid credit cards typically aren't reported to the credit bureaus. On the other hand, when you are issued a secured Visa credit card, your account activity is reported to the credit bureaus, improving your credit. By managing your secured Visa credit card properly, you aren't just gaining access to a credit card and the benefits that go along with carrying one, but you're also increasing your credit score and rebuilding your credit history. 2.** End Summary**