What are the downsides to having several credit cards?
Wednesday, August 29th, 2007Curt F asked: Hi everyone.
I’ve been spending alot of time contemplating credit score issues and I am now considering applying for 4 new credit cards at once. However, I plan on never activating the cards for use or charging anything to the accounts.
I know my score will take a big hit for this one [...]
Why the discounts and encouragement for credit cards only?
Tuesday, August 28th, 2007AG asked: Request to confirm the logic behind the encouragement and discounts being offered only on credit cards and not on debit cards. Infact the debit cards should be more reliable and trust-worthy. Also the airline companies and even some shop-keepers always tries to avoid or do not allow purchases on a debit card. What’s [...]
Is it a good idea to offer credit cards to illegal immigrants?
Tuesday, August 21st, 2007lizzgeorge asked: The Wall Street Journal reported today (2/13/07) that Bank of America has rolled out a program in Los Angeles county offering credit cards to those without social security numbers or credit histories. They hope to go national with the program this year.
In recent years, banks across the country have been [...]
what is the best way to get great credit with credit cards?
Sunday, August 5th, 2007Elvis D asked: i want to know how much should i spend on each credit and should i pay off completly or should i leave a few dollars on i heard that you should use 30% on each then pay off each month but leave 5 10 dollars so credit card company get some money [...]
Why do people prefer to use credit cards instead of debit cards ?
Wednesday, August 1st, 2007Nassim asked: As far as I know, credit cards involve paying interest rates to the bank wich costs additional money on top of the purchases price. On the other hand debit cards are free when used in offline and online purchases, so does anybody know why people prefer to use credit cards instead of debit [...]











