Finance Globe

There are many benefits of using a credit card, such as the ability to conveniently make large purchases and the opportunity to collect reward points for every dollar you spend. However, you shouldn’t get into the habit of using a credit card until you fully understand the real cost of doing so. First things first, paying off your balance in full each month is the best thing you can do. With this strategy, you never have...

Do you ever wonder what a credit card company looks at when deciding to approve or deny an application? With this knowledge in mind, you may be able to better your situation as to improve your chance of an approval. Here are several of the most important credit card approval factors: 1. Utilization. Just the same as your credit score, the amount of available credit will impact your approval odds. In short, if your current credit...

As you get more and more excited about renovating your kitchen, there will always be one thing lingering in your mind: the cost. Many people are under the impression that it takes tens of thousands of dollars to “do a kitchen right.” There’s no denying that you can spend this much (or more), but you don’t have to. Below, you’ll find seven easy ways to save money on the cost of a kitchen remodel: 1. Shop...

Wouldn’t it be nice if your car insurance rate remained the same, year in and year out? Unfortunately, you’ve probably come to find that this isn’t the way things work. There are some obvious reasons for a car insurance rate increase, such as an at-fault accident or receiving a moving violation. However, there are other reasons for this that fly under the radar. Consider these two points: 1. Life Changes Many drivers overlook the fact that...

If you carry at least one credit card, you will always find yourself wondering when to use it and when to put it away. Like most, you probably have a clear idea of what makes the most sense in regards to credit card purchases. For example, many people purchase gas and groceries with their credit card. Conversely, there are a few things you should never buy with a credit card. Here is a short list: 1....

There are many reasons to contact a credit card company. For example, if you’re interested in applying for a particular offer it makes sense to reach out to a customer service representative. While the rep will not be able to provide you with personal financial advice, he or she can most definitely answer a variety of questions. Not only that, but you can be rest assured that the information you receive is accurate and up to...

Do you have a favorite department store? How about a furniture store? If so, you’re well aware that most of these establishments offer the opportunity to open a store credit card. Generally speaking, this isn’t something you need. Most people are able to make the purchases they want, all without using a store credit card. However, there are a few good reasons why you may want to think about this. Consider the following: •    The opportunity...

Applying for a business credit card is a big decision. While this may be something you think you need, you don’t want to jump ahead until you are 100 percent certain. To ensure that you are on the right track, here are several questions to answer before applying for a business credit card. All of these are important to address: •    What are your plans for using the credit card?•    Do you have a list of...

With hundreds of credit card offers to consider, it’s never easy to make a final determination as to which deal is best. While you’re in no rush, it goes without saying that you want to put this process in the past as soon as possible. The way you rank credit card deals may not be exactly the same as the next person, however, there are some factors that definitely deserve your attention. 1. Rewards program. Will...

You might overlook the fees you pay because it doesn’t seem like a lot of money, but multiple fees can add up. Avoiding fees is easier than you may think. Late fees Late fees are the penalty imposed when you pay after the due date. Some late fees are more expensive than others. Your landlord, for example, may charge a hefty percentage of your rent as a late fee. Late fees can be avoided by simply...