Debt, a controversial subject at the best of times. I’m Canadian, and for us, debt has become a bit of a national nightmare. As of year-end 2020, the average Canadian owes $1.71 for every dollar they own (source: rates.ca). Debts…
Credit Cards
How to Safely Use Your Credit Card
Credit cards make shopping either online and offline super convenient, but this convenience also means there’s a possibility that your personal information (or even financial details) could be hacked. Fortunately, there are ways you can avoid any credit card-related troubles…
The difference between a Credit History and a Credit Score
Some individuals have a mistaken belief regarding what a credit history is and just how it works. As an example, lots of people believe that a credit history originates from loan applications, personal bankruptcies, payment defaults, and so on. They…
The History of Credit Cards
A modern American has about four credit cards. Those handy pieces of plastic are an integral part of life and are mostly used for making purchases, reducing debt, and earning rewards. Credit cards are so popular in some countries that…
How Do Banks Benefit From Credit Cards
So far you must have come across a number of blogs and articles highlighting just how beneficial credit cards are to consumers. They allow you to use the money that the bank is lending you and return it when it…
Why Using Your Credit Card for Emergencies is Risky?
Using a credit card in an emergency sounds like a great idea. If you are in trouble like you need major repair for your car you can pay through credit card. But depending on a credit card to meet unexpected…
Debit Card or Credit Card: Which One to Choose For Your Teen?
There is no doubt that a Spend safe debit or credit card can help your children to form great money handling habits. In the last few years, financial experts have seen more and more parents come up and get their…
A Short Guide to Freedom from Credit Card Debt
It is a fact of life for most people that they have Consumer Credit Card debt. Indeed, most families have between $10,000 and $20,000 worth of this debt alone. If you add the other types of debt, like a mortgage…
Guide to Choosing the Right Credit Card Processing Company
As a business owner, you have a lot of decisions to make, among them is choosing the right credit card processing company. The right company does more than help you accept credit cards or determine what type of cards you…
Five Tips to Avoid Finance Charge on Your Credit Card
Credit cards allow you to make purchases today and then later pay for them and allows you to generate credit cards without any difficulty. But, the convenience of paying can come at a cost over time. If you have to…