D' Finance Bench

The Right Place To Sit At For Financial Advises

Chasing a Chase Credit Card?

Credit cards indeed have become one of most indispensable tools in managing finances nowadays. Aside from being an effective way of obtaining credit, credit cards also make it easier for people to spend their money the right way. That is why making the crucial decision of choosing the right credit card should be paid more attention.

One of the most popular brand names of credit cards in the market today is the Chase credit card. Like any other credit cards, Chase credit card is a brand name of credit card like MasterCard or Visa that is accepted worlwide. Aside from Chase credit card, the company also offers travel cards, Auto & Gas cards and student cards. Indeed, there are a number of ways in which Chase credit card can be advantageous and beneficial. Probably, the best feature Chase credit card has is the convenience it offers to busy and working people. A Chase credit card is also perfect for customers who are comfortable online. Aside from making it easy for the customer to maintain their account online, Chase credit card lets you check your balance and pay your bills through a secured web site.

Having a chase credit card is quite convenient for the customer because it lets the credit card holder purchase goods easily and quickly whether they buy it directly, over the phone, or even on-line. Since Chase Credit cards are international cards, it is beneficial for people who travel a lot because they can use it all over the world wherever they see the Chase credit card logo.

More and more people are choosing a Chase credit card because it offers a lot of credit card processing alternatives. Because Chase credit cards offers a wide array of processing options, many people appreciate it compared to other brands. One of the most enticing offer Chase credit cards has is that it is available in numerous places. Chade credit cards also offer many deals and promotions like lower introductory APRs and waived membership fees that allow the holder to save more money.

There are alos many types of Chase credit card that offer reward programs for every purchase the holder makes. For instance, one type of Chase credit card allows you to earn travel miles for every dollar spent using your your Chase credit card. Another type of Chase credit card also allows you to earn reward points for every dollar you spend. These points will then enable you to purchase from a Chase credit card catalogue and they will have your chosen item shipped to right next to your doorstep! These reward options you get from using a Chase credit card are great because it will give your tangible gifts and rewards, free trips and wonderful merchandise without spending a single cent. A Chase credit card is handpicked by many people because its company makes sure that they give good customer service to its customers. Aside from getting all the great deals the card offers, having a Chase credit card can also give the holder instant access to customer support around 24/7. This will enable the customer to contact someone if his or her Chase credit card is stolen. Apart from this round-the-clock feature, Chase credit card also protects its customers from identity of thieves.

When you apply for Chase credit card, some of the benefits include 0% intro APR on all purchases and balance transfers you make for up to six months. Chase credit card does not charge any annual fee so it will fit your budget and, a Chase credit card have interest-free grace period as long as you pay your bill in full each month. Having a Chase credit card also allows the holder to earn cash rewards on purchases and cash rewards. Apart from these, chase credit card has no balance transfer fee for balances transferred during the introductory period and you have the privilege to apply online over a secure server.

Although it offers a lot of advantages, bear in mind that a chase credit card it is still a credit card. And like any other credit cards, there are also a number of ways in which chase credit card usage can be less positive.

September 23, 2012 Posted by | Credit Card | , , , , , | 1 Comment

How fast is your credit card processing?

Are you ready to swipe your credit card for the very first time? Really? Or are you already on your way to your second credit card? By the way, do you know it takes ages for you to get your credit card processed?

Well, for starters let’s look into the credit card processing stage of your application and why does it take you ages to have that other card.

The first thing that your bank looks into in the stage of credit card processing is the account that you have in other credit card companies. Normally this part of the credit card processing stage—this is where people in banks get down and dirties with their records and other companies’ records. This would also include how long was the credit card processing stage when you applied for your other cards. This usually means that your bank is trying to find out how much your worth really is. This is the part where they categorize you in subgroups. This also usually means that it’s either you’re a good payer or they would have a have time chasing after you state to state.

If this happens in the credit card processing stage, the bank would usually require you to give them an alternate address where they send you the bill, by the way this just means that they want to be sure that you are going to pay! And if you get past this stage of the credit card processing with minor injuries to your ego, the next step will be to find out if you have any unpaid balances or other credit card processing with other banks. This just means that they are trying to find out how cards are able to for and you’ll be able to pay for theirs once you’ve passed the credit card processing stage. They usually do this to counter check if you do have the capacity of paying for a number of credit cards so they won’t get stuck a person that cant. And when you get passed this stage, still with minimal damage to your ego, the next step in the credit card processing stage is to verify your identity as a US citizen.

Because of the US Patriotic Act, everyone trying to get anything in the US is required to have their identities verified because they don’t want terrorist getting anything inside US soil especially getting past credit card processing. And the last part of getting past the credit card processing is to have all the things they need to check in order and to meet the standards of their company, in a nutshell, to get a credit card and to get through credit card processing, you must have other credit cards that are active. Two, you must be a good payer and three you must not have a last name that sounds like you are from Afghanistan—that is. Anyway, you might be having problems when it comes to your credit card processing, most it the time, it’s worth the wait. Credit cards is great financial tool is used correctly and properly. It will enable the credit card holder to manage his or her finances. Having a credit card also ensure not only your money and your life as well because it is very convenient compared to carrying cash or checks every time you have to buy or pay for something.

 

 

September 23, 2012 Posted by | Credit Card | , , , , , | Leave a comment

Is Buying Better Credit Ethical?

If you have a low credit score, it can have many different repercussions.

A low credit score can affect whether or not you get a mortgage or any other kind of loan. A low credit score can also lead to having a higher interest rate on credit cards. Having a low credit score can also mean being denied for an apartment rental, house rental, or many other necessities.

There are some people with low credit scores that believe they have found a loophole in the system.
If you are an authorized user on a person’s credit account, that person’s account history will actually appear on your credit report. If the other person’s credit account has a positive payment history, you can actually see an increase in your own credit score simply by being included on their accounts.

Even if your credit score is low, if you add several of these other accounts to your credit history, this can actually increase your credit score enough to get approval for a loan or even obtain a better interest rate.

There are actually some companies that offer a service where you pay a fee to borrow someone else’s credit information and apply it to your account.

The way it works is that you pay a company a fee. (This fee can range anywhere from a few hundred up to several thousand dollars depending on how many accounts you want to add to yours.) You give your name and Social Security number to the company and the company will find people that have good credit accounts and will add you as an authorized user to those accounts.

Once the card company has reported this to the different credit bureaus, you’re taken off the accounts.

Believe it or not this is actually legal. The problem is that it’s dishonest. The reason that credit scores exist is to help provide some kind of a safety net for lenders. Being able to deny credit to those who have low credit score helps them to protect their assets.

While the practice of buying better credit might be legal, it certainly is not an honest way to obtain credit; and all consumers pay for this dishonest practice in the long run.

September 23, 2012 Posted by | Credit Repair | , , , , , , | Leave a comment

How to Avoid Foreclosure

Foreclosure is a very stressful ordeal. Many homeowners that are facing foreclosure often avoid dealing with the facts that put them into this situation in the first place.

While there are some home owners that knowingly engage in mortgage fraud and never intend on making a single payment, most homeowners are honest people who have simply been caught in unfortunate circumstances.

Many homeowners facing foreclosure have made payments faithfully for years, but they find themselves in a situation where they are simply unable to make the payments anymore.

There are numerous reasons why home owners can be facing possible foreclosure. Job loss is one of the most common. Having a sudden illness or medical emergency can also be a reason for not being able to make house payments on time.

There are other extenuating circumstances, such as divorce or the inability to pay an interest rate that has increased. No matter what the cause for the situation, there are several steps you can take in order to avoid foreclosure on your home.

The best defense is a good offense. Don’t ignore the situation. Don’t just toss the letters from the mortgage company into the garbage and avoid phone calls. If you know that something is happening and that you will be unable to pay your mortgage payments on time, the very first thing that you should do is call your mortgage lender.

The second thing to remember is that your mortgage holder does not want to foreclose on you. Most mortgage lenders want to work out some sort of payment schedule so that you can keep your house and they will be able to get their payments.

Be honest with the mortgage company. Let them know what your situation is and when they can expect to have a payment. Your main goal is to keep the mortgage company from filing a Notice of Default. If a lender files a Notice of Default, your options are severely limited, so you need to take control of the situation and make the first move towards finding a resolution.

By contacting your mortgage company in requesting time to make up the payments that you have missed, you’ll be well on your way towards avoiding foreclosure.

September 23, 2012 Posted by | Mortgage | , , , , , , , | Leave a comment

Explain To Me What Mortgage Loan Modification Is

What exactly is “mortgage loan modification”?

It seemed like almost everyone knows the benefits of this. Are you aware how mortgage loan modification can help you avoid foreclosure? Continue reading

September 21, 2012 Posted by | Loans, Mortgage | , , , , , , , | 4 Comments