Can I receive credit back for stolen products I bought on my credit card?
Yes. In some cases, your credit card issuer will cover all or part of the cost of an item you report as stolen or accidentally damaged. Many of us wouldn't even think to ask our banks if they'll share the burden of bad luck with us. However, a few credit cards now promote their purchase [...]
I am looking to apply for a credit card where I can add an authorized user with a cap on the limit that the authorized user can use. What are your recommendations?
Q: I am looking to apply for a credit card where I can add an authorized user. In addition, I would like to be able to put a cap on the limit that the authorized user can use. My Experian FICO score is a 693, what are your recommendations?
A: The right credit card offer for [...]
I'm looking for the best credit card offer with benefits of extended warranty, price protection, purchase assurance, and satisfaction guarantee.
Sounds like someone really likes to hunt for bargains! While most credit cards give you plenty of protection at the cash register, a few cards rise above the rest when you need to fight for your consumer rights.
Making any purchase with a credit card gives you added protections and benefits that you simply can't get [...]
Is it better to pay off your credit cards in full every month or leave a manageable balance?
An excellent question with kind of a complicated answer, since I can easily say "yes" in both cases.
Ideally, you should always pay your credit cards in full every month. Yes, you'll hear that credit issuers like to see a debt-to-credit utilization ratio of about 25 to 30 percent, meaning that if you have a credit [...]
A friend of mine is an authorized user on a credit card in which the primary card holder has a large balance. How can she get her name off of this card?
Question: A friend of mine is an authorized user on a credit card in which the primary card holder has a large balance. How can she get her name off of this card and is she responsible for paying off the balance, none of which is her charges. Lastly, does this affect her credit? Any [...]
Can you explain how to use the convenience checks that come with credit card statements?
Question: Can you explain how to use the convenience checks that come with credit card statements?
Answer: The blank checks that come with your credit card statements are called convenience checks. Many consumers find it appealing to be able to write a check without the money coming out of your checking account. But this isn't free [...]
How often do you have to use your credit cards to keep them active?
Question: How often do you have to use your credit cards to keep them active?
Answer: The answer to your question will vary depending on your creditor. Therefore the exact answer is probably written on your contract or available by contacting your creditor. Keep in mind, however, that in this economic crunch, creditors do not [...]