Credit Card Offers

A local Fox affiliate yesterday broadcast an entertaining report that included a list of six purchases generally unwise to charge to your credit cards.

Credit card use that can be dumb

The six were:

1. Gambling spreeif you want to go on one, set a limit, take cash and leave your cards at home.
2. College tuitionusually a bad idea unless you know you can pay it off quickly.
3. Lavish weddingsave up; you dont want to begin your marriage in debt, especially with credit card rates the way they are.
4. Plastic surgeryunless your ambition is to make out with a debt collector.
5. Tax billsnegotiate a payment plan with the IRS if you cant settle a big tax bill immediately.
6. Luxury vacationswill those memories be as sweet when youre sleeping in your car?

Credit card debt and changing times

It wasnt that long ago that charging many of these to your credit cards would have raised few eyebrows.

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In the future, credit cards may require an extra layer of security to process transactions, such as a retinal or fingerprint scan. It may also be possible that they will be printed with the card holder’s picture on them. For now, however, anyone who simply has possession of a credit card can use it, as there are very few stores which ask for identification with the use of a credit or debit card (as long as the card is run as credit and not as debit which does not require a pin). This, of course, makes these credit cards an attractive target for thieves and would-be fraudsters. Yet, there are some steps that consumers can take to protect themselves from losing their card, or from getting it stolen.

One tip is to decline to sign the back of the credit card. F

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Choosing a credit card from those available on today’s market can be difficult. Not only can credit cards have many hidden terms and conditions, but some of them simply represent a bad deal for the consumer. B

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Its not easy being a stay-at-home mom or dad. Childcare, homemaking, cooking… the list of chores and tasks is seemingly endless, and the hours are often punishingly long. These stresses can place such serious strains on relationships that they sometimes end in a break up.

At the moment, such strains can be alleviated by a sense of financial independence. The stay-at-home spouse or partner can have his or her own credit cards and functioning credit score, which can make the person feel less trapped and unhappy. A

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It is an alarming fact that credit card thieves account for 5 cents of every 100 dollars in transactions made through credit cards?  Security features have come a long way since the inception of credit cards.  At the very beginning, there wasn’t any protection for people with credit cards.  If a thief got a hold of a card, that was all that was needed to commit fraud.  Nowadays, however, thieves have less ability to make fraudulent transactions on a card, especially ones which harm the card holder.

These days, credit card companies have adopted a “zero-liability” policy.  This means that the customer isn’t liable for any of the purchases that a thief makes.  If the borrower didn’t authorize the purchase they are not held accountable.  An investigation, which involves the credit card company and the police will ensue, allowing them to find the thieves and leave the consumer without any charges to pay.  No matter what the thief does with a card, the customer is not liable.

Sometimes, thieves will try to gain access to credit card details through the borrower’s email inbox.  This is called phishing, and is usually carried out by sending an email requesting the credit card number.  Customers should be aware that neither Paypal nor credit card companies will ever ask for personal information.

Some websites on the Internet today are fraudulent, being created to make borrowers believe that they are making a purchase which will get a product delivered to their home.  In reality, they can make exorbitant charges to the card and leave the customer with very little in their account at the end of the transaction. Consumer should be awa

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Japanese commerce is struggling to maintain its reputation for excellence. First, Toyota had to recall some of its models. Now, Sony has apologized for potentially exposing the details of 10 million credit cards to hackers who gained access to its PlayStation Network systems, according to a Los Angeles Times report.

Whether or not your details were held on the PlayStation Network database, you may well be feeling less secure about credit card use in general. But dont panic.

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