Credit Federal's credit card facts quiz.

How many credit card facts do you know? Take Credit Federal's credit card quiz... the facts may surprise you.  Free credit tips.

Tired of Searching for a Credit Card? The company below offers a FREE credit card matching service * Bad Credit OK *     * Compare Matches *     * No Obligation * FREE Credit Card Matching Service Bad Credit OK Secure & Safe Free Service No Obligation

Is it better to have a fixed-rate credit card than a variable rate credit card so you don't have to worry about your APR being raised?
Answer: Rates on both fixed and variable cards can be adjusted by the issuer.

Is paying only the minimum monthly payment a good way to pay off your credit card debt?
Answer: If you pay only the minimum amount you'll spend lots more on interest charges and it'll be years before your balance is ever paid off.

If you do not purchase credit card theft insurance, will you be responsible for whatever charges a thief puts on your account if your card is stolen?
Answer: If your credit card is stolen, you are responsible for $50 at most, as long as you report the theft as soon as you are aware of it.

If you no longer use a credit card, will the account close automatically after ten months of inactivity?
Answer: A credit card company may not close your account automatically just because you no longer have a balance or are not using the card.

Are there almost 1,000 Americans a year victimized by identity theft?
Answer: Actually, as many as 750,000 people a year fall victim to identity theft.

Does the Fair Credit Billing Act give you the right to withhold payment on poor quality or damaged merchandise purchased with a credit card?
Answer: This is one of the useful protections credit cards offer. You first must make a reasonable attempt to resolve your dispute with the merchant, but if that doesn't work, contact your credit card company.

Can you get a lower rate on your credit card simply by asking?
Answer: Credit card companies have no incentive to lower your rate unless you ask.

Must credit card companies give you 60 days notice before raising your rate?
Answer: Federal law only requires that the company give you 15 days notice prior to a rate increase for a fixed-rate card.

Are credit card issuers required by law to charge the same rate for purchases as they charge for cash advances?
Answer: Card issuers can charge a much higher rate for cash advances.

Do you damage your credit every time you order your credit report?
Answer: Numerous credit report inquiries from lenders can affect your credit rating, but checking your own report doesn't have a negative effect.

Is a secured card a credit card with a rate guaranteed not to increase?
Answer: It's practically impossible to find a credit card with a rate guaranteed not to increase.


Understand options for a credit card for bad credit and the meaning of pre-approved credit card offers. Choose an unsecured credit card, secured card, or an instant approval guaranteed card.

Free credit card interest calculator to calculate credit card payments and how long it will take to payoff balances. Learn how to avoid credit card debt. If you have excellent credit, you may qualify for a 0 intro balance transfer card. If you do not have excellent credit and are looking for a balance transfer, consider credit counseling instead.

Get help choosing a credit card that's right for you and your credit, and for your spouse if you need a joint credit card. Get a small business credit card or a student credit card.

How to read a credit card statement.

Understand that even a no deposit credit card may require an activation fee or an annual fee, and learn the difference between a guaranteed platinum card and a unsecured platinum credit card. Both offer an unsecured credit line, but only one is a true credit card which allows purchases wherever the major credit card is accepted, whereas the other only offers purchases from a pre-selected catalog.

Review credit card benefits of a pre-pay credit card and a debit card.

Credit Card

The year started off with much gloom, with card offers having higher fees and not many perks. That is changing as incentives are picking up in the way of credit card offers. One indication is even the young are getting card offers in mailboxes. Credit card solicitations are tracked and it has been estimated that over two billion were sent out last year, that number appears to have increased about sixty percent since 2009. More reward programs and incentives are going to lure in new customers for big companies.

Expect good cash back offers and better perks in the way of travel cards for this coming year. Along with better offers and the fact that the new federal rules are being managed just fine by credit card companies, will lead the way for cardholders and issuers. Discover has a five percent cash-back bonus for purchases in specific spending categories and more for spending online, it is worth the time to check out the Discover card offers. For people with good credit, who must travel frequently, there may be even more perks and bonus offers. Compare cards as some may not have annual fees.

Prime rates may increase making some people worry about card interest rates, but even so, there will be low fee offers just due to the competition. Along with a recovering economy will come an increase in rates. There will always be some card offers for zero percent balance transfer people, who have the best scores. Many consumers can take advantage of cards with good introductory rates or low fees. Some cards may offer a small rate for a couple of years, and issuers will need to be creative in marketing their offers. Balance transfer fees can vary and fees for cash advances, be sure to compare card offers as they may offer more benefits in the future.

Credit Cards VS Charge Cards Which Is Better	Credit Cards VS Charge Cards Which Is Better? Credit cards and charge cards serve the same basic purpose... to charge purchases for payment later. As such, the term 'charge card' is often used to describe both although there are important differences.
Credit Card Shaving Scam	Learn how the credit card shaving scam works, and how to report the scam.
How to Dispute Unauthorized Credit Card Charges	Report unauthorized credit card charges within 60 days so you can have the fraudulent charges reversed.
Ways to payoff Christmas credit card bills and debts	You could use gift cards, cash, credit counseling or debt settlement to get rid of Christmas bills.
Christmas Credit Card Bills	Combat high credit card bills due to Christmas charges. Balance transfer to a 0 intro card.
Christmas Credit Card Bills	Christmas credit card debt? Do It Yourself free debt settlement, credit counseling or a credit card debt consolidation loan to pay off Christmas bills.
More Easily Understand Credit Card Agreements	ConsumerFinance.gov developed a shorter, simpler credit card agreement that spells out the terms for the consumer. Note that this is not a model form, and use is not mandatory. This simplified approach will help consumers better understand their credit card agreements.
Credit card cancellation letter sample	Credit card cancellation letter sample - You can download/print this letter to send to your credit card company in order to close-out an account.
Credit card debt cancelation letter	Credit card debt cancelation letter - You cannot simply stop paying credit card debts you had accrued. Even if you send your credit card company a cancellation letter; and even if you tear up your card, you are still responsible for paying any and all unpaid charges, transfers and fees.
Very Personal Loans	Following legislations that are restricting growth in the credit industry, many Americans; particularly bad credit people, are finding themselves without credit availability. Instead of getting approval for high interest credit cards and loans, they are instead being totally rejected because of laws that prevent creditors from offering flexible rates based upon whether the borrower is a low or a high risk.

Chargeoff Christmas credit card debt	chargeoff Christmas credit card debt
Christmas Debt Personal Loans	A long term debt consolidation loan to payoff Christmas credit card bills.
Get Out of Christmas Credit Card Debt	Free tips and advice on how to get out of Christmas credit card debt. Research our library of debt tips and advice on how to manage your personal expenses. Download our free expense tracking software.
Credit Card Error Codes: Response Reason Codes and Response Reason Text	Credit Card Error Codes: Response Reason Codes and Response Reason Text
Why People Choose Credit Cards	Credit Card News - People choose credit cards; whether secured or unsecured credit cards, because the benefits can outweigh the bad.

CreditFederal.com     Info     Affiliates     Advertising     Privacy Policy / Terms     Credit Search     Site Map

Instant approval credit card application and a bad credit personal loan with no credit check. Improve credit with our free tips.