Welcome to CreditCardWhizKid.com! The only place where I, Sean Masterson, will provide you with cutting-edge, in-your-face, up-to-the-minute credit card tips and advice.
Why should you listen to anything I have to say about credit cards? Because I'm 24, debt free and living well -- the way millions wish they could.
So what does someone my age know about credit cards? Everything, actually. I know what games the credit card companies play, and how to beat them. I know how hard it can be to wake up, suddenly realize you're thousands of dollars in debt and wonder how you got there and how the heck you're gonna dig yourself out of the hole. Been there, done that, not doing it again. And that's where this site comes in.
I'm not just a numbers geek. I care about the millions of people, both young and old, who need help with their credit card situation. Whether you've never had a credit card before, have perfect credit or have credit that's so bad the secured card companies won't even look at you, I've got the right advice.
So forget everything you thought you knew about credit cards. This site is going to show you everything you wish you knew about credit cards and everything the credit cards companies pray you never find out. Let's get going...
When people talk about finding the best credit cards after bankruptcy, there's an unspoken assumption that they'll have to settle for a poor card. In other words, they're looking for the best of a bad bunch.
But strangely enough, that isn't always the case. If you rebuild your credit rating, then in spite of -- or sometimes even because of -- that bankruptcy on your credit report, you could find yourself getting the best cards of all.
We all want to eliminate credit card debt, and chances are you can do it more quickly than you think. Now, I'm talking here about a reasonable amount of debt. Naturally, if you're forty thousand dollars in debt, it's going to take more than a few months to get rid of it. But even so, the tips in this article will get you well on your way to debt elimination.
With the economy in its current state, you may be thinking about your credit card -- what you can do to protect yourself, reduce your debt, and make sure your credit score doesn't suffer as a result of an economic slump. The following tips help you weather the downturn until its inevitable upswing -- and maybe even come out in better shape than you went in.
Believe it or not, you actually can get the best credit cards after bankruptcy. And I'm not talking secured cards or cards that have major limitations on them, either. Bankruptcy leaves a huge black mark on your credit record, but it's also a sign that you've been to the bottom and learned your lesson. Very few people declare bankruptcy a second time -- once is usually enough!
Given that, many credit cards actually court people who have declared bankruptcy. If you want them to find you, follow these simple tips.
With the growing economic crisis, credit card debt has become a massive burden for many people. Perhaps it's not surprising that there's a growing movement of people who think the answer is to eliminate credit card use altogether. But while these people advance seemingly logical arguments, it still comes down to one thing: responsible credit card use is better than avoidance.
When it comes time to apply for secured credit card services, many people jump the gun. Some wait far too long to rebuild their credit while others apply for a service they don't really need. Before you take any financial steps, always be well educated, informed, and ready to counter anyone who might want to take advantage of you. With that in mind, here's the low down on secured credit cards.
The Bank of America secured credit card isn't the only secured credit card around, but it is a practical method of rebuilding credit with a reputable financial institution -- not to mention one that can help issue you a new credit card after several months of responsible use. All of that makes the Bank of America secured credit card an excellent option for those with not so fantastic credit histories
With the holidays coming, many people simply accept that their credit card debt will see a massive surge before the 25th of December. But while it may be true that you spend a little bit more during the holidays, keep from losing yourself in the January terrors of your credit card bill!
Anonymous prepaid credit cards are fantastic holiday gifts (or anytime gifts, really) that allow your friends or family to save face and get some much-needed money. Let me tell you a little story. As a kid, my parents, through no fault of their own, lost their jobs. Our family struggled, and a close relative tried to give us five hundred bucks to tide us over.
To my parents, that was the ultimate blow to their pride. Not only did they refuse the money, they were angry at that family member for years. What was meant as a kindhearted gesture became a family rift.
Anonymous prepaid credit cards are perfect for these situations.
My own search for unsecured bad credit credit cards followed a rocky path. At one point my credit was so poor I just couldn't even think of applying for a mainstream card, and it was coming down to the choice of secured credit card or nothing.
The problem with a secured credit card, of course, is that it's not a credit card at all -- you have to have an account in place specifically to cover your credit card purchases. In fact, it's more like a debit card that accumulates interest. If you have bad credit and simply want to rebuild your history, such a card can be very useful. But if you actually need credit, it's not much good at all.
