Online Credit Card Help

Credit Card 321 - Guide to Credit Card Offers

June 16th, 2009

In today’s economy chosing the right credit card is more important than ever. Making an educated decision is critical for consumers opening new lines of credit at today’s rates. Credit Card 321 is an online guide for consumers who are searching for a credit card. The site lists over 100 major credit card offers and all the details associated with the particular credit card.

Using Credit Card 321, you can easily find credit cards that offer advantages such as air miles, gas rebates, rewards and 0% balance transfer. You can also browse through credit card offers for people with bad credit, student credit cards and prepaid or secured cards.

Credit Card 321 also allows you to browse credit card offers by issuer. The site contains offers from all the major issuers such as American Express, Capital One, Discover card and HSBC bank.

One interesting feature of Credit Card 321 website is that they have “Top 50 Daily Rankings” where the top 50 credit card offers in their database are shown to website visitors organized by their ranking.

Overall, Credit Card 321 has a very clean design and layout, is very easy to navigate and simple to use, yet full of pertinent information for consumers doing their due diligence before applying for a credit card.

If you’re shopping for a new credit card, give Credit Card 321 a visit. You won’t be disappointed.

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Beware of Credit Card Skimmers

June 12th, 2009

Would you catch it if a cashier or salesperson swiped your card through two card readers in one swift movement? Would you ever be able to tell if the gas station where you swipe your card at the pump had a “bug” that saved your data both to the pump and to the “bug” for later retrieval by a thief? Most consumers are rarely aware of these skimmer devices until it’s too late.

This kind of credit card theft - the use of credit card skimmers - is becoming more and more widespread. Small skimmer units operate by swiping the credit card’s magnetic strip through them just as an ATM or a point of sale for making a purchase. Clever thieves have learned how to attach these units to existing credit card readers so they are nearly impossible to detect when one is being used. When a card is swiped through the reader, the card number, account holder name and address and sometimes even the pin number are stored so the thief can access it later. From the stored information (on however many credit cards the thief was able to “skim” through the machine), counterfit, “cloned” credit cards are created and then used to make purchases.

Unbelievably, it is not difficult to get a credit card skimming machine. They can be searched for and purchased online, making it possible for any aspiring thief to gain access to a skimming machine for around $300. Thieves can then choose to sell the card information to “companies” who make counterfit credit cards; or perhaps they’ll purchase the equipment necessary to create their own fake credit cards, for around $10,000.

Credit card losses due to credit card skimming theft is estimated at $1 billion each year.

If you’ve been the victim of credit card fraud, you should know that the Truth in Lending Act limits your liability to $50 is the card has been stolen or lost. Most card issuers waive that $50 fee, as well. But don’t think all cardholders aren’t paying for these crimes- because we are; in the form of higher interest rates, finance fees and miscellaneous fees. Consumers who are victims of identity theft/credit card fraud also pay in the time it takes to fix their credit reports. It can take months of phone calls and letters to credit reporting agencies to get errors removed and corrected from your credit report; and it’s possible that not all errors will ever be fully corrected which can impact your future ability to obtain credit; or affect the interest rates you pay on the money you are able to borrow.

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Credit Cards for Bad Credit at BadCreditOffers.com

April 13th, 2009

The current economic crisis has found millions of consumers who once had good credit applying for bad credit credit cards and credit cards for bad credit. It’s no suprise that there are numerous lenders ready to make these risky bad credit loans but consumers who are seeking these lines of credit are urged to perform some basic due diligence before accepting any offer, no matter how tempting it may seem.

BadCreditOffers.com specializes in comparison of bad credit credit cards and credit cards for bad credit. Consumers can browse through the various offers available and make side-by-side comparison of card offers. You can apply on minutes and get an approval in minutes.

So if your’re in the market for a credit card and your credit rating is questionable, visit BadCreditOffers.com today. A bit of careful research using an online information source can save you a lot of heartache and money down the road.

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Credit Card Companies are Tightening Their Grip on Consumers

April 6th, 2009

When was the last time you looked at your credit card statement? When you did, you might have received a nasty surprise. Credit limits are falling off and interest rates are rising as a direct result of the credit crunch. If you previously enjoyed low interest rates before, don’t be shocked if they more than double in the future.

Even as card holders are protesting the changes made to their accounts, credit card companies are unsympathetic to their pleas. Before the credit crisis, card companies might have been sympathetic to the occasional late payment. Maybe even extend the grace period on purchases or waive late fees and penalty interest, but not anymore.

These days card holders who miss a payment by one or two days find themselves strangled by 30% interest rates. Pleading calls to card companies are largely unsuccessful; customer service agents apologize, but claim that they are simply unable to waive any fees at this time. That’s because banks and other lenders, scared silly – and justifiably so – by the current economic climate, are tightening their purse strings and their standards. To maintain good relations last year, card holders simply needed to pay in a timely manner and communicate with their lenders when a late payment was unavoidable.

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