Your card issuer knows you are broke

 

If you are one of those thousands of Americans using credit cards to buy grocery and fill gas in your car, because you do not have cash at all, then here is some bad news. All major credit card companies know by now that many users are broke, according to a New York Times report. So card issuer are now expected to adopt stricter measures to avoid credit card debts like charging higher interest rates, lowering credit limits, charging higher service fees, penalties and so on.

If you have been using your credit card all along without knowing your credit card offers compared to others you could try credit card comparison now. That will help you get a better idea of the best interest rates and reward points available in the card market. As for those with a huge card debt and zero income, your only option now would be to check credit card offers with zero interest balance transfers for a limited period. 

 

POSTED BY Administrator ON 11.14.08 @ 11:35 am | 0 Comments

Are you a call person or texting person?

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Call it an imbibed habit or the result of financial crisis; Americans are using their cell phones more to texting messages than to make calls, according to a Nielsen Mobile survey. In the second quarter of 2008, US mobile subscribers sent and received an average of 357 text messages per month as against making and receiving 204 phone calls a month, the survey adds.

The recent increase in texting could be related to the recent financial crisis that has left lesser money for the average American to spend. Because in most cellphone plans  texting works out much cheaper than making calls and a few plans have unlimited texting option. In fact, teenagers between the age of 13-17 text the most with an average of 1,742 messages sent and received a month, the survey adds. Thankfully there are many websites that compare cell phone plans and help in choosing the best cell phone plans.

POSTED BY Administrator ON @ 11:24 am | 0 Comments

Are you a call person or texting person?

 

Call it an imbibed habit or the result of financial crisis; Americans are using their cell phones more to texting messages than to make calls, according to a Nielsen Mobile survey. In the second quarter of 2008, US mobile subscribers sent and received an average of 357 text messages per month as against making and receiving 204 phone calls a month, the survey adds.

The recent increase in texting could be related to the recent financial crisis that has left lesser money for the average American to spend. Because in most cellphone plans  texting works out much cheaper than making calls and a few plans have unlimited texting option. In fact, teenagers between the age of 13-17 text the most with an average of 1,742 messages sent and received a month, the survey adds. Thankfully there are many websites that compare cell phone plans and help in choosing the best cell phone plans.

POSTED BY Administrator ON @ 11:21 am | 0 Comments