Finance Globe

The interest rate, or APR (annual percentage rate), is one of the most important credit card features because it impacts what you pay for carrying a credit card balance from one month to the next. But, credit cards have more than one APR that you should know about. Five Types of Credit Card APRs Purchases APR: The purchases APR will apply to most of your transactions. This is the APR that applies when you swipe your...

Experts say that you should check your credit report at least once a year. Do you know what you’re looking for when you check yours? Your credit report won’t read like an epic novel, especially if you’ve had numerous accounts over several years. Reading your credit report might confusing at first and possibly a little boring. But you don’t have to read it all at once. Go over a few pages at a time, keeping an...

Not every debt collector who contacts you is contacting you about a real debt. Even though it’s against the law, debt collectors have been pursuing so-called phantom debts for years. These are debts that are completely fabricated with the intent of scamming consumers out of money. Surprisingly, collectors have been good enough to convince consumers to pay. Or perhaps too few consumers are aware of their rights with it comes to debt collectors. The FTC recently...

While your working on your taxes over the next few months, it may be a good idea to check and be sure that you filed your 2008 tax return. The Internal Revenue Service announced on Thursday that it has over one billion dollars in unclaimed tax refunds for the tax year 2008, and says the deadline for claiming these forgotten funds is April 17, 2012. (This year’s tax deadline is two days later than usual because...

The housing recovery has been slow and the small progress has often been hampered by a step or two backwards. But overall, industry experts generally speak positively about the direction of the real estate market.Last month, new home sales last month dipped 0.9% from December’s revised figures, but remain 3.5% above levels from January 2011, the National Association of Home Builders reported on Friday. Also, the inventory of new homes for sale continued to drop to...

One of the best things you can hear from your boss is that you’re getting a raise. You might start making plans for the money as soon as you hear the good news. But, make sure your plans include a few things that will improve your overall financial well-being. Put it toward your debt. A pay raise is perfect to accelerate your debt payoff. If you haven't been able to pay more than the minimum, a...

A phone call or letter is often the first sign that you have an account with a collection agency. These bills collectors don’t go away easily and some of them have been known to cross the line to get consumers to pay up. How Debt Collections Happen As an adult, you probably have several accounts with various companies: credit card issuers, a mortgage lender or landlord, a cell phone service provider, and other utility companies. As...

“Should I apply for this credit card?” is a question that should go through your mind every time you think about clicking submit on a credit card application or to applying for a credit card over the phone or by mail. If you apply for a credit card that you’re unable to handle, the resulting problems could be more than you’re able to deal with. Here are a few times that applying for a credit card...

The minimum payment is the lowest monthly credit card payment you can make and remain in good standing with your credit card issuer. The minimum payment is just a small percentage of your balance, often 3% to 5%, and paying just that amount means you can use the rest of your money for other things. And while your minimum payment is cheap, it’s actually the most expensive way to repay your credit card balance. Consider a...

One thing you can be certain of with identity thieves and credit card fraudsters, they don’t discriminate with victims. As if job hunting wasn’t hard enough, you have to beware of scams that could lead to credit card fraud or identity theft. Posting your resume online or even just responding to job ads makes you a target for job search scams. There are a few of them to watch out for. Examples of Job Search Scams...