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Credit
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Minimum Monthly Credit Card Payments on the Rise
Under pressure from the U.S. government, banks are increasing the minimum monthly payments. This can mean both good news and bad news for consumers, though it is supposed to be designed to assist cardholders with paying off debt. It is estimated that more than 40% of Americans carry a revolving balance on at least one credit card.
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Causes Of Bad Credit Reports
The importance of a positive, error-free credit report should never be overlooked. This becomes all the more important when circumstances are such that it becomes imperative for you to borrow money.
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Guaranteed Approval Credit Cards for Bad Credit
You can still get guaranteed approval credit cards for bad credit even though you have poor credit history. Many credit card companies provide credit cards with guaranteed approval for bad credit to help you improve your credit rating and at the same time enjoy the benefits of the credit cards.
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The Lowdown on Discover Student Card
Students have all the luck. As they do not have a credit history, they start on a clean slate and some credit card companies won’t hold this against them. This is why corporations such as Morgan Stanley offer the Discover Student Classic Card which is specially catered to meet the needs of students.
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The Lowdown on Citi Driver's Edge
The Citi Driver's Edge Platinum Select Card from Citibank, is a credit card with a unique reward program that focuses on automotive related perks and benefits. Designed for the good credit individual with a penchant for cars, driving and automobiles in general.
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Credit Scores are Not Universal
Credit scores are not universal. In other words, you could pull your credit score from all three credit bureaus and find that they not only don't match each other, they won't match the FICO score that your lender accesses.
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What is Debt Validation?
If you have been surfing around looking for credit repair information, you undoubtedly have run across the term debt validation.
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0% Credit Cards: Relief from Rising Interest Rates
While the prime rate has doubled over the past two years, variable interest rates on credit cards have followed suit. With each increase of the benchmark prime rate comes the potential for similar increases in your credit card interest rate. Fortunately, 0% APR offers are still around to help you cut down on interest expenses.
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