Credit Card Lounge

Question? What makes people keep using them when they see the destruction it is causing?

Many people, mostly younger folks and women, have so many credit cards they end up in severe debt and ruin their credit for many years to come. Credit card applications are mailed out by the tons and people keep activating them knowing the interest rate is or will be up to 20% or higher. Everyone needs at least one credit card and no more than two. You also need one revolving (department store) credit card to establish a good credit history. The limit on the credit card(s) should be no more than 10% of your annual salary and the revolving card half that. Always make a minimum of a double payment on all your credit cards and pay on the due date. Never ever be even one day late. The interest rate and late fees will destroy you. If you are experiencing problems the first thing you need to do is carefully cut the cards up and throw them away. If you can not afford to pay the total monthly bill attempt to get a consolidation loan to get out of debt. The monthly payment will be less than the total monthly payment of all your cards with a much lower rate. Some banks and credit unions will be willing to help you out if they know why you are taking out the loan. Financial debt can create so much strain it can even destroy your peace of mind and your marriage. Don’t fall into that trap.

Would I be able to do that the above even if this is my first time applying for a credit card?
BTW I have a stable secure good paying job that I will be able to pay it by each month..

I received an offer in the mail for an AMEX Delta miles card that was much better than what they offer online. My girlfriend just called to try to get the same offer but the sales sperson said that she needs to receive the offer in the mail. Is there anything that she could do to get the same offer in the mail? We’re both on the do-not-mail list so we hardly ever get random credit card offers.

I am an internet marketer and I am interested in advertising credit cards. I need to be able to incentivize the offers so consumers complete the credit card applications. I understand credit card companies give incentives such as free points or miles, but I need to be able to give something immediate to the consumer for completing an application.

What credit card companies allow marketers to incentives an offer?

Dear Sirs, I wish to use yahoo premium service but I can’t pay via my Visa Card. If it is due to political limitations please note that I’m not a poletician, then why shall I suffer?
I’d greatly appreciate if you kindly find a solution.
Details of the credit card would be dispatched to your good center if it helps, as I have full trust on your good organization.

Awaiting your kind prompt reply.

Sincerely yours,
Capt.M.Mehdi Karimi

For example if you are approved for an overstock.com card they take $30 off your order.

I want to know whether or not the visa credit card number is valid after the expiration date or a new number is issued and if theold number is valid how the expiration date is changed, I mean for how long the date will be extended? 4 years, 5 years or …

There are lots of offers that give away free stuff for signing up for a credit card. Assuming that I just sign up, get the reward and then cancel, does that hurt my credit or anything else? Thank you

I am going to the Amalfi coast next week. I am wondering how reliable the Visa will be in restaurants, stores, etc. Thanks!

I just tried submitting an online application for Capital One after receiving an offer in the mail but it was denied right away. I read somewhere that your credit score can be lowered from getting denied from too many. It’s my first time trying to get one so I’m not sure what I’m supposed to do. How am I supposed to know which ones will deny my application? What should my next step for getting a credit card be?