Selecting A Credit Card Offer

How many "pre-approved" credit card offers do you get in the mail in the average month that seem to shout at you to accept the offer before it expires? If you're in the market for a credit card, take some time to shop all the offers to get the best credit card available to you.

First, look into the credit card terms and conditions. These are the fees associated with making purchases on the card, transferring balances to the card, taking cash withdrawals, and late fees. You can easily compare the annual percentage rate between credit card offers.

The annual percentage rate is a way to measure what the credit actually costs you. Beware of variable annual percentage rates- and if you are considering credit card offers with variable APR's, find out how often the rate can be changed, how it effects the finance charges you are billed each month, and what the rate is based on.

Read more at: Credit Card Offer

How to Choose a Business Credit Card

As you start a business, you'll be paying out money left and right for various fees and supplies needed to get things going.

If you're expanding your business, you'll most likely be in the same situation. One of the best ways to handle expenses for your business, whether they are start up costs or ongoing incidentals that occur, is to obtain a business credit card.

With a business credit card, you'll have an organized reporting of expenses in addition to a quick and easy way to pay for your purchases.

Choosing the best business credit card takes a little more research than finding one for your personal use, but the time spent educating yourself on credit limits, interest rates and repayment options will pay off in the long run.

Read more at: Business Credit Card - How To Choose A Business Credit Card

Also see the resources on "Business Credit Card".

Americans rack up additional credit card debt

WASHINGTON - Americans increased their borrowing in June 2006 at a much faster pace than expected, with the rise led by higher credit card debt.

The Federal Reserve reported Monday that consumer borrowing rose at an annual rate of 5.7 percent in June, up sharply from a 3.3 percent increase in May.

The June advance reflected a rise in consumer debt of $10.27 billion at an annual rate, much larger than the $3.7 billion increase economists had been expecting.

Read more at: Credit Card Debt

One blogger's cautionary tale about credit card debt and how to pay it off

Tricia lives on the Michigan peninsula, a rural area with an abundance of trees but few jobs. She's 29, married, the mother of a 4-year-old son, a college graduate (in forestry) and a homeowner.

She and her husband have a negative net worth of $48,477.

That means when you subtract their debts from their assets, they still owe $48,477. How do I know this?

Although Tricia is soft-spoken she has posted the family assets and liabilities on the Web. She also posts a monthly tally of her main focus, their credit card debt. As of July 21, it was $29,999, down from $37,614 in early February.

Read more at: Blogger's Credit Card Debt

You can check this by visiting Tricia's Web log, www.bloggingawaydebt.com.

British credit card spending 'on the up'

Britain's summer credit card spending is expected to be 35 per cent higher than at the same time last year, according to the Morgan Stanley Card Index.

Between July and September 2006, increased spending on large and small items will boost credit card bills, the index suggests.

Foreign holidays and travel expenses are set to account for £331 of the average Briton's credit card spending, which is £110 more than the same period last year.

Read more at: Credit card spending 'on the up'