Credit Card Advance – Quick Cash Advance CVWZ http://quickcashadvancecvwz.com/ Mon, 15 Aug 2022 10:51:18 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://quickcashadvancecvwz.com/wp-content/uploads/2021/05/default-1.png Credit Card Advance – Quick Cash Advance CVWZ http://quickcashadvancecvwz.com/ 32 32 IHG American Express 15% discount for stays in Southeast Asia + Korea until December 30, 2022 https://quickcashadvancecvwz.com/ihg-american-express-15-discount-for-stays-in-southeast-asia-korea-until-december-30-2022/ Mon, 15 Aug 2022 08:58:16 +0000 https://quickcashadvancecvwz.com/ihg-american-express-15-discount-for-stays-in-southeast-asia-korea-until-december-30-2022/ IHG has now launched its Visa (learn more here) and Mastercard (learn more here) offers also with American Express. Amex cardholders save 15% on stays in Southeast Asia and Korea through December 30, 2022. Must book at least three days in advance and are not prepaid (check hotel rules). ‘cancelation). You can access this offer […]]]>

IHG has now launched its Visa (learn more here) and Mastercard (learn more here) offers also with American Express.

Amex cardholders save 15% on stays in Southeast Asia and Korea through December 30, 2022. Must book at least three days in advance and are not prepaid (check hotel rules). ‘cancelation).

You can access this offer on the IHG website here.

READ MORE: IHG One Rewards Rates and Bonus Points Offers

Note that the stay must include the night(s) of Thursday, Friday, Saturday or Sunday. The tariff plan is a minimum of 15% discount, but the discount can be greater.

Don’t forget to choose the preferred partner rate from the drop-down menu.

Visa and Mastercard offers

IHG Asia-Pacific 15% off visa offer until January 3, 2023

IHG 15% off Mastercard for stays in Asia Pacific through January 3, 2023

InterContinental Singapore

The Amex rate plan was the lowest for a stay in September. Also, there is no prepayment requirement or cancellation fee if done at least two days before the stay.

Conclusion

It makes sense to check the rates for these three credit card offers if you’re planning on staying in Southeast Asia and Korea this year, especially if there aren’t heavily discounted rates available to the public.

Here are the terms and conditions of this offer:

• Offer: 15% off IHG SEAK hotel stays

• Travel/stay period: valid for travel from July 1, 2022 to December 30, 2022, must include Thursday, Friday, Saturday or Sunday stays.

• Blackout dates apply from the hotel.

• Valid with a min. 3 day advance booking with extra person charge applies. Only for the travel period between July 1, 2022 and December 30, 2022.

• Advance reservations must be made prior to arrival. Reservations on the BFR offer maximum flexibility to modify or cancel your reservation. For direct bookings, this rate can be fully modified or refunded up to 72 hours before the day of arrival (depending on the hotel’s accommodation policy). The full cancellation policy is available at https://www.ihg.com/content/gb/en/customer-care/travel-advisory

• Rates are per room, per night and the discount is subject to limited availability and blackout dates and other restrictions set by participating hotels may apply. Tourist taxes may apply in some cities.

• Exchange rates and exchange rates may vary.

• IHG reserves the right to cancel, suspend and/or modify this offer at any time with or without notice. IHG reserves the right of final interpretation of the offer.

• IHG One Rewards membership is free.
Visit www.ihgonerewards.com to register. This offer is eligible for IHG One Rewards points but cannot be combined with any other offer, discount or promotion and has no cash value. IHG One Rewards Membership Terms and Conditions apply, available at https://www.ihg.com/hotels/gb/en/global/customer_care/member-tc.

• via the website www.ihg.com/amexseakoffer or

• Call the hotel directly and ask for the “AMEX promotion”

• Reservations are valid for the types of rooms defined by the hotels, and subject to availability. Blackout dates may apply.

• Breakfast is not included in this room package.

• Maximum of 9 rooms per cardholder per reservation period.

• A maximum of 2 occupants is allowed per room. Check the merchant’s website or contact the merchant for the latest details on maximum occupancy.

• Extra bed charges apply.

• Cancellation is permitted 48 hours prior to arrival to avoid cancellation charges.

• Cancellation made after 48 hours or no-show on the day of arrival, a penalty corresponding to the entire stay / full charge applies.

• For cardholders holding overseas-issued Amex cards, please present a travel document (eg passport) for verification.

• Offer excludes transactions made through a third party institution or payment processor.

• The reservation must be made strictly in the name of the cardholder, non-refundable and non-transferable to other customers.

• For cardholders holding overseas-issued Amex cards, please present a travel document (eg passport) for verification. IHG One Rewards Membership Terms and Conditions apply, available at https://www.ihg.com/content/gb/en/customer-care/member-tc.html.

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A reminder to be aware of financial pitfalls https://quickcashadvancecvwz.com/a-reminder-to-be-aware-of-financial-pitfalls/ Sat, 13 Aug 2022 00:22:45 +0000 https://quickcashadvancecvwz.com/a-reminder-to-be-aware-of-financial-pitfalls/ National Finance Awareness Day is August 14. Although the origins of the day are unclear (tinyurl.com/5fzxx5xz), its general purpose is to encourage good financial practices. Yet awareness means not only creating good financial habits, but also seeing potential trouble spots – ideally, before they cause financial damage. A growing problem is debt. The Federal Reserve […]]]>

National Finance Awareness Day is August 14. Although the origins of the day are unclear (tinyurl.com/5fzxx5xz), its general purpose is to encourage good financial practices.

Yet awareness means not only creating good financial habits, but also seeing potential trouble spots – ideally, before they cause financial damage.

A growing problem is debt.

The Federal Reserve Bank of New York’s Center for Microeconomic Data recently released its quarterly report on household debt and credit (tinyurl.com/55p858st), which was headlined by total household debt exceeding $16 trillion. during the second quarter of 2022. Overall, debt balances are now $2 trillion higher than at the end of 2019, before the COVID-19 pandemic took hold.

While mortgage debt ($11.39 trillion at the end of June) made up a large chunk of the total, credit card balances rose $46 billion from the first quarter to $890 billion. The 13% year-over-year increase was the largest in 20 years.

“The second quarter of 2022 showed strong increases in mortgage, auto loan and credit card balances, driven in part by rising prices,” said Joelle Scally, administrator of the Center for Microeconomic Data.

How are individual households affected? A recently published study by T. Rowe Price (tinyurl.com/yckhxrb3), a global investment management firm, found that financial stress is a predictor of financial well-being. As the study noted, “it’s probably no surprise that financial well-being and financial stress are two sides of the same coin.”

The research, which combines information from T. Rowe Price’s Annual Retirement Savings and Spending Study and his Retirement Behavior Index, found that debt, budgeting and saving were the three most common financial stressors. Fifty-eight percent of those who reported moderate-to-high financial stress had debt between $10,000 and $50,000, while 72% of those in the moderate-to-high stress category had a student loan.

If you need help managing your debt and budget, the Financial Industry Regulatory Authority, which oversees the U.S. brokerage industry, has web pages on spending and managing debt in its Personal Finance section (tinyurl.com /2ayx5f74). Consumer.gov also has resources on managing your money and credit, loans, and debts (tinyurl.com/2tb7uwyz). The Humble Dollar website, which aims to “tell you everything you need to know about money,” has a Two Minute Review section (tinyurl.com/ms7e5ekp) that can give you some insight into your situation. financial.

Another issue to be aware of is rising health care costs, especially when it comes to retirees and future retirees.

A research note (tinyurl.com/yesh2dnw) published this month by Boston College’s Center for Retirement Research examined out-of-pocket health care spending for retirees, particularly following an increase of 14, 5% for 2022 of the premium for Medicare Part B (which covers medically necessary services and preventive services), something I touched on in a recent column on inflation. (If you would like a copy of this column, please let me know at readers@juliejason.com.)

The CRR dossier used the 2018 Health and Retirement Study to help determine the share of Social Security benefits and overall disposable income after medical expenses, including premiums for Medicare Parts B and D, Medicare Advantage and supplemental plans.

The result? For the median retiree, only 75% of Social Security benefits and 88% of total income were “available for nonmedical expenses.” Because a considerable portion of income is spent on medical expenses, retirees’ finances “were more precarious than Social Security benefit levels would suggest,” adding that “it’s understandable that many retirees probably think that ‘It’s hard to make ends meet’.

Such concerns re-emphasize the need to be aware, as best you can, of the obstacles that exist in your path to lasting financial success, and then plan as best you can to manage those obstacles. In other words, be aware and be prepared.

Seasoned Investment Advisor and award-winning columnist and author, Julie Jason, JD, LLM, promotes financial literacy and investor protection. Read his latest book, “The Wise Investor: Personal Retirement Portfolio Management for Lawyers (and Their Clients))”, published by the American Bar Association. Write to Julie at reader@juliejason.com. While it’s impossible to answer every question, every email is read and reviewed and may lead to discussion in a future column.

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Prepaid credit card: the 2022 market focuses on the main players https://quickcashadvancecvwz.com/prepaid-credit-card-the-2022-market-focuses-on-the-main-players/ Tue, 09 Aug 2022 05:53:25 +0000 https://quickcashadvancecvwz.com/prepaid-credit-card-the-2022-market-focuses-on-the-main-players/ Prepaid Credit Card Market 2022 this report is included with the Impact of latest market disruptions such as Russian-Ukrainian war and COVID19 outbreak impact analysis key points influencing market growth. In addition, the prepaid credit card market (By Major Key Players, By Types, By Applications and Major Regions) Segments Outlook, Business Assessment, Competition Scenario, Trends […]]]>

Prepaid Credit Card Market 2022 this report is included with the Impact of latest market disruptions such as Russian-Ukrainian war and COVID19 outbreak impact analysis key points influencing market growth. In addition, the prepaid credit card market (By Major Key Players, By Types, By Applications and Major Regions) Segments Outlook, Business Assessment, Competition Scenario, Trends and Forecast through the coming year. The study of the Prepaid Credit Card report is done on the basis of important research methodology which provides an analytical inspection of the global market based on various segments in which the industry is also alienated in the summary and advanced size of the market owing to the various outlook possibilities. The report also gives 360 degree overview of the competitive landscape of industries. SWOT analysis was used to understand the strengths, weaknesses, opportunities and threats in front of the shops. Thus, helping businesses understand the threats and challenges facing businesses. The prepaid credit card market is showing steady growth and CAGR is expected to improve over the forecast period.

This free sample report includes:
  1. A Brief Introduction to Prepaid Credit Cards Market Research Report.
  2. Graphical introduction of the regional analysis.
  3. The top players in the Prepaid Credit Card Market with their revenue analysis.
  4. Selected illustrations of prepaid credit card market information and trends.
  5. Sample pages of the Prepaid Credit Cards market report.

The major players in the prepaid credit card market.

UniRush
Green dot company
JPMorgan Chase and Co.
Amali Solutions Group
BBVA Compass Bancshares, Inc.
PayPal Holdings, Inc.
walmart
Kaiku Finance LLC
American Express Company
Visa
NetSpend Holdings, Inc.
Mango Financial, Inc.
Hand R Block Inc.
MasterCard

Segmentation of key activities of the prepaid credit card market

On the basis of types, the prepaid credit card market from 2015 to 2025 is majorly split into:
Single-use prepaid card
Versatile prepaid card

based on demand, the prepaid credit card market from 2015 to 2025 covers:
Telecommunications industry
Bank
Company

Some of the key factors contributing to the growth of the prepaid credit card market include:

  • Increase in per capita disposable income
  • Youth friendly Demographics
  • Technological advancement

In terms of the impact of COVID 19, the Prepaid Credit Cards Market report also includes the following data points:

  • Impact on Prepaid Credit Card Market Size
  • End-User Trend, Preferences, and Budget Impact of the Prepaid Credit Card Market
  • Regulatory Framework/Government Policies
  • Key players’ strategy to tackle the negative impact of the prepaid credit card market
  • New window of opportunity in the prepaid credit card market

Regional Prepaid Credit Card Market Analysis:

It could be divided into two different sections: one for regional production analysis and the other for regional consumption analysis. Here, analysts share gross margin, price, revenue, production, CAGR, and other factors that indicate growth for all regional markets studied in the report. covering North America, Europe, Asia-Pacific, South America, Middle East and Africa.

Key Question Answered in Prepaid Credit Card Market Report.

  • What are the strengths and weaknesses of the prepaid credit card market?
  • What are the different marketing and distribution channels?
  • What is the current CAGR of the Prepaid Credit Card market?
  • What are the Prepaid Credit Card market opportunities ahead of the market?
  • Who are the main competitors in the prepaid credit card market?
  • What are the main results of SWOT and Porter’s Five Techniques?
  • What is the prepaid credit card market size and growth rate over the forecast period?

Buy the FULL report now! https://www.qurateresearch.com/report/buy/BnF/global-prepaid-credit-card-market/QBI-MR-BnF-1082657

A free data report (in the form of an Excel data sheet) will also be provided upon request with a new purchase.

Main points of the table of contents:

There are 13 Chapters to display the Prepaid Credit Cards market in detail. This report included the analysis of market overview, market characteristics, industry chain, competition landscape, historical and future data by types, applications and regions.

  • Chapter 1: Prepaid Credit Cards Market overview, product overview, market segmentation, regions market overview, market dynamics, limitations, opportunities, and industry news and policies.
  • Chapter 2: Prepaid Credit Card industry chain analysis, upstream raw material suppliers, major players, production process analysis, cost analysis, market channels and major downstream buyers.
  • Chapter 3: Value analysis, production, growth rate and price analysis by type of prepaid credit card.
  • Chapter 4: Downstream characteristics, consumption and market share by prepaid credit card application.
  • Chapter 5: Production volume, price, gross margin and revenue ($) of Prepaid Credit Card by regions.
  • Chapter 6: Production, consumption, export and import of prepaid credit cards by regions.
  • Chapter 7: Prepaid Credit Cards Market Status and SWOT Analysis by Regions.
  • Chapter 8: Competitive landscape, product introduction, company profiles, market distribution status by Prepaid Credit Card players.
  • Chapter 9: Prepaid Credit Card Market Analysis and Forecast by Type and Application.
  • Chapter 10: Prepaid Credit Card Market Analysis and Forecast by Regions.
  • Chapter 11: Prepaid Credit Cards Industry Characteristics, Key Drivers, New Entrants SWOT Analysis, Investment Feasibility Analysis.
  • Chapter 12: Conclusion of the whole Prepaid Credit Card Market report.
  • Chapter 13: Appendix such as prepaid credit card market research methodology and data resources.

(*If you have special requirements, please let us know and we will offer you the report you want.)

Note – In order to provide more accurate market forecasts, all our reports will be updated prior to delivery considering the impact of COVID-19.

Contact us:
The Web: www.qurateresearch.com
Email: sales@qurateresearch.com
Telephone: USA – +13393375221, IN – +919881074592

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It costs 65% more to buy a dozen eggs than last year. Here’s how to cut your food bill https://quickcashadvancecvwz.com/it-costs-65-more-to-buy-a-dozen-eggs-than-last-year-heres-how-to-cut-your-food-bill/ Sun, 07 Aug 2022 15:00:35 +0000 https://quickcashadvancecvwz.com/it-costs-65-more-to-buy-a-dozen-eggs-than-last-year-heres-how-to-cut-your-food-bill/ Image source: Getty Images This time last year, the average cost of a dozen eggs was $1.64, according to the US Bureau of Labor Statistics. This year, those eggs will cost you $2.71, or 65% more. But you don’t really need me to tell you, you’ll notice the Cost of life increase each time you […]]]>

Image source: Getty Images

This time last year, the average cost of a dozen eggs was $1.64, according to the US Bureau of Labor Statistics. This year, those eggs will cost you $2.71, or 65% more. But you don’t really need me to tell you, you’ll notice the Cost of life increase each time you shop for groceries.

There are many reasons for rising food prices, from rising gas prices to global supply chain issues. Unfortunately, there’s not much you can do as a consumer to change what’s happening in the world. However, there are ways to reduce your food bill without compromising on the quality of what you eat. Here are four ways to lower your food bill.

1. Reduce waste

About 30% of food in the United States is thrown away every year. Much of it is wasted before it even reaches our cupboards and refrigerators, but food waste is common at home too. That avocado you bought on a whim and never took the time to eat? Vegetables you had planned to cook, then your plans changed? It happens to everyone.

The freezer is your friend, whether it’s for leftovers or fresh produce. Buying frozen products is often cheaper than buying fresh products, and they also keep longer. You’d also be amazed at what you can freeze without destroying flavor or texture. For example, I freeze beaten eggs to use in omelettes or pancakes. Just be sure to take them out of their shell first. Also, if you’re using half a jar of sauce or something else, you can often freeze the rest rather than letting it go to waste.

Freezing is also a good way to store leftovers. Rather than eating the same thing for three days in a row, put a few servings in the freezer ready for a night when you don’t feel like cooking. On that note, things won’t last forever in your freezer. Try to check what’s there once every two months and see what needs to be eaten. Frozen chicken nuggets last a long time, but that doesn’t mean you can store them for decades.

Finally, check the temperature of your fridge and freezer. Your refrigerator should be 40°F or lower and the freezer should be 0°F or lower. We create a lot of food waste because it hasn’t been stored properly and needs to be thrown away.

2. Use cheaper ingredients

There are two ways to reduce the cost of your ingredients. One is to buy private label products and shop at low cost stores thus you reduce the cost at the source. Another is to find ways to flesh out your meals with ingredients that don’t cost as much.

I’m originally from the UK, where we eat something called Yorkshire pudding with our traditional roast beef. It is made from flour, eggs and milk and in ancient times it was used to satiate people before they got to the most expensive part of the meal – the meat. It is not necessary to make Yorkshire pudding, but you can follow the same logic and, for example, put bread on the table to fill people up.

Supplement your meals with less expensive ingredients like canned beans, rice, oats or potatoes. I often grate carrots in bolognese sauce, which makes it healthier, tastier and reduces the amount of ground beef.

3. Consider planning your meals and cooking in bulk

People talk a lot about meal planning, which box help reduce waste and costs. It sounds good and works well for some people, but it’s not for everyone. If you don’t want to plan every meal, that’s okay. You can always avoid last-minute trips to the store by keeping a good supply of non-perishable ingredients like pasta, rice, and canned vegetables. Try not to buy items on impulse if you don’t know when you’ll cook them – these are often the items that end up languishing in the back of your fridge.

Cooking in bulk or just cooking a little more when you’re preparing a meal is another way to save time and money. Think of it as making your own ready meals for a lot less money. You don’t have to cook from scratch after a long day at work; instead, you can cook a lot when you have time and reduce the temptation to splurge on a ready-to-eat meal. Plus, it means you can get better prices by buying in bulk.

4. Use apps to save money

I’m a big fan of apps like Too good to leave and Olio that prevent food waste and reduce costs. Too Good to Go connects businesses with foods that are about to expire with customers who want to buy. It lets you buy from restaurants, stores, and bakeries at about a third of the regular price.

Also worth checking out cash back apps that reward you for groceries. You can earn 1% or more on expenses you were going to make anyway. On that note, if you have a credit card rewards, it can be another way to earn points or refund your daily purchases. Don’t fall into the trap of spending more just to earn the rewards.

At the end of the line

There are many ways to reduce your food expenses. The main thing is to find the right ones for you. There’s no point in committing to drastic cuts in food spending if you’re only sticking with it for a few weeks. Or decide to buy in bulk and then waste a lot of what you bought because you didn’t have time to cook it. Instead, start gradually. For example, you can try to be more aware of what you buy and how much you throw away each month. Set realistic and achievable goals that you can achieve over the long term.

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We are firm believers in the Golden Rule, which is why editorial opinions are our own and have not been previously reviewed, approved or endorsed by the advertisers included. The Ascent does not cover all offers on the market. The editorial content of The Ascent is separate from the editorial content of The Motley Fool and is created by a different team of analysts. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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How burned was Bread over his online credit card payment problem? | PaymentsSource https://quickcashadvancecvwz.com/how-burned-was-bread-over-his-online-credit-card-payment-problem-paymentssource/ Fri, 05 Aug 2022 20:32:00 +0000 https://quickcashadvancecvwz.com/how-burned-was-bread-over-his-online-credit-card-payment-problem-paymentssource/ Bread Financial Holdings, formerly Alliance Data Systems, recently modernized its private label credit card platform by moving tens of millions of records to the cloud, but a technological failure turned the project into a customer service nightmare. The outage in late June and early July left some customers unable to pay their credit card bills […]]]>

Bread Financial Holdings, formerly Alliance Data Systems, recently modernized its private label credit card platform by moving tens of millions of records to the cloud, but a technological failure turned the project into a customer service nightmare.

The outage in late June and early July left some customers unable to pay their credit card bills on time at many of the more than 130 retailers that Bread serves through its subsidiary Comenity Bank. The issue has sent inflation-stressed users across the United States to register complaints on social media and with regulators.

Many Bread customers have documented their frustrations on Twitter and Facebook, including their unsuccessful attempts to reach customer service agents. Complaints continued to swirl throughout the July 4 weekend, and many customers also alerted the Consumer Financial Protection Bureau.

The almost instantaneous flurry of complaints the Bread outage produced in prominent social media channels underscores how massive consumer adoption of digital payments and technology during the pandemic has shortened the window for managing crisis for financial service providers.

According to Marcia Tal, who analyzes this data as CEO of Tal Solutions.

Between August 1, 2021 and August 2, 2022, Bread Financial received 533 complaints about issues with credit card payments – and 73% of these occurred in the past 90 days, during the outage window of Bread’s credit card payment system, says Tal.

“I assume that the system outage at Bread Financial will be reviewed and analyzed by the CFPB, not only in terms of the reason for the outage, but its resolution and impact on consumers,” Tal said.

Bread has been in regular contact with regulators to “proactively communicate the specific steps we are taking to ensure a fair resolution for affected customers,” Rachel Stultz, Bread’s director of corporate affairs, said via email.

Bread promised affected consumers that their inability to pay a bill on time would not affect their credit scores.

Bread’s customer service phone lines were restored on June 30 and online account access was restored for most customers on July 1, but there was a period when the company experienced intermittent outages. , said Stultz.

On social media, many consumers continued to complain about not being able to reach live customer service agents to check on their account status, and complaints continued to increase throughout July.

On July 26, the Berwyn, Pennsylvania-based law firm Sauder Schelkopf filed a class action lawsuit in federal court in Columbus, Ohio, alleging that many of Bread’s clients were unable to access their Comenity card accounts and payments withdrawn from their bank were not immediately posted. on their card account, resulting in late fees.

“Consumers should not be forced to bear the burden of problems caused by Comenity,” said firm partner Joseph Kenny in a press release.

Credit card late fees became a major target after the CFPB in June provided that prior notice of the proposed regulations exploring how issuers set these fees.

The CFPB has proposed blocking a 9% rise in credit card late fees that is expected to occur next year as inflation rises. According to a report the CFPB published in March.

According to Richard Crone, a director of Crone Consulting LLC.

“In the years leading up to the financial crisis and as late as 2008, Bread was among the companies that charged consumers $10 to expedite the payment of bills before the due date, a practice that has fallen out of favor. “said Crone, who documented past Bread policies. from when it was called Alliance Data Systems.

Bread is probably not the only financial services company or credit card issuer to risk such problems, according to Crone.

“Many companies trying to modernize and move things to the cloud are integrating new technologies with older internal and central processing systems based on 50-year-old technology,” Crone said. “Bread’s recent outage suggests they are still working with a combination of older internal systems and newer platforms that require humans to maintain bug fixes and perform upgrades – it’s not Military grade like some of the new systems being built that finance all-digital companies are creating.”

Bread CEO Ralph Andretta recently noted that the company experienced setbacks when migrating its primary processing system to Fiserv.

“While any system migration of this magnitude comes with some degree of anticipated conversion challenges, our teams are working to ensure a fair resolution for all cardholders and brand partners who may have been impacted. during this period,” Andretta told analysts on July 28 during the discussion. the company’s earnings in the second quarter.

Bread’s information processing costs are “rising” due to the ongoing technology modernization program, Bread chief financial officer Perry Beberman added.

No mention was made during the presentation to analysts of a possible increased control by the CFPB. The agency cannot comment on what investigations it may or may not undertake, said CFPB public affairs specialist Raul Cisneros.

“I believe consumer complaints to the CFPB regarding the bread outage are the start of a problem that has yet to be fully uncovered or its impact fully understood,” Tal said, noting that most Banking management teams are paying greater attention to the number, scale and business impact of recent credit card industry regulatory enforcement actions by the CFPB.

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DR. ROBERT WALLACE: Twenty-something is looking for solid credit | New https://quickcashadvancecvwz.com/dr-robert-wallace-twenty-something-is-looking-for-solid-credit-new/ Thu, 04 Aug 2022 04:00:00 +0000 https://quickcashadvancecvwz.com/dr-robert-wallace-twenty-something-is-looking-for-solid-credit-new/ DR. Wallace: I’m 20 and wondering if it’s time for me to get my first credit card. My parents always advised me against getting any kind of credit card because they feel that many young adults get into debt using high interest credit cards and spending way beyond that. of their means. However, on the […]]]>

DR. Wallace: I’m 20 and wondering if it’s time for me to get my first credit card. My parents always advised me against getting any kind of credit card because they feel that many young adults get into debt using high interest credit cards and spending way beyond that. of their means. However, on the other hand, my friends and colleagues keep telling me that I need to establish a credit score if I want to plan for my financial independence soon.

There seems to be a lot of conflicting information online about whether getting a credit card is a smart move. I’m good at exercising self-control, so I don’t mind spending more than I can afford if I were to get a credit card, but some finance gurus like Dave Ramsey strongly advise against it, and my parents seem to fall into this camp as well. I don’t know what to believe and decide for myself. Any advice you can give me would be greatly appreciated! – Now a young adult, via email

NOW A YOUNG ADULT: There are several ways a young person can build a credit score, all of which involve creditors reporting bill payment details to the three major credit bureaus.

Yes, getting your own credit card can certainly help in this regard, but also comes with risks. One risk is overuse and spending beyond your means, and another common pitfall is missing a payment due date. To avoid the latter, register online for the automatic minimum payment due service. If you opt for a credit card, only do so with a very small line of credit so you don’t go over it.

However, almost the same benefit can be had by being added by one or both of your parents to a credit card account they already have. This only makes sense, of course, if your parents have a good credit history themselves. In this case, you would be listed as an “authorized user” on their account. And to make sure you get the most out of it, make sure the credit card issuer is the one reporting “authorized user” activity to the credit bureaus. Some do, some don’t, so do your homework here before going ahead with this option.

Another strategy is to take out what is called a “credit enhancement loan”. Some lenders offer specially designed loans to help borrowers establish credit with their institutions. These entities estimate that if they help young people build their credit, a percentage of them will retain that same institution as a longer-term customer, with the added benefit that the company knows that these young people are interested in establishing and develop good credit ratings. . These upfront loans require the borrower to pay interest on the borrowed funds, but this is usually a small price to pay in exchange for building a good foundation for a good credit rating.

Another idea is to pay your own cell phone, streaming, internet, or even utility bills as much as possible given your circumstances. Again, make sure these service providers add your name to their reports to major credit bureaus. Once you can establish one or more of these recurring payments in your personal credit report, your payments will gradually and steadily improve your credit score and build up your history. Just make sure you make all payments on time!

DR. Wallace: I am a grandmother, not a teenager, but I still hope you will consider my letter. My eldest granddaughter is now 20 and has a one and a half year old daughter. I recently discovered that she had given her daughter the surname of the father involved in her procreation. I am convinced that since they are not married and do not live together, my granddaughter should name her daughter using her maiden name as that granddaughter’s surname.

I want to tell him something about it, but so far I’ve resisted the temptation and thought I’d write you a quick note first to get your thoughts on the situation. If you were in my place, what would you do? —Grumpy Granny, via email

Grumpy Granny: My advice is to remain silent on this issue and openly support your granddaughter and great-granddaughter. What matters most is the health and well-being of this little girl, not the last name that appears on her birth certificate.

Your letter also doesn’t mention the type of relationship your granddaughter has with her baby’s father, even though they don’t live together. At the age of 20, she could still plan a life with him. And even if not, she has every right to decide what surname she would like her child to have.

Later in life, your granddaughter or great-granddaughter will have plenty of time to change that granddaughter’s name if one of them decides to do so. Now is not the time to stir up trouble, despite your strong feelings about it. I can understand where you’re coming from, but I’m firm in my advice that you should respect their choices. Focus now on doing your best to help them in any loving way you can as they both grow and begin to navigate life as mother and daughter.

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P2P lender Elfin launches payment card https://quickcashadvancecvwz.com/p2p-lender-elfin-launches-payment-card/ Tue, 02 Aug 2022 10:20:23 +0000 https://quickcashadvancecvwz.com/p2p-lender-elfin-launches-payment-card/ Elfin Market, the UK-based peer-to-peer lender, is pleased to announce the launch of the new “Elfin Card”, the world’s first peer-to-peer payment card. This new prepaid Mastercard offers our customers a flexible way to use their credit accounts. In addition to free and almost instant transfers to their bank account (no cash advance fees). Features […]]]>

Elfin Market, the UK-based peer-to-peer lender, is pleased to announce the launch of the new “Elfin Card”, the world’s first peer-to-peer payment card.

This new prepaid Mastercard offers our customers a flexible way to use their credit accounts. In addition to free and almost instant transfers to their bank account (no cash advance fees).

Features include:

– No exchange fees and unlimited and free withdrawals at international ATMs – Prepaid contactless MasterCard

– £200 free monthly withdrawals from domestic ATMs

– If misplaced, the card can be easily frozen in the app

All customers will be able to order the card through the app on 7/26/22 after updating to the latest version of the app, available on iOS and Android. The rebranding will go live on a brand new website and app at the same time on 7/26/22, matching the card design. The change shows how Elfin Market has evolved over the past few years.

“After a successful closed beta phase, we can’t wait to get the cards into the hands of customers. I believe adding the Elfin Card to our popular loan product will help make Elfin Market the go-to platform for flexible credit in the UK. – Mansour Bouaziz – Co-founder & CEO

“While technically not a credit card, the Elfin card has been designed to give UK individuals the same borrowing flexibility as a credit card, without the exorbitant rates and numerous fees additional.” Lakshithe Wagalath – Co-founder & COO

Elfin Market is a peer-to-peer lending platform, offering borrowers credit 75% cheaper than the average credit card*, with a representative APR of 5.8%, and investors an innovative financial ISA to tax-free returns.

*Based on average UK credit card purchase APR during Q3 2021 of 26.0% APR and

the market representative Elfin APR of 5.8%.

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5 Credit Card Mistakes to Avoid in Difficult Times | Way of life https://quickcashadvancecvwz.com/5-credit-card-mistakes-to-avoid-in-difficult-times-way-of-life/ Sat, 30 Jul 2022 17:39:00 +0000 https://quickcashadvancecvwz.com/5-credit-card-mistakes-to-avoid-in-difficult-times-way-of-life/ When times are tough, credit card debt can be unavoidable if you learn how to manage credit or are forced to make risky financial decisions due to hardship. For Lydia Senn and her husband, who are residents of Alabama, this was their reality during the Great Recession in 2008 after she lost her job and […]]]>

When times are tough, credit card debt can be unavoidable if you learn how to manage credit or are forced to make risky financial decisions due to hardship.

For Lydia Senn and her husband, who are residents of Alabama, this was their reality during the Great Recession in 2008 after she lost her job and he took a pay cut. They relied on credit cards to get by and racked up about $14,000 in debt.

“We paid off our debt in 2014 and decided to live without a credit card until 2019,” says Senn, who documents his financial journey on his YouTube channel. “We don’t want to rack up high-interest debt, so we’re very strategic and intentional in how we use our credit card.”

Having a plan can help avoid debt or keep it manageable when money is tight. If your situation allows it, consider alternatives before you make credit card mistakes that make it hard to bounce back.

1. Don’t keep spending as usual

Modify your budget if inflation or other circumstances compromise it. With today’s inflation, Senn has adjusted his budget to include rising gas, internet and cellphone charges on his credit card.

“Look at the budget and carefully consider those needs versus wants,” says Katie Bossler, quality assurance specialist at GreenPath, a nonprofit credit counseling agency.

Senn’s grocery bill has gone from $125 a week for a family of six to $225. Lowering that bill is not an option since her husband has lupus and requires an autoimmune protocol diet. “It’s the difference between him thriving and being in pain everyday,” Senn says.

To balance rising costs, it cut spending in other areas and opted for alternatives. Weekly family get-togethers at the local cafe have moved to its terrace. The family now dines out and travels less, and the kids attend a less expensive arts camp.

When reviewing your credit card statement, consider deleting unnecessary purchases or unused subscriptions. Prioritize essentials like rent, utilities, food, and expenses that help generate income. If you’re still struggling financially after making changes, consider other options like full-time or part-time work, or finding roommates, Bossler says.

2. Avoid relying on your credit limit

Shrinking your budget can provide savings opportunities that keep you from relying on credit cards. Save what you can, even just $5 a week. An emergency fund is foolproof, but a credit limit may eventually reach its maximum or be reduced at the issuer’s discretion.

Before that happens, request a higher credit limit from issuers when accounts are in good standing. This way, you have credit available as a last resort that supplements an emergency fund. Note that a transmitter can execute a “difficult investigationon your credit after making this request, an action that can temporarily lower credit scores.

3. Don’t carry a balance on a high-interest credit card

Having a large balance on a high-interest credit card makes purchases more expensive. For credit card accounts rated for interest in 2021, the average rate was 16.45%, according to Federal Reserve data. Some credit card interest rates are even higher at 29.99%.

While a card’s interest rate depends on economic factors and your credit, some cards or institutions offer lower rates that can save you money on outstanding balances. For example, the national average rate on credit cards at credit unions was 11.21% in March 2022, according to data from the National Credit Union Administration.

If you need a debt repayment strategy, a good credit score (a FICO score of 690 or higher) may qualify you for a credit card balance transfer which allows you to transfer a high-interest balance to a new card at a lower rate. Weigh the cost of balance transfer fees and ongoing interest charges to identify the best option. The ideal balance transfer card has no annual fee, a low balance transfer fee of 3% or less, and a long enough introductory APR period of 0% to progress on debt.

4. Stop accumulating late fees

If you anticipate a late payment, promptly contact your credit card issuer. Late fees can cost up to $30 the first time and up to $41 after, according to a 2022 press release from the Consumer Financial Protection Bureau.

Some issuers may be able to change your due date, offer financial hardship programs, or refer you to a nonprofit credit counseling agency that provides a debt management plan, according to Bossler. These programs may waive fees or reduce interest rates for a certain period of time.

5. Think twice about cash advances

A credit card cash advance conveniently provides a short-term cash loan at a bank or ATM, but it’s expensive. Interest on the amount of money borrowed begins to accrue immediately and fees may apply.

Instead, consider a personal loan or targeted offers from issuers that turn available credit on a credit card into a less expensive installment loan that puts money in your bank account. For this last option, no loan application or credit check is required.

This article was written by NerdWallet and was originally published by The Associated Press.

The article 5 Credit Card Mistakes to Avoid During Tough Times originally appeared on NerdWallet.

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DeSantis plans to fight ‘woke ideology’ of Paypal and other financial services https://quickcashadvancecvwz.com/desantis-plans-to-fight-woke-ideology-of-paypal-and-other-financial-services/ Wed, 27 Jul 2022 18:02:00 +0000 https://quickcashadvancecvwz.com/desantis-plans-to-fight-woke-ideology-of-paypal-and-other-financial-services/ Governor Ron DeSantis plans to make money transfer services such as PayPal – along with credit cards and banks – the next targets of his campaign against “woke ideology”, announcing a series of measures on Wednesday ahead of the next legislative session. The proposals, which DeSantis said would include a combination of legislative and executive […]]]>

Governor Ron DeSantis plans to make money transfer services such as PayPal – along with credit cards and banks – the next targets of his campaign against “woke ideology”, announcing a series of measures on Wednesday ahead of the next legislative session.

The proposals, which DeSantis said would include a combination of legislative and executive initiatives, would prohibit credit card companies and money transfer services from “discriminating” against users based on political or religious ideology.

Banks, credit cards and money transfer services ‘shouldn’t collude to marginalize people with whom they have political disagreements,’ DeSantis said, addressing an audience in the dining room paneled Harpoon Harry’s Crab House in downtown Tampa. “That’s not how you can effectively manage an economy.”

DeSantis named PayPal as a company its proposed actions would affect.

PayPal already has cut accounts and fundraising platforms affiliated with far-right groups such as the Proud Boys, but also anti-facism or “antifa” groups, for violating its policy of promoting violence or intolerance.

The governor specifically referenced the decision by crowdfunding website GoFundMe to block donations to a convoy of Canadian truckers that shut down Ottawa in January and February to protest vaccination mandates. Earlier this year, DeSantis said he would work with the state attorney general to investigate the company.

Details of the proposals remain unclear. But they would also prevent the State Board of Administration, which manages Florida’s retirement funds, from considering the environmental or social impact of companies before investing – an approach known as ESG, short for environmental, social and governance investment.

DeSantis said his proposal would force managers of state pension funds to make investment decisions based solely on return on investment.

Paul Renner, R – Palm Coast, the incoming speaker of Florida House, said at the event that he looked forward to working with the governor to move the proposals forward.

Renner has previously said limiting environmental, social and governance investment in the state’s financial sector is one of his legislative priorities.

Speaking alongside DeSantis at the Tampa restaurant, he described him as “the woke elite arming American capitalism against us.”

“It’s a portfolio issue, and we won’t back down until we start dismantling this dangerous form of ESG,” Renner said.

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5 Credit Card Mistakes to Avoid in Difficult Times | New https://quickcashadvancecvwz.com/5-credit-card-mistakes-to-avoid-in-difficult-times-new/ Mon, 25 Jul 2022 17:39:20 +0000 https://quickcashadvancecvwz.com/5-credit-card-mistakes-to-avoid-in-difficult-times-new/ When times are tough, credit card debt can be unavoidable if you learn how to manage credit or are forced to make risky financial decisions due to hardship. For Lydia Senn and her husband, who are residents of Alabama, this was their reality during the Great Recession in 2008 after she lost her job and […]]]>

When times are tough, credit card debt can be unavoidable if you learn how to manage credit or are forced to make risky financial decisions due to hardship.

For Lydia Senn and her husband, who are residents of Alabama, this was their reality during the Great Recession in 2008 after she lost her job and he took a pay cut. They relied on credit cards to get by and racked up about $14,000 in debt.

“We paid off our debt in 2014 and decided to live without a credit card until 2019,” says Senn, who documents his financial journey on his YouTube channel. “We don’t want to rack up high-interest debt, so we’re very strategic and intentional in how we use our credit card.”

Having a plan can help avoid debt or keep it manageable when money is tight. If your situation allows it, consider alternatives before you make credit card mistakes that make it hard to bounce back.

1. Don’t keep spending as usual

Modify your budget if inflation or other circumstances compromise it. With today’s inflation, Senn has adjusted his budget to include rising gas, internet and cellphone charges on his credit card.

“Look at the budget and carefully consider those needs versus wants,” says Katie Bossler, quality assurance specialist at GreenPath, a nonprofit credit counseling agency.

Senn’s grocery bill has gone from $125 a week for a family of six to $225. Lowering that bill is not an option since her husband has lupus and requires an autoimmune protocol diet. “It’s the difference between him thriving and being in pain everyday,” Senn says.

To balance rising costs, it cut spending in other areas and opted for alternatives. Weekly family get-togethers at the local cafe have moved to its terrace. The family now dines out and travels less, and the kids attend a less expensive arts camp.

When reviewing your credit card statement, consider deleting unnecessary purchases or unused subscriptions. Prioritize essentials like rent, utilities, food, and expenses that help generate income. If you’re still financially strained after making changes, consider other options like full-time or part-time work, or finding roommates, Bossler says.

2. Avoid relying on your credit limit

Shrinking your budget can provide savings opportunities that keep you from relying on credit cards. Save what you can, even just $5 a week. An emergency fund is foolproof, but a credit limit may eventually reach its maximum or be reduced at the issuer’s discretion.

Before that happens, request a higher credit limit from issuers when accounts are in good standing. This way, you have credit available as a last resort that supplements an emergency fund. Note that a transmitter can execute a “difficult investigationon your credit after making this request, an action that can temporarily lower credit scores.

3. Don’t carry a balance on a high-interest credit card

Having a large balance on a high-interest credit card makes purchases more expensive. For credit card accounts rated for interest in 2021, the average rate was 16.45%, according to Federal Reserve data. Some credit card interest rates are even higher at 29.99%.

While a card’s interest rate depends on economic factors and your credit, some cards or institutions offer lower rates that can save you money on outstanding balances. For example, the national average rate on credit cards at credit unions was 11.21% in March 2022, according to data from the National Credit Union Administration.

If you need a debt repayment strategy, a good credit score (a FICO score of 690 or higher) may qualify you for a credit card balance transfer which allows you to transfer a high-interest balance to a new card at a lower rate. Weigh the cost of balance transfer fees and ongoing interest charges to identify the best option. The ideal balance transfer card has no annual fee, a low balance transfer fee of 3% or less, and a long enough introductory APR period of 0% to progress on debt.

4. Stop accumulating late fees

If you anticipate a late payment, promptly contact your credit card issuer. Late fees can cost up to $30 the first time and up to $41 after, according to a 2022 press release from the Consumer Financial Protection Bureau.

Some issuers may be able to change your due date, offer financial hardship programs, or refer you to a nonprofit credit counseling agency that provides a debt management plan, according to Bossler. These programs may waive fees or reduce interest rates for a certain period of time.

5. Think twice about cash advances

A credit card cash advance conveniently provides a short-term cash loan at a bank or ATM, but it’s expensive. Interest on the amount of money borrowed begins to accrue immediately and fees may apply.

Instead, consider a personal loan or targeted offers from issuers that turn available credit on a credit card into a less expensive installment loan that puts money in your bank account. For this last option, no loan application or credit check is required.

This article was written by NerdWallet and was originally published by The Associated Press.

The article 5 Credit Card Mistakes to Avoid During Tough Times originally appeared on NerdWallet.

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