Best Green Credit Cards in Canada

November 17, 2010

Green, or environmental credit cards are a recent innovation of the credit card industry. These cards are usually made of eco-friendly materials and feature programs that contribute to wildlife and environmental preservation. At the moment, green cards are not very common in Canada, but their popularity is bound to rise as more and more Canadians […]

Read the full article →

How to Use a Credit Card and Manage Cash Flows Effectively

November 12, 2010

The old ‘right-to-bear-arms’ adage – ‘Guns don’t kill people; people kill people’ – applies to credit cards as well. It is not the card itself that causes problems but the person who uses it. Easy availability of credit tempts holders to make impulse purchases, which they end up regretting. There are several ways to manage […]

Read the full article →

5 Reasons to Apply for a Prepaid Credit Card

November 9, 2010

Prepaid credit cards, also known as secured cards, require the deposit of a certain amount of money before they can be used. This amount is the credit limit which the cardholder cannot surpass with his or her purchases. There are a number of reasons why one should apply for a prepaid card, and here we […]

Read the full article →

How Providers Make Money Out of Rewards Credit Cards

November 2, 2010

The main method that credit card companies use to make money out of rewards cards is by manipulating man’s inalienable, God-given urge to make profit. As the free market principle gets more and more embedded in society, it is becoming less and less satisfying to simply spend money. People want to get stuff for free, […]

Read the full article →

Benefits of Using a Credit Card in Canada

October 25, 2010

Credit cards stand for convenient and flexible payment tools for retailers and consumers, offering interest-free credit from the time purchases are made to the end of the billing period. Given than over 70 percent of the Canadians pay their balance in full on a monthly basis, the interest rate for most card users is practically […]

Read the full article →

The Future of the Credit Card Industry in Canada

October 18, 2010

The credit and debit card industry in Canada is going through a hard and testing period. The last couple of years witnessed the industry’s record net losses which were instigated by an ever rising debt and inordinate number of customer bankruptcies. At the same time, the government has increased its regulation over the sector. Companies […]

Read the full article →

How Not to Become a Victim of Credit Card Scam

October 11, 2010

These days, the threat of credit card scams is bigger than ever. Every day, stories of frauds are published in the newspapers or broadcasted on television. The number of scam complaints, submitted to credit card issuers in recent years, is unprecedented and the authorities have confessed that their battle with fraud artists is intense and […]

Read the full article →

How to Pick a Credit Card while in College

October 4, 2010

Students often face difficulties when trying to obtain their first credit card because they have no previous credit history and no permanent job-related income. Their young age also counts as a disadvantage in the eyes of credit card companies. In Canada, students must have reached the age of majority applicable for their province of residence […]

Read the full article →

Strategies Used by Credit Card Companies To Attract Customers

September 22, 2010

There are some common marketing strategies that credit card companies use to attract customers, and there is a good reason why: competition is touch while not all people are convinced that having a credit card is to their advantage. The Credit card – a necessary evil Many people consider that credit cards are a real […]

Read the full article →

How to Obtain a Business Loan with Personal Credit Card Debt

September 2, 2010

A question that plagues many entrepreneurs is how to obtain a business loan with personal credit card debt. The truth is that entrepreneurs don’t have to be debt-free in order to get financing for their business ventures. The most important factor is having a good credit score that will prove to potential lenders that the […]

Read the full article →

← Previous Entries

Next Entries →