If your credit card offers a personal identification number (PIN), it’s for your protection. While signatures can be forged, having a PIN attached to a credit card means someone needs to know your “secret code” in order to use it for certain kinds of purchases. Do you protect your PIN?
There are certain situations where it’s a good idea to change your PIN. How often do you do it? For most people the answer is probably “not enough.” Here are three scenarios where you should definitely change your credit card’s PIN:
1. You’re still using the original PIN the credit card company gave you.
It’s always a good idea to change your PIN from the default number the bank gives you to a number that you’re more likely to remember. Most banks even recommend this to their credit and debit card customers.
When you choose a PIN that you’re likely to remember (but something others still won’t be able to guess easily), you have no need to write it down.
Credit card holders are being advised to switch to a low-rate card if they are unable to repay a loan on a zero per cent deal .
Price comparison website moneysupermarket.com has informed its customers that changing to a new low-rate card could help ease the cost of borrowings.
In an uncertain economic climate, a significant percentage of credit card holders are finding it increasing tough to secure the most attractive deals.
Indeed, moneysupermarket.com says that only four in ten credit card applications are actually successful.
However, Peter Harrison, the credit cards expert at moneysupermarket.com, insists the best approach to tackling debts is largely dependent on credit rating .
He added: “Whilst the credit card market has seen better days, there are still some great deals out there, all be it hard ones to obtain.”
According to research by Santander Cards, in excess of ten per cent of Britons intend to transfer more than 3.2 billion pounds between cards in the first three months of 2010. Read more…
18 Jan
Posted by Admin as Credit Cards
Home improvement projects are expensive, and most homeowners choose to finance the project. Having a high credit rating makes obtaining a home improvement loan easy. While bad credit will not enable a homeowner from securing financing, the chances of getting a good rate are low. Here are a few options available to help homeowners get approved for a bad credit home improvement loan.
Secured Home Improvement Loan
If your credit rating is low, lenders will not approve a lo…
home equity loan, home improvement loan, bad credit
Home improvement projects are expensive, and most homeowners choose to finance the project. Having a high credit rating makes obtaining a home improvement loan easy. While bad credit will not enable a homeowner from securing financing, the chances of getting a good rate are low. Here are a few options available to help homeowners get approved for a bad credit home improvement loan.
Secured Home Improvement Loan
If your credit rating is low, lenders will not approve a loan application for an unsecured loan.
Those little pieces of plastic can sometimes get you into trouble. Sometimes nothing is easier than to take out your credit card and pay for that sweater or piece of furniture you have been eyeing for months. And who hasn’t been asked by the check-out person to sign up for a credit card in order to save 15 percent on their purchase. Credit card offers are everywhere; they come in the mail on almost a weekly basis.
Many Americans have gotten themselves in credit trouble by …
Those little pieces of plastic can sometimes get you into trouble. Sometimes nothing is easier than to take out your credit card and pay for that sweater or piece of furniture you have been eyeing for months. And who hasn’t been asked by the check-out person to sign up for a credit card in order to save 15 percent on their purchase. Credit card offers are everywhere; they come in the mail on almost a weekly basis.
Many Americans have gotten themselves in credit trouble by the easy access to credit cards.