What is Credit Card Over Limit Fee & Its Impact
Posted on Thursday, August 22nd, 2024 |

Credit cards are an ideal resource for managing everyday expenses and large purchases. But you can use your credit card up to the credit limit set for the month. Exceeding your credit limit can lead to additional charges known as the credit card over limit fee. Understanding these fees and their impact on your credit score…
Read moreCredit Card Negative Balance: Reasons, Effects, & Solution
Posted on Thursday, August 22nd, 2024 |

While most people associate credit cards with owing money, sometimes you might encounter a credit card negative balance. It is a situation where the bank owes you money.It can be confusing, but it is a sign that your credit card account is in good standing. In this blog, we will explain what a credit card negative…
Read moreWhat is a Credit Card Dormant Account?
Posted on Thursday, August 22nd, 2024 |

Have you ever stumbled upon an old credit card that was untouched for months? It may be what’s known as a ‘dormant credit card’. While it might seem harmless to let a credit card sit idle, understanding the implications of a dormant credit card account is crucial for maintaining a healthy financial profile. Read on…
Read moreReasons to Use Credit Cards for Utility Bill Payments
Posted on Thursday, August 8th, 2024 |

Utility bills are a recurring expense that you must take care of. However, in the hustle-bustle and expenses of daily life, one may end up forgetting the due date for bills. Or you may not have sufficient funds in hand to pay all the utility bills. One effective way to deal with such issues is…
Read moreWhat is Consumer Finance and How is it Different from Credit Cards?
Posted on Thursday, August 8th, 2024 |

Whether you want to buy the latest smartphone or pay for a high-end medical treatment, banks and financial institutions offer a host of financing options. Two popular choices include consumer finance and credit cards. Most people may be more familiar with the latter. However, as financing options widen, consumer finance is also gaining ground. This article…
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