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Everything You Need to Know about Credit Card Cash Advances

Credit card cash advances are amounts of money which people are permitted to "borrow" from their credit card companies. These advances are generally processed via ATM withdrawals or deposited checks. Unlike other types of loans, credit card cash advances almost always come along with hefty interest rates, usually notably higher than the interest rate of the associated credit card. Furthermore, the interest tied to credit card cash advances generally begins …

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Things to Know Before Getting Your First Credit Card

There are many upsides to having a credit card, such as building one's credit score, making certain purchases, and even earning cashback points. With the right practices and money management habits, people can do quite well and set themselves up for financial success. However, without the proper knowledge, individuals who manage to obtain credit cards can wreak serious damage upon their financial standing and sink themselves into debt for years …

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How To Improve Bad Credit

The negative impacts of bad credit are extremely well-documented. The Balance strongly affirms that bad credit is generated by bankruptcies, property repossessions, late payments, and other poor financial decisions. Individuals who suffer from bad credit are furthermore likely to be charged higher interest rates and higher security deposits. They may also be denied loans altogether or have apartment applications turned down. Nevertheless, with the right lifestyle changes, bad credit can …

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7 Tips to Avoid These Costly Credit Card Mistakes

Credit cards can be friend or foe to your wallet or pocketbook, it all depends on how you utilize them and of course, manage them. So, what can you do to make certain you aren't accidentally engaging in improper credit card habits? There are ways to avoid all of those spine crushing fees--specifically if you start making your monthly payment on time. And if you pay more than what is …

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How Can You Change That Low Credit Score?

wp-content/uploads/2016/08/what-is-the-best-credit-score-612x281.jpg Low credit score--you had no idea! How did it happen without you even being aware? Look, if you don't pay attention to your financial habits and work to keep your credit rating healthy, it will drop, and you won't be alerted about that either. It's murky waters out there, but you can keep from drowning. Too many Canadians are hit hard with a poor credit score they had no idea …

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Tips to Avoid My 5 Personal Money Mistakes

wp-content/uploads/2016/07/Student-stress.jpg Finances can be confusing to many young Canadians across British Columbia --and stressful, I know this personally. It is never easy admitting mistakes we might have made in the past, especially when it comes to your money and spending--but it is the only way you can really transform for the better. Now, it is common to make money mistakes in your 20's and 30's, and even sometimes into your more …

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Do You Know The Credit Card Do's and Don'ts?

wp-content/uploads/2016/05/montreal.jpg Yes, credit cards can be useful financial tools if they are used responsibly--unfortunately, credit cards are highly mishandled, everyday and all across the globe.  Too many see these as a means to an end, or a reason to splurge on those things they wouldn't ordinarily have considered purchasing.  Furthermore, financial experts find that too many turn to credit cards to support their monthly living expenses, something that is a financially …

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The Facts And Myths To Help You Manage Your Credit Card

wp-content/uploads/2015/10/Millennials-Gen-Y-debt-student-loans-credit-card-debt-credit-counselling-debt-consolidation-consumer-proposals-bankruptcy-millennial-home-ownership-starting-over-starting-now.jpg Are you aware of the facts and myths associated with settling your mounting credit card debt ?  This does apply to those who struggle with climbing interest rates and late penalty payments on credit cards too. Year after year consumer debt has risen 4.9%, according to financial analysts and this gives pause for concern when it comes down to Canada's financial stability. One of the most prevailing factors we want …

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