Your Credit Cards Guide

If you’re graduating this spring and you don’t have a job lined up, you mayhave a tough time finding one. Even graduates from the class of 2009 are still finding their degrees not as useful as they had hoped. A study reported by the New York Times shows that of all 2009 graduates, 22.4% aren’t working. Of the 77.6% with jobs, 22% have jobs that don’t require a college degree.

These numbers are bleak, but not impossible to overcome.

In a study reported by CBS, 55% of college graduates believe their education helped them prepare for a job or career. And the wage gap between high school and college graduates is reported at nearly $19,550. To make sure you start off your job search on the right foot, here are three quick steps to take.

1. Polish your resume. Your resume is your chance to market yourself to potential employers. This me

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Now that Discover has ended its no fee balance transfer promotion, you may be wondering if there are any other alternatives out there.

In short, the answer is an unfortunate “no.”

That’s right; no other credit card issuers are brave enough to offer a no fee balance transfer credit card at the moment, perhaps still spooked from the credit crisis that appears to be nearing its end.

Even pre-credit crisis, I don’t think Chase offered a no fee balance transfer; only Citi seemed to take that plunge.

So why is this post titled, “Chase No Fee Balance Transfer?”

Well, you may have noticed the “?” in the title. It’s there beca

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Our sensitive financial information is transferred on a daily basis. Whether it’s making a purchase online or checking our bank account, it’s no wonder that thousands fall victim to financial scams each year.

Millions of dollars are lost annually by unsuspecting consumers who don’t manage to catch the signs of a financial predator looking to take whatever they’ve got. Whether you use personal checks or secured credit cards, you need to be aware of financial threats so you can stay vigilant.

Here are five common scams with tips on how to protect yourself.

419 Fraud refers to bogus spam e-mails originating from Nigeria that promise mass amounts of wealth if you help someone with an advance payment. The e-m

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MasterCard saw its first-quarter profits spike by nearly 25%, outpacing the predictions of industry analysts. The company reported a profit of $562 million versus last year’s results for the same period of only $455 million. The surge in revenue is being attributed to the fact that consumers are using their credit cards more to make routine purchases.

The companys shares gained more than three percent in response to the positive earnings report, and MasterCard’s CEO said that while company growth was widespread, much of the positive news can be traced to the American consumer who is spending more with credit cards, including discretionary purchases.

That comes as a welcome sign that much of the belt tightening and penny pinching of the past 3-4 years may be behind us and that the economy, boosted by consumer confidence, is regaining lost momentum. Mas

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Here at Creditnet, we try to guide consumers through the wild world of credit cards.  But this doesn’t mean we’re oblivious to the joy of having a stack of cold hard cash in your wallet.

That said, not all stacks of cash are created equal.  No, we’re not talking about exchange rates or any of that boring finance stuff.  We’re talking about all the wacky currencies that exist across the globe.

From beautiful to bizarre, the currencies of the world are as diverse as the cultures which produce them.  Take a look at the best of the best:

The Hong Kong 10 dollar bill looks like the inside of a kaleidoscope. It is said to be horse themed, but apart from a tiny fragmented silhouette of a horse, there are very few tangible depictions on the note. It may seem

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The news media company Reuters reports that now when customers of Bank of America miss a monthly credit card payment they may get socked with a really stiff penalty. Instead of just hitting them with the usual one-time fees and charges, Bank of America says that it may also impose much higher interest rates on future credit card purchases as a punitive measure to discourage delinquent payments.

These rates are no joke, either, because they can go as high as 30%. To put that into perspective, if you add 30% to a debt each year then the debt will more than double in just three and a half years. Imagine what that kind of additional interest could do to magnify the burden of credit card debt for those who miss a payment and wind up paying that much on their subsequent purchases or balances carried forward. The bank plans to implement the new policy in June, and the process will involve analyzing the cardholder’s credit risk profile and then determining how high the penalty rate should be. I

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