ComputerHunter.org |
|
|
|||
|
 |
7 Compelling Reasons Why A Prepaid Debit Card May Be Just The Financial Tool You Need
Prepaid debit cards are great financial tools and may be just the financial tool you need. Here a seven compelling reasons why: 1. A prepaid debit card helps you stay out of debt because the money you spend is your own. Credit cards encourage you to spend money you don't have, thereby giving you a false sense of reality. In truth, by using a credit card what you're doing is borrowing money from someone else (your card provider) to purchase the things you want. However, with a prepaid debit card the money you spend is your own. 2. Prepaid debit cards helps you control your spending habits, because in most cases you cannot spend over the amount you have in your account. 3. A Debit card can be the perfect way to pay your freelancer if you are a small business owner. Simply issue your freelancer a card and load funds onto the card whenever you want to pay them for a completed project. 4. You can use a prepaid debit card to send money to your loved ones abroad or to your college age children away at school. Some debit cards allow you to have two cards for one account and in this case you will be able to keep one for yourself and send the second to your loved one. Once they have received their card you can loaded funds to your account and call the other person to tell them how much money they can access from the nearest ATM or POS merchant. Their money is instantly available worldwide. It's a cheaper and faster alternative to expensive money transfer companies. 5. Prepaid debit cards are a safer way for employees to receive their salaries. Statistics indicate that in the United States over 3 million payroll checks are stolen each year. However, with the use of direct deposit combined with a payroll debit card, there is no worry of that ever happening. Also, through the use of direct deposit and a payroll debit card, you will have immediate access to your wages, 24 hours a day, 365 days a year - no matter what part of the world you're in. You will also save time by having your salary deposited to your payroll debit card - no more standing on long lines each pay period in the bank to cash your check. 6. A debit card is a convenient and affordable solution for the unbanked. Over 10 million households in the United States alone do not have bank accounts. In cases like these debit cards can serve as bank accounts. They can be used to access cash or make purchases at merchants such as gas stations, grocery stores or convenience stores. Additionally, debit cards can be just as useful as regular Mastercards or Visas because in many cases they can be used to purchase goods and services not only in shops but on the internet, and via mail order and to withdraw cash at home and abroad from ATMs (cash dispensers). 7. Prepaid debit cards are easier to apply for than credit cards. Often, they require no bank account, no employment verification, no credit checks and no security deposit. If you've been turned down for traditional bank issued credit cards because of poor credit, bad credit or no credit at all, try applying for a prepaid debit card. Some prepaid debit cards have a built in credit reporting feature which make it easier for people with bad credit to rebuild their credit histories by reporting their monthly payments to the major credit reporting bureaus. For more information about Prepaid Debit Cards, check out THE definitive guide to prepaid debit cards of all kinds including: prepaid mastercards, payroll debit cards, debit gift cards, virtual credit cards, offshore, US and international debit cards, at: http://www.debit-card-guide.com Permission to reprint with full attribution.
Google News - Top Stories
|
|
|
|
RELATED ARTICLES
Credit Cards for Home Business It is wise for you to have a company credit card like a VISA card. How can you find the least expensive bank card for your business? You may decide to use a VISA card from your local bank. Check the interest rate on unpaid balances. It is excessively high? Is it in line with other cards? If you are not sure, write to: Start Building Credit Fast! There are a couple of reasons for this. You can pay your bills on time for years and never gain more than a few points on your credit score. Important Things to Know About Divorce and Credit Joint debts remain joint debts. Credit Scoring: What You Dont Know Can Hurt You You've probably heard the term credit scoring. You may have some idea that your credit score can have an effect on your life. For example, you may understand that when you apply for a mortgage, the mortgage company will check out your credit score. Choosing a Credit Counseling Company If you have considered credit counseling as an option to your financial problems, then you are probably wondering how to choose from one of the many credit counseling companies that are popping up left and right these days. There really is not an easy answer to this dilemma but there are some things that you can look for in a credit counseling company that might make the decision a little easier. Tips for Choosing a Credit Card Company Credit Cards are essential for any consumer today. However, when choosing a new credit card company, many people do not know what to look for. It is important to have a good company because bad credit card companies can lead users into quite a bit of trouble. Whether you are a college student getting your first credit card, or someone looking to switch, choosing the company and type is very important. These few tips should help make your decision easier. Credit Report ? Watch Out for Parking Tickets The economic downturn of the last five years has affected millions of Americans, but it has also affected the budgets of states, cities and counties. With limited tax dollars with which to work, various government entities have had to try to stretch their budgets to allow them to continue to function. Many government agencies at the state and local levels have turned over debt collection to collection agencies, even for such seemingly small debts as parking tickets or library fines. What does this mean? An unpaid parking ticket could end upon on your credit report. How Healthy Is Your Credit There's only one way to discover the "health" of your credit. You need to examine your credit report. Your credit report is your "consumer identity" that potential lenders will use to judge your credit worthiness. Repair Your Credit - The Right Way! How to Repair a Bad Credit Rating?The Right Way! How Your Credit History Can Affect Your Life Your credit history is an important aspect of your life. Maintaining your credit rating is very important to your future and to your lifestyle. A poor credit history can mean denial of credit, high interest rates, and could possibly affect your ability to get a new job or apartment. If you are unsure of your credit score or credit history in general, it is a good idea to find out the contents of your credit report and to monitor any changes in your credit report carefully. Have You Checked Your Permanent Record Lately? As a young student I feared getting bad grades because I didn't want any bad marks on my "permanent record." Get an "F" in fifth-grade science and it goes in your record. Act up in Mrs. Brown's class? Yep, it's in your record too. Get caught using a swear word and it's not only in your permanent record but it goes right at the top! When you go to a parochial school like I did, you come to believe that there really is some mysterious file that follows you for the rest of your life. Read and Understand Your Credit Card Statement Have you ever looked at your credit card statement and ended up just scratching your head in frustration? Well join the club! But don't take any comfort in the fact that you have plenty of company, because lack of knowledge can cost you?.right on your credit report, and once there can stay with you a while. The Ghost of Expected Surprises Here, Cratchet, what do you think you're doing? Maximizing Credit Card Rewards In their quest to get you to sign up for their credit card, banks and financial institutions are coming up with more and higher incentives to entice you. Frequent flyer miles gave way to gas miles which opened the door for cash rebates and reward points to be used at 'our fine member merchants'. When most other things are equal (APR, annual fees, fees for transfers et al), the style of reward points and how you can make use of them can be the deciding factor in which card you choose to put in your wallet. Fair Credit Reporting Act: What You Should Know About It? The Federal Fair Credit Reporting Act (FCRA) is designated to promote accuracy, fairness, and privacy of information in the files of every "consumer reporting agency" (CRA) or Credit Bureau. Learn what the law says and repair your credit today! How Do I Establish A Good Line of Credit? A line of credit, roughly defined, is the amount of credit that can be given to a borrower from a lender. Usually a contract or note of promissory is exchanged between the two parties, in which both parties agree to the line of credit amount, as well as the annual interest due to the lender at the end of the term. ChexSystems: Who They Are and How it Affects You ChexSystems is a company that maintains a subscriber membership service used in the banking industry. The members consist mainly of Banks, and Credit Unions, but can include other types of Financial Institutions. Convenience Can Be Costly You've just opened your credit card bill and attached to your statement you find a "convenience check" included. It may already be filled out with a dollar amount such as $300, $500, or even $1,000. Your mind fills with ideas of what you could buy with this "instant" money. A new summer wardrobe, a nice dinner and tickets to a concert, a weekend getaway. Credit Help for Real Estate Financing: Five Categories of Your Credit Score 1. Payment History -- 35% Repairing Your Credit Score and Clearing Derogatory Marks on Your Credit Report Raising your credit score can be a fairly simple and straightforward process unless you have derogatory marks that need to be disputed (which will be explained below).
|
|
|
|
|
