ComputerHunter.org |
|
|
|||
|
 |
SuperCharged Secret 3, Credit Card Utopia
TURBO-CHARGED KILLER RATE SAVING INFORMATION! Let's just take a brief moment to recap: If you've been following along on this journey with me, learning the 5 Super-Charged secrets to Credit Card Utopia, then you now know 2 very important things: With me? Good. These are both essential foundations that you need to follow in order to live in Credit-Card Utopia. Now, let me flavor it up for you. What could be better than zero interest credit cards? What could be better than having the best, lowest, guaranteed credit card in your wallet? 1) How about cash? Would that work for you? How about a big fat check at the end of the year, in the thousands and thousands and thousands of dollars? Would you like to get PAID thousands of dollars each year, just for spending money that you ALREADY SPEND? You might realize that I'm not talking DIRECTLY about interest rates. But listen, I can't get much lower then zero interest. I need you to think creatively with me now. 2) Rewards Cards, otherwise known as incentive-based credit cards. Let's start there. These are no secret. Many of us have rewards cards. I have several, in fact, and I get many rewards for spending with them. I get airline miles, and I get gas vouchers, and I get discounts at online stores?AND?I get Cash. But let me talk about a HUGE secret that most people are not yet fully exploiting for their personal and financial gain. 3) My family and I are just now getting into making money with Cash-Back offers: Cash rebates, Cash-Back cards, those are the ones I want to focus on with you here, for a second. How do these cash-back cards lower your interest rate? Well, at this stage, it's a semantics game, but if you have 9% interest for example, and you use a cash-back credit card that pays you 3% on all transactions?Well, that's like getting a 3% discount on the rate, so your charge is more along the lines of 6%. It's not EXACTLY like that, but you get the point. More importantly, let's dig deeper. 4) I'm going to tell you how to TURBO-CHARGE this mechanism, and EXPLOIT IT FOR EVERYTHING it's WORTH. You see, your credit card company wants you to spend as much money as possible with their plastic. Yes, they'd like to charge you interest on debt. But even if you pay it off every month, did you know that they still make a profit on the transaction from the Merchant fees? Yes, the credit card charges the merchant a fee for swiping your card. It can range anywhere from 1% to as high as 6%... It does not impact you the consumer (directly), but it does give you some insight into why you can become business partners with your credit card company. 5) Secret # 3 revealed: Here's what my family and I are doing: We use our cash-back credit card for EVERYTHING. We simply have restructured our spending so that all expenses, or almost all expenses, go through our cash-back credit card. Grocery stores, restaurants, shopping, dining, gas?Everything. In fact, as of the writing of this article, American Express® has developed a Bill-Pay type system so we are able to actually pay some of our bills using our cash-back credit card. Can you imagine? A credit card company developing online bill-pay. Now, how SMART is that? 6) Let me ask you something. How much money do you spend every year on expenses? Don't get your calculator out, because the answer is simple. You basically, spend?.AS MUCH AS YOU MAKE? The vast majority of us do. So, let me ask you the same question a different way: How much money do you make? How much is 3% to 5% of that? I'll give you an example. If the average household income (and expenses) were around $50,000, then that means a savvy consumer, with a cash-back credit card, could generate a check every year of between $1500 and $2500. 7) Holly Cape Canaveral, Batman!!! That's $2500 free cash dollars, every single year! What would YOU do with all that free money? Buy a vacation, a new TV, some jewelry? Are you getting it, now? You must start looking at the Cash-Back credit card as more then just an incentive or reward. Frankly, it is a new source of income. 8) Now, here's the nitty-gritty on how we do this. It's simple. The first step, is we gathered all our credit cards, put them in an envelope, and put that envelope in our lockbox in the attic. We replaced all our plastic in our wallet with the cash-back credit card of choice. We also put an emergency debit card in our wallet, but the primary method now for spending, is to use the cash-back card. This takes care of gas, food, restaurants, etc. The second step, is the process of restructuring expenses through the online bill-pay system with our cash-back credit card company. We re-route as many expenses as possible through our cash-back card. It takes a little time, and doesn't happen in one day. But do the legwork. Be a smart consumer like my family and I. 9) There's a perk, too! The perk is outstanding! Have you considered, that my family and I only really have one payment a month to make? That's the goal we're moving towards anyway. So, think about how many bills you pay each month. Wouldn't it be nice to just make one payment out for all your expenses, rather then a check to the gas-card, a check to the utilities, a check to the Credit Card Company, etc.? Think of the convenience and time saved, to just make one payment out each month. 10) A lot of information to take in, yes? Let's pause here: If you've followed my train of thought, then you've come to the Secret knowledge of how to extract and exploit the power of these cash-back cards for everything they are worth. If you do this, even just the first part, you will take a money saving incentive program, and turbo-charge it into an actual income producing technology! Pretty, cool, huh? SHHH! It's a Utopian secret. We've enjoyed providing this information to you, and we wish you the best of luck in your pursuits. Remember to always seek out good advice from those you trust, and never turn your back on your own common sense. Publisher's Directions: This article may be freely distributed so long as the copyright, author's information, disclaimer, and an active link (where possible) are included. Disclaimer: Statements and opinions expressed in the articles, reviews and other materials herein are those of the authors. While every care has been taken in the compilation of this information and every attempt made to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. The author will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within these pages or any information accessed through this site. About The Author Tom Levine provides a solid, common sense approach to solving problems and answering questions relating to consumer loan products. His website seeks to provide free online resources for the consumer, including rate-watch, tips and articles, financial communication, news, and links to products and services. You can check out Tom's website here: http://loanresource.org, or you can email Tom at info@loanresource.org.
Google News - Top Stories
|
|
|
|
RELATED ARTICLES
Will Inquiries Lower Your Credit Score? What are inquiries? How A Prepaid Debit Card Can Help You Rebuild Your Credit Consumers today are up to their eyeballs in debt. And many people don't realize it until their good credit has been devastated. Credit Card Entrapment - The Secrets are Out Have you ever wondered why your credit card bill is so high and you can't seem to pay off the balance? Well you are not alone in this. You should be aware of a couple of trick that they use and you probably don't even pay attention to it, but you definitely pay for it and BIG! What is Credit Repair and How Can It Help You? There are millions of consumer credit reports on file from mainly three major reporting bureaus which include Trans Union, Experian, and Equifax. These credit gathering agencies store huge amounts of data about every person that takes out a loan, credit card, or any other line of credit. Information is reported to these credit bureaus when you apply for credit, apply for some jobs, or even apply for an insurance policy. Big Brother Knows Whats in Your Credit Report - How About You? Whether you are aware of it or not, credit bureaus have been keeping tabs on you and how you use credit. When it's time for you to apply for a mortgage, credit card, or personal loan, your credit report is what lenders look at to decide to approve you or not. Some Truth About Credit Credit is currently and has been historically an integral component of our economy. Credit contribute a person's net worth, and financial power. No matter who you are or what type of business you are considering, credit is a vital component to be considered when developing your business idea and business plan. Credit Card Shocker Have you ever looked at your credit card statement? I'm not talking about just making sure that all the transactions are correct. I'm talking about looking at the finance charges. I daresay that sometimes that figure is almost as great as the minimum monthly payment you're making. After all, as long as you can keep the creditors at bay by paying the minimum, that's all you care about, right? If you agreed, I urge you to reconsider. Credit Repair Myths and Facts There are no secrets to repairing your credit. Many shady credit repair agencies would love you to think the contrary. Negative items can be removed from your credit report and you can do it yourself. One does not need a credit repair "expert" or "law firm" to do it either. While the credit world can seem complex to the average individual, the basics are really simple once you know them. Get Your Credit Score To Soar In The Twinkling of An Eye Ever wonder how a creditor decides whether to grant you credit? For years, creditors have been using credit scoring systems to determine if you'd be a good risk for credit cards and auto loans. More recently, credit scoring has been used to help creditors evaluate your ability to repay home mortgage loans. Here's how credit scoring works in helping decide who gets credit -- and why. Credit Problems? Heres How to Manage Your Creditors If you find that creditors are calling you almost daily or that one of more of your bills has been turned over to a collection agency, you should know how to manage your debts. Finding and Applying for the Right Credit Card Offer Online Anywhere you go online nowadays, you will see a multitude of ads for credit cards. Some offer low interest rate for an introductory period, or bonus frequent flyer miles while others offer real discounts on new vehicles and equipment. Trying to find one that suits your needs and lifestyle can be a little overwhelming. Free Credit Reports - How to Maintain Your Credit Profile Maintaining your Credit Profile Cash Back vs. Rewards Credit Cards Ah, the sweet rewards of using credit! Fixing A Credit Report Fixing a credit report starts with seeing what's on it. You may get access for free online. Try a search for "free credit report." Alternately, when you are denied credit based on a report issued by a local credit reporting agency, you can request a free credit report from that agency within 30 days. Why Is It important! Your credit is the most important thing you have other than your breathe. There are three types of people in this world. There are those who have excellent credit. Those who have OK credit and those who have bad or no credit. Yes each of the above individuals has there own trials to deal with. Let us start by defining what each of the above can and can not do. Credit Cards: What is the Universal Default Clause? Most people who carry major credit cards are well aware that the interest rates associated with them tend to be higher than for other types of lending, such as home or auto loans. Anyone who has paid their credit card bill late more than once or twice is also aware that doing so may cause the interest rate on their card to go up ? sometimes by quite a lot. Many credit cards carry interest rates of as much as 20% or 25% annually, and customers who want to avoid interest rates in that range make an effort to pay their bills on time. Is Your Credit Score Being Held Against You? Credit Scores That Hurt Preventing Credit Card Mess Credit card debts problem is extremely common today. It is usually the first sign of longer term financial troubles. How to manage your credit cards so that you will never fall into credit card mess? There are four pillars in preventing credit card debts problem. Good vs. Bad Credit Debt Do you know the difference between good and bad credit debt? Most everyone seems to think that all debt is bad, but that is not always the case. In fact, there are some instances where good debt can actually help your financial situation. A Summary of the Fair Credit Reporting Act This summary of the Fair Credit Reporting Act will explain what you can legally do if you want to repair your own credit report. No matter what you hear, you can dispute credit information on your credit report if you understand the legal rights you have under this law.
|
|
|
|
|
