Credit cards provide you with a lot of convenience and benefits. However, you need to protect your credit card(s) against fraud.
Apart from making sure your bank has issued with a NOW STANDARD CHIP AND PIN , Here is a list of measures that you should adopt to protect your credit card against fraud in Ireland and abroad:
Read the rest of this entry »
Credit card debt in Ireland is a matter of worry for a lot of credit card holders today. These are generally those people who ignored the simple fact that any payments made using the credit card are actually a borrowing which needs to be paid-back to the credit card supplier within a stipulated time. These people (should we call them debt card holders) just went on spending on their credit card as if it were their own money. When they reach the credit limit on their first credit card, they switch to another/new credit card and continue spending in the same way. The story continues until they start receiving legal notices from credit card companies and calls from debt collection agents. They have now entered the stressful world of credit card debt.
Read the rest of this entry »
There is a lot said and heard about it in newspapers, television, internet, chat forums and just about any discussion on credit cards. Credit card debt consolidation is often regarded as the first step towards credit card debt elimination. We see it all over the sky TV Ireland ads, in fact, its everywhere. All those loan repayment offers that are springing up all over Ireland!
Put simply, credit card debt consolidation is about shifting (transferring balance) your debt from one or more of your credit cards to another credit card. Generally you transfer balances from the higher APR credit card to the lower APR one. This obviously means that you are trying to reduce your outgo on the interest component of the credit card debt and hence reducing the rate at which your current debt is building up (this, of course, doesn’t include the new debt created by new spending). Other, less significant, reasons for balance transfer could include things like additional benefits on the new credit card, ease of debt tracking, lower annual fees etc.
Read the rest of this entry »