Credit Card Now

A High Court judge has decided banks are entitled to chase debts even if they have lost the original credit agreement or have failed to provide the document within 12 working days.

Borrowers – mainly advised by claims management firms – had tried to have credit agreements deemed ‘unenforceable’ when lenders failed to meet these criteria.

An unenforceable debt means the lender cannot chase a borrower for money owed.

However, it can still register a black mark against their credit score.

‘Many of these claims are cynical because people knew what they had signed up to,’ says Chris Busby, of law firm Eversheds.

‘This judgment is another nail in the coffin of the credit card reclaim industry.’

Claims management firms – whose charges start at £400 – have argued that debts should be made unenforceable if the original documentation cannot be produced.

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Tags: Credit, Credit Card

When a consumer is looking to make a purchase, they expect a certain level of professionalism, security, and trust from the merchant they decide to do business with. Consumers also understand that by paying by credit card, they’re adding additional layers of protection to their purchase.

Standard Benefits of Accepting Credit Cards

Credit Cards Increase Sales: An increasing number of people use credit cards for convenience, simplicity and impulse purchases. If your business has a merchant account, you automatically extend your customer base, perhaps even worldwide with e-commerce. It’s also much easier to up sell someone paying by credit card vs. cash or check.

Credit Card Terminals and E-Commerce Solutions are Reasonably Priced: Basic merchant accounts include affordable terminals that are easy to set up and require only a phone line and receipt roll. The

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Tags: Merchant, Merchant Account

You can if you want to – simply add his or her name as an authorized user on your account, and have him/her do the same for you. Then you’ll each be issued cards on each other’s accounts and both be able to use all of your combined accounts.

But should you?

Since money issues are a prime cause of divorce, the first thing to do is get into agreement about how your credit cards – and the rest of your financial picture – will be handled. Of course, this issue should have been settled long before the wedding, but if it’s still a question, now is the time to face it.

If your spending habits are similar – good – especially if you’re both conservative spenders. But if on Read more…

Tags: Cards, Cards Should

Do you like to buy lottery tickets? Using this credit card is even better than buying a lottery ticket, because you don’t have to pay to enter.

Every time you use your American DreamCard™ you get one entry for every $1 you spend – up to 1,000 per transaction. The monthly sweepstakes jackpot grows with the amount of money spent on purchases by the American DreamCard® holders. This is the first and only “Pooled Rewards™” Credit Card.
Of course you don’t have to be a big spender, because just one entry could win, but the more entries the better, so you’ll get 1,000 entries just for applying for this credit card. You’ll get 50 more entries when you refer a friend, and another 1,000 when they get their new card.

The current Sweepstakes begins on 10/01/09 and ends on 9/30/10. And while new Read more…

Tags: American Dreamcard™, Dreamcard™