Credit Card Now

Dear Creditnet: I’m a cosigner on my son’s credit card. I know, that may have been a mistake in the first place.

Recently, I pulled my credit report and found out that the account was maxed out, closed in March of last year, and then reported late for six months before he started making payments again. The account status is currently listed as “Pays As Agreed.”

I called the credit card company asking why this is listed as closed if my son is still paying on it every month? They said it was closed because they did not want him to use the account anymore.

Is this the correct way to report the credit card on my credit reports, or should it show as an open account with a zero credit limit?

Answer: Your credit card account appears to be reported correctly based upon the information you’ve provided. Since the

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Tags: Card, Credit Card

Ever have a pang of regret when you notice that shiny new toy you just bought dropped in price right after you purchased it? Back in the days when Amex’s Best Value Guarantee program still lived, that wasn’t such a worry. All you needed to do was call them up, provide evidence of the price drop and get refunded the difference.

The good news is that such programs still do exist. Many credit cards will reimburse you the difference if you find the same item at a lower price, either at the same retailer or elsewhere. For instance, under Citi’s current price protection program, if you find a printed advertisement within 60 days of your purchase for the exact same item, they will refund you the price difference, up to $250 per item (and up to a maximum of $1,000 per cardmember per year) if you placed the entire purchase on your Citi credit card. The m

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Tags: Price, Price Rewind

Cash reward credit cards are enticing to many people. The idea that you can get some of your money back on those purchases you make simply by using your credit card may sound appealing and it can be if you have the ability to pay those purchases off each month rather than carrying the charges over and paying interest on your card. Here are the basics of how cash reward credit cards work.

Cash back credit cards usually offer you a cash back on purchases made using their card. However, these cards charge high interest rates so if you have to carry a balance over month to month you are probably paying more in interest than you are getting cash back.

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Tags: Cards, Credit Cards, Reward Credit, Reward Credit Cards

Auto insurance is a compliance and a basic necessity that as been imposed by most of the States. Many of the states also impose the level of coverage, depending on the driving record and age of the driver. For example, people who have a record of driving under the influence of alcohol and substances need to have a DUI auto insurance policy. Two other coverages that are mandatory include, collision insurance and no fault insurance.

A full coverage auto insurance on other hand is an insurance policy that provides a comprehensive coverage to the driver as well as the car. The specialty of such a car insurance is that the insured person does not have to shoulder much financial risk in case of an accident. In the following paragraphs, the requisite contents of the full coverage auto insurance quotes which are provided by almost all auto insurance companies have been discussed. Read more…

Tags: Auto Insurance, Insurance

Management of work, employees, issues, etc., are the biggest challenges faced by an organization. Thus, the requirement of managers arises, to look after the matters, brainstorm on the issues and handle them on time. Generally, preferences are given to experienced officials, as they are much matured in the way they think and know to take immediate and correct decisions. But sometimes there are those individuals who become managers and then learn how to be a good one. Here are some management skills for new managers that have no experience, yet dream to be the most successful. Read more…

Tags: Managers