Fast Credit Card Advice

Business credit cards are specifically designed for business owners, executives and employees. These are credit cards that can come with the same features as traditional credit cards, like low intro rates, travel rewards, etc. But business credit cards have many benefits right for businesses. Such cards help their holders separate business expenses from personal ones, they offer special business rewards and higher credit limits compared to consumer credit cards. If you have a business card you can obtain additional cards for employees to track their spending.

Under the new credit card rules credit card companies cannot raise your interest rate because of late payment unless you are more than 60 days late paying your credit card bill. Besides, the credit card company must notify you in writing that your interest rate will go up.

According to Fair Isaac, the company that created the credit score called FICO, a good credit score is somewhere between 660 and 749.

Everything is as simple as it sounds. In case of prepaid cards you load your card with money upfront. You can spend what’s on your prepaid card only and no more. If you want to spend more with your prepaid card, you need to load more on your card. Prepaid cards are a great option if you have been turned down for a regular credit card and they can help you learn proper financial habits. Before applying compare different prepaid cards and find out which ones come with the lowest fees.