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How Many Credit Cards Are Too Many?
Credit cards can increase your purchasing power, but how many credit cards are too many? There are both pros and cons of having multiple cards.
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How & Why to Create a Digital Wallet
If you’re still using cash, credit, or debit every time you buy something and are looking for a simpler way to make your payments, creating a digital wallet—aka ‘mobile wallet’—may be the answer. Digital wallets offer a convenient alternative to traditional payment methods, and they don’t require you to carry a wallet full of cash or credit or debit cards to make a purchase.
Secured Credit Card Deposits
A secured credit card is a good way for those with little or no credit history to build credit. But there’s one major difference between a secured and an unsecured, or traditional, credit card. A secured credit card requires that some security, or collateral, be tied to it to minimize the card issuer’s risk. This collateral is in the form of a monetary deposit, which the card holder is required to make before they can start using a secured credit card. This deposit is typically equal to the credit limit of the secured credit card.
Renting a Car with Credit Cards
While most rental car companies will let you settle your bill in cash when you return the car, some will not let you reserve a car with a cash deposit at the beginning of the rental transaction. Other rental car companies may let you rent a car with a cash deposit, but you will most likely have to clear multiple hurdles first—providing proof of insurance, showing a paycheck stub, filling out an application and possibly paying a fee, providing copies of utility bills, and more—plus, you may have to pay the entire cost of the rental up front.
Five Domestic Road Trips to Consider Taking
There’s something about an open road, a loose itinerary, and the possibility of adventure that’s uniquely American. And America is world renown for having some of the best roads and routes for wandering. Whether you’re looking for long, empty expanses to lose yourself in, or stretches of road chock full of awe-inspiring scenery, or patches of pavement packed with history that tell a tale of how America once was, there’s a road trip with your name on it out there.
Credit Card Debt Consolidation
If you’re tired of juggling multiple credit card payments and want a simpler way to pay down debt and get your finances back on track, credit card consolidation may be the solution. A balance transfer is one of the most common types of credit card consolidation. It works by transferring your existing credit card balances to a new credit card, so you only need to make one payment each month on one credit card.
This material is for informational purposes only and is not intended to replace the advice of a qualified tax advisor, attorney or financial advisor. Readers should consult with their own tax advisor, attorney or financial advisor with regard to their personal situations.