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Michael D. Strauss's Articles

  • What Is Credit Card Universal Default?
    Most people are aware that your credit card company may raise the interest rate if you miss a payment. What's less well known is that missing payments on other finance can also push up your card's APR.
  • Student Credit Cards - A Safe Choice For College Students
    College students have very particular needs from a credit card. Luckily, more and more issuers are bringing out products specifically tailored to those needs.
  • How Easy Is It To Be Approved For A Credit Card?
    Although the days of cheap and easy borrowing appear to be over, many people are still looking for new new credit card options. How easy is it for your application to be approved?
  • Your Credit Card Options With A Poor Credit Rating
    Having a bad credit rating is never something to be desired, but help is at hand for credit-impaired people who want a credit card. Many companies offer precisely this kind of product, and competition is hotting up.
  • Save Money By Consolidating Your Credit Cards
    If you have several credit cards carrying balances you may be able to save money by consolidating them into a single card account. Just pay attention to the interest rates and be sure the figures add up.
  • What You Should Know About Getting Debt Help
    Levels of debt are reaching epic proportions. Why is this, and what can you do to get yourself out of trouble?
  • An Introduction to Loan Repayment Holidays
    Loans offering a repayment holiday facility are becoming increasingly popular. What exactly does this feature offer, and who can benefit?
  • The Bare Minimum You Should Expect From A Credit Card
    The credit card has over the years evolved into a complex beast, with many often conflicting features to consider before applying. Before comparing the extras tacked on to a card, you need to make sure the basics are right if you're going to get a good deal.
  • Getting The Most Benefit From Your Rewards Credit Card
    Credit cards with a rewards program can be a very valuable way of profiting from your everyday spending, but to get the best out of them you need to use them wisely. Find out how to maximize the benefits you'll get.
  • Choosing Between Cash Back Or Rewards Credit Cards
    These days, more and more credit cards are offering enticements to spend more in the shape of cash back and rewards programs. Which version is right for you?
  • Is It Worth Applying For A Platinum Credit Card?
    There are many things to consider when applying for a credit card, but is being a status symbol one of them? Read why applying for a platinum credit card might not be the best course of action.
  • Staying Out Of Trouble With Your Credit Card
    While credit cards can certainly be convenient and useful, they can also pose dangers to your financial wellbeing. Following a few simple rules, however, will keep you out of trouble.
  • The True Cost Of Late Credit Card Repayments
    Despite the recent reductions in the amount you're charged for making a late payment on your credit card, it's still best to avoid it when you can. Find out why there's more than a simple fee involved.
  • Credit Cards And Your Credit Score
    Your credit rating is the major factor in deciding what kind of credit card is worth applying for. Find out what you can expect at different levels of credit scoring.
  • Benefits Of A Business Credit Card
    Running a business means that there are dozens of things competing for your time, and so anything you can do to streamline your operation is to be welcomed. Find out how taking out a business credit card can improve the financial side of your enterprise.
  • Credit Card Basics
    Applying for a credit card is a common online activity, but how can you decide which one to go for? Understanding the basics will go a long way in helping you to reach your decision.
  • Three Reasons To Check Your Credit Card Statement
    Opening and reading your credit card statements every month can easily be neglected in favour of other more interesting activities, but this could be a mistake. Read the three reasons you should stay on top of your statements.
  • Are Balance Transfers Still Worthwhile?
    The introduction of credit card balance transfer fees has taken a lot of the steam out of the activity known as card surfing, as it is no longer possible to move debt around for free. But does this mean that transfers are no longer worthwhile?
  • Do You Really Need A Credit Card?
    What can you do if you want the convenience of a credit card without the risk of running up debts? There are three main alternatives you should consider.
  • The Different Types Of Online Loan Sites
    With all the thousands of loan sites on the web, how do you know which one to choose? Read about the different kinds of site you'll come across during your loan research.
  • A Brief History Of Credit Cards
    Despite being so commonplace in modern life, credit cards have a relatively short history. Read when the first cards appeared, and how they developed into the products we know today.
  • 5 Reasons To Stop And Think Before Taking Out A Secured Loan
    Taking out a secured loan can have far reaching consequences for your finances, and so it pays to take your time over the decision. This article discusses some of the potential drawbacks that you should be aware of before committing to a loan.
  • An Introduction To Affinity Credit Cards
    Affinity credit cards are becoming increasingly popular, offering a new range of benefits and features. Find out what they are, what they offer, and whether one could be right for you.
  • Tricks Credit Card Companies Use To Ramp Up Your Bills
    Credit card companies are notorious for squeezing every last drop of profit out of their customers. Find out the ways they do this and how to keep in front.
  • How Much Does Your Personal Loan Cost?
    We all want to get the cheapest loan possible, but how do we know how expensive a loan really is? The interest rate doesn't always tell the whole story.
  • Why Choose A Gas Credit Card?
    Gas credit cards are now available from almost every gas station it seems. Why would you choose one over an ordinary card?
  • The Most Popular Uses For A Personal Loan
    We're constantly being enticed to take out a personal loan or other kind of finance through advertisements and marketing, and the number of people applying for finance keeps on rising. What are we spending the money on?
  • About Sports Affinity Credit Cards
    Sports affinity cards let you donate funds to your team at no direct cost to yourself, and also offer other benefits of interest to sports fans. Find out if one is right for you.
  • Comparing Secured and Unsecured Loans
    The internet is awash with advertisements urging you to solve your financial worries with a personal loan, but taking out the wrong kind can be disastrous for your financial future. In this article we compare the benefits and drawbacks of secured and unsecured loans.
  • Charity Credit Cards - A Good Deal?
    Charity credit cards are often presented as an easy way to donate to charity without any cost to yourself, but is it really that simple? This article shows how there might be more cost effective options available.
  • Choosing Cashback Or Rewards Credit Cards
    With the demise of balance transfers as an attractive credit card offer, cashback and rewards schemes are growing in popularity. Find out what they are and how you could profit from using them.
  • Are Online Credit Card Applications Too Easy?
    Applying online for a credit card is easier than ever, but there is a danger to be aware of. Find out the harm it can do to your credit rating, and how to avoid it.
  • Getting a Loan When You're a Tenant
    It's been easier than ever in recent years for people who own their own home to be accepted for loans and other credit. What's the situation for tenants and others who aren't homeowners?
  • Credit Cards: Why You Should Pay More Than The Minimum
    Credit cards are a great convenience, but it can be all to easy to let your debt slide out of control. Making only the minimuum repayments will make the situation worse, and this article explains why.
  • The Downsides to Debt Consolidation
    Debt consolidation is often portrayed as a simple way out of your debt troubles and money worries, but when is life ever that simple? There are drawbacks to consolidation that you need to bear in mind before making your decision to continue.
  • When Not To Use A Credit Card
    Credit cards are a convenient part of modern life, but unfortunately it can be all too easy to run up problem levels of debt. Knowing when card use is inappropriate will help prevent your card getting you into trouble.
  • Which Kind Of Credit Card Should I Choose?
    There are so many credit cards available with different features, it can be hard to decide which one to apply for. A simple way of narrowing the field is to base your decision on your spending habits, rather than being swayed by eyecatching advertisements promoting features you may not need.
  • Simple Steps to Prevent Credit Card Fraud
    Credit card fraud costs hundreds of millions every year, and is a distressing and damaging experience for the victims. Fortunately, there are some simple ways of vastly reducing the chances of it happening to you.
  • Get in Control of Your Credit Card Debt
    Using credit cards can make day to day life more simple, reducing the need to carry cash and making it easy to shop online and by telephone. However, spending with plastic can sometimes be a little too easy, and many people find their balances get out of control.
  • Credit Card Balance Transfer Fees
    Credit card balance transfer offers were so popular that they ended up costing the credit card industry serious amounts of money. Something had to be done, so the balance transfer 'handling fee' was born.
  • Credit Card Cheques - An Expensive Convenience
    Credit card cheques are touted by card issuers as a convenient way to use your account when cards aren't accepted, but it's not always made clear how much they cost.
  • How Important Is Credit Card APR?
    Many credit card advertisements feature a low APR as the most prominent feature, but is that the most important thing with a card? There are many other benefits to consider, which might be more valuable than a low rate.
  • Flat Rate Credit Cards
    Most credit cards feature different interest rates depending on how they're used. Purchases, balance transfers, cash withdrawals, introductory offers... the number of different rates can be confusing. Flat rate cards charge the same APR for everything, making it easier to keep track of how much your card is costing.
  • Is Cashback The Future For Credit Cards?
    Cashback is a feature of credit cards that is rapidly growing in popularity. Why is this and how could you benefit?

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