Payday Loans Cash Advance!

To save money on bank overdraft fees and avoid overspending, many people have switched to the increasingly popular prepaid debit card. This allows the owner to put money on the card and spend it just like cash. It seems both cheaper and more convenient, but are prepaid debit cards a better option for you than a bank account?

Fees

Although bank accounts seem to come with a lot of fees, prepaid debit cards seem to come with just as many and more. Just like a debit card that is attached to a checking account, a prepaid debit card will require you to pay a fee for ATM withdraws, stop payments, currency conversions, and for a new card if the old one is lost or broken. Like most checking accounts, there is probably a minimum balance as well.

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Like all other debts, credit card debts are pretty worrying, but the thing about these plastic cards is that we tend to use them impulsively and console ourselves thinking that we’re only using it in for small amounts or just this once. But what we seldom realize is that these small amounts add up and the ‘just this one time’ occurs too many time causing us to drown in our own irresponsibility and ending up in a tight financial situation. If you find that your latest credit card statement is way over your head, then it’s about time to settle your debts and start clean.

First thing to do would be to stop spending! It may seem totally and completely harmless to ring up that new sweater but when you start thinking the same for that new pair of shoes, (more…)

The 0% balance transfer credit card market is surging ahead, in spite of the credit crunch, with 40 cards now offering such deals.

Data from price comparison site Moneysupermarket has revealed there are now 40 credit cards offering 0% balance transfers of 12 months or longer.

Virgin, Capital One and Barclaycard have long been regarded as the fore-runners in the balance transfer market, according to Steve Willey, head of credit cards at Moneysupermarket, and they are still leading the pack, with 15 and 14 month 0% deals. However, both impose balance transfer fees of around 3%.

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