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What Is a Credit Card Grace Period?
According to Section 163 (Timing of Payments) of the CARD Act of 2009: “A creditor may not treat a payment on an open end consumer credit plan as late for any purpose, unless the creditor has adopted reasonable procedures designed to ensure that each periodic statement including the information required by section 127(b) is mailed or delivered to the consumer not later than 21 days before the payment due date.”
Stop Living Paycheck to Paycheck
Living paycheck to paycheck can grow tiresome. Check out these tips on how to get out of the paycheck-to-paycheck cycle.
The Invention of Credit Cards
The concept of credit—purchasing something now in return for payment later—has been around for thousands of years. Five-thousand-year-old old texts from ancient Mesopotamia exist, recording accounts of clay tablets being used as instruments for conducting trade, sort of like earthen credit cards. But when did actual credit cards like the ones you carry in your purse or wallet today materialize?
What Does CVV on a Credit Card Mean?
Ever wonder what that mysterious three- or four-digit number on your credit or debit card is all about? Read on to solve the mystery.
How to Lower Your Car Payment
A monthly car payment can take a bite out of your budget. Check out these tips on how to keep it on the low side.
Amplifying Credit Card Rewards with Amex Offers & More Cash Back Rewards
Credit cards that offer cash back rewards have become the norm these days. Some cash back rewards cards, like the Credit One Bank American Express® Card, reward you with cash back rewards via a statement credit on every purchase you make with the card. Other credit cards, such as the Credit One Bank Platinum Plus Visa, compensate you with cash back rewards, awarded in the form of a statement credit, when you use the card for eligible purchases like gas, groceries, and telecommunication charges, such as your cell phone bill.
Removing a Late Payment from Your Credit Reports
You probably already know that making late payments typically doesn’t do your credit score any favors and you should strive to pay your creditors on time, every time. But, if you have a late payment appearing in your credit reports, is there a way to get it removed?
What Are Contactless Payments?
Contactless payments are fast, easy, and secure. Not sure what they’re all about? Read on to get a grip on contactless.
Who Reports to Credit Bureaus?
A credit report is a bit like an academic report card, only instead of reporting how one is doing in school, it conveys how one’s doing managing their credit. It does this by reporting account information supplied by creditors, similar to the way instructors supply grades that represent how well a student is doing in their courses. But instead of assigning a letter grade or numeric grade point, creditors report account activity to the consumer credit bureaus (the agencies that produce credit reports). Information such as payment history, how long an account has been open, credit limit, account balances, account opening and closure dates, and more.
What Is a Credit Card Grace Period?
According to Section 163 (Timing of Payments) of the CARD Act of 2009: “A creditor may not treat a payment on an open end consumer credit plan as late for any purpose, unless the creditor has adopted reasonable procedures designed to ensure that each periodic statement including the information required by section 127(b) is mailed or delivered to the consumer not later than 21 days before the payment due date.”
Stop Living Paycheck to Paycheck
Living paycheck to paycheck can grow tiresome. Check out these tips on how to get out of the paycheck-to-paycheck cycle.
The Invention of Credit Cards
The concept of credit—purchasing something now in return for payment later—has been around for thousands of years. Five-thousand-year-old old texts from ancient Mesopotamia exist, recording accounts of clay tablets being used as instruments for conducting trade, sort of like earthen credit cards. But when did actual credit cards like the ones you carry in your purse or wallet today materialize?