Credit Card Charges to Watch Out For

Credit Card Charges The best part of having access to a credit card or many cards is the ability to leverage your good name for some purchasing power that doesn’t need to be backed up by actual funds. The downside of credit card use is when you end up running into those pesky credit card charges. Nobody likes paying more than they have to for access to credit, and it’s the charges that can really get you in over your head quickly if you aren’t aware of the worst charges that you could face.

Re-Occurring Charges: Consider it a membership or a penalty, the card issuer will call it a cost of doing business for their client. You have to decide what level of charges or fees you deem appropriate for the type of freedom, flexibility and benefits a particular credit card offers in exchange for your having to pay those fees.

Cash Advance Fees: Credit cards are intended to facilitate purchases more so than they are intended to be instruments for procuring cash. Cash and credit are two very different types of financial instruments and they usually have two very different types of use. For those reasons and many others,  credit card charges are often associated with accessing cash advances from a credit card. While not unusual, it is very important to be aware of this fact before having a ball at the ATM machine with your new card.

Using the Card Overseas: Certain card types will waive international charges for use outside of your home country, but that is definitely the exception and the chances are that the card in your name will charge a rather hefty fee for normal card usage, but when enacted on foreign soil. This problem can be avoided by traveling with cash or money orders.

Whether you run into one of the common credit card charge culprits listed above, or if you’re experiencing a fee or charge not discussed — if it’s excessive, you might want to consider closing that account if you can transfer the balance away to another account with a better set of terms and conditions. This type of final decision would definitely require the proper level of financial consideration and deliberation before making any drastic and high-ticket final choices.

If you find that you can’t meet your savings goals or that you have fallen behind on that ever-mounting credit card debt, you might be living beyond your means. Your spending habits really can impact your financial future. Let’s take a look at some signs that indicate you are living beyond your means. No, or Little Savings It’s time to curb your spending when you notice that your savings aren’t increasing over time. Sure, you probably have a heap of bills to pay, but you should still be able to dedicate some money from each paycheck to your savings or investments. Before you spend your paycheck, consider that spending it today will reduce your ability to clear debts and enjoy financial freedom. A Seemingly Insurmountable Debt If you have built up credit card or school loan debt that just seems to keep on growing due to high- interest rates, you might be living beyond your means. Instead of reaching for the plastic for each purchase, use cash. Also, mind your spending. Think about how nice it would be to pay down your debt instead of buying coffee each morning, splurging on video games or running up a tab at the bar. A Reliance on Cash Advances If you use your credit card for cash advances, you are undoubtedly living beyond your means. Cash advances through your credit card company come with exorbitant interest rates that make the loan incredibly difficult to pay off in full and in a reasonable amount…

A lot of life’s problems start very small and grow so big over time that they become unmanageable. Take your utility bills, for example. They are usually small, but if you fail to pay up for several months, the accumulated amount becomes a big issue. If you have no extra source of income, your overdue payments and debts disrupt your cash flow and can be a huge source of stress. When your needs are still small, taking out small loans can go a long way in preventing cash flow problems in the future. A small loan can impact your cash flow in the following ways: Helps you pay utility bills: Failing to pay utility bills on time is an expensive habit because you will be served with a fine with every late payment. The longer you put off paying, the higher the fine will be as it increases every month until you pay up the entire amount. Small loans can help prevent such a situation by allowing you to pay on time. Helps you clear small debts: Debts have an unpleasant habit of growing over time. The longer you put off paying, the more interest you will accumulate. Over several years, the small loan you have taken becomes so huge that you will be in danger of being stuck forever stuck in a debt trap. A short term loan can help you clear the debt while it is still small so that you will be able to move ahead with…

8 Things You Should Buy Used   Sometimes, you just don’t have the room in your monthly budget to buy something brand new. The good news is that in a lot of situations, you can do just as well when you buy used. Here are a few items where you can save big:   Cars – New cars are expensive and depreciate very quickly, so you can save big here. If buying used means you can pay cash instead of financing your vehicle, you’ll save even more.   Bicycles – New top of the line products may have comfort or performance tweaks, but on a basic level, bikes still work the same way they always have. It is proven technology that lasts a long time when cared for properly.   Furniture – Craigslist, thrift stores and garage sales are good sources for furniture and if you are willing to reupholster or paint you’ll find even more bargains. Don’t forget to ask friends and family for unwanted furniture.   Children’s clothes – Everyday kids’ clothes can be a bargain when you buy used. Since children outgrow clothes quickly, you can find items that are in good condition or even new at consignment or thrift shops, garage sales, and sales sponsored by local churches and PTA’s.   Books – If you still prefer paper to electronic, buy used. The classics are usually easy to find at thrift stores and garage sales.   Kitchen Basics – Pots and pans, dishes, glasses, mixing bowls,…

Get Cash Fast From Your Home You may have seen those “get cash now” advertisements online or TV commercials and you may be suspicious. There should be a healthy skepticism for something that seems so seamless. But like online shopping, online food ordering, online learning and online everything, or so it seems, trusted online short term lenders are becoming the preferred method to get cash fast. Here is why so many people like you are turning to easy and quick online short term loans: Convenience Visiting storefront short term loan locations and comparing their rates can be a hassle for a number of reasons. For example, you have to physically go to the storefront location, which may not be convenient for you. Additionally, you may have no way of knowing ahead of time how much they will loan you. With an online short term lender however, you can conveniently apply online from the comfort of your own home. The application is in a convenient format, is user friendly and you will receive a response to your application instantly at your computer. From there you can compare the best short term lenders with one another. This added level of convenience not only helps you get cash fast, but may also take any added stress out of obtaining a short term loan. Speed When it comes to the matter of getting your cash, online short term lenders like Northcash can deposit your loan into your bank account within hours of getting approval…

If you’re like most people, your credit is your lifeline in tough times. One wrong turn can ruin that in no time, so you have to be prepared and informed. One way of doing that is to keep track of your credit report and score over time. Not only will you know what’s going on, but you’ll be able to find and fix errors, get items removed, and more. There are a few different options for how to get things off your credit report. For starters, most of the credit bureaus have an online service for this. There is often a “dispute” or “correct information” button on the page where you are viewing your credit report, or somewhere on the website nearby. A click of this button, a little information, and you can be on your way to good repair. You could also call the creditor directly (if there is a negative or incorrect item) and see if they will review the account or item and take it off. The creditor may or may not remove the item, but you can then turn to the credit bureaus (Equifax, TransUnion, and Experian) and have them remove or investigate disputed items. That’s the best place to start when finding out how to get things off your credit report. If you are trying to figure out how to get things off your credit report that are valid, that’s another story. You can often work out payment arrangements with many of the companies that…

When you get married, there’s a lot of advice for newlyweds thrown your way. People are quick to advise you on how to keep your love life sizzling and your relationship happy, but there’s one type of advice for newlyweds that you really should heed, and that’s how to keep your finances in good shape. A great financial future starts by saving money wherever you can, so here’s how to save when buying items for your new household after you get married. Furniture If you’re lucky, one or both of you lived on your own before you got married. If so, you probably have furniture that you can use to furnish your new home, at least temporarily, until you can save up to buy new things for your new house. When you are ready to buy, save money by shopping during peak holiday times, which is when stores typically hold their big sales. Don’t be afraid to ask for a discount or free delivery. You could be surprised by a “yes” that brings savings, too. Consider buying the floor model, and skip “customized” furniture as it usually costs more. Appliances While you should try to buy the best quality large appliances that you can afford, since you’ll be using most of them daily for years to come, you can still save money with savvy shopping. For washers, dryers, and refrigerators, look out for “scratch and dent” sales. These are sales stores use to get rid of display models that have…

Your credit score is a number that most lenders use in order to determine your credit worthiness. If you are considering applying for a home loan, an auto loan, a credit card or personal loan, your credit score can play a massive role in the interest rates you are offered, the loan terms available and even whether or not you are approved. Additionally, your credit score can have an effect on other aspects of your life as well. Most landlords check your credit score when you apply for a lease or rental agreement, and many insurance companies and employers review your credit score these days when you apply with them as well. Because of the impact that your credit score has on a variety of life situations, it is critical that you understand how your credit score is determined, and the factors that can affect it. Understanding your Credit Score Understanding your credit score is an important step in being able to maintain a good credit rating. While your credit score is determined by your credit history, there are numerous factors that are combined to make up your credit score. • Your Total Debt and Debt to Income Ratios • Types of Credit Accounts • The Number of Late Payments • The Number of Past Due Accounts • The Age of Credit Accounts • Collections and Public Records • Recent Credit Inquiries It is important to remember that not all factors will affect your credit score equally. A high number…

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Northcash is an economic arm of the Fort Belknap Indian Community, a federally-recognized Indian tribe located in Hays, Montana. The Tribe and its businesses have governmental sovereign immunity and have not and are not waiving that immunity for any purpose associated with the consumer lending business of Northcash and therefore Northcash is not subject to suit by you or any third-party for any reason. CAUTION: IF YOU ARE NOT COMFORTABLE DOING BUSINESS WITH A SOVEREIGN INDIAN TRIBE THAT IS NOT SUBJECT TO SUIT, YOU SHOULD IMMEDIATELY DISCONTINUE USING AND ACCESSING THIS SITE. We may from time to time in our sole discretion and without notice to you modify the terms of this Agreement and/or change the rules that govern your use of our Site.

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This is an expensive form of borrowing, and it is not intended to be a long-term financial solution. Northcash loans are designed to assist you in meeting your emergency borrowing needs. The Annual Percentage Rate (APR) applied to your loan will vary depending on the pay period with the maximum APR on any Northcash loan being 795%. This is a term installment loan with approximate equal payments, but you have the right to prepay at any time. Any instances of late or non-payment may be subject to additional fees, such as NSF and late fees, as well as collection activities Before borrowing, we ask that you assess your ability to repay the amount you borrow.

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