Archive for the ‘Mastercard’ Category

credit card?

Monday, February 6th, 2012

me2 asked: I am about to enter a a debt management program for one of my credit cards. The say that they can negotiate a settlement. My question is can I do that on my own? Will the credit card company listen to me? or do I need ...

What credit card out there has the easiest approval?

Monday, February 6th, 2012

youresoscene_xxx asked: I have some credit, but not a whole lot. My credit score is 628. I also have a delinquncy with Chase, which I am trying to pay off now, but I want to get a different credit card in the mean time to make payments on that to ...

How do you get a credit card with bad credit?

Monday, February 6th, 2012

Heedie asked: I am trying to pick my credit score back up off the floor and have heard that you can do this by applying for credit cards and making the payments on them. Nice! Except, I went through a divorce and my credit is now lowsy. I ...

What is the relationship between interest rates and demand for money?

Monday, February 6th, 2012

SwimGirl asked: A) As interest rates decrease, demand for money increases. B) As interest rates increase, demand for money increases. C) Interest rates are determined by demand for money. D) Interest rates and demand for money are unrelated. --- I am so confused. Is money supply the same thing as demand? In that case it ...

(Australian context) How do interest rates affect inflation in this day and age?

Thursday, February 2nd, 2012

NONAME asked: I really don't get this. At the moment, most inflation is directly or indirectly related to the price of fuel. Many people do not have mortgages and have enough money to support themselves without using credit. How can the reserve bank continue to assume that interest rates will control ...

What is the consequence for paying off your current credit card debt with a new credit card?

Tuesday, January 31st, 2012

Reggie asked: I have 2 credit cards and they're not even that much. I've been paying every month to reduce the balance but after interest charges, it seems to go straight back up. I recently checked my credit score, and it's in pretty OK shape. I know if I get ...

what is difference between a credit card company and a bank giving credit card?

Tuesday, January 31st, 2012

akp asked: I think both of them can give credit cards or is it the bank only who issues them.If it is given by bank why we have different credit card companies,do a single bank issue credit cards of different companies. Or do a single credit card company offers services at ...

If inflation is growing and interest rates are decreasing, what will happen to bond prices?

Tuesday, January 31st, 2012

Yardbird asked: This seems to be the current situation; usually interest rates go up with inflation (which would make bond prices go down), but now we have substantial inflation, and interest rates are heading south. Help! Are bonds safe?Tankless Hot Water Heaters

What is a good credit limit for a first credit card?

Tuesday, January 31st, 2012

Michelle W asked: I got my first credit card a couple years ago via Bank of America, and my current credit limit is $9000. Since I don't have any experience with credit cards in the past, I'm wondering if this is good or not? Is there anyway I ...

What is the artificially low interest rates banks pay doing to your savings?

Tuesday, January 31st, 2012

Dalai oBama asked: Justified by the artificially low inflation rates. What happens to seniors interest income from the money they saved all their lives? Peace - Bond funds are heading toward disaster.Direct Vent Gas Fireplace