credit cards – Banks Credit Chat https://bankscreditchat.com Daily Tips And Information On Everything Dealing With Credit Sun, 09 Jul 2023 23:29:33 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 Credit Card Closing Warning -Credit Usage Dont Use It You Will Loose It! https://bankscreditchat.com/credit-card-closing-warning-credit-usage-dont-use-it-you-will-loose-it/?utm_source=rss&utm_medium=rss&utm_campaign=credit-card-closing-warning-credit-usage-dont-use-it-you-will-loose-it https://bankscreditchat.com/credit-card-closing-warning-credit-usage-dont-use-it-you-will-loose-it/#respond Mon, 31 Jul 2023 23:28:49 +0000 https://bankscreditchat.com/?p=538 In this short video I discuss one of the cardinal rule to not forget as you take the time to build and establish credit lines for credit cards. Credit card companies have a sneaky way of closing out accounts if you don’t use them or payoff the balance.

Find out what happened to me personally in this video.

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Credit Cards & Home Improvement Projects – Users Beware! https://bankscreditchat.com/credit-cards-home-improvement-projects-users-beware/?utm_source=rss&utm_medium=rss&utm_campaign=credit-cards-home-improvement-projects-users-beware https://bankscreditchat.com/credit-cards-home-improvement-projects-users-beware/#comments Tue, 18 Apr 2023 16:31:13 +0000 https://bankscreditchat.com/?p=481 In this video I cover if using a credit card is an effective idea when doing a Home Improvement Project. Find out the potential pitfulls of using a 0% credit card in remodeling projects in your place of residence.

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3 Reasons Why You Should Not Close Out Any Of Your Credit Cards Especially in 2023! https://bankscreditchat.com/3-reasons-why-you-should-not-close-out-any-of-your-credit-cards-especially-in-2023/?utm_source=rss&utm_medium=rss&utm_campaign=3-reasons-why-you-should-not-close-out-any-of-your-credit-cards-especially-in-2023 https://bankscreditchat.com/3-reasons-why-you-should-not-close-out-any-of-your-credit-cards-especially-in-2023/#respond Sat, 25 Feb 2023 20:03:52 +0000 https://bankscreditchat.com/?p=471 In this video I provide 3 reasons why you should never close out your credit cards.

#1 Credit Utilization Ratio

#2 Reduces The Length of Your Credit History

#3 Limits Your Credit MIx

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Money Management International Review Update- Warning Debt Management Plan Discover Card Issues! https://bankscreditchat.com/money-management-international-review-update-warning-debt-management-plan-discover-card-issues/?utm_source=rss&utm_medium=rss&utm_campaign=money-management-international-review-update-warning-debt-management-plan-discover-card-issues https://bankscreditchat.com/money-management-international-review-update-warning-debt-management-plan-discover-card-issues/#comments Wed, 23 Nov 2022 14:12:50 +0000 https://bankscreditchat.com/?p=446 In this video I provide an updated review of Money Management International. There is not only an issue with having the Discover card on the debt management plan. They are also using debt settlement tactics which goes against what they were known for. This is a must see video for anyone thinking of using their Debt Management Plan.

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Ollo Credit Card- Quick Review On Why This Card Could Be Considered If You Had Credit Challenges https://bankscreditchat.com/ollo-credit-card-quick-review-on-why-this-card-could-be-considered-if-you-had-credit-challenges/?utm_source=rss&utm_medium=rss&utm_campaign=ollo-credit-card-quick-review-on-why-this-card-could-be-considered-if-you-had-credit-challenges https://bankscreditchat.com/ollo-credit-card-quick-review-on-why-this-card-could-be-considered-if-you-had-credit-challenges/#comments Fri, 21 Oct 2022 15:35:00 +0000 https://bankscreditchat.com/?p=436 In this quick video I discuss a credit card that has a pecular name but should be considered if you had some credit challenges in the past. The credit card is called Ollo. If you are looking to repair or build credit this card may be one for you to look into. Find out why in this video

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Credit Churning Warning- Systemic Credit Risk is Coming and This Will Not Be Viable When It Occurs! https://bankscreditchat.com/credit-churning-warning-systemic-credit-risk-is-coming-and-this-will-not-be-viable-when-it-occurs/?utm_source=rss&utm_medium=rss&utm_campaign=credit-churning-warning-systemic-credit-risk-is-coming-and-this-will-not-be-viable-when-it-occurs https://bankscreditchat.com/credit-churning-warning-systemic-credit-risk-is-coming-and-this-will-not-be-viable-when-it-occurs/#comments Mon, 08 Aug 2022 15:35:00 +0000 https://bankscreditchat.com/?p=418 In this video I cover the practice of Credit Churning. This process has become wildly popular in the last 7-10 years. Although this has been viable money making scheme so far, it will not be during a recession.

Find out why in this must see video!

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Credit Cards & Car Loans – Why A Credit Card Should Never Be Used For A Down Payment on a Car Loan ! https://bankscreditchat.com/credit-cards-car-loans-why-a-credit-card-should-never-be-used-for-a-down-payment-on-a-car-loan-2/?utm_source=rss&utm_medium=rss&utm_campaign=credit-cards-car-loans-why-a-credit-card-should-never-be-used-for-a-down-payment-on-a-car-loan-2 https://bankscreditchat.com/credit-cards-car-loans-why-a-credit-card-should-never-be-used-for-a-down-payment-on-a-car-loan-2/#respond Mon, 27 Jun 2022 14:37:00 +0000 https://bankscreditchat.com/credit-cards-car-loans-why-a-credit-card-should-never-be-used-for-a-down-payment-on-a-car-loan-2/ In this video I discuss using a credit card for a down payment for a car loan. Why this may be tempting the repercussions finacially is not worth it. There is so much talk today of using credit cards for everything and in many cases it makes sense.

However when it comes to cars it is generally a bad idea. Find out why in this video.

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Credit And Crypto Currencies- Crypto Currencies Are Now In Credit Cards! https://bankscreditchat.com/credit-and-crypto-currencies-crypto-currencies-are-now-in-credit-cards/?utm_source=rss&utm_medium=rss&utm_campaign=credit-and-crypto-currencies-crypto-currencies-are-now-in-credit-cards https://bankscreditchat.com/credit-and-crypto-currencies-crypto-currencies-are-now-in-credit-cards/#comments Sun, 11 Jul 2021 13:53:00 +0000 https://bankscreditchat.com/?p=300 In this video I cover an article entitled: “Are Crypto Reward Credit Cards A Good Idea”. Here is the link for your review and consideration: https://www.forbes.com/advisor/credit-cards/are-crypto-rewards-credit-cards-a-good-idea/

As Crypto continues to transform the financial market it makes strive in every area even credit. As credit continues to evolve it is best to keep abreast of every turn.

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New Way To Protect Your Credit Card- Credit Protection & The Best Part Its Free! https://bankscreditchat.com/new-way-to-protect-your-credit-card-credit-protection-the-best-part-its-free/?utm_source=rss&utm_medium=rss&utm_campaign=new-way-to-protect-your-credit-card-credit-protection-the-best-part-its-free https://bankscreditchat.com/new-way-to-protect-your-credit-card-credit-protection-the-best-part-its-free/#respond Fri, 26 Feb 2021 14:43:00 +0000 https://bankscreditchat.com/?p=228 In this video I discuss a new platform that allows you to protect your credit cards when making purchases. The company is called Privacy.com and it works utilizing a unique way to ensure you are not risking your credit information when conducting transactions online.

I learned about it from reading an article from money wise.com. Here is the link for you to reference at your leisure:https://moneywise.com/a/protect-your-credit-card

Besides adding another layer of protection the platform is free to use. As always due your due diligence but it is definitely a website worth looking into.

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