Online shopping has become more and more popular not only because of the cool technology being used, but simply because you can get a real bargain and a much wider selection than in any brick stores.
Therefore, it makes perfect sense to participate in this exciting activity. But unfortunately, most people still think, and this is […]

New credit card rules have been long awaited and anticipated by all credit card holders who have been ripped off by credit card companies left and right. There is a well known fact that besides the outrageous percentage rates, banks make their largest profit on late and overdraft fees. For example, in year 2007 the […]

How Your Balance Is Calculated
Another important thing to keep in mind is the way banks calculate your balance on the card. There are several computational methods, and banks usually use those that are not in the debtor’s favor.
Here are the most popular ones:
Average Daily Balances Including New Transactions
Using this method, banks add up your balance […]

How do I calculate apr rates on credit cards? Well … It depends on what your intention is. You might want to try using one of the calculators on the web, or even this one on creditcardswise.com. However, I would recommend reading this article to the end, getting to know simple principles behind the credit […]

The other day my wife and I were invited to attend a home presentation of a very remarkable machine. It was a vacuum machine, but boy, it could do anything except cooking!
We spent a great chunk of our time watching all of the machine’s features, which were very sophisticated, and listening to a very long  […]