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Feb28
Get Credited! How to get Credit for yourself and your Business the smart way!

Sponsored Review 

A commonly asked question is "Which credit card is the best for my new business?"  There are so many to choose from, and so many options and bells and whistles, how can you decide which credit card is best for you and your business?  If you have a new business, you want to create a credit history and I found this great new credit card comparison site that can help you do that!

Creditme.com is a website where you can find loads of helpful infromation about credit, credit scores, credit cards and so much more.  Creditme agreed to have me review Creditme.com and share how it can help the readers of my blog. After checking out their website I am excited to share what I have found with you. 

What is Creditme and how can it help me?

Creditme is a website with applications to many different credit card offers that you can fill out for free online.  You can choose a credit card by issuer, you can compare interest rates, choose a card based on benefits such as earning air miles or points.  You can find credit cards specific to business, cards for people with poor or bad credit, balance transfer cards, anything you might need.

If you want to find the best card for yourself or your business, this would be the place to start.  You can start out by searching by issuer, some issuers they list are American Express, Bank of America, Citibank and Discover as well as many others.  So if you have a preference on which bank you would like to do busienss with, you should start there.

You can also search by the type of card such as cards that offer airline miles, cards that are specific to balance transfers, business credit cards, low interest rate cards, cards for bad credit, prepaid, reward and student credit cards. 

Once you decide how you want to choose your card and what you want to compare, you can find out the specificsto make an educated decision.  I chose "Credit Cards for Poeple with Bad Credit" and it brought up 10 results, I didn't think there would be so many.  Once you have the results of the cards that accept bad credit, you can compare the interest rates, annual fee and other options.  You then click on the "APPLY NOW" button to be taken to that cards website where you can fill out an application.  On my list of 10 cards, the first two had broken links but the third one worked and brought me to the website where I could sign up to apply for this card.

There is an extensive FAQ with some very helpful questions and answers, even if you are not looking for a card, I would check these out if you have any questions about credit and credit cards.  They offer questions and answers on such things as:

 

·         Credit card refunds

 

·         Credit card rewards

 

·         Applying online

 

·         Credit card finance charges and a lot more.

 

If your not ready to apply for a card you can sign up for their free newsletter that will send you free tips on credit cards and free advice on how to improve your credit.

 

I would love feedback from anyone who is familiar with this service or who has used it. Please leave your comments!

 

 

Feb27
What does a Credit Policy Do?
A credit policy has certain objectives, I have listed some of them here so you can see what the goal of having a Credit Policy could be: To provide timely notification to customers regarding past due amounts, and therefore eliminating old balances... Continue Reading
Feb26
If you think no one cares, try missing a couple of payments
A common complaint bill collectors hear from debtors is that no one cares about us, or our finances or our situation.  Just like someone with a negative attitude, many times debtors place the blame on everyone else but themselves, this... Continue Reading
Feb19
Add a Credit Policy to your Business Plan and Get a Loan!
If you have been to the bank to get a business loan to start a business or for funding for your existing business you probably approached them with a business plan and possibly a marketing plan or outline.  Every business... Continue Reading
Feb18
Hiring a Bill Collector for your Business
Working conditions for debt collectors vary from agency to agency.  Some debt collectors work in call centers, offices, out of their homes, or vehicles.  In-house and accounts receivable collectors normally work in an office environment.  Collectors that work for third-party... Continue Reading
Feb16
Collecting on Past Due Auto Loans
People normally default on auto payments because of common circumstances:   Lost or Quit job and unemployment is not available or not enough to keep up paymentsMajor repairs, if they were struggling to make the payment now they cant make the... Continue Reading
Feb15
How to Reduce Bad Debt
You should have a standard, in-house written policy on handling accounts. The policy should include when to call new customers, when to call established customers and when to send letters. If you don't you need to start a credit policy... Continue Reading
Top 8 Reasons to use a Collection Agency
Look for the following signs that you may need to work with a collection service: A new customer does not respond to the first notice. For some unknown reason, the consumer will not or cannot pay. Potential losses could be... Continue Reading
Do I need to use a Collection Agency?
As an account ages, the chances of collecting on it decrease dramatically. It's expensive to carry accounts that you will not be able to collect using the methods at your disposal. It's often a better use of your company's time... Continue Reading
Feb12
What is Skip Tracing and do I need to Do it?
If you need to locate or find someone that owes you money, then that is called skip tracing.  Most uncollected accounts are because a creditor did not try to locate someone in order to get paid.  The phone was disconnected... Continue Reading
Feb11
CREDIT – The definition
Credit is when someone borrows money with the understanding that it will be repaid, that person has been given credit.  Obtaining credit from a creditor has costs associated with it.  The cost is based on the interest rate and fees... Continue Reading
8 Things You Cannot Do to Collect Your Money
Give false information  Send out anything that looks like an official government or court document when it is not. By postal mail or email.  Contacting someone about a debt by postcard.  Use a false name when trying to collect your... Continue Reading
Feb 7
Who Profits Most from Debt?
Smart Money ran a 6 page story this month called "Penny Pinchers".  They now have an article taken from that article on their website called "Who Profits Most from Debt?  Debt Collectors."  They also ran this same story in the... Continue Reading

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