Credit | Bible Money Matters

Still Think Credit Card Companies Aren’t Evil? Read This.

September 15, 2008

News flash – credit card companies are not looking out for your best interests A common theme that I have on this blog is that credit card companies are never looking out for your best interests, and you need to make sure you always keep a wary eye on them. Think those rewards cards have [...]

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Your Credit Card May Give You Perks You Didn’t Even Know About

August 28, 2008

Having stuff stolen stinks I recently was unfortunate enough to have some personal items stolen from me, including a GPS and digital camera. I had only recently purchased the GPS, and digital cameras aren’t cheap to replace. photo credit: Steve Keys I called my homeowner’s insurance to see if they would cover the replacement [...]

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Credit Crunch to Continue Getting Worse?

August 20, 2008

This year has been a tough one economically. We’ve had the foreclosure crisis, and now the credit crunch. People are bracing for the worst. Now leading academics are saying that the credit crunch may not be over yet. The deepening toll from the global financial crisis could trigger the failure of a large US bank [...]

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Are You Building Your Credit, Or Just Going Into Debt?

August 12, 2008

People love to spend money, and they’ll come up with any number of reasons that they just NEED to go into debt. They will tell you things like, “I’m only using this credit card so that I can build my credit!”. Or, “I’m only buying this new car because they’re giving me such a low [...]

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A Credit Card You Can Use To Help Others, And Get A Good Rate Too!

August 1, 2008

Helping others through microloans A couple of weeks back we had a guest post on this blog talking about micro-lending. The post talked about how micro-loans through companies like Kiva or Grameen Bank, can help people in developing countries to get on their feet, get their business up and running, and how it can be [...]

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Financial Crisis: First foreclosure, now credit cards?

July 26, 2008

The next big crisis? The past year has been a tough one for our economy. We have seen the companies suffer as the mortgage industry undergoes a huge crisis. Thousands of foreclosures have happened to people who got into mortgages they couldn’t afford. Adjustable rate mortgage and interest only loan rates started going up, and [...]

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Fraud, Identity Theft Grow At ATMs

July 20, 2008

I recently posted on this blog about how identity thieves had made some attempts at stealing people’s credit card information and identities by putting “credit card skimmers” on the Redbox movie rental machines at local Mcdonalds, and grocery stores. After reading an article at MSN Money today, it sounds like this type of crime is [...]

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Dave Ramsey Explains Why The “Debt Snowball” Works

July 17, 2008

photo credit: SqueakyMarmot I’ve heard a lot of discussion about Dave Ramsey’s Debt Snowball recently, and why his method is mathematically inferior to other methods of reducing debt. Ramsey says he realizes that sometimes his way isn’t the best mathematical way to get out of debt, but that it still IS, in his opinion, the [...]

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Credit Card Rewards – Are They Really Worth It?

July 2, 2008

Credit Card Rewards – They Seem Like A Good deal These last few weeks I’ve been thinking a lot about our credit cards, and whether or not we should just close the rest of our credit accounts. My philosophy is becoming more and more anti-debt, and the idea of going credit card free is appealing, [...]

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7 Ways To Improve Your Credit

February 26, 2008

Do you find yourself in a situation where your credit history is less than desirable, and you need to improve your FICO credit score? If you’re like the majority of Americans, the answer is probably yes. The median or average credit score for borrowers in the United States is 723, and over 60% have a [...]

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$25 Credit Card Refund For Foreign Travel

January 30, 2008

In past weeks official looking envelopes have been appearing in people’s mailboxes across the country, and some people aren’t quite sure whether or not to take them at face value. The envelopes claim to be coming from the “Settlement Administrator” and if you are a quaifying credit card customer, you could be receiving $25 in [...]

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Free Stuff: Get A Free Daily Credit Report

January 28, 2008

The past couple of years my wife and I have been keeping close tabs on our credit. We purchased a house in late 2006 and making sure our credit was in good shape was important while we were looking for a home loan. (Yes, I know. We bought a house right before the bubble burst. [...]

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