Education Beware of Black Friday
Saturday, 28 November 2015 06:05

Beware of Black Friday

Written by 
Rate this item
(0 votes)

As the mass chaos of Black Friday rapidly approaches you can already see people starting to lose their minds. Kids throw fits at the sight of their favorite toy, grown men beg their wives for the new Xbox Kinect and wives across the nation take the weight of pleasing everyone on their wish list on a limited budget. It is no wonder that the lure of 20% can cause the strongest of men to wait in the cold at 3:30 in the morning! To help you maximize your 20% savings I would like to offer you credit tips during the holiday crunch time! Don't Get Caught in the Retail Card Hype 1. Retail Cards are just "Pretty" Junk Cards. Did you know that typical retail credit cards offer a $750 credit limit with a rate of up to 24.9% - and this is for people with GOOD credit!!! They entice you with 20% off and can be having you pay 4.9% more than the original price, how is that for savings? Don't get caught with a junk card with a logo, it is a bad investment. 2. Inquiries Can Crash Your Scores. Retail cards are not looked on as favorably as credit offered by auto dealerships or mortgage companies. Because of this multiplie inquiries from a retail credit cards can affect your scores more drastically and for longer periods of time than other inquiries. 3: New Accounts can Hurt Your Credit. 10% of your FICO score is based on the age of your credit. This is used by taking the averages of all the accounts opened. Opening new lines of credit will lessen the average age and potentially affect your score. The more your open then more you can affect your score. Also according to FICO it takes an average of 90 days for an account to score correctly which can make your credit scores suffer during this period. Using Credit the Smart Way If you are planning on using credit this holiday season then use an existing card with a low interest rate and a decent credit limit. Anytime you are using a credit card for purchasing keep in mind that 30% of your score will be based on how much you owe and how high your credit limits are. So think before you buy or that 20% off may cost you more than the original asking price! Keith Knapp | Credit Guys

Read 1707 times
Super User

Lorem ipsum dolor sit amet consectetuer Vestibulum pede velit tempor Pellentesque. Iaculis hendrerit hendrerit Maecenas Quisque leo vestibulum quis purus id gravida.

Website: www.joomlart.com

11 comments

  • Comment Link global parenting news Wednesday, 24 May 2017 10:03 posted by global parenting news

    thank you for sharing this information.I really enjoyable to read your post.thank you so much

  • Comment Link academic writing service Wednesday, 24 May 2017 05:27 posted by academic writing service

    Good way of telling, good post to take facts regarding my presentation subject matter, which i am going to deliver in my college. academic writing service

  • Comment Link body type diet Friday, 12 May 2017 13:25 posted by body type diet

    It certainly is good to come across great material like this. Speaking of excellent content, have a look at the web link in my blog post that explains to you drop excess weight according to your body type. The diet plan is effective, trust me.

  • Comment Link Do My Essay For Me Wednesday, 10 May 2017 10:00 posted by Do My Essay For Me

    Black Friday is an American experience, and in the US it makes wonderful sense because it falls during the feast period.

  • Comment Link product animation videos Wednesday, 10 May 2017 08:06 posted by product animation videos

    That has lead to fears that devious reduction strategy could be extensively deployed to prevent Black Friday soreness the sector’s productivity.

  • Comment Link pay for assignment help Monday, 08 May 2017 07:09 posted by pay for assignment help

    Black Friday is not an official occasion, but rather California and some different states watch "The Day After Thanksgiving" as an occasion for state government representatives, now and then in lieu of another elected occasion, for example, Columbus Day.

  • Comment Link Do My Essay For Me Thursday, 04 May 2017 11:32 posted by Do My Essay For Me

    This multiplied request from a sell charge cards can influence your score all the more radically and for longer timeframes than different request.

  • Comment Link lose weight Tuesday, 31 January 2017 20:45 posted by lose weight

    Great submit. It looks like alot of hard work went towards this one.

  • Comment Link Fat Loss Friday, 18 November 2016 16:30 posted by Fat Loss

    If I can run into more content like this one, that would be great.

  • Comment Link Natural Weight Loss Sunday, 23 October 2016 19:21 posted by Natural Weight Loss

    This unique content is pretty interesting. I am going to definately be coming back to your blog.

Leave a comment

Make sure you enter the (*) required information where indicated. HTML code is not allowed.

Education Beware of Black Friday

Connect with us

Our brand's address

1

Brands at Buckingham, New York , America

Tel: (26 4) 2212820, Mail: info@joomlart.com
2

Brands at Buckingham, New York , America

Tel: (26 4) 2212820, Mail: info@joomlart.com
3

Brands at Buckingham, New York , America

Tel: (33 4) 2212820, Mail: info@joomlart.com