Obama Girls Start at New School While Dad Readies For His Payday at the White House

It’s an exciting day today in Washington, D.C. People are talking, but today it’s not about the economy, about unemployment and the lack of a payday, about the upcoming inauguration, or about the stock market. No, today is all about Malia, 10, and Sasha, 7, Obama starting school today at the exclusive Sidwell Friends School.

Where are the Obamas staying?

The Obamas will spend about 10 days living in one of the luxury suites at the Hay-Adams Hotel, which is just across the street from the White House. The family is expected to stay in one of the hotel’s luxury suites before moving to the Blair House, which is the president’s official guest home, on Jan. 15. Then they move to their home for the next 4 years on Jan. 20. Lots of moving for this young family.

What is the Sidwell Friends School?

The Sidwell Friends School is a Quaker-run school- Chelsea Clinton and the Nixon sisters attended – whose philosophy includes:

Sidwell Friends School is an educational community inspired by the values of the Religious Society of Friends and guided by the Quaker belief in “That of God” in each person. We seek academically talented students of diverse cultural, racial, religious and economic backgrounds.

It seems that the size of your payday doesn’t affect enrollment. Sidwell, by the way, gave the entire student body inauguration day off, so the Obama girls will be able to attend without missing any classes.

Children at 1600 Pennsylvania Avenue

It’s been a long time since we’ve had young children in the White House. As a matter of fact, this is the first time there will be young children at 1600 Pennsylvania Ave. since the Kennedy’s. We had the Bush daughters, but they were older when they moved in. We’ve had a child, like Chelsea Clinton and Amy Carter, but they were a child, rather than children.

The Kennedy’s

Caroline Kennedy was almost 4, and John Jr., was just an infant, when the Kennedy’s moved in to the Presidential home on February 4, 1961. Prior to that, Americans had not seen young children in the presidential palace in 50 years, since Theodore Roosevelt’s family lived there in the early 1900s.

Other children in the White House

Chelsea, daughter of Bill Clinton, was twelve years old when she moved into the executive mansion. Amy Carter, President Jimmy Carter’s daughter, moved in with her presidential father at the age of nine. Although the Carters had four children, the three older brothers, Jack, Jeff, and Chip, had already left the nest when the Carters moved in.

What images will Obama’s family bring to us?

We all remember the images of John Jr. hiding under his father’s desk in the Oval Office. I look forward to the images we will have of these young Obama girls in the White House. And I’m looking forward to what Barack Obama will do to help each of us bring home a bigger payday.

Hello! My name is Lisa Plumb, and I work in Content Development for Personal Money Store.

The mission of Personal Money Store is to make a positive difference in the lives of individuals struggling with a cash emergency by educating them on the responsible use of money and credit repair while helping them to find the funds they need, regardless of credit history, online if necessary, delivering those funds quickly and discretely into their bank account, while respecting their time, needs and right to privacy and providing standards of excellence in customer service.

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Dos and Don’ts for Use of Paydayloans to Keep You Financially Safe

Paydayloans won’t be a threat to your financial safety just as long as you adhere to the following tips.

Dos and Don’ts for Use of Paydayloans to Keep You Financially Safe

Don’t transact with any provider of paydayloans who made an unsolicited overture. More often than not, these loan providers or companies are fake and only intent on swindling you from your money. Always transact with a paydayloan company that you have personally chosen, recommended by a trusted family member or friend, and approved by the necessary authorities like the Federal Trade of Commission (FTC) and the Better Business Bureau (BBB).

Do compare rates, features, and services offered by each paydayloan website to know which one is the ideal for you.

Do know what you’re getting into. When you’ve finally found a website you feel credible and trustworthy in providing you with paydayloans, don’t sign anything without reading its terms and conditions. Granted, its appearance and length makes it somewhat difficult and tedious to read, but this must be done, and who better to do it than you?

Do be aware that where you live matters a lot. If you reside in New York or Delaware, you’ll have a hard time getting any paydayloan company to transact with you because of certain legalities. In this case, speaking personally with a customer representative of any paydayloan company might help your case.

Don’t bother applying for paydayloans if you are not employed or with a steady source of income. Paydayloans are easy to apply for because they rely on the fact that you’ve got a steady source of income and which they could use as guarantee to get their money back. Even if you do have money in the bank but you don’t have a steady source of income and you’ve no known employment status, there will be only a few – if any – companies who will be willing to take you up.

Do not borrow if you really don’t need to. It’s okay to use paydayloans to cover occasional expenditures, but if you do this every month, that isn’t a good sign at all. At the rate you’re going, you’re turning paydayloans into your credit card!

Do borrow only the exact amount you need. This will prevent you from misusing the cash and again ending up indebted. If you’re planning to borrow slightly more than you need just in cases of emergency then go ahead and do so, but make sure that you increase the amount only slightly. Anything more than that and it’s not really emergencies you’re thinking of, is it?

Do have a plan beforehand on how much you wish to borrow and how you’re going to pay for it. Paying off paydayloans is never easy, and it’s time you accepted that. Accepting will allow your mind to stop with self-denial and simply search for a way to pay off your loan. Create a Plan B but having a Plan C will also work.

Do stick with your plan once it has been established. What’s the point of creating it if you won’t use it? Paydayloans, as mentioned, are headaches but don’t let yourself get tempted into simply paying off the interest because you just can’t afford to pay the principal. Follow your plan in a slow but steady manner until you can finally pay off your loan.

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8 Instances When You Need a Paydayloan

There’s no arguing with how easy it is to obtain a paydayloan nowadays, but its level of ease is, in fact, what makes a paydayloan so suspicious. There’s a trap, isn’t it? And in a way, there is one. The interest rates charged by paydayloan companies are very high – but you don’t have to worry about it if you pay on time.

Regardless of the risks associated with paydayloans, however, there are certain instances when you can’t help but apply for a paydayloan.

Sudden Debt Payment – In most cases, credit collectors tend to have a schedule when asking for payment, but there are those who insist on harassing and harassing you until you give in. If you’re in this situation and your creditor can’t seem to have the patience and understanding to wait for your next payday, getting a paydayloan definitely seems like a good idea.

Surprise Dates – Not all romantic dates are planned. Everyone who had at least one relationship could surely attest to this, unless you were dating or married to a military official addicted to punctuality and order. But when you do indeed have the chance to enjoy a spontaneous date with your crush, getting a paydayloan will allow you to survive even if payday is still at least a week away.

Educational Opportunities You Can’t Miss – Once in a while, you’ll see in the newspapers, magazines, websites, or TV once in a lifetime offers regarding educational meetings, shows, and workshops. These opportunities are truly precious and that’s why you can’t possibly skip them. For the sake of your knowledge, skills, and abilities, you need to get a paydayloan to afford these opportunities quickly!

Accidents Happen – And most of the time, they happen far more often to people who can’t afford it. If you’re in the same boat and you have no idea how to pay it off since your insurance company isn’t willing to cover it, getting a paydayloan could prevent you from being sued.

Taking Care of Expenses beyond Insurance Coverage – Insurance policies, unfortunately enough, cannot cover all your medical or car expenses all the times. When that happens, and you have a need to settle it immediately, a paydayloan might be your only way out.

Self Love and Stress Busters – Once in a while, you need to pamper yourself and get rid of all the negative emotions inside you like stress, anxiety, anger, jealousy, and so forth. But of course, pampering yourself often involves money. If you don’t have that yet then you can certainly get some by applying for a paydayloan.

No More Cash Advances – Companies have various rules when it comes to cash advances. Some require you to issue a request at least a week before while others allow you to have one as long as there’s still remaining money in the current accounts. Whichever the case, there are also instances when your request will be refused. If you’re desperate, why not take a paydayloan – which is also almost like a cash advance, only with a potential interest fee.

No Other Reason than to Shop – And lastly, there are those moments when you just have to shop simply for the sake of shopping. There’s a three-day sale, and you find something you absolutely have to buy. If you’re not a shopaholic then there’s nothing wrong with getting a payday loan to indulge your cravings occasionally.

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Payday Loans

Paysaver Payday Loans makes Internet Lending “Easy”

Paysaver Payday Loans offers payday loan, cash advance loans and fast cash services for whatever you need.

At PaySaver Payday Loans we promote honesty and integrity and we were proud to have been named as “The Australian Payday Loans Specialists” by our peers. We were given this title because we were one of the first to perfect the payday loans business in Australia.

We recognised the need for people to have a safe, secure, simple & fast way of obtaining payday loans of small amounts of money without the hassles, delays and costs associated with formal bank applications.
We then developed a unique system of lending exclusively via the Internet and Fax which has proven to be the most cost effective, efficient and fastest way of obtaining payday loans to date.

Our slogan is “Your personal ATM on the net” because you now have the convenience of applying for payday loans from the safety, privacy and comfort of your computer.

Simply send us your payday loans application and 30 minutes later, upon approval, your money is sent directly to your account!

Can Paysaver Payday Loans it get any better than that? – Yes it can!

After your first loan is successfully repaid your payday loans you are promoted to PaySaver Express where your approval time is reduced to only 15 minutes.

PS. We have kept our payday loans prices the same since we started trading back in early 2004 and that is why we have the lowest payday loan fees in Australia!

Paysaver Payday Loans gets you the funds you need ASAP. Why wait for your cash advance when you can get it overnight? Our loans are 100% safe, fast and completely online – so think of us for your payday loan fast cash needs.

It keeps getting better! We’ve made it incredibly easy to qualify for payday loans by offering our industry-leading application process to you at no additional expense to you.

There are no credit bureau reports on your payday loans, never an application fee, and of course, no credit checks. If you are at least 18 years of age, receive a regular source of income, and have direct deposit enabled on your bank account, you’re practically approved for Paysaver Payday Loans – don’t wait any longer apply for payday loans as you can apply for these unsecured payday loans today!

We specialize in providing overnight payday loans for individuals who are in need. We strive to bring people of all types pay day loans that are reasonably priced, quickly deposited, and managed by a professional lending team – why settle for less when you get an advance on your payday loans today!
Need short term payday loans cash advance to take care of that emergency, that unforeseen bill or just to reward yourself? Paysaver Payday Loans is a fast and secure way to get payday loans from the privacy of your own home!

Applying and qualifying for a payday loans advance loan is quick and easy, and confidential and requires minimal faxing.

Once you’re approved for our payday loans cash advance, we will electronically deposit the money directly into your checking or savings account. We offer flexible payment options and a discrete service that gets you the cash you need right now.

It’s that easy, why not apply and make Paysaver Payday Loans your loyal partner today.
Ever run a little short of cash before your next payday?

It happens to most of us at some stage. A night out with friends, registering your car or maybe just paying a couple of bills? Nothing a few hundred dollar payday loans won’t fix.

However, it can be frustrating if the cash is days away and you need it earlier….whatever the reason a Paysaver Payday loans is always there.

It’s even harder if you’ve had a minor, bad credit mishap, are too busy to get away from work or don’t want to commit to paying off a large, long term loan or credit card then try a Paysaver Payday Loans.
Paysaver Payday Loans has helped thousands of Australians in your situation with a convenient, clear and secure alternative. Quick turnaround times mean that you can be paid in as little as 20 minutes.

We know what it means to be short on cash. Sickness, Bills, past unemployment and unexpected emergencies can cause you to sell your assets, use savings or lose good credit, leaving banks and credit card companies in the future unwilling to help so don’t delay go to [http://www.paysaverloans.com] for payday loans now.

Paysaver Payday Loans! Regardless of your past, if you are currently employed and have a bank account, we can help you when it matters most.

Hi my name is John Stanton and in my opinion Paysaver Loans is the fastest, cheapest and most reliable of all the Australian Payday Loans Lenders.

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Payday Loans: No Credit Check No Fuss Loans

Payday loans are the fastest and most convenient option for getting a cash advance for emergencies before your next payday. However getting payday loans and their repayments involve certain important aspects. Herein we are attempting to answer all your general queries related to Payday loans and we hope it will serve as a tool to open up any mystery surrounding payday loans or cash advance.

What Is A Payday Loan Or Cash Advance Loan?

We daily come across many loan types like housing loan, personal loan, and education loan. However, the payday loans are a new buzz in the market, and it is very popular. This loan is known by many names like “Cash Advance”, “Paycheck loan”, “Check loans”, and “Payday advance loans”. Let us understand what is a payday loan or cash advance loan and how and when it should be used for your maximum advantage. Payday loans are unsecured loans, which can be used for meeting your emergency financial needs and is paid back out of your next paycheck on your payday. Thus, payday loans are the shortest tenure loans among the other loans available in the market.

Are there any limitations on payday loan or cash advance loan usage?

Many a times we face a situation when we need money badly but feel like our hands are tied as our payday is still several days away. In such a scenario, we either have to shelve or defer our plan of purchasing something or go for a heavy interest credit card loan to meet the obligation. The requirement could be to pay up unexpected medical bills, your kid’s school fee, to avoid bouncing of your issued checks or any other financial obligation. In such trying times, payday loans or a cash advance comes in handy. Thus, you can use this cash advance for whatever purpose. There is no restriction on the usage of payday loans.

Am I eligible to receive a payday loan or cash advance loan?

The best thing about payday loans is that they can be had even if your credit rating is not very good. The second best thing about payday loans is that taking a cash advance does not affect your credit rating. All you need to be eligible to receive the payday loans is to have a running checking account and a regular job.

How should I apply for a payday loan?

To apply for the payday loans, we would say it is easier to do than to say. You can apply for payday loans online using Internet. You may be required to supply some basic information such as your Name, Address, and your employer details. Some companies offering payday loans may ask for your Bank Statement or pay stub over fax. The documents required by these companies for payday loans are minimum in comparison to other types of loans.

What is the fee charged for payday loans?

Before applying for payday loans, we suggest that you scan 5-6 companies for the fees they are charging. Some companies offer payday loans without any fee for the first week.

How much cash can I get with a payday loan?

The amount of payday loans ranges from $100 to $1000 depending upon the repaying capacity of the borrower.

What is the length of payday loans?

Normally a cash advance is supposed to be paid back on or before your coming payday. Therefore, the maximum length of payday loan could be up to 30 days. However, some companies are flexible with respect to the loan duration as well. Payday loans can be extended until the next payday. This extension of payday loans however comes at a price.

How long does it take to get a payday loan?

Payday loans are much easier to get and in less time than other loans. After applying for a payday loan online, you will get a telephone call from the payday lender. After completing the small formalities, the cash advance will be credited to your checking account the next business day.

Does this mean I can enjoy my pay without waiting for my payday?

Before you jump for a payday loan, please note that the rate of interest charged for these loans are higher than other loans. Extending the duration of payment will only increase the fees charged. The payday loans or cash advance loan should be used very prudently and only for meeting financial exigencies that cannot be avoided. Please remember that getting a payday loan or cash advance loan too frequently could upset your monthly budget and you may find it difficult to get out.

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Music Studios In New York? Trust On The Best Insurance Provider

So are you ready to buy the best insurance plan for your lovely instruments, studios and everything else? Well, you should go up with only the best companies as then only you can expect to get great benefits, on time help and support.

Being in touch with the best insurance company you will able to enjoy the benefits, which we are going to discuss here, but before we jump on the same, must check out why you should hire an insurance policy. Most of the musicians still don’t believe in picking up insurance policy at all as they think it is a wastage of time and money and ignore the same. If you are running your music studio or you play expensive or pro musical instrument, without insurance you are just inviting risk in your life. Yes, just imagine, what if your instrument gets broken or stolen or your studio is destroyed by fire, would you able to recover all your loses by your own? This is completely impossible, however, you should plan up hiring the best insurance company which can help you up in all the ways.

So, why we are pushing to go with the best insurance plan for Studio Coverage and help? Well, there are lots of reasons for the same and once you will know the same, you will love recommending the same to others too. So here they are which you should definitely consider –

Picking up right insurance provider will help you to offer very convenient, affordable and reliable solutions which will definitely protect you, your studio, instruments and others from a heavy loss. You don’t need to go here and there to buy the policy and paying the premium amount as the best company always gives online facility to do anything via the same.

Apart from this, you can easily expect to get any kind of insurance policies you are expecting to have from – Music Studios In New York to concert and musical instruments, music teacher insurance and others. There is nothing which you ask and best company won’t offer you. Even, you will meet all your requirements so easily as you have never expected before.

Don’t have much time and need to decide as soon as possible? Well, don’t worry, just send your request and you will get quotes in the shortest possible time. Not only this, you will find the quotation very competitive thus, with the best company you will always be in a great profit. Aside all, if you are looking for trustworthy and transparent services, this is something will be given by the best company; however, your overall concentration must be in finding the best service provider who can easily meet your overall expectations.

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Six terms you should know about your mediclaim health insurance policy

Everyone knows the benefit of having a mediclaim health policy in his or her life. However, a majority of the people in India do not go through the entire mediclaim policy booklet. You should understand every word written in the policy booklet for you to make the perfect claim. Even the best medical policy for family would include certain words that require explanations. Some of the insurance terms can appear like jargons. However, they are not. You should read and understand the same. We shall now look at some of the common terms in an insurance policy that could cause confusions in the minds of the people.

Hospitalization:
You should understand one point very clearly in India. The insurance cover is available only if your medical condition entails hospitalization for a minimum period of twenty-four hours in a network hospital. You may have doubts as to what constitutes a network hospital and what does not. In the past, this used to be an issue. Now, the insurance booklet contains the list of all network hospitals in India. The insurance companies update this list every year and provide you the latest one when you renew your mediclaim policy.

Pre-hospitalization and Post-hospitalization expenses:
This is a very positive aspect of mediclaim policies in India. In case you suffer from a disease that entails hospitalization, you can claim the pre-hospitalization expenses for a period of thirty days prior to your hospitalization. This entails that you should keep all your medical diagnostic test reports, medical prescriptions, as well as the bills ready on hand. At the same time, the insurance policy also covers the post-hospitalization expenses for a period of sixty days as well.

Pre-existing diseases:
This term can be quite confusing for the policyholder. You can see the rejection of many claims due to this factor. Hence, it becomes imperative for you to understand as to what is a pre-existing disease. This could include any disease or symptoms of the disease you might have had or shown prior to purchasing the insurance policy. You have to make a declaration to this effect at the time of purchasing the mediclaim policy.

Exclusions:
You should have a clear idea about what your insurance policy does not cover. This could include certain disease such as cataract, hernia, etc for a minimum period of two years. Subsequently, you may get the cover if you renew your policy on time. The insurance policy document would have listed out these exclusions clearly. Going through the same is to your advantage.

Waiting period:
Many people believe that the insurance policy covers the diseases from the moment you take the policy. It is not so. There is a minimum waiting period of thirty days for any disease. The pre-existing disease could have a four-year waiting period whereas disease such as cataract etc can have a waiting period of at least one year.

Day-care treatment:
Today the medical science has made tremendous advancements. Certain procedures such as eye surgery, chemotherapy, etc require less than twenty-four hours for treatment. The present day mediclaim health insurance policy has provisions to honor such claims as well.

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Understanding the Process of Mortgage Lending For Preventing the Future Issues

Mortgage funds are very effective to make an investment when you do not have the money of valued property. The preference of mortgage lending is because of no restriction for getting the money. It is an excellent method to approve the money without crossing the formalities. Mortgage funding is easy to choose through reputed companies in Miami, Florida, etc. The companies are very cooperative and understand the necessity of client.

There might be many reasons for applying the fund such as buying the home, shop, commercial property, etc. As you expect the fast approval and supportive service, most companies also effort to fulfill your expectations. But many things are required to cross-check and verify during the process on behalf of the client. It is a most important factor to know some precious structures like interest rates, EMI dates, the period in approving, way of formalities, and role of a client during the process, etc.

Here the structures mean the basic knowledge but precious:

1.    Interest rates:

Most customers do not compare the prices from a couple of funding that might cause lose. Some companies take advantages of customer’s faith and apply the high-interest charge during the deal. And in most case, it also seems that interest rates are changed at the time of documentation after taking the quotation. It means the companies give the different quote but applying the various interest rates which is not favor of the client. Therefore client should be alert and also cross check the quotation while proceeding.

2.    EMI dates:

When we go for a loan that time, we do not realize the importance of date as that time we were excited. But the turns come for paying the EMI that time date matters a lot. For an example you are an employee and applied funding for a lending mortgage, your salary date is 5th, but EMI date is before the salary date then it might be difficult to manage. Many people think to adjust money after getting salary so the client must check the EMI date if it is not suitable then request to change. The date could be modified in the starting but after all process, it can never change.

3.    Read the agreement:

Many hidden policies are not described in the beginning while customer comes for the loan. But during the document formalities, many policies come appear which can make surprise the client. Some borrowers do not read the agreement and face the problem after all process. That’s why it is vital to read all agreements to make prepare and get the best deal.

4.    Role of client:

Here the role of client is meant the necessity of borrowers for the whole process. In actual, most companies understand the value of customer’s time and do not disturb them much for fulfilling the documentations work. However, it is the client responsibility to cross verification the requirement of client and how many times they will have to visit their offices.

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All About College Credit Cards

College credit cards are the credit cards that have been specially designed for college students. College credit cards are more popularly known as student credit cards. College credit cards allow the students to experience the benefits of credit cards much earlier in their life. Through college credit cards, the college students are able to learn more about credit cards and their use. In fact, for most of the students, their college credit card is their first credit card that acts as a gateway to the world of credit cards. Some other students might have previously used supplementary credit cards linked to their father’s credit card account; however, for such students too, their college credit card is the first one that is truly theirs.

College credit cards are not very different from other types of credit cards in the basic sense; they function in the same way as any credit card would. However, there are some differences, which basically arise from the fact that college credit cards are used by people who have no prior experience with credit cards and who perhaps don’t understand the concept of credit cards completely. Hence, the credit card supplier is at risk with issuing credit cards (college credit cards) to such people whom he is not sure about. Most of the students don’t have a credit history either. In such a case, the supplier of college credit card cannot be sure of receiving the credit card bill payments in time (and even receiving them at all). To counter such risks, the supplier of college credit card requires the parent of the student to co-sign the college credit card application form as a guarantee.

Moreover, the credit limit on college credit cards is generally around $500-$1000 per month, which is lower than what it is for other credit cards (this credit limit is generally sufficient to fulfil the typical needs of a student). Another risk mitigation instrument used by the college credit card suppliers is the interest rate or APR. The APR on college credit cards is generally higher than that for other credit cards. Again, this is done to dissuade the students from overspending on their college credit card (and finally not being able to pay their credit card bills).

However, if we were to look at these impositions in a positive sense, we would find that these are actually in favour of the student (who is still getting trained to take on the real world of credit cards). Moreover, college credit cards also help the students in establishing a (good) credit history which is another important benefit that becomes handy when the student needs any type of loan at a later stage in his/her life.

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What You Need To Know About Credit Cards

What is a credit card? A credit card is a card that allows you to borrow money to pay for things. There will be a limit to how much you can spend called your credit limit. At the end of each month you can either pay off the whole of the amount you owe or make a minimum repayment. Other kinds of cards include: 1) A cheque guarantee card, issued by your bank, that you can use to ensure that your cheque will be honoured up to a certain limit.

2) A chargecard where you have to repay the full amount at the end of each month.

3) A debit card, issued by your bank, where whatever you spend is immediately deducted from your bank account Do you need a credit card? Using a credit card is a useful way of making purchases: a) A credit card means you don’t need to carry huge amounts of cash around and risk losing it.

b) A credit card means you can buy items over the internet.

c) A credit card means you can make purchases abroad without having to worry about local currency.

d) A credit card gives the opportunity to spread the cost of a large payment over several months.

e) A credit card is useful in an emergency. For example, an unexpected repair to your house or car.How do you choose a credit card? The main two UK credit card issuers are Visa and Mastercard. These are accepted in most places and in 130 countries worldwide. Beware of less well known brands that may not be accepted everywhere. Before you choose which credit card is the best for you, remember to read the terms and conditions carefully. Never sign up for a credit card without fully understanding what you are agreeing to. Remember that all the plus factors will be prominently displayed in large print. You may have to study the small print carefully to discover if there are any negative factors.
A list of the current cards on offer in summary is available on this credit card summary page. What You Need To Consider:1) APR (Annual Percentage Rate)

This is the rate of interest that you will pay on any outstanding balance. 2) Special Introductory Rates

You may be offered a low or 0% rate of interest for a limited time (Up to 6 months) when you sign up for a new card. A higher rate of interest may be charged for cash withdrawals. 3) Balance Transfer Rate

Card issuers may offer you a lower rate of interest if your swap your balance from another credit card to theirs. 4) Interest Free period

Remember to check when interest payments will begin. Will you pay interest from the day of the purchase? Or will you have a number of days interest free before you begin to pay? There is usually no interest free period for cash withdrawals. 5) Cashback and Rewards

Some cards over points or rewards for every pound spent on the credit card. Make sure that these are appropriate for you. For example, there&’s no use collecting airmiles if you never fly. 6) Minimum Repayment

Remember to check what the minimum monthly repayment will be. If you borrow £1000 on your credit card the monthly minimum repayment will probably be in the region of £25. But if you only pay this amount each month it will take a long time to pay off the balance and cost a lot in total when you include the interest payments. 7) Annual Fees

This is the fee that the issuer will charge you every year for using their credit card. Not all credit cards have an annual fee, so remember to consider this when you are choosing which one is right for you. 8) Late Payments

There will be an extra charge, as well as the interest owed, if your payment is late. This charge may even be more than the amount you owe so be very careful to check what the charge is, and to ensure that all your payments are made on time. A good way of doing this is to set up a direct debit from your current account. 9) Exceeding Your Limit

You may also be charged a fee if you exceed your credit limit. Will Your Application Be Accepted? Whether or not your application is successful will depend on your credit rating. Your credit rating depends on your credit history (a record of your use of credit) and is based on the record of your ability to repay debt. You can obtain a copy of your credit file by contacting a credit reference agency. There may be a small fee for this service. When you application has been accepted you will be given a credit limit. The credit limit will be fixed when you first apply for your card (although you can ask for it to be increased or decreased later) and the limit, including the amount you have left available to spend, will be shown on your monthly statement. Insurances and Protection. What You Can Do: 1) Take good care of your credit card to ensure that it isn’t lost or stolen. 2) To prevent misuse of your card you must report any loss or theft of your card to the issuer immediately. Many issuers allow you to register all your cards with them so that in the event of you losing a purse, handbag or wallet they can all be cancelled with just one phone call. 3) You must keep all your receipts and also check your statement carefully and report any suspicious transactions. For example payments that you have no record of making. 4) Credit card companies are now issuing cards with PIN (Personal identification numbers) which are known as Chip and PIN cards. Rather than signing your name you will be asked to enter your PIN onto a keypad. You must ensure that you keep this number secret. What The Issuer Will Do 1) The issuer should insure you against loss, misuse or theft of your card. 2) The issuer may also insure your purchases for up to 100 days. 3) Your issuer may also provide protection against you being sold unsuitable or shoddy goods. Important Points To Remember:a) Credit cards can be a very useful tool to help you to manage your finances.

b) Choose your card carefully, remembering to read and understand all the terms and conditions before you sign up.

c) Remember to set yourself a budget and decide how much you will pay off each month.

d) Check your statements carefully each month.

e) Look after your card to prevent it being lost or stolen.For a glossary of the terms mentioned in this article please visit the credit card glossary page.

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