When people purchase a house, they usually set up their mortgage payments as a direct draft out of a checking account. The same is typically true of rent payments; however, many people have wondered if there was another way to pay rent or mortgage. After all, there are credit cards out there that have fantastic rewards. It would be great to take advantage of these rewards by placing rent and mortgage payments on a card. Sadly, there is no way to pay rent or mortgage with a credit card without a fee. There are bank interchange fees that would lead to a surcharge for banks and landlords. This … [Read more...]
Common Credit Card Myths Debunked
Although credit cards have been used since the 1960s, there are several untrue myths which still persist about them in society. Understanding the truth behind these common myths will help you to use your credit card more effectively. You Can Write “See ID” Rather Than Signing Your Name on the Back of the Card Many people have used this trick because they think that it makes their card more secure. Their logic is that the signature could be copied and used by fraudsters and that having the clerk check ID rather than looking at the signature will stop thieves from using their credit … [Read more...]
