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Here are the Best 8 Alternatives To Credit Cards – Press Release

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Credit cards can be a great financial tool if you’re careful with that. However, credit cards are not suitable for those with bad credit, which ultimately prevents them from qualifying for another card. Or it could be that you just want to avoid high-interest credit cards altogether and you don’t wanna be indebted anymore. Fortunately, it’s not the end of the world as there are plenty of other alternatives that we’ll be more than happy to share with you in this article. 

Some of the finest alternatives include debit cards, online payment, Canadian loan aggregators, gift cards, overdrafts, and so much more. 

Here are some of the finest alternatives to credit cards, where people no longer have to worry about borrowing from others or worry about interest rates ever again in their entire lives:

  1. Debit Card

Debit cards are arguably the most popular credit card alternative compared to carrying physical money. You can especially carry a debit card that carries the logo of a major credit card wherever cards are accepted. Not only is it convenient for you to carry, but you also won’t be in debt as the card is linked directly to your checking account. And the best part about it is that you’ll only spend on what you have. 

Still, there are some things that you need to be wary of – such as fraud protection. However, you should know that the duration for reporting fraudulent purchases as well as getting your money back is less than what you’re given with a credit card. If you’re not careful about this, then using a debit card is no less risky than using a credit card.

  1. Prepaid Debit Cards

These cards greatly resemble credit cards and also work in that manner as well. The only difference, however, is that the credit limit for these cards is only up to the amount that is loaded by the users. Still, the advantage presented by prepaid debit cards is that stacking up credit card debt is impossible. The downside, to this, nevertheless, is that the cards aren’t reported to credit reporting agencies, and can’t do anything to improve a user’s FICO score. 

  1. Gift Cards

Most retailers offer users gift cards that can be sent to their family and friends. Retailers issue gift cards that can then be used at another one of their branches. Some cards feature a major credit card company’s logo, and can then be exchanged for products and services at those stores that support cards with that logo. 

There are also cards that can be preloaded with funds. They can be used like other debit or credit cards. Fortunately, when the funds get loaded into the cards, you can’t go into debt. 

  1. Overdraft

If you maintain a good relationship with your bank, they might be able to loan you a little bit of extra cash. To do this, all you have to do is apply for an arranged overdraft as an extension of your current account. You’ll be able to withdraw to a certain agreed limit when the balance is negative. 

Certain banks offer this option free of interest to an agreed term or a certain amount, based on separate circumstances. If you do end up choosing an overdraft with an interest, as well as have a plan on how to clear your debt, then you have to be aware about how much this is going to cost you. 

  1. Electronic Wallets

For those who have a smartphone, they’ll be able to conduct financial transactions at retail establishments and also for transmission of funds to and from family members and friends. Some of the best known electronic wallets include Google Wallet and Apple Pay. These cards are beneficial because consumers can include information from several of their debit, prepaid, or even credit cards. In other words, there is no need for any physical cards.

  1. Third-Party Payment

Why not simply disregard credit cards altogether? We’re talking about third-party payment options including PayPal, Google Checkout, and others. What’s interesting is that you don’t need to provide personal information to individual vendors apart from linking your checking account to the payment system. 

Even better is that you get a temporary “credit card” number that you can only use online. The reason why this is better is that this number can only be used one time after you use it. And this way, hackers won’t even be able to use that number should they attempt to get the drop on you. 

This is what makes this option one of the best credit card alternatives around. 

  1. Personal Loan‌

If you’re unable to access some of the best credit cards using low-interest rates or 0% periods, especially if you’re considering the holiday of a lifetime or want to make some home improvements then you should consider taking out a personal loan. This could be cheaper for you, especially if you’re able to secure a favorable interest rate. 

Of course, the amount that you’re able to borrow and at what rate will depend on several circumstances. Apart from knowing how much loan to pay back, and also knowing that you’re able to confidently afford repayments, you need to be wary of late fees and early repayment that can potentially bump up the borrowing cost.

  1. Secured Credit Cards

If you’re struggling with damaged credit and are unable tosecure a credit card, then it’s best to opt for a secured one instead. This can help you get your credit back on the right track. Unlike prepaid debit or credit cards, secured credit cards are considered to be real credit cards. But, the limit for secured credit cards is dependent on the amount that users have deposited, which is a sign of implementing financial discipline. 

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Country: Canada
Website: https://loansgeeks.com/



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Pima Supes address eviction protections

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TUCSON, Ariz. (KGUN) — Economic fallout from COVID has cranked up concerns about evictions as tenants have trouble paying. There are Federal protections to reduce evictions in the pandemic but Pima County Supervisors are concerned about evictions that could bypass those safeguards.

Federal restrictions from the Centers for Disease Control restrict evictions if they could increase health risks in general— or the risk of spreading COVID because someone is put out of a home. Those protections are based on whether someone has trouble paying the rent.

Landlords and their lawyers spoke at this week’s Supervisors meeting. They say compared to keeping a tenant, an eviction is a loss for everyone. They want county rental assistance programs to move much faster to channel Federal grants to help tenants pay rent and help landlords cover their expenses.

Steve Huffman of the Tucson Association of Realtors reminded Supervisors tenants will still have to pay back rent and if they can’t it could hurt them long term.

“Many of them have huge judgments that will be issued against them eventually they will owe back rent for the time that they have not been paying rent, those judgments will create bad credit, and will interfere with future housing opportunities, and also future job opportunities.”

Tenants who create other problems beside non-payment or rent can still be taken to court and evicted.

But Pima Supervisors are concerned about reports of people evicted over questionable claims like a car parked in the wrong space or a toilet clogged too many times.

Chairperson Sharon Bronson says these eviction issues are focused by COVID but call for a broader look at how people become homeless.

“We are addressing basically the pandemic issues right now, but this may be, you know, an opportunity to just began the discussion about the larger discussion about homelessness and addiction down the road.”

Supervisors agreed to ask an existing task force on evictions during COVID to take a fresh look at eviction issues, especially in light of possible policy changes under the Biden Administration.



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Loans Bad Credit Online – PNC Personal loan 2021 Review | Fintech Zoom

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Loans Bad Credit Online – PNC Personal loan 2021 Review

Top perks

Low minimum loan amount

Customers can borrow $1,000 to $20,000. That minimum loan amount of $1,000 is unusual in the personal loan industry. A low minimum threshold means you can get the cash you need to cover small emergencies without being tied down to a larger loan.

Wide range of repayment terms

You have between 6 and 60 months to repay the loan. There are pros and cons to longer repayment terms, so this flexibility allows you to customize your term to your situation.. With PNC, you have the option of designing a repayment plan that fits your monthly budget.

Joint applicants welcome

Whether you need a joint applicant’s high credit score to qualify for a lower loan interest rate or someone has decided to co-assume responsibility for a personal loan, PNC allows for joint applicants.

What could be improved

Terms depend on location

The first thing you will be asked is where you live. On its loan homepage, PNC states that “PNC product and feature availability varies by location.” While this may be good news for borrowers in some areas of the country, it could be bad for others. You’ll need to see what it means for you.

Lowest interest rate reserved

If you’re looking to borrow enough to make repairs to your roof or buy a new furnace, you might not borrow enough to qualify for PNC’s lowest advertised interest rate. That’s because that low interest rate is reserved for those borrowing more money. For example, PNC will automatically assign a $5,000 loan a higher interest rate than a $15,000 loan.

Loans Bad Credit Online – PNC Personal loan 2021 Review

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Loans Bad Credit Online – Loans Bad Credit Online – PNC Personal loan 2021 Review | Fintech Zoom | Fintech Zoom

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Loans Bad Credit Online – Loans Bad Credit Online – PNC Personal loan 2021 Review | Fintech Zoom

Loans Bad Credit Online – PNC Personal loan 2021 Review

Top perks

Low minimum loan amount

Customers can borrow $1,000 to $20,000. That minimum loan amount of $1,000 is unusual in the personal loan industry. A low minimum threshold means you can get the cash you need to cover small emergencies without being tied down to a larger loan.

Wide range of repayment terms

You have between 6 and 60 months to repay the loan. There are pros and cons to longer repayment terms, so this flexibility allows you to customize your term to your situation.. With PNC, you have the option of designing a repayment plan that fits your monthly budget.

Joint applicants welcome

Whether you need a joint applicant’s high credit score to qualify for a lower loan interest rate or someone has decided to co-assume responsibility for a personal loan, PNC allows for joint applicants.

What could be improved

Terms depend on location

The first thing you will be asked is where you live. On its loan homepage, PNC states that “PNC product and feature availability varies by location.” While this may be good news for borrowers in some areas of the country, it could be bad for others. You’ll need to see what it means for you.

Lowest interest rate reserved

If you’re looking to borrow enough to make repairs to your roof or buy a new furnace, you might not borrow enough to qualify for PNC’s lowest advertised interest rate. That’s because that low interest rate is reserved for those borrowing more money. For example, PNC will automatically assign a $5,000 loan a higher interest rate than a $15,000 loan.

Loans Bad Credit Online – PNC Personal loan 2021 Review

Tags: Loans Bad Credit Online

Loans Bad Credit Online – Loans Bad Credit Online – PNC Personal loan 2021 Review | Fintech Zoom

Tags: Loans Bad Credit Online

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