College Credit Builder asked:


Online credit card applications can be found at www.goodstudentcreditcard.com where students can compare the best student credit card offers currently available for students.  Conscientious credit card use can lead to a lifetime of low-interest rate loan opportunities like auto loans, mortgages and other forms of consumer credit.  Even though students tend to have limited credit histories and lower reportable incomes, good students enrolled in universities and colleges throughout the country are often given the opportunity to start building a credit record early.  This is an opportunity that should be highly valued, particularly in light of the enduring credit crisis which has made it difficult for many people with good credit records to receive new credit cards, mortgages and auto loans.  

Student credit cards issued by Discover and Capital One are specifically designed for student applicants.  Some of the features offered by these credit card issuers include:

•           No Annual Fee

•           0% Interest for a fixed period of time

•           Cashback Bonuses

•           $0 Fraud Liability Guarantee

During this climate of economic instability, illiquidity in the credit markets, uncertainty in the stock market, and the softening real estate market, one thing remains constant – good students should be given the opportunity to build a credit history.  Responsibility, however, is required.  It is important for students to remember that if they don’t have enough money to buy something now, you should consider saving up until you can.  Credit cards are most beneficial when then balance is paid in full every month.  They should be treated like cash in your wallet.  In these difficult economic times, where credit is proving to be more difficult to come by, it is important to establish a strong credit profile by obtaining credit early and maintaining a consistent payment history.  Student credit cards issued by Discover and Capital One are perfectly designed for student applicants. 

Visit www.goodstudentcreditcard.com to apply online in a few short minutes.

 

http://www.articlesbase.com/college-and-university-articles/apply-online-student-credit-cards-660191.html



FERNANDO

concerned cc holder asked:


I see all these ads to help consumers get rid of their credit card debt from these companies that say u can do it legally. Also most say that debt can be instantly reduced by 40-70%. Can this be for real, I don’t see how it is possible without reprecussions. Can u do it on your own?
I am not behind in my accounts…yet!! But I dont know how much longer I can keep making the payments. Just trying to get some relief from these huge payments, takes up almost 50% of my take home pay right now!!!

BURTON

James W asked:


Contrary to popular sentiment, we have not been in a recession until now. Since 2007, what people thought was a recession, has actually been a long, slow, government subsidized protracted crash. Instead of letting the markets crash themselves a year ago and begin to level off, government meddling has exhausted resources propping up the collapse. The results were recession-like attributes; loss of jobs, less money, contracting GDP. Up until now however, the GDP has still been slightly positive, and unemployment has been under 7%.

That is at an end. The recession is here now with a vengeance. However, due to all of the government intervention, the problem is actually now much worse. If we had the crash a year ago, as the markets wanted, those suddenly out of work would have had more money and resources to pull through a recession and even reinvest when the market bottomed. Since the government has been dragging out the crash, we’ve been investing resources over a year into a decline. Now that the recession has actually begun, due to the long strain on all of us, we don’t have the resources, energy, or trust in the system to begin coming out of it for some long time. Some economists are estimating 10-30 years using our own history as a guideline. Also, since we’re going into a recession already constrained, that greatly opens the possibility of a depression.

Look at history, look at economics. Recessions and depressions come AFTER the crash. This has been nothing more than a protracted crash complete with Friday’s “dead cat bounce” (Google it), and the worst is yet to come. If this were a recession it would be good news, because we’d at least know we were on a slow road to the very bottom where the only way to go was back up. But we’ve only just seen the collapse of the mortgage bubble. Next is the collapse of the credit card bubble which will probably take down most consumer goods with it.

Most consumer outlets that offer their own credit cards (which are most consumer outlets these days) will collapse when the loans are defaulted due to the strain on each of us from a government subsidized crash and a new recession. Look at GM. They fell so badly last week not because of their manufacturing arm, but because of GMAC, their financing institution. Sears makes more of their money from their finance department than from selling merchandise, same for Macy’s, Home Depot, many large supermarkets, and just about everything else. The credit card bubble will be much worse, because when people are unemployed, foreclosed, and evicted, they will need emergency funds. Most people use their maxed out credit cards for living expenses as well as their emergency fund.

Stores providing credit may be shuttered. Banks only slightly touched by the mortgage crisis will suddenly collapse under the credit card crisis. The effects will be compounded by the fact that we’ll be kicked when we’re down. After that we may even see the collapse of the student loan bubble, the collapse of lending in general, and the collapse of the dollar bubble, which would bring us back to 1970’s economic levels (if we’re lucky, the 30’s if we’re unlucky), before Nixon decoupled our dollar from the gold standard, the Dow was at less than a thousand, and before easy credit was aggressively marketed.

I say the 1970’s because if you look at the DOW chart over time, the majority of growth before the 1980’s was on a moderate incline. As the nation switched from a creditor nation to a debtor nation throughout the 1980’s, coupled with aggressive marketing of consumer debt by banks now freed from interest rate regulations usury laws after 1978, the Dow begins growing at a much steeper rate. When the HELOC, subprime mortgage, and derivatives market opened in the 90’s and gained steam in this decade, the line gets even steeper until it just couldn’t hold anymore last year and began a long bear market run that wiped out billions until the Panic this October.

By the end of Friday’s session, we were back at 1998 levels. Do you think it can go as far down as I’ve suggested here? What can a nation 10 trillion dollars in debt do to stem the collapse? When they say they will inject capital into the banks, aren’t they just printing money in an attempt to inflate the debt away? How long can this broken system of leveraging a future and living beyond your means possibly hold up?

For another of my questions on this topic, please link here:

http://answers.yahoo.com/question/index;_ylt=ArwYK6mBrtGb2KVMvXUElyXsy6IX;_ylv=3?qid=20081011092417AA3hraD

CHAD

Blitz asked:


I am looking at purchasing a foreclosure. It is going to need about $50,000 worth of repairs. I was told I could get 100% financing on the home, but can I take out another loan for the repairs? What is the best way to do that? Are there pitfalls in doing this? Once fixed up, the home will double in value. I am an average consumer, with average credit with stable and a little above average income. Not an invester or realtor.

KERRY

College Credit Builder asked:


The San Diego Padres official team logo can now be featured on the Major League Baseball™ Extra Bases™ Credit Card from Bank of America.  (www.padrescreditcard.com ).   This rewards credit card has proven to be a grand slam with fans and is scoring rave reviews in the rewards credit card industry.  Like many retailers, airlines, and universities have done for years, Major League Baseball teams like the San Diego Padres are now being displayed on consumer credit cards.  These baseball oriented credit cards are rapidly growing in popularity and are proving to be a hit with sports fans across the country.

The Major League Baseball™ Extra Bases™ Credit Card from Bank of America has valuable features, including:

•           No annual fee.

•           0% introductory Annual Percentage Rate (APR) on balance transfers and cash advance checks for your first 12 billing cycles.

•           Get an official MLB™ licensed jersey after your first qualifying transaction(s) using your MLB™ Extra Bases™ credit card.

 •          Earn 1 point for every net retail dollar spent redeemable for MLB™ autographed memorabilia, once-in-a-lifetime MLB™ experiences, cash rewards and travel with no blackout dates.

At a time when everyone’s nerves are frayed because of uncertainty in the stock market, illiquidity in the credit market and the softening real estate market, one thing remains constant – sports fans are crazy about Major League Baseball.  Historically, baseball has given the public something to believe in and something to hope for, particularly in tough economic times.   With the MLB™ Extra Bases™ credit card, Padres fans can be reminded of their favorite team every time they take out their wallets.  Real fans carry the card with pride.  Visit www.padrescreditcard.com to complete the credit card application online in a few short minutes.



DEANDRE

College Credit Builder asked:


The Boston Red Sox® team logo can now be featured on the Major League Baseball™ Extra Bases™ Credit Card issued by Bank of America. (www.redsoxcreditcard.com).   This rewards credit card is scoring big with avid baseball fans and credit card consumers across the country.  Like many department stores, colleges and airlines have done for decades, Major League Baseball™ teams are now being displayed on consumer credit cards.  These sports oriented rewards credit cards — a great way for fans to express their undying team loyalty –  are proving to be a home run in the credit card industry.

Features offered by the Major League Baseball™ Extra Bases™ Credit Card from Bank of America include:

•           No annual fee.

•           0% introductory Annual Percentage Rate (APR) on balance transfers and cash advance checks for your first 12 billing cycles.

•           Earn 1 point for every net retail dollar spent redeemable for MLB™ autographed memorabilia, once-in-a-lifetime MLB™ experiences, cash rewards and travel with no blackout dates.

•           Get an official MLB™ licensed jersey after your first qualifying transaction(s) using your MLB™ Extra Bases™ credit card.

During a period of economic instability, uncertainty in the stock market, illiquidity in the credit markets and the softening real estate market, one thing remains constant – sports fans are crazy about Major League Baseball.  Historically, baseball has given the public something to believe in and something to hope for, particularly during difficult economic times.   With the MLB™ Extra Bases™ credit card, Red Sox fans can be reminded of their favorite team every time they take out their wallets.  Real fans carry the card with pride.  Visit www.redsoxcreditcard.com to complete the credit card application online in a few short minutes.

http://www.articlesbase.com/baseball-articles/boston-red-sox-credit-card-major-league-baseball-extra-bases-mastercard-626498.html



GONZALO

College Credit Builder asked:


The New York Mets official team logo can now be featured on the Major League Baseball™ Extra Bases™ Credit Card from Bank of America.  (www.metscreditcard.com ).   This rewards credit card has proven to be a grand slam with fans and is scoring rave reviews in the rewards credit card industry.  Like many retailers, airlines, and universities have done for years, Major League Baseball teams like the New York Mets are now being displayed on consumer credit cards.  These baseball oriented credit cards are rapidly growing in popularity and are proving to be a hit with sports fans across the country.

The Major League Baseball™ Extra Bases™ Credit Card from Bank of America has valuable features, including:

•           No annual fee.

•           0% introductory Annual Percentage Rate (APR) on balance transfers and cash advance checks for your first 12 billing cycles.

•           Get an official MLB™ licensed jersey after your first qualifying transaction(s) using your MLB™ Extra Bases™ credit card.

 •          Earn 1 point for every net retail dollar spent redeemable for MLB™ autographed memorabilia, once-in-a-lifetime MLB™ experiences, cash rewards and travel with no blackout dates.

At a time when everyone’s nerves are frayed because of uncertainty in the stock market, illiquidity in the credit market and the softening real estate market, one thing remains constant – sports fans are crazy about Major League Baseball.  Historically, baseball has given the public something to believe in and something to hope for, particularly in tough economic times.   With the MLB™ Extra Bases™ credit card, Mets fans can be reminded of their favorite team every time they take out their wallets.  Real fans carry the card with pride.  Visit www.metscreditcard.com  to complete the credit card application online in a few short minutes.



JAVIER

College Credit Builder asked:


The Atlanta Braves logo can now be featured on the Major League Baseball™ Extra Bases™ Credit Card from Bank of America. ( http://www.bravescreditcard.com )   This rewards credit card has hit a home run with thousands of fans and has proven to be fierce competition in the rewards credit card industry.  Like many colleges, airlines, and retail stores have done for years, baseball teams like the Atlanta Braves are now being featured on consumer credit cards.  These baseball oriented credit cards are rapidly growing in popularity with major league baseball fans across the country. 

The Major League Baseball™ Extra Bases™ Credit Card from Bank of America has features like no annual fee and a 0% intro Annual Percentage Rate (APR) on balance transfers and cash advance checks during the first 12 monthly billing cycles.   Additional incentives designed to gain customer share in the competitive rewards credit card market, include exciting offers like an official MLB™ licensed jersey for the team of your choice after the first qualifying transaction using the card.  In addition to the no annual fee and 0% introductory APR, card holders can quickly earns points (at a rate of 1 point for every net retail dollar spent) that can be redeemed for MLB™ autographed memorabilia, exclusive experiences with the Altlanta Braves, travel rewards and cash-back bonuses.

Major League Baseball™ has cornered the market — every official team logo can be represented on the face of a  Major League Baseball™ Extra Bases™ Credit Card from Bank of America.  Other websites offering the card include http://www.majorleaguecreditcard.com/ and www.collegecreditbuilder.com/mlbcards.htm.    Consumers feel good about supporting their home teams and feel proud to be card carrying fans publicly displaying their team every day.  



IGNACIO