College Credit Builder asked:


The New York Yankees logo can now be featured on the Major League Baseball™ Extra Bases™ Credit Card from Bank of America. (http://www.yankeescreditcardoffer.com )   This rewards credit card has proven to be a home run with fans and is batting a thousand in the rewards credit card industry.  Like many universities, airlines, and retail stores have done for years, baseball teams like the NY Yankees are now being featured on consumer credit cards.  These sports oriented credit cards are rapidly growing in popularity and are proving to be a hit with 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 New York Yankees, travel rewards and cash 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.mlbcreditcardoffers.com/ and www.collegecreditbuilder.com/mlbcards.htm.    Consumers adore their home teams and feel proud to be card carrying fans publicly supporting their team every day.  

 



LINWOOD

College Credit Builder asked:


The Tampa Bay Devil Rays official team logo can now be featured on the Major League Baseball™ Extra Bases™ Credit Card from Bank of America.  (www.devilrayscreditcard.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 Tampa Bay Devil Rays 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, Devil Rays fans can be reminded of their favorite team every time they take out their wallets.  Real fans carry the card with pride.  Visit www.rayscreditcard.com  to complete the credit card application online in a few short minutes.



JULIAN

Ken C asked:


As a contractor, I assume I can get credit terms, but will I also receive an additional discount off retail price? How about access to items that consumers wouldn’t normally get? I have accounts through wholesalers now and was wondering what advantages there are at these stores?
Also, what is the typical discount I would receive with a contractor account?

EUGENE

vote_usa_first asked:


Consumers dont want more credit card debt for useless crap. Consumers want to save, and cut their budgets.

The problem is, government doesn’t want to cut its budget (which is 3x what it was in 1990) or worldwide military empire.

So how should govenrment punish those evil consumers who want to save? What is an appropriate punishment?

DELBERT

PrettyEskimo asked:


Have the government pay off the 2.5 Trillion in credit card debt US consumers have, and any purchase within the next 6 months is guaranteed at 2.9% interest. This kills two birds with one stone. The banks get their money and the people get a new lease on life and the economy will get a HUGE surge in purchases.
Yeh, this will work. I double checked all my figures.
at that 2.9% rate it would max out at 1250 that is all you get. Now if you are a responsible citizen and didn’t need the help that 2.9% would be good for 18 months with a 5k cap.
so, you would rather spend 1.25 Trillion and pump that into the stock market instead.

BERNARDO

mission_viejo_california asked:


A batch of economy-wide stats was released Friday morning, covering retail sales, industrial production, import prices, and consumer confidence.

The verdict? It’s a 2 percent economy. Call it Goldilocks 2.0.

Might the current financial turmoil throttle back growth a little more in the next six months? Yes, perhaps. Will there be some negative earnings surprises, especially from financial companies? Sure.

But the bears would have us believe the sub-prime credit virus heralds the end of the world. They are wrong. Remember this: Our free-market capitalist economy is resilient and durable. It has proven time and again that it can take a punch.

Sure, recession probabilities have increased. But so what? We’ve had virtually uninterrupted prosperity for twenty-five years, going back to the supply-side economy and technological boom launched by President Ronald Reagan. Since then, we’ve experienced 93 positive GDP quarters and only 5 negative ones. That makes for a truly phenomenal batting average.

Consider this: Marginal tax rates are low. Inflation is low. Interest rates are low. And the world economy remains strong. The stock market — which I still believe is the best barometer of the health of business and the economic future — has behaved surprisingly well during this difficult stretch of turbulence. In fact, the sum total of the so-called “bear assault” is only a 4.5 percent correction from Dow 14,000 and other index peaks registered two months ago.

Yes, profits are getting sloppy. And yes, there are some credit shocks out there yet to be revealed. However, the Federal Reserve will reduce the cost of money by bringing down its basic target rate on Tuesday. President Bush will veto any Democratic tax hikes. And at the margin, the Iraq War story is taking a turn for the better. Meanwhile, American entrepreneurs are still working hard.

Speaking of next Tuesday, the best thing the Fed can do is deliver a big-bang, shock-and-awe rate cut that would bring the basic fed funds target 50 basis points lower to 4.75 percent. At the same time, it should lob a full percentage point off the discount lending rate, cutting it from 5.75 to 4.75 percent. This would be a confidence-inspiring move for all concerned: borrowers, lenders, businesses, consumers, and mortgage holders. Not only will slashing the cost of money add significant new liquidity to the economy, it will raise asset values across the board.

The Fed also might think about setting up a special facility for non-bank lending institutions that are experiencing a liquidity squeeze. Perhaps also a temporary liquidity facility for commercial paper lenders. The asset-backed commercial paper market is vital to funding many of the daily operations of businesses across the country, and it’s this market that has been hardest hit.

Such monetary front-loading would be very powerful, indeed. However, if the Fed goes small with only quarter-point reductions for fed funds and the discount rate, many investors will have an incentive to withhold money while they wait for interest rates to finally bottom at much lower levels later this year or next. In other words, a timid Fed action might actually prolong and deepen the economic slowdown.

This is not a time for small-ball. It’s time for Bernanke and Company to go big.

And let’s not forget that taxes are just as important as money. President Bush and Treasury man Henry Paulson should absolutely squash all the Washington rumors of tax hikes, in particular a cap-gains tax increase. If investors expect a hike in the cap-gains tax, they will have every incentive to launch a massive wave of stock market selling. Needless to say, this would be utterly calamitous for the whole economic picture.

The animal spirits may have had their wings clipped a bit by the credit crunch, but with the right tax and money policies there is still plenty of sizzle and juice in this story. It’s very easy to be totally pessimistic and bearish right now, but that’s precisely why I will avoid falling into that trap.

Optimists are winners. Pessimists are losers

KIRBY

John Mcfadden asked:


A consumer credit report is the annual assessment of each person’s credit standing. By knowing what is on your you can get a lot of benefits when you go to get credit based services like loans, credit cards and even rent and phones.

Each year, by law, American citizens are entitled to obtain a free copy of their annual consumer credit report which basically details their credit risk profile. This allows companies who are considering extending some type of credit to the consumer to make an educated decision on the risk of that transaction. The better the credit of the consumer, then the better chance that company has of being paid back by the consumer.

By having a good credit report, a consumer can gain advantages such as cheaper loans and credit cards and avoid the embarrassment of being rejected for things like rental apartments and telephone contracts.

There are three companies which can offer a free consumer credit report (Experian, TransUnion, and Equifax) and are legally obliged to offer that annually.

By knowing what is in your credit report, you can negotiate for better credit condition (if you’re report is good) or you can strive to repair your credit by challenging inaccurate or false items on your report.

To do that, you simply need to obtain a copy, unfortunately you need to actually a report from all three credit bureaus. Why, because lenders don’t report to each bureaus, they just report to one with your past financial information - so if you only obtain a copy of one report then you will not have your complete financial position and history, it is recommended that you get all three reports - they way you know where you stand and you start improving nay negative information, it is common for your personal information to be old or incorrect.

Make sure you update them with your correct address. Be sure not to use companies that claim they can quickly improve your credit score, they are most likely to be scammers.

Assess the items on it that are negatively affecting your credit score and challenge those items to the relevant consumer reporting company. That company is then legally obliged to pursue the matter.

The thing is that challenging your credit report takes knowledge and time and so it may often be a better option to hire a credit reporting company to do the leg work on your behalf.

It’s essential you know how lenders will read and give weight to different parts of your Credit Report:

The American company FiCO has a tool that helps credit bureaus determine your credit score - below is the matrix that is used:

Payment History 35%

Amount Owed 30%

Length of Credit History 15%

New Credit 10%

Types of Credit Used 10%

Such companies know exactly what can be challenged as well as how to do it and who to contact about your credit.

By having a good credit report, you can make your own life a lot easier and cheaper in the long run.

Hopefully this article has been helpful for you and you will now know exactly what yours says.



ARRON

College Credit Builder asked:


The Philadelphia Phillies official team logo can now be featured on the Major League Baseball™ Extra Bases™ Credit Card from Bank of America.  (www.philliescreditcard.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 Philadelphia Phillies 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, Phillies fans can be reminded of their favorite team every time they take out their wallets.  Real fans carry the card with pride.  Visit www.philliescreditcard.com to complete the credit card application online in a few short minutes.



RILEY

A True Blue Fan from Philly asked:


I signed a release (stated the FCRA info within it) to have a consumer report or an investigative consumer report (I guess that’s a background check) done. I’ve accepted the job offer and wondered if I will also receive a copy of the background check? Also, what is the accuracy of these reports? If they’re like credit reports, they could be full of errors!

ESTEBAN

peytonpl2 asked:


how long are you responsible for a credit card debt???

TYLER