Annual Credit Card Rewards Review

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Credit cards that are available today offer many different types of programs to their customers.  These programs are often referred to as a rewards program and are becoming more popular.  These rewards programs work for some people and some times they do not work for others.  It is important that the consumer does their research to be sure that the rewards will fit their financial situation and their budget.

What Is A Credit Card Reward Program

A credit card rewards program is a program that will offer the consumer rewards of different kinds just for charging on their credit cards.  Every credit card company that offers a reward program will have different types of rewards as well as different rules on how to earn the rewards as well as spending or cash in the rewards.  Most of the time these rewards are not the best idea for consumers who pay their balances off every month.  These programs should be aimed at the consumer who carries a balance on their credit card from month to month.

Types Of Reward Programs

One of the most common types of reward program is that that will offer an introductory annual percentage rate.  This will often involve purchases with a certain annual percentage rate for a time period such as a year. Of course if the balance is not paid off in that year’s time the original interest rate of the card will be used from the date of the purchase.  This is usually printed in the fine print and many consumers do not read that and get stuck with a large amount of interest in the end.

Another type of incentive that is spoken of in the form of a reward is a zero percent interest rate on a balance transfer for up to a certain amount of months.  Fifteen months is the most popular.  Once again if the balance of this transfer is not paid off within those fifteen months the interest will be calculated from the original percentage on the credit card.

One other rewards program that is becoming increasingly popular is that of a travel reward.  If you as the consumer travels frequently this could be beneficial to you.  Most of the travel rewards credit cards are partial to one airline to travel on.  These travel reward credit cards have many different advantages such as cash advances to be used while you are traveling as well as special incentives for those who are frequent fliers.

Credit cards that can be used to purchase gasoline can also have great rewards when used properly.  Many will offer low interest rates or even a certain amount of money off of the cost of the gasoline.

It is important for the consumer to do an annual review of their credit card rewards.  This is because some of these cards will offer a high interest rate to help cover the cost of the rewards.  If the card holder is not using the rewards they are given it is not beneficial for them to keep paying fees as well as high interest rates for the next year and years to come.

Author Bio


Janice Thompson likes to write fiance based articles. She has been writing since a long time on different subjects like credit card, loans for bad credit, debt, insurance etc.

Alternatives to Home Loans

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In this down economy, obtaining a home loan for a first time homeowner, investor or repeat buyer may be too daunting. Or, lenders may assess your financial situation too risky to lend to because of previous bad credit. Or, perhaps you are a small business owner that does not have sufficient monthly income and lenders are afraid that you may not be able to make the payments monthly. Whatever the reason is, there are many alternatives for large purchases than taking out a traditional home loan. Here is a look at other viable options:

Life Insurance Policy – As long as you are making regular monthly payments on a life insurance policy, cash value is accumulated over time. Borrowing against the cash value of your life insurance policy is much easier than obtaining a home loan since there are little to no requirements and there is no loan qualification. Prior to borrowing money through your life insurance policy, you should determine the interest rate on the loan, the taxability of the withdrawal and the effect of the loan on your death benefits. Before borrowing from your life insurance policy, do not forget the reason that you took out the loan in the first place. Ensure that owning the property outweighs having less death benefits.

Payment Protection Insurance ClaimsPPI claims are another alternative to home loans. This type of payment protection ensures that repayment on a debt is ensured even after the death of the borrower.. The amount of PPI claims are not only based on the payments but the interest incurred resulting from those payments. Determining whether you have any PPI claims is a great way to obtain the money needed for larger purchases.

Self-Directed IRA – A Self-directed IRA is a way to invest on non-traditional assets such as a home or property. Self-directed IRAs are different from traditional IRAs and Roth’s because they are broader and are most often controlled by the policyholder. Purchasing a home directly from your own self-directed IRA is against the rules of the IRS since this is considered self-dealing. However, a person who is not related to you or your business can lend you money though their self-directed IRA for profit or interest. It is common practice for property flippers to use both their own savings and borrow from someone else’s IRA to complete the sale on a particular property.

About the Author:
This article has been posted by Maria, a professional blogger. Catch her @financeport

How To Pay Off A Perkins Student Loan Quickly


The Perkins Loan is a Federal Student Loan provided by the U.S. government
to undergraduate and graduate students in need of financial assistance. Perkins
are allotted to students based on their current income status.

It is recommended that students apply for federal loans such as the Perkins
Loan, and others, before applying for private student loans. Students are
also encouraged to apply for grants and scholarships before seeking out any
type of loan.

U.S. students may apply up to $27,500 in undergraduate school related fees.
Graduate students may apply for up to $60,000 in school related fees.
School related fees include items such as school tuition, housing, meal
plans, books, etc.

It is important when researching loans to pay close attention to interest
rates. Federal Loan Interest rates are normally less expensive than Private
Loan Interest Rates. The Federal Perkins Loan Interest rate is only 5%.
This is a set interest rate for all students.

Upon qualifying for a Perkins Loan, students may make payments directly to
their school. Please be aware that not all schools qualify for a Perkins
Loan, but there are approximately 1,700 schools in the U.S. that can grant
Perkins Loans to students.

How to apply for a Federal Perkins Loan

There are a few simple steps to applying for a Federal Perkins Loan. Most
schools provide students with a Financial Aid Department, which can also
assist in this process.
The first step to applying is to complete a form for all Federal Student
Loans called the FAFSA (Free Application for Federal Student Aid). This
application can be found on the following web site-

The next step is to fill out a Perkins Promissory Note. The Promissory Note
is a legal contract the student must sign before obtaining government
funded loans. A copy of this document will be given to the student; it
details the agreement specification and repayment options such as interest
rates, forbearance, and grace periods.

Upon completion of these applications, students are awarded varying
amounts. Some of the determining factors on how much a student receives are
the student’s income level, the amount of loan money the school still has
available and the amount of other student loans obtained by that student.

How do I pay off a Perkins Loan?

One benefit of applying for a Perkins Student Loan is that those in certain
professions may be eligible for a student loan deduction or write off. For
example, both teachers and those in the Peace Corps are eligible for
reductions in their loans, based upon how much they owe in loans and how
long they work in respective fields.

Upon graduating, students have nine months to seek employment and begin
paying off this type of student loan. This applies for students that are
enrolled in school at least half-time. If a student is not enrolled in
school at least half-time, there is a possibility that the nine month grace
period will start before graduation.

It is also worthwhile to note that students do not have to pay interest for
a Federal Perkins Loan until after graduation. For more information on
Perkins Loans log onto the U.S. Department of Education Website-

6 Great Finance Books You Should Read

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Whether you’re a finance buff or you’re interested in finance, you’ve
probably already come to realize that there are thousands upon thousands
of books on the market.  If you’ve been dying to read a good financial
book that teaches you either about getting out of debt or how the economy
runs, here are six you may want to keep on your reading radar:

Finance by Zvi Bodie

This finance book of 479 pages was published by Prentice Hall. This book
tends to have a scope broader than others and a larger emphasis on general
principles than any book which focuses exclusively on finances in the
corporate atmosphere. This is the reason why this book is considered a
significant new guide to finance. The acclaimed authors present an
approach to finance anchored and balanced among the three “pillars”
namely, optimization over time, asset valuation, and risk management. It
focuses on personal finance topics like saving and investing, and asset
valuation. This book is great for anyone who wants to have a concrete
understanding of the field of finance.

This Time is Different: Eight Centuries of Financial Folly by Carmen M.

This book argues that the past is an indicator of what’s going to happen
in the future. The existence of the cycle of bust and boom is being
emphasized by the authors of this book which provides of historical debt
defaults around the world.

The Total Money Makeover by Dave Ramsey

If you want to get started on the path to financial freedom, or if you are
in credit card debt and if you are struggling with pay check to pay check
living, then you must definitely read this book which is written for you.
The author of the book talks about the importance of working, paying the
debts your created in the first place, and staying out of that debt hole.
The author, noted as an anti-credit card preacher and a devout Christian,
will definitely sprinkle you with his own personal morals and practices
which makes the book an easy, inspirational and non-technical read.

Your Money Or Your Life by Vicki Robin

In this book, readers will be able to evaluate and re-evaluate their
priorities in life, most especially in the aspect of jobs and their
connections with others. Your Money Or Your Life examines financial
truths, focuses on the play between life and finances, encouraging readers
to pursue passive income sources and, in the process thereof, encourages
readers to break out of the habit of trading precious time for cash. This
book is perfect for those who aren’t happy with their financial lives and
for those who want to live a value-oriented life. This book will
definitely help readers understand that life is not just working and about
physical things. Life is more than that.

The Money Book For The Young, Fabulous, and Broke by Suze Orman

This book is highly recommended as a must-read for beginners. It
specifically focuses on the financial needs and situations of young adults
in the needs of students and young adults in their 20s and 30s, in the
struggle with credit card debt, credit reports, and in the problem of
student loans. But, if you are looking for a book and dig deeper into
personal finance, this book is also suitable for you because it emphasizes
on introductory financial topics that even older readers may be interested
in reading.

The Richest Man in Babylon by George Clason

This book is a highly-recommended must-read for everyone from high school
students to corporate executives. The book presents a series of stories
set in Babylon and through these classic life lessons, it teaches the
principles of basic personal finance and money management.

Hannah helps run the website, – a website that can
help you find the pricing on anything!

8 Steps To Control Your Cash Flows Like Never Before

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With the world being witness to one of the worst inflationary periods of the era the general economic pattern has changed drastically. As global corporate giants struggle to cope with the financial pressure; companies have exercised the option of employee reduction in order to keep themselves financially afloat. As the times take momentum, more and more young aspirants are looking to make it big through their own ventures. With so many options like venture capitals, banks and other financial institutions ready to meet the needs the job has become much easier.

However, controlling cash flows is the first and foremost duty of every entrepreneur whether the business is small, medium or large.


Here is a list of things that you can do to manage the cash flows.


Planning and plotting: measuring the entire cash flow


The first and the foremost thing that has to be looked into is the issue of cash flow itself. You need to make an overall calculation of the total money that the company expects to earn at the beginning of any particular fiscal period. If you sense any trouble, you should look to take necessary steps beforehand.


Making a cut here and there: trimming the budgets


Cash flow management depends largely on managing your budgets well. You should look to list the expenses and identify areas where the company needs to control its spending in order to retain their positive bank balance. For example, cuts can be made in areas like office supplies, snacks and the gas consumption.


Lock the credit business: do away with credit cards


If you are not paying your credit card bills on time, you might land up in higher debts as the interest rates are bound to go up with the rising credit. That is why it is important that you do away with this entire system of paying through credit cards.


Making ends meet: downsizing company strength


Even though it might not be the ideal thing to do, sometimes cutting down on the net strength of the company might seem to be a viable option, particularly when the company is suffering from recessionary pressure.


Optimizing your business: increasing sales revenue


Increasing sales revenue is an important aspect of the cash flow analysis. You can use various creative strategies to lure customers to the company products and increase sales in the process.


Diversify your sources: Don’t buy supplies from one place only


It is also important that you tally the prices of products being purchased and select only the most cost worthy options while buying the office goods.


Looking for additional help: Use banks aid


You should try to maintain a good relation with the bank. This can be done through regular visits as well as paying your bills on time. This can ensure that the loans asked for are granted in time.


Being a moral citizen: Paying taxes


Last but not the least, paying taxes can ensure that there are no hitches to your cash flow at least from the government’s side.


With the survival of the company depending largely on the cash flow, it is important that every company takes necessary steps to ensure that performance is not hampered in any way and the following steps will ensure that.

Lauren Devaney is the author of this post providing tips on money management. She provides Pay Day Loans services through her website to get rid of all your financial problems.

Find Few Steps for Obtaining Payday Loans on Bad Credit

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For anyone with bad credit score it’s nearly impossible to get financial assistance in order fulfil their financial needs. Bad credit holders can’t get loans and credit cards very easily and conditions get worse when they don’t have anyone to resort in moments of emergency. For these people payday loans act as a saviour in bad financial situations. It is a fast and easy way to get immediate money to tackle unexpected or unfortunate events such as medical bills, child’s education expenses, car breakdown, garage repair and so on.

If you have bad credit and want to improve your credit ratings, you can take a financial assistance in the form of a payday loan. These loans are for individuals who get rejected for financial help from banks and other financial institutions because of bad credit score. You might have bad credit because of arrears, defaults, court judgments, insolvency, foreclosure, missed payments and individual voluntary agreements. The hottest benefit of these loans is that it does not involve credit check and lengthy paperwork procedure because of which you can get loan approval instantly. As there are several payday loans lenders are available online and offline, you have to take careful steps to safeguard yourself.

Here are few steps you should follow before obtaining payday loans:


Research the different options:

Before signing for payday loan or any other kind of loan, research and look around for all other alternatives. Many lenders charge higher interest rates than normal to the poor credit holders, approach different lenders and compare their interest rates.

Examine fees involved in the loan:

Some payday lenders charge huge fees in starting to make loan arrangements. Make sure you go through the agreement properly before signing and keep an eye on that condition apply clause. Avoid those loan offers that are more expensive than you anticipated.

Eligibility issues:

Many lenders have specific eligibility criteria to make sure that borrowers don’t lead to default. Find out the eligibility criteria and make sure that you qualify before trying to get a payday loan. Some of the basic eligibility criteria followed by most lenders is:

• You need to be 18 years of age or above

• You need to be legal citizen of the country in which you are applying

• You need to have some form of permanent income

• You need to have an active bank account and debit card for repayment

• You need to have active email address for further communication

Establish a value for your future pay cheque:

These loans are cash advances against your next pay cheque and you have to repay loan amount in full. However, many lenders often limit the amount to a percentage of your pay, by considering your regular expenses, so talk to your lender and agree on a specific amount for the loan.


Author Bio:

My name is Alicia. I am a tech writer from UK. I am into Finance. Catch me @financeport also at

Why Aren’t You Claiming These Tax Deductions?

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There are a ton of incredibly common tax deductions everyone claims every year. From kids to house payments, we usually think we have a pretty good idea of just exactly we should be deducting. But the truth is that there are tons of overlooked tax deductions each year – some $5 million worth – that could help you right now with your taxes and bring more money to your plate. Some of them are pretty obvious, but still incredibly uncommon, and some are much more weird and interesting.

Remember, if you’re doing your taxes, many times you’re shortchanging yourself when you don’t itemize and go over every single thing you spend that year – that’s where the big savings are, and where most people fail to get the full return they could when they take the easy way out.

*Charitable Contributions*

People overlook charitable contributions all of the time simply because
they don’t think of some things as charitable, or worse, they don’t keep
track. If you pay tithing to your church, this is indeed a charitable
contribution, and gets removed dollar for dollar from your taxes. There are
also a lot of cases where money is given to an organization that you may
not consider charitable and, in fact, is. A great example is any animal
organization – wildlife or domestic – because most of them survive on
charitable donations to keep their doors open. Every single one of those
contributions is deductible.

*Job Hunting Related Expenses*

So you think you’re all on your own when it comes to gas and car expenses
when you’re looking for a job? You most certainly aren’t. As long as job
hunting expenses exceed 2% of your income each year, you can itemize your
taxes and take every single penny off of them. Job hunting expenses can be
things like Internet for searching or car maintenance because you drove all
over the place looking for a job to things like lodging and food when
you’re travelling and looking for a job. Be careful, however – keep the
receipts for all of these purchases in case you get audited.

*Hobby Expenses*

Did you pick up a new hobby last year and make a few bucks off of it? Good
for you – because you can deduct the money you made off of your hobby from
your taxes. So if you spent $300 making model airplanes and made $500
selling them to your friends and family, every penny you spent is now tax
deductible when you itemize your return.

*Other Little Savers

*Do you have a service animal, such as a dog, that helps you see or pick up
things? Its food, no matter what the cost, is completely tax deductible. So
are travel expenses if you’re a military reserve member (when you drive
more than 100 miles from your house), and if you move jobs from one state
to another, you can even deduct the costs for that, too.

In the end, you can almost deduct anything from your taxes for the right
purposes and if you can justify it to the IRS. Sometimes, they’ll say no –
but sometimes, they’ll say yes. There have been cases such as pools that
have been approved by the IRS (it was only built for medical purposes at a
personal home – it even had a heater) all the way to cat food claimed as a
business expense since the cat took care of the vermin in the basement. If
those cases can clear, sometimes if you just check with the IRS over your
expense, it can, too. The worst they can say is no, and if the IRS does
says yes, you’re setting yourself up for  a much better tax year.


*Author Bio:** Elizabeth Roque is an in-house writer for Franklin Debt Relief.

She presents information about debt relief programs,
credit card debt reduction and getting out of debt on a variety of
financial sites online.