How are credit cards dangerous?

Answer Credit cards are a popular method of payment because of the convenience they offer. However, there are a number of dangers associated with using credit cards.Tracking SpendingWhen you pay with a cr... Read More »

Top Q&A For: How are credit cards dangerous

Are gold credit cards better than regular credit cards?

On One Hand: Regular Cards Accept Lower RatingsRegular credit cards have higher credit limits than secured cards but often not as high as gold cards. Traditionally, you do not need to have as good... Read More »

The Similarities Between Islamic Credit Cards & Conventional Credit Cards?

The Koran, the holy scripture of Islam, forbids Muslims to charge interest. As with the Hebrew Scriptures, the Koran places lending in the category of charity, and so regards interest as a form of ... Read More »

Will canceling credit cards with high available credit hurt my credit score?

Closing a credit card with a high available credit limit will lower your available credit, as well as remove some of your credit history. Typically, it does lower a borrower's credit score, althoug... Read More »

Does Walmart carry prepaid credit cards or debit cards?

Walmart does carry a prepaid debit card, known as the Walmart MoneyCard. The card carries the Visa logo and may be used wherever Visa cards are accepted, including for online transactions. The Mone... Read More »