Gift Credit Cards

The most majestic holiday of the year is around the corner, and crowds of people rush into the malls in order to buy various presents for their relatives, neighbors colleagues, and friends. Gift credit cards could be an excellent Christmas present among all variants.
No doubt, the best credit card gives you an opportunity to save your money and reduce your spendings during Christmas time.
Gift cards are becoming more sought after than ever before. It is estimated that gift card sales will amount to $26.3 billion this holiday, compared to $24.8 billion last year. Just imagine that gift cards are the best present for people who long to pamper themselves with new purchases.
Select one of the exclusive gift credit cards for your relatives or friends. A personal private message will make this gift special for the recipient. Moreover, gift plastics can be used for online purchases as well. That's surely an excellent option for those who lead a busy life.

New Ideas for Money Making

I suggest you some businesses. Think and go ahead!

• Search dog service

• Locator phones

• A locator system for blind people

• Parasailing in the desert

• Sell lests

• Boom boxes for bicycles

Some News

Today I have found an interesting article at CnnMoney.com. It is called "Protect Yourself from the Dollar Drop". What do you think of it? Can it really help?

Stop Paying Your Bills On-Time!

How many of you have been taught the best way to protect your credit is to always pay your bills on time?

We all have. It’s common sense.

I still remember the little chat my Dad had with me about credit when I was about 18 and got my first Montgomery Wards card. He said,

“Tom, credit can be a great thing; but make sure you always pay your bills on time or you're going to regret it."

What if I told you just “paying your bills on-time” was hurting your credit score? It’s true. Let me explain.

Credit card companies want you to have bad credit. If you have bad credit, they have control. If you have bad credit, they now have the justification (at least in their minds) to give you the worst possible interest rates; and interest is where they make their money.

That being said, they employ all kinds of scumbag tricks to help you - give them the excuse they need to jack your rates up.

Just paying your bills on time is one of them. Here’s how it works.

Most credit card companies report to the credit bureaus about the same day they mail you your bill. You’re were dead before you even got the bill. Still don’t get it? Keep reading.

Your credit score is based on several factors. The second highest factor (30 percent) is your credit card balances. And that my friends, is one of the ways they get you.

Let me give you an example…

Let’s say it’s the 1^st. of the month and you use $4,000.00 of an $8,000.00 credit limit. You’re not worried; you know your bill will arrive on the 15^th. at which time you’ll have the money to pay-it-off in full.

Well, it’s already reported to the bureaus; $4000.00 and all. That’s because they reported it right before they even mailed you the bill. You never had a chance.

That’s 50 percent utilization, which we all know is bad. You should keep your balances below 10 percent. I guarantee you, 50 percent is dragging your score down.

Here’s where it gets worse. We’ve monitored thousands and thousands of credit reports; as well as the spending habits of our clients. 9 out of 10 people will go use their cards again right after paying them off.

If you’re thinking to yourself “then my balances will always look maxed”, you’d be right. Use that card right after paying your bill “on time”, guess what happens the next statement date?

It’s a vicious cycle that is sent into motion on purpose by credit card companies.

Here’s the good news. The solution is simple.

Call your credit card companies and find out their reporting date. Don’t wait for your bills to arrive, make sure that check is in their greedy little hands BEFORE they report.

Now, you’ve turned that that ugly little cycle into a positive. They will be reporting paid off cards every month.