The mission of the Debt Guys is to help each person become Money Conscious resulting in eliminating their debt, living a debt free life and empowering them to achieve financial success by virtue of the universal principles discovered by us through our own financial mistakes, victories and professional training.
Showing posts with label fees. Show all posts
Showing posts with label fees. Show all posts
Monday, October 7, 2013
Credit Cards with No Interest until 2015
Here's a list of credit cards not charging interest until 2015. If you're interested, be sure to understand the transfer fee and what rate to expect when they do start charging a fee.
Friday, April 29, 2011
Bank Debit and Credit Card Fees - A Sink Hole for Us All
Although we are not opposed to any business, including big banks, making a profit, maybe it is time for the American consumer to rethink the use of plastic on every transaction. With the fees being charged by card providers sucking billions out of the wallets of consumers and merchants, Cash is King certainly is a principle that can help us small folks. As the linked article below points out, some merchants would rather give merchandise such as a banana away then swipe a card for small transaction. According to Merchantseek.com a typical PIN debit card transaction costs the merchant between .35 and .55 cents. On transactions less than $10, the merchant is paying a large percentage of the total bill out in fees. Who ends up paying those fees? We do. They pass that cost on to us. So why not give the merchant a break and in turn give yourself a break. Pay with cash on small dollar transactions especially. Your merchant will appreciate it and the beneifits will be passed on to us in slower price hikes. Swiped: Banks, Merchants And Why Washington Doesn't Work For You
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