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Tip of the Day If You Don't Understand How An Investment Works, Don't Buy It

If You Don't Understand How An Investment Works, Don't Buy It - One of the most common mistakes made by people is buying things that they don't understand, and that...

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Don't Use Your Credit Card for Cash Advances

Don't Use Your Credit Card for Cash Advances - We all have times where we get into a jam and need a little bit of additional money, but don't use your credit card to obtain cash advances as all this does is harm the score of your credit and add to your expenses with an extremely high interest rate repayment. Cash advances on credit cards carry with them amongst the highest interest rate out there, so before considering this is an option to get you out of sticky situation, approach family and friends, or ask for a small low-paying bridge loan to get you through. This interest is much lower.

Discuss It!

luxury event planner said:

It is the stupidest thing one can do. I work in a bank and I have seen many people getting their credit cards blocked by the bank because they took cash advances and they couldnât pay it. Lending money from persons will be a better idea.

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Definition of the Day Non-Callable

Non-Callable - Non-Callable is the bond or the preferred stock, preference share, redeemed by the issuer before its maturity date, or a date specified in the bond indenture or share prospectus, only on the payment of a penalty. Such call fortifications safeguards the holder from loss of interest income caused...

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