Daniel Joelson

Daniel Joelson

Total Posts: 579

Published Date: December 21, 2021

Daniel Joelson has been in the consumer finance space since 1994, he has helped to develop underwriting manuals for the financial sector. With a vast amount of Knowledge in consumer finance, he has been writing articles for all types of loans. With his knowledge, he is able to help many people to answer different financial problems.

Unpopular Credit Card Tips

Banks usually try to attract customers and are ready to offer benefits to their cardholders by putting juices offers such as sign-up bonuses, rewards, and low-interest rates for individuals who apply. However, most banks will focus on your credit score and if you do not have a good credit score, you might not get approved for a loan by banks.

However, few people do not know that card issuer can also offer benefits if you ask for them. Here are some benefits that you might not know your credit card may offer you.

  1. Modify the date your bill will be due

Making a prompt payment is one of the major ways you can impact your credit score positively. Hence, your late payment can hurt your credit adversely. This is why you should look for alternatives if you are struggling to keep up with your payment date. One of the things you can do in this situation is to give your credit card issuer a call and ask that your monthly bill due date should be moved. Also, synchronize all your credit card due dates so that you don’ miss or forget to make payment when it is due.

  1. Increase your credit limit

Another way to reduce your credit utilization is to raise your credit limits. In case you have low credit limits, you can request to increase the limit on your cards. However, if increasing your credit limit will tempt you to spend more, then it may not be a good strategy to raise your credit limit. Increasing your credit limit will also result in hard inquiry and this may affect your credit score.

  1. Lower your interest rate

Negotiating a lower interest rate when you apply for loans will go a long way in reducing the cost of the loan. It can never be asking for too much when you request your lender to reduce your interest rate. It is a norm and nothing out of the ordinary. So, look at the possibilities of negotiating a low-interest rate or consider refinancing your current loan to get a lower interest rate.

  1. Remove late fees

You will be amazed to find out that your bank can also waive late fees especially if it is not in your attitude to make prompt payments over time. You can also search for credit card providers who automatically waive the fee on your first late payment. However, the real key to avoiding unnecessary late fees is to pay on time and do not miss a payment.

  1. Limit cash advance and spending

Work on ensuring that your debt-to-available credit ratio is not above 30%. Your debt-to-credit ratio or credit utilization is the ratio of the debts you have on your credit card to your income. Hence, it is important that you limit the spending that will make you want to go by the way of applying for a cash advance. You can set a cap in the amount you spend on purchases so that you can keep your credit utilization rate at a level that wouldn’t put you under financial pressure. Another reason to avoid cash advances is that the interest rates are usually high and the charges can be enormous as well. Set your cash advance limit to $0 so that you can avoid additional costs.

  1. Waive your card annual fee

If you want to close your card to avoid an annual fee, try calling your card issuer first before doing so. Closing your accounts can adversely affect your credit score. Also, banks may be willing to waive your annual fee, if it is your first year, or reward you to keep you as a customer.

The bottom line is that you shouldn’t make assumptions, pick up your phone and call your card issuer, you might never know what benefits they can offer you or that you are entitled to unless you call them.

This article was brought to you by TFC Title Loans, we try to bring to you the most informative information. If you are interested in getting a title loan local to you, we are able to help you with our large referral network.

We will help you to get the most money by using the equity that you have in your vehicle, the application is fast and we can provide you with same-day funding.

All of our referral partners are in compliance with the CFPB. We will help you to get the money that you need but from a trusted and reliable title lender.

For other credit lines, you can find a title loan close by at your earliest convenience by calling our main telephone if you would like to apply. Funds are available the next day.

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DISCLAIMER: As our policy to make sure you know what we do and what are our limitations, we offer you these disclaimers. We are NOT A LENDER and we do not make short term cash loans or credit decisions. We are a referral service and work only with licensed lenders/brokers.

We may act as the broker for the loan and may not be the direct lender. Loan proceeds are intended primarily for personal, family and household purposes. We do not offer or service student loans.

*Loan amounts by the lenders vary based on your vehicle and your ability to repay the loan.

*Since we do not lend money directly we cannot offer you a solicitation for a loan, except in the state of California. In all other serviced states we WILL match you with a lender based on the information you provide on this website. We will not charge you for this service and our service is not available in all states. States that are serviced by this Web Site may change from time to time and without notice. Personal Unsecured Loans and Auto Title Loans are not available in all states and all areas.

*Auto Title Loan companies typically do not have pre-payment penalties, but we cannot guarantee that every lender meets this standard. Small Business Loans typically do have pre-payment penalties and occasionally will use your car as collateral to secure the loan.

*All lenders are responsible for their own interest rates and payment terms. TFC Title Loans has no control over these rates or payments. Use of the work competitive or reasonable does not mean affordable and borrowers should use their own discretion when working directly with the lender.

*The amount of people who applied for a loan and we helped and those who received a loan is not the same. We cannot guarantee we will find a lender who will fund you.Just because you give us information on this web site, in no way do we guarantee you will be approved for a car title loan or any other type of loan. Not all lenders can provide loan amounts you may see on this web site because loan amounts are limited by state law and/or the lender. Some lenders may require you to use a GPS locator device on your car, active all the time. They may or may not pay for this or charge you for this. This is up to the lender and we have no control over this policy of the lender. Typically larger loans or higher risk loans use a GPS.

*In some circumstances faxing may be required. Use of your cell phone to receive updates is optional.

*Car Title Loans are expensive and you may have other ways to get funding that is less expensive. These types of loans are meant to provide you with short term financing to solve immediate cash needs and should not be considered a long term solution. Residents of some states may not be eligible for a loan. Rejections for loans are not disclosed to our firm and you may want to contact the lender directly.

*Car Title Loan lenders are usually licensed by the State in which you reside. You should consult directly with these regulatory agencies to make sure your lender is licensed and in compliance. These agencies are there to protect you and we advise making sure any lender you receive money from is fully licensed.

*Trading Financial Credit, LLC dba TFC Title Loans, Car Title Loans California, Dineromax. If you are using a screen reader and are having problems using this website, please give us a call at 1-844-242-3543 for immediate assistance.

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