#CreditCard

[socialismforall]

Joe Biden: Americans “Have the Money to Spend”

US President Joe Biden says it's OK that food's super expensive because the average working people of this country have money to burn on commodified necessities such as macronutrients.

In reality, US credit card debt has increased to record levels in recent months, and delinquencies -- an early indicator that people are going broke -- are starting to rise.

So, no, Joe, that pandemic money is long gone, and people now are holding on by their fingernails — and all while layoffs and unemployment are still relatively low. It’s a bad situation that’s probably about to get much worse.

Biden continued by talking out of both sides of his mouth, saying that “we’ve got to deal with” the “corporate greed,” etc., but we all know where his sympathies lie and which class he serves at the end of the day.

source: https://www.realclearpolitics.com/video/2024/05/08/president_biden_on_30_increase_in_grocery_prices_people_have_the_money_to_spend.html source: https://www.usatoday.com/story/graphics/2024/02/07/us-credit-card-debt-hits-trillion/72505645007/ source: https://www.newyorkfed.org/microeconomics/hhdc?mf_ct_campaign=msn-feed&utm_content=syndication

[fininformatory]

Smart Strategies to Raise Your Credit Score Using Credit Cards

Improving your credit score with credit cards is easier than you think. First, always pay your bills on time. Even one missed payment can hurt your score, so consider setting up automatic payments or reminders. Keep your credit utilization low by using less than 30% of your credit limit. If possible, pay off your balance in full every month.

Another tip is to maintain your old accounts. A long credit history can strengthen your score, so think twice before closing that old card. Also, avoid applying for multiple credit cards in a short period. Every application results in a hard inquiry, which can lower your score.

Finally, check your credit report regularly to spot any errors. Dispute inaccuracies immediately to prevent any negative impact. Responsible credit card use can lead to a better credit score, unlocking better financial opportunities like low-interest loans and premium cards. Stay consistent, be mindful of your spending, and watch your credit score rise! 💳

[wonderpaytec]

Wonderpay Your Trusted Payment Gateway With Instant Settlement And Free UPI Collection

Wonderpay offers Instant payment solutions across the country. This is very crucial for any business that aims to expand their reach for improving customer experiences. It also enhances the security of your payments with a minimum transaction cost. Our payment gateway supports a vast array of transactions, which makes it easier to manage financial transactions for all types of small e-commerce stores to large multinational corporations.

[byfaithmedia]

So true 📖

[paylogic]

PayCredit – Simplifying Loan Portfolio Management

[greaterbank]

Your CIBIL Score = Your Financial Power! 

This 3-digit number (300-900) decides your loan approvals and interest rates. Higher score = better financial opportunities! 

Swipe to learn why it matters and how to keep yours healthy! 

Ready to boost your credit game? 

Check your CIBIL score with Greater Bank today!

To know more,Visit : https://greaterbank.com/

[development-co]

[ppiwallet]

Integrate Credit Card Bill Payments in Minutes with PaySprint API

No long waits, no complex coding. With PaySprint’s API, your platform can start accepting credit card bill payments fast — and safely.

[fincrew]

Why Your Credit Card Application Got Rejected (Even If You Thought You Qualified)

So, you’ve applied for a credit card—convinced you met all the basic requirements—only to find out your application was rejected. Frustrating, right? You're not alone. Many Malaysians face this situation and wonder what went wrong. The truth is, banks assess more than just your salary before approving a credit card. Here are five common reasons your application might be declined, and how you can improve your chances next time. 1. You Already Have Too Much Financial Commitment Even if your income looks good on paper, your existing financial obligations—such as loans or hire purchases—could be eating into your budget. Why it matters: Banks use something called the Debt Service Ratio (DSR) to calculate how much of your income goes toward repaying debts. A high DSR signals financial strain. What to do: Try to reduce your existing debt before reapplying. 2. You Don’t Have a Credit History If you’ve never used credit—no loans, no past cards—it may actually work against you. Why it matters: Banks assess your creditworthiness based on your history. No history means no track record, which makes it hard to judge how reliable you are. What to do: Start small—try a secured credit card or a basic financing plan to build your profile. 3. Your Income Isn’t Stable or Properly Documented Freelancers, gig workers, and self-employed applicants often face challenges proving stable income—even if they earn well. Why it matters: Lenders want to see consistency. Without proper documentation like salary slips or EPF contributions, your income may not be considered “verifiable.” What to do: Maintain proper records and bank statements. If you’re newly employed, wait a few months before applying. 4. You Submitted an Incomplete or Incorrect Application A surprising number of applications are rejected due to missing documents or inaccurate details. Why it matters: Even minor errors can raise red flags or delay processing. What to do: Double-check everything before submitting. Ensure you’ve included all the necessary documents like utility bills, salary slips, and identification. 5. There Are Red Flags in Your Credit Report Missed loan payments? Unresolved debts? These can all hurt your application. Why it matters: Banks rely on your CTOS or CCRIS report to determine how responsible you are with money. What to do: Get a free credit report to check your status and resolve any outstanding issues before applying.

Final Thoughts

Getting rejected for a credit card isn’t the end of the road—it’s a chance to understand and improve your financial standing. Whether it’s reducing debt, building a credit history, or improving your documentation, every step you take brings you closer to approval. At Fincrew, we help Malaysians make smarter financial decisions, from comparing insurance to understanding credit. Stick with us as we guide you through every money move that matters. Read the full article

[domainsyesterday]

💳 Boost Your Financial Identity – CreditLineCard.com!

A strong, trustworthy domain ideal for credit card services, fintech startups, loan providers, or financial comparison platforms. CreditLineCard.com speaks directly to consumers seeking credit solutions and financial empowerment.

✨ Finance-focused and highly brandable

✨ Perfect for credit products or fintech tools

✨ Instantly communicates trust and value

[sangeersoft]

Say goodbye to manual loan processing! With RSoft Banking DSA, you can automatically capture all loan applications—whether it's a credit card or a personal loan—and assign them to the right officer instantly. Boost efficiency, reduce errors, and deliver a seamless experience for your banking team.

[fininformatory]

Yoour Credit Card Is Closed?, But It Still Shows Active in CIBIL – What Should you Do?

It can be frustrating when you close a credit card, but it still shows as active on your CIBIL report. Don’t worry! Here’s what you can do to fix it.

1. Check Your CIBIL Report

Start by downloading your CIBIL report from the official website (www.cibil.com). Look for the credit card entry and see if it still shows as active.

2. Make Sure the Card Was Closed Properly

Banks usually send a letter or email when your credit card is closed. If you didn’t get one, contact your bank to ask for a closure confirmation.

3. Dispute It on CIBIL

If your card is still listed as active, you can raise a dispute with CIBIL. Here’s how:

Log in to your CIBIL account.

Go to the "Dispute Resolution" section.

Choose the credit card that is showing as active and file a request to update it.

4. Contact Your Bank

Sometimes, the bank may not have updated your closure with CIBIL. Call the bank’s customer care or visit a branch and ask them to fix it.

5. Keep Checking

It may take up to 30 days for the bank to update the information with CIBIL. Make sure to check your report again after a while to see if the status has changed.

Final Thoughts

Having a closed credit card still show as active can affect your credit score, so it’s important to sort it out quickly. If you’re still facing problems, you can escalate the issue to the banking ombudsman.

[irctcofficial]

India’s Ultimate Travel Companion 🚂✈️

UPI Wala Credit Card with 5X Rewards on Every Train Ticket Booking with the IRCTC RBL Bank Credit Card.

Click https://shorturl.at/QjpIp to apply!

[dailyfinancial]

From ₹25,000 to ₹5 Lakh: What’s Your Real Credit Limit with a ₹50,000 Salary?

“The credit card limit for a ₹50,000 salary in India in 2025! From ₹25,000 to ₹5 lakh, learn how CIBIL score, DTI, and card type impact your limit. Get tips to boost your credit, explore top cards, and unlock financial flexibility with this comprehensive guide.” Credit cards have become an essential financial tool in India, offering convenience, flexibility, and rewards for everyday spending. A…

[paylogic]

PayCredit – Simplifying Loan Portfolio Management