Vectors and 3D Models
Local Search - Finance
Weather Information
Get the App for Smartphones and Tablets

Go Back


WhmSoft Free Articles Directory
Free Articles for Reprint
Free Articles to Publish
Free Articles for Newsletters
Videos to Watch


Page Generation Date and Time:
06/26/2017 17:35:39

 
Free the Animation VR / AR
Play to reveal 3D images and 3D models!
   
 
vlrPhone / vlrFilter
Project of very low consumption, radiation and bitrate softphones, with the support of the spatial audio, of the frequency shifts and of the ultrasonic communications / Multifunction Audio Filter with Remote Control!



 
 
Alexa Data
 

Go To Articles Directory Home Page

To get the current article, - See Below (at the bottom of the page) -.
For top news titles, see below.
Web sites and videos listed in this page are frequently updated.
If you find that this page is useful (quality of web sites, images and videos, ...), you can add it to your favorites.
Bookmark Page !

Tell a Friend:



With your mobile phone (WAP / I-Mode / iPhone / PDA), for free:
The Top News - http://www.whmsoft.net/services/wap/news.php
The Daily Files - http://www.whmsoft.net/services/wap/get.php
All the Directory Files - http://www.whmsoft.net/services/wap/choose.php

Web version of feeds:
Podcast Music - http://www.whmsoft.net/services/web/wpodcast.php
Daily Files - http://www.whmsoft.net/services/web/wget.php

You can play the Guitar Drum Revolution game (flash game) by following the link below:
Play Guitar Drum Revolution Game


You can play free online games (flash games) by following the link below:
Free Online Games

Play the samples below:
00582 Candy Quest00102 Memory Madness1240 TodoosnowBlast EmSnowy Puzzle Islands

You can view the people (celebrities) news and the front page news (with videos, images and constant updates) by following the link below:
View Recent News
or by visiting the WhmSoft Service blog:
News Photos Slideshows


Article Keyword Videos to Watch
Finance
Click on the image to start the video.



Related Topics
Images - Links - Articles

finance
finance yahoo
finance calculator
finance definition
finance charge definition
finance jobs
finance news
finance express
finance major
finance salary
Hambourg finance
Hambourg


Related Images



Article Category Videos to Watch
Finance
Go to the Videos Pages


Credit Card Cheques - An Expensive Convenience

When most people think about credit cards, they first think of a rectangular piece of plastic that is physically swiped in a machine when you make a payment. In recent years however, there has been an increasing trend towards borrowing on your account without actually using your card, originally by quoting your account number over the telephone, and more recently when shopping online. Add to this the ability to withdraw cash using your card, and nowadays a credit card account is perhaps better thought of as a more general line of credit you can use in many situations, rather than simply a convenient payment method. Credit card cheques are a natural extension of this idea, but they have attracted a fair amount of controversy - not least over the amount they cost. Credit card cheques are similar to a traditional bank cheques in that you make them out to the company you're paying, and sign for the amount to be taken from your account. Card issuers say they are useful for using your credit account in situations where plastic can't be used - for example, paying a utility bill by post. The crucial difference is that with a credit card cheque, you're adding to your card debt rather than simply transferring funds from your bank account, and this kind of debt is usually significantly more expensive than that arising from general credit card use. Firstly, most card issuers treat cheque payments as a 'cash advance' and charge a percentage handling fee of the amount of the cheque, usually at a rate of around 2.5%. This in itself makes the cheques a rather expensive proposition, but there's more to come - the interest rate will also usually be much higher than the purchase rate of your card. It's not unusual for cheques and cash advances to be charged at rates higher than 20%, even if the purchase rate of your card is closer to 10%. While this difference may not seem significant, especially if your cheque was for a small amount, a process known as 'allocation of payments' means it can be very important indeed. Each repayment you make to your card will be used to pay off your cheaper debt first. So, if you're carrying a balance you built up through purchases, your cheque debt will effectively go to the back of the queue and will sit in your account, happily attracting interest at the higher rate. It's not until you clear all your purchases and balance transfer debt that you start to repay the cheques. This means that if you use cheques regularly, a significant amount of the interest you're charged will be at the higher rate, and it will take much longer to repay your card balance, a fact which critics say isn't made clear enough on the cheques themselves. This lack of clarity has led to calls for a ban on sending out cheques as a matter of course, so that a customer has to specifically ask for them to be issued. So should you use credit card cheques at all? It's not a cheap form of credit, especially if you are carrying a balance on your card, and this needs to be weighed against any convenience aspect. In any case, it's perhaps a little ironic that after decades of being told that plastic was more convenient than cheques, some card companies are now saying the opposite - and profiting handsomely in the process.


About the Author: Michael Strauss is a personal finance writer for CardSense.co.uk, where you can compare deals on dozens of credit cards, including balance transfers and low interest cards.




Recommended Web Site(s):

Easy Articles Home Page - Articles Directory

Recommended WhmSoft Web Sites, Feeds and WAP Address:

WhmSoft Software Home Page - Software
WhmSoft Services Login Page - Music and Images
WhmSoft Moblog Home Page - Blog - Photo Gallery
WhmSoft Free Online Games Home Page - Flash Games
WhmSoft Services RSS Feed - Daily Music, Image and 3D Flash Animation
Classical Music with Drum RSS Feed - MIDI and MP3 Files
Classical Music with Drum Podcast Feed - MP3 and MP3 Files
WAP / I-Mode / PDAs - Daily Music, Image and Flash Animation

Home Pages:

WhmSoft Free Articles for Reprint Home Page
WhmSoft Services Home Page - Music and Images
Copyright (C) 2006-2017 WhmSoft - All Rights Reserved.