Tag Archives: consumers
Private Label Reward Credit Cards (Page 1 of 2)
More and more, consumers are becoming just as interested in the label associated with their reward credit card as they are with the interest rate, possible annual fees, and rewards. After all, credit cards were once very nondescript with nothing special separating one from the other but the Visa or MasterCard logo in the bottom right hand corner.
Looking for Unique
Today, many consumers are looking for reward credit cards with flair, personality, and a unique quality. Of course, consumers are still interested in receiving a great deal with their reward credit cards and, for the most part, won’t be willing to give up quality for a pretty picture. Nonetheless, the offerings of credit cards are becoming more and more competitive as they fight each other for customers. Therefore, many of the best reward credit cards offer a variety of different styles to the consumer in order to attract them to their card. In some cases, the designs may indicate a different type of card with different benefits. In other cases, the same type of card may have many design options to choose from.
Breaking the Mould
The first credit card to offer an intriguing design was the Discover Card. This occurred over twenty years ago when their sunburst design crashed into the market. Since all credit cards looked pretty much the same at the time, the design on the Discover Card was considered to be quite revolutionary. In addition, it garnered a great deal of attention from consumers. Understandably, other cards followed suit.
Following the Trend
Today, most reward credit cards offer attractive and fun designs. Nonetheless, Discover Card continues to lead the charge. Understanding that a single design is not going to please everyone, Discover offers more design choices than any other reward credit card. They have many wild designs, ranging from fun and colorful to professional and demure.
Discover’s variety of options began when it launched its clear card option for those who were applying for the card. At this time, it offered a credit card with a translucent blue background with a bright lighter blue grid pattern on top. After this design caught on in popularity, Discover decided to start offering more designs for all of their cards, including reward credit cards.
Today’s Designs
Today, Discover offers a patriotic American Flag card, which was launched after the 9/11 attacks. It also currently offers an entire line of sea life and wildlife cards that include images of animals such as a bald eagle, a tiger, and a killer whale. Their designs also include artistic designs, see-through cards, and other cards with a natural or patriotic theme. When selecting from rewards credit cards, you do not have quite as many design choices as you would if you were not limiting yourself to a certain type of card. Nonetheless, you will still have different designs to choose from in order to make the card unique to your personal taste and lifestyle.
Your Guide to Bad Credit Car Loan Financing
If you plan to get a car loan yet apprehensive because of your personal credit standing, a bad credit car loan is just what you need. Although consumers with a high credit score can get approved by any lending company, consumers who have bad credit history may find it a big challenge.
However, do not let your credit score set you back from acquiring a car loan with a good deal. Although bad credit car loans have higher interest rates than car loans for good credit, you still deserve to be treated with dignity and fairness. Do not predatory lenders take advantage of you just because you have poor credit rating. Below is a short guide on how to find the right bad credit car loan:
Explore your options. You can research online for potential car loan lenders. Many lending companies offer free pricing quotes from their websites so you can compare different bad credit car loan deals. You can use these quotes to do comparisons before making a final decision.
Check out car dealers. You can find car dealers that offer car loan financing, especially for consumers who are credit challenged. Dealers often use this strategy to increase their sales or to reach their sales quota for a certain time period.
Although you can try to get financed by a car loan dealer, you need to make sure that you will be dealing with a legitimate company. Some dealers may try to take advantage of a consumers poor credit standing by imposing high interest rates and fees. Before signing up for a deal, compare several potential dealers to find the best offer.
Check your personal credit report. Even though you are aware that you are credit challenged, its important to know exactly where you stand. Why, you may ask? Some lenders or car dealers may lead you to believe that you have a lower rating or that you cannot qualify for a lower interest rate because of your credit score.
Even with imperfect credit score, remember that you should always try to negotiate for a more affordable deal. Order a copy of your credit file from each of the three credit bureaus and bring a copy with you when meeting with a potential car loan lender or dealer. This way, no one can tell you differently about your personal credit rating.
Use the loan to rebuild your credit. While this may not be the best time to apply for a car loan because of your credit, you can make the most out of the situation by using your bad credit car loan to improve your credit score. This can be achieved by being timely with your payments from the beginning until the completion of your loans term.
Aside from your car loan, make sure that you maintain a good record or impressive payment history with other creditors. After six months or so, check your credit report to see your progress. Through consistent payment, you can surely improve your credit one payment at a time.