British holidaymakers risk running up over £422 million in stealth charges just for using their debit or credit card abroad, according to uSwitch.com, the independent price comparison and switching service. While a fifth of holidaying Brits (21%) intend to take money out of foreign cash machines using their debit card, one in four (38%) will risk being stung by fees by using their credit cards to pay for things on holiday.

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However more than one in ten (11%) Brits dont understand the costs involved and that they vary between cards, while only a third (35%) research the best credit card to use abroad and make sure its in their wallet.

Slowly but surely the EMV (also known as chip-and-PIN) credit card technology is coming to the U.S. JPMorgan Chase has just rolled out its third such product, co-branded with British Airways and designed specifically for Americans traveling abroad whove long had issues getting their magnetic stripe cards accepted outside the U.S.

All three of Chases chip cards are actually hybrids they also feature a magnetic stripe, which makes them acceptable in the U.S. where the vast majority of pint-of-sale (POS) terminals do not at present support the chip-and-PIN technology.

Holidaymakers using a prepaid card overseas are being warned of a sneaky 15per cent charge that can leave them stranded without access to their own money.

The little-known tolerance charge allows MasterCard and Visa to add up to 15per cent to the bills of prepaid card users. It is supposed to protect customers from overspending, but the charge is added regardless of whether the user can meet the bill.

Card issuers say the charge is necessary on certain types of spending notably restaurants, taxis and petrol stations to prevent customers from going in to the red.

I know the feeling of being a first time renter and you now narrowed down the apartment search to a couple of places that are of interest to you.  It is an exciting but scary process.  There is one lingering question that has got to be driving you up the wall, “what is my credit score“, and “will it affect my chances of getting accepted for this apartment?”  There is a good chance that just because you don’t have much history or bad credit that you will be denied and be forced to look elsewhere.  This article will show you what tenets actually look for in order to put your mind at ease.

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It is not just a black and white answer and will take a bit of explaining to answer this question, “what credit score is needed for an apartment?”  One of the factors is actually where you live.  For instance, if you are applying for a place in New York or California your score will need to be hirer than if you applied in the midwest where the cost of living is much lower than the east and west coast .  Also, is it in the hotspot of the city or way out in the boonies?  Some places like Atlanta the market is just horrible and they will pretty much except most anyone as long as they haven’t been evicted or filed for bankruptcy.

For instance, from a landlords perspective they need to make sure you are not a huge risk and if you are on your way to bankruptcy in some states they are not obligated to evict you.  However, check with your state laws for this.

They will be checking your income and seeing that you can actually afford the apartment.  It is a range from 30%-50% varying from place to place.   This means that if you are applying for a place they want to make sure you are making double the amount per month of what the rent would be.  So if you rent was $1,000 a month they would want you to be making $2,000 dollars per month.  In some luxury apartments they even want to make sure you can afford it; they will make sure that you are making 2 1/2 times as much as rent per month.

However, to ease your mind you might want to go ahead and check your credit score.  Also, consider that if you are applying for an apartment that is $1,600 a month the rules and regulations would be much hirer than a place that cost $400 a month.  Each and every state varies and you will have to check your state laws, take this into consideration.

So what credit score do you need to get accepted for an apartment?  There is again no black and white answer put here are some general guidelines to follow:

780+ – Shouldn’t have much of a problem getting accepted for an apartment and generally will not have to pay a big deposit.  In their eyes you are a low risk and have proved yourself with an excellent credit score.

720-779 – Generally, you are a low risk to them and might have to pay a little security deposit.  Clearly, a good credit score, but it might be worth your while to see if you can do something to help improve your credit score just a little bit.  It will end of saving your money in the long run.

659-719 – You are average and some places will charge you a medium sized security deposit.  This is where most people stand with their credit score.  Some apartments might turn you down if you score falls into this range.

619-658 – Your of high risk and expect to pay the max security deposit.  Some apartment complexes might just turn you down with a credit score in this range.

Below 618 – Your a very high risk and you will certainly be paying a huge security deposit.  Not to mention, some apartments will just turn you down based on your credit score.  You should really consider working with a credit repair service because you need it badly.

Again, these figures are kind of broad and from apartment managers I have talked to over the years sometimes they don’t even really look at your credit score.  They will look at your credit report to see if you have missed a lot of payments over the last 6-12 months.

Spending on store cards has dropped 20 per cent in the last year as cash-strapped shoppers desert the High Street.

The store card decline far outstrips the overall 2 per cent less spent on credit during the last year, according to figures from the Finance and Leasing Association (FLA), which represents lenders.

Helen Flaxon, of the FLA, said the fall came as Britain started to ditch the stick it all on the card attitude, instead, ‘saving up to buy that new winter coat instead of putting it on credit’.

The amount of second mortgages, credit cards and loans, as well as payment to stores through installments also fell. 

Store cards are one of the most expensive forms of credit with the average APR of 25.5 per cent, compared to 16.8 per cent on credit cards.

 

It is extremely important to know the roth ira limits, in order to ensure you receive the full benefits from your roth ira account. Even though is known for its flexibility, there are quite a few limits to the contributions you can make towards your account.

How long does it take to repair credit?  The credit repair process is ongoing.  If your credit score is 580, it won’t change into a 720 within a matter of months.  It can take some people years to rebuild their credit history and raise their credit scores.  That being said, repairing your credit is not a lost cause.  Even raising your score by a few points can start you on the right track towards credit restoration.

How long does it take to repair your credit score?

Your score will probably not improve in less than 30 days.  On the other hand, after 35 days, don’t be surprised to see improvement.  The quickest changes to your credit score involve correcting legitimate errors on your credit report.  Since about 79% of credit reports contain errors, the chances of correcting such errors are more than slim.

How long does it take to fix your credit?

Your most recent credit history affects your credit the most.  No matter what you’ve done in the past, you can take small or big steps towards improving your recent credit history. For example, i