Credit Report 101 – A Simple Guide to Building your Score

Your credit history plays an important role in your life. In most cases, it determines if you can land on a good job or get reasonable insurance rates. For those who are still starting out, knowing the right way to build a credit history is very important. There are things that you need to do.

  1. Examine your credit report – In creating the credit score of a person, credit reports are used. Lenders typically use this to determine the creditworthiness of a loan applicant, although for people with bad credit that need a little more help with this, there are sites that offer loans even with low credit scores which work perfect for these cases. You can obtain a free annual check at your reports. If in case there are errors in your credit report, you should clean it up before applying for any new accounts.
  2. Set up savings and checking accounts. Lenders consider bank accounts as indication of a person’s stability.
  3. Learn the basics of credit scoring. There are different factors which determine your score. They include:
  • Payment history
  • Amount borrowed
  • Length of credit score
  • Type of credit used
  • New credit

There are some tips to help you become a good credit.

  • Have an automatic reminder or payments system to avoid making late payments
  • Keep credit less than 30 percent of your credit limits.
  • Pay bills monthly in full
  1. ‘Borrow’ another’s record. This means being added to a credit card as a joint account holder or by finding someone to co-sign a loan for you. But first you have to check the record of that person before borrowing.
  2. Apply for a credit card that is secured. Apply for one that has lower annual fees and no application charges. After a year and a half of timely payments, convert into an unsecured credit card. You shoul

The Future of Credit Cards

Credit cards have come a long way from being just a charge card made from cardboard. With banks and credit card issuers are constantly finding ways to improve and strengthen their digital offerings, it is quite possible that in seven years time you will not be able to recognize your own credit card. But this does not mean that credit cards are going away anytime soon, so for people looking to get the best credit card options. Look At This to find the best options on  credit companies online.

Thanks to technology and innovation, credit cards are now being made ready for easier use and firmer security. Do you think that contactless credit card payments sound oxymoronic? Yes, perhaps. But it is now possible!  So the question is: just how willing are you to embrace and spread this new generation of “smart cards”?

The “The Future of Credit Cards” infographic showcases the latest in payment technologies as well as a rundown of its foreseeable future in the credit card industry.

What are contactless credit cards?

  • RFID (radio frequency identification) –an embedded microchip that contains information about the card and its owner and enables it to be read by a remote machine located a number of feet away; no swiping of card and internal power source necessary.
    • A RFID-enabled credit card has a storage capacity that is a hundred times greater than a magnetic stripe credit card
    • 35 million RFID-enabled cards are in circulation in the US
    • It is estimated that the market for chipless RFID tags will be at $2 Billion by 2017 and $4 Billion by 2020 for contactless cards, tickets and systems.
    • Con: can possibly be scanned by unauthorized devices; Solution: a mesh shield that blocks radio signals—a Faraday cage.
  • Passive NFC (near field communication) – chips in credit cards that transmit information when placed within a few inches of an external reader. Their short-range enables tighter security; no swiping of card necessary.
    • Between 2011 and 2015 the market for NFC chips has increased 135%.
    • EZ-Link Imagine American Express prepaid card – first NFC prepaid card

Credit Card Payments via Cell Phone:

  • NFC Mobile Payments – active NFC chips, which enable the possibility of two-way communication and safer modes of payment, embedded in smart phones; require internal power source.
    • In 2011, 35 million NFC-equipped phones sold and 2.5 million NFC-ready point-of-sale terminals shipped.
    • By 2014, 20% of smart phones will be equipped with NFC — 300 million NFC-capable smart phones.
    • Biggest market for NFC-enabled smart phones: North America.

Cell phone as Mobile Wallet:

  • Mobile Payments – mobile payment platform for sending money to merchants, adding charge to the user’s phone bill and could act as a mobile store credit card.
    • 50% of people worldwide use financial services with 87% using mobile phones
    • By 2015, an estimated $670 billion worth of mobile transactions
  • Dynamic Stripe Technology – reprogrammable cards that can mimic several types of cards.

    Echo – developed by Protean and to be released this 2013, can mimic and hold three magnetic strip cards, such as credit, debit, loyalty, and ID cards, at one time; cannot replace RFID or NFC cards.

Best Credit Cards for Starting a New Business

Credit card is a must-have for any business owners. Utilizing business credit card for purchases for your company is preferred than using your own personal line, which is tailored for individual use and may not seem enough to cover for your business’ expenses that could be too great for a person to afford, so they decide to use investment companies from sites as, to help them starting their companies. It will also allow you to separate your personal finances listing from that of your company. Record keeping will be easier and financial reports will be easily generated.

According to Debt Collection Sunshine Coast business credit cards are custom-made for entrepreneurs that need higher credit limits and rewards. But, not all of these are made equal. Here are some of the best business credit cards that new business owners can choose from.

1. Chase Ink Cash Business Card

After spending $3,000 on your first 3 months after opening, you will be given $200 bonus cash. You will also be given 5% cash rebate for $25,000 spent annually on office supplies, mobile phones and cable and TV services.

2. Chase Ink Plus Business Card

This card has relatively generous rewards points. After spending your first $5,000, you will be given 50,000 bonus points. That would be equivalent to $625 worth of travel rewards you can redeem.

Your first $50,000 spent annually on office, mobile phones, TV and cable services and supplies will give you bonus point equivalent to $1=5X.

The card also allows you to pay in full or carry over balances under specific conditions. It also has no annual fee.

3. Capital One Spark Cash for Business

Capital One Spark Cash for Business provides 2% cash rebate on every purchase. If you spend $1,000 within the first three months following opening of the account, you will be given $100 cash bonus. An additional $50 will be extended to you if you sign up for one or more employee cards.

4. Citi Diamond Preferred

The Citi Diamond Preferred Card from Citibank offers 0% introductory APR and balance transfer of up to 18 months. Thereafter, APR will be set at 11.99-21.99%. This will be contingent of your credit score and standing.

It has a retail protection against theft or damage op up to $1,000 within 90 days after purchase. You can also choose your payment due date. This will allow you to schedule your business’ financial activities.

Credit cards provide easy money for young entrepreneurs and budding businesses.  However, there are also some dangers that go with it.

Why Every Retailer Needs A Facebook Page?


E-commerce has been anchoring small-scale retailers’ businesses nowadays as people tend to shop online more. Link this trend to social media presence, and you get a combination of a potential driver of growth. The most prominent social media sites happen to be Facebook, Instagram, Youtube, etc. But they are also big markets and we’ve seen that buying youtube subscribers helps a lot with marketing and many people do it.

Having a Facebook page is a good idea. Here are the reasons why:

1. 1 Billion global users and counting

Over 1 billion active users worldwide – even a small percentage of this chunk is already a good target audience for you to expose your brand.

2. Conversation station

Your Facebook page should serve as the center of communications between you and your customer. Make it a hub where your customers can openly drop an honest feedback when they like it. Use the platform to politely answer all questions, concerns and address issues aptly.

What to avoid?

    • Avoid being defensive
    • If you are at fault, admit it and lay down action plans
  • Engaging your customer in a fight
  • Negate your customers claim
  • Spam your “likers” or “friends” with multiple posts a day

If you are able to manage your Facebook page well, you can actually build a community on your Facebook page.

3. Extension of the website

Use Facebook as an extension of your actual website. Make sure that contents such as pricing, pictures and stocks are consistent in both platforms. In every post, include the actual link to your website where they can directly purchase the product and pay through credit card or mobile payment methods.

If your website is integrated with Facebook, updates on promotions and discounts will automatically be reflected in your Facebook page. I came across this best SEO Company in Brisbane to boost the ranking of some websites. These will appear on the news feed of your “likers” and “friends”.

4. Know more about target audience

By dialogues and interactions with your customers through Facebook, you already get a grasp on what products and services are gaining traction by “likes” and “shares”. The same way you can determine the highs and lows of the day in terms of engagement, it helps to keep a solid returning customer sdatabase; Learn more about how does it work reading this customer centric definition

5. Good for SEO

Social and search are already integrated nowadays -hire local SEO Gold Coast – This is why the more visible you are in Facebook, the better your search rankings will be. Remember, most interactions in your Facebook page are organic, and so, it helps if you were to find a pbn creation company to boost the SEO of your websites. Find the best GlassBox Marketing & Consultancy -Singapore SEO & Singapore Digital Marketing Agency.

If you already have a Facebook page, the next assignment for you is to manage it well. Stunning visual contents should always be fresh. If you can afford to, delegate social media management to one person to oversee all the happenings.

If you do not have a Facebook page yet, do your business a favor now. Set-up one immediately.

Barack Obama Net Worth

Barack Obama Net Worth

Who is Barack Obama?
Barack Hussein Obama II was the 44th President of the United States of America and he is the first Afro-American president to hold the post. Barack Obama was born on 4th August 1961. Obama is a Democrat. On 4th November 2008, Obama won the “2008 United States presidential election” and inaugurated on 20th January 2009. He was an influential president as he tried to end up the American participation in the Iraq War and prepared the country to protect itself. Obama has signed “Obamacare” (Patient Protection and Affordable Care Act) to make some positive changes in the healthcare laws. He enacted numerous acts to generate public jobs to help the nation’s economy. Obama was the first president who openly supported the gay marriage concept. He also created a proposal for the gun control law as a consequence of the “Sandy Hook School shooting”. During his time, he tried to improve the political relationship with Cuba.

Barack Obama Net Worth:
Estimating the accurate net worth of Barack Obama or any of the former US presidents is quite difficult. It is said that Obama’s salary for his job as a president was $400,000 per year. It is reported by the authentic sources of celebrity net worth that Barack Obama won a total net worth of $12.2 million as of now.

Barack Obama Life History:
Barack Obama was born in Kapi’olani Center for Women and Children in Honolulu, Hawaii. He is the first president who has been born in Hawaii. His father – Barack Obama Sr. was a black exchange student from Kenya. His mother – Ann Dunham was from Kansas and was an anthropologist who died in 1985. His father died in 1982 in a motorcycle accident. Obama’s parents got divorced in 1964. He spent most of his early childhood time in Hawaii and in the USA in Chicago, Illinois but he lived in Jakarta, Indonesia for 4 years at his age of 6 with his stepfather and mother. After that, he moved back to Hawaii to live with his grandparents. Obama went to the Occidental College in Los Angeles and achieved the graduate degree from Columbia University in New York City. After that, he went to Harvard University to pursue a law degree and started to work for a law firm in Hyde Park, Chicago.

Barack Obama is known for:
Obama became the president on 10th January 2009. During this time the USA was combating a tough recession. He made a plan called the “Stimulus Bill” to end the recession by spending an extra 787 billion dollar. The said bill funded lots of road projects, donated money to schools, offered tax credits to lots of American citizens and funded many science & research projects. He also continued the financial bailout according to George W. Bush to offer billions to the banks and car companies to defend from bankruptcy, and help people with financial issues, and for this resources as a sustainable investing source that offer great solutions to make money online.

Barack Obama Political/Business Affiliation:
Regarding foreign policy, Obama slowly withdrew troops from Iraq to end the Iraq War by the end of the year 2011. Simultaneously, he added more troops to the War of Afghanistan to help the US to win. He also made a decision to help in the war against Libya. Basically, he wanted to improve the relationship with the US to the Muslim world.
On 9th October 2009, Obama received a Nobel Peace Prize. He donated the total prize money to different charitable organizations.