Author: elegant

In the U.S. Visa and Master Card are household names.  But have you heard of China UnionPay? Due to its affiliations with Visa, Master Card and American Express, it is accepted in more than 135 countries and regions, China UnionPay is a world leader in credit card payment acceptance and processing.  The Shanghai based China…

Three major credit bureaus, Equifax, Experian and TransUnion, keep a close watch on your financial dealings.  They not only keep your credit history, they calculate a score for you.  Better known as the FICO (Fair Isaac Corporation) score, it is the widely used measure by all major financial institutions before considering you for a mortgage…

Credit and debit card purchases accounts for 30 percent each of retail transactions in the U.S.  Visa and Master Card dominates the retail sector credit and debit purchases while American Express, Discover Financial Services and VeriFone fills the remainder.  Both Visa and Master Card are much popular in overseas and international transactions generate more than…

Many of us are very familiar with the three digit FICO (Fair Isaac Corporation) score.  It is important in determining new credit as well as the interest rate charged to you.  The higher the score, the lower the rate a lender will charge you for your car loan, insurance premium, revolving credit such as credit…

It is that time of the year that you use your credit cards to buy holiday gifts and next month you receive your bill from each credit card company.  With limited budget, it is obvious that we don’t have enough money to pay off all credit card balances and we have to pick which to…