With the increased reliance on credit cards, comes in the requirement to use them responsibly. A plethora of troubles had cropped up for the people of USA very recently.

Most of us today carry more than one credit card, which tends to augment the probability of consumerist consumption. If one is wise about their credit card utilization then Consumer and business credit cards are a boon. Irresponsible handling of credit card will find you troubled with huge credit card debt and looking for a way out!

Credit card relief or Debt Relief Plans could be a feasible solution for you. But there are a few factors to be taken into consideration including your financial state and some others. If you are really serious about getting yourself out of the debt spiral, you will have to start making some reductions in your spending and begin to save money. It is simply not possible for you to continue spending wildly and at the same time improve your situation. Don’t get into the mindset of, “I’m already in debt, so a bit more won’t matter!”. It is understandable if you simply can’t make more than the minimum payments, but if you are not making payments even when you have extra cash, you are behaving irresponsibly.

If the company realizes that the customer in question is unable to pay the full amount, they may also agree upon a smaller amount. The last thing they want is for their customer to have to go bankrupt, because that means the person is no longer responsible for the debt thus the credit card company gets none of your money whatsoever.

When people seek solution to credit debt, they usually turn to financial institutions to help them with loans or debt consolidation companies. A debt consolidation company works with the creditors of the person who owes the money in order to negotiate lower interest rates and a payment plan that’s right for the person. These professionals make it so that you only have to pay one single bill per month, the loan that you take out with them, either a secured loan or an unsecured loan. The person has the option to go with either one; however there is a difference between the two. A secured loan comes with a lower interest rate but you must put your property such as your house up as collateral. With an unsecured loan you have a higher interest rate but don’t need to put any property up as collateral.

Now that you know some solutions to credit card debt, you should know that there are other ways of eliminating debt that you need to consider before you do anything else.

These are a few steps towards rectifying the situation and Credit Repair, but in dire necessity the best way is to seek professional help.

A new business setup can get extremely chaotic and overwhelming for you. It is a little while before you can establish yourself in the business world when, it will become easier to understand how to do things the right way the first time around.
Credit cards specifically meant to help small businesses succeed are one way to ease the chaos. The advantages of a business credit card are numerous.
Business Line of Credit
The business credit cards have a higher line of credit than consumer credit cards . This helps free up some of the company’s financial resources so long as they pay the balance due each month. Using a credit card responsibly could ease your concerns until you begin to regularly make a good profit. Unexpected expenses can be absorbed without major repercussions.
Tracking Expense
Keeping track of all the company expense becomes much easier if you utilize one single credit card for all your company expenses. Some business credit card  companies also provide the facility of categorizing your business expenses making it convenient for purposes such as calculating the company tax and reviewing your initial business plan.
Establishing a Solid Credit Foundation

A good credit history abets the process and plans for future expansion that you may have. The privilege of a larger loans being approved may be the very thing you need.

The new American Express Simply Cash business credit card is a great business card to have before the holidays. You earn 5% cash back on Gas, office supplies and wireless services. Whats more, you even get 1% cash back on virtually every other purchase. Like all great business cards, this business card from AmEx has a 0% intro APR for the first 12 months.

Their express approval, lets you get a decision in less than 60 seconds with an easy, 1-page online application.

Click here to check out the American Express SimplyCash Business Card…

An article that I read recently said that “Over 2 million UK consumers have damaged their credit rating by applying for multiple credit cards after being at first refused, a new report from moneysupermarket shows.”

The real problem in continually re-applying for any type of credit lies in a consumers credit score. Every application for a credit card is recorded in a persons credit score in addition to any refusals for credit. Credit card companies and banks check the applicants credit score or rating to see if they have had any refusals in the past. This information is then analysed and the credit card company decides whether to offer a credit card and at which APR. The typical APR of a credit card that is advertised is not always offered to an applicant. In many circumstances the APR could be much more depending on the persons credit score.

I guess the solution to this is “smart applying”. By smart applying I mean, research the credit card that you want to apply for (never hurts to read the terms and conditions, does it?). Make sure you qualify for the credit card before submitting that application. People with less than perfect credit should pause and think twice before applying for a credit card that states that it requires excellent credit.

There are tons of credit cards out there. Each card offers great deals, rewards, cash backs, balance transfer rates, discounts, etc.

How do you select the best credit card out there?

Well, the best credit cards for you are the cards that offer what you’re looking for and what you most require. e.g. - If you’re a frequent flyer, an airline mileage credit card that offers you the most bonus points for airline miles and lets you fly whenever you want (No blackout dates) would work best.

For a small business, a business credit card, that offers add on cards for employees and the ability to set individual credit limits would work best.   

With the price of gas rising every day, it is more important than ever before to use a good gas credit card (a credit card that offers cash back on fuel). One of the more popular Gas credit card is the BP Visa Rewards Card from Chase.

This card offers up to 10% rebates on all BP location purchases, 4% rebates on all eligible travel and dining purchases & 2% rebates on all other eligible purchases. Get more information and apply for the BP Visa Rewards Card from Chase.

Chase recently launched 2 Amazon.com credit cards.

1 - The Amazon.com Platinum Visa Card for Individuals
2 - The Amazon.com Business Credit Card

Both Amazon credit cards offer -

- 1,500 Bonus Points after your first purchase with your Amazon.com Visa Card
- 3 reward points for every dollar spent at Amazon.com & 1 reward point for every dollar spent elsewhere
- $25 Amazon.com Reward Certificate for every 2,500 reward points
- 0% intro APR for 6 months on purchases and balance transfers, variable rate thereafter
- No Annual Fee
- Zero Liability on Unauthorized Purchases

Whats more, the Amazon.com Business Visa Card lets you earn points for All authorized card users under your account.

Get your Amazon.com card today. To Apply, Click below -

Amazon.com Visa Platinum Credit Card for Consumers
Amazon.com Credit Card for Businesses

What is business line of credit?
AmEx says that Line of credit of up to $100,000 is something to consider if you need a greater amount of financing than a Card can provide. Unlike most banks, AmEx doesn’t ask you to put up collateral or have an account with a required minimum balance.

American Express recommends selecting a line of credit to cover ongoing cash flow needs like payroll, buying inventory, managing seasonal and/or business fluctuations, paying vendors, and more.

Like a credit card, the Line of Credit allows you to Pay the full amount due each month, the minimum due, or any amount in between.

To be eligible for a line of credit from American Express, you must be in business for a minumum of 2 years. It is also recommended that you be an AmEx Card Holder.

To Apply for an AmEx Card or a Business Line Of Credit… Click Here

Citi has launched a new range of credit cards with American Express. According to Citi, these AmEx cards will offer consumers Citibank premium benefits and customer service through cards that are accepted wherever American Express is welcome. Plus, many of the new Citi American Express Cards reward cardmembers for doing what they already do, like making purchases at grocery and drug stores, or putting gas in the car.
The initial offerings include -

• Citi Platinum American Express Card
• Citi Dividend American Express Card
• Citi / AAdvantage American Express Card
• Citi Diamond Preferred Rewards American Express Card