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6 Ideal Times to Apply for Credit Cards

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Credit Cards

6 Ideal Times to Apply for Credit Cards

 

For most of the things to work out, timing is the key. That’s true for credit cards as well. Applying for a credit card at the right time will ensure maximum rewards. Sometimes limited-time bonus may tempt a customer to apply for a credit card, but that doesn’t mean that is the correct time for them to apply for a credit card.

Prior to applying for a new card, one must think about why they need a new card? Is it to take benefit of a financial offer or the temptation of promised rewards by spending a particular amount of money within a time frame. All these bonuses are great, but the cardholder must be able to fully pay off the card at the end of the billing cycle. Apart from the added joining bonuses, one must also consider the purpose for which this particular card will be used. That can help in choosing the correct type of card out there.

Whether it is the first credit card or fifth, one must always be patient and make a thoughtful decision. The right time to apply for credit cards varies from individual to individual. To help customers decide whether this is the correct time for them to apply for a credit card, here is a list of 6 ideal scenarios where applying for a card is a sensible thing to do.

  1. When you Turn 18

When it comes to building financial credit, the best time to start is as soon as possible and 18 is the minimum age to apply for a credit card. Financial experts suggest young people to start building credit early, it also helps them in applying for a bigger loan in the future. For students out there, a College student credit card is a suitable option. Some of the banks have additional perks and incentives for students.

 

  1. Build or Rebuild Credit  Card

If an individual has less than perfect credit score, getting a secured credit can help rebuild the credit score. These cards are geared for people with less than stellar credit scores and provide much better qualifying chances than a general card would. With secured credit cards, the deposit can be paid upfront as collateral. The cardholder would need to pay monthly card bills, but having a deposit on hand in case things don’t go well reduces the lender’s risk. But these cards tend to have smaller credit limits with more fees, so its important to research your options before applying for any card hastily.

  1. When you Plan on making a Big Ticket Purchase

Whether it is the much-awaited family vacation or some minor house repairs, a credit card offering the right kind of perks can be beneficial in reducing the cost or help save up on the dreaded interest. Some banks offer various perks on interest rates in the initial 1 year of the purchase or sign-up bonuses. Making a huge purchase will enable the cardholder to become eligible for claiming the bonus. Ensure that the bonus received is non-taxable. However, these additional perks aren’t available to everyone, having a strong credit score plays a crucial role.

 

  1. To Get Out of Debt

An individual with huge high-interest credit debt can opt for a balance transfer offer. This enables the cardholder to transfer the high-interest debt to balance transfer credit card with no interest for the introductory period. This allows the cardholder to quickly pay off the debt since the full payment goes towards repaying the principal amount and not the interest. The only drawback here is that this card comes with a transfer fee of 3% – 5%. So, be wise in deciding to take up the transfer offer and make ensure that it is worthwhile.

  1. Good Welcome Bonus

Credit card companies often offer a limited-time bonus or some exclusive bonus coupled with the basic rewards in the first few months of opening the account. But the catch here is to spend a predecided amount of money to become eligible for such bonuses. This will be a great option if someone is looking to make a huge purchase in the near future. Customers should be thoughtful before making any decision rather than getting enticed with the offered bonuses. The credit card should be a good fit for the holder if they can easily afford the spending requirements.

 

  1. You’ve Been Preapproved credit card

Many financial institutions offer a pre-qualification form that lets an individual gauge their chances of qualifying. Applying for multiple credit cards can be detrimental for credit score but applying for the pre-qualification form does not impact the credit score. It helps in narrowing the pool of credit card providers and chose the best one. While applying for a regular credit card, the bank has the authority to look at credit history which impacts the credit score. Although, pre-qualifying doesn’t guarantee approval of credit card, post this the bank will do a thorough credit check and make a final decision.

Credit Cards

The financial decision to apply for a credit card is an important one just like buying a car or a house. You don’t buy the first car or house you come across, then why do it with your credit cards. Make a wise choice that suits you now and years to come.

 

 

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BUSINESS

Mowers for Medium-Sized Lawns!

Umar Nisar

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Mowers for Medium-Sized Lawns

It is usually a hard decision to make whether to go for a walk-behind or a ride-on mower.

You have also heard that before choosing any lawnmower, you need to consider the following things:

· Choose the right sized machine

· Get the best price

· Find which models are reliable

· Get the lawn finish you require

· Spare parts availability

· What size engine is needed

· Match machine to the size of lawn

· Access the latest deals

If you have a small or a large lawn, then the decision is obvious and straightforward. The difficulty comes when you have a medium-sized yard. Do you want to walk all that distance behind a mower, or can you justify a ride-on?

But first consider when a lawn is considered as small, medium and large. A large lawn is 2.5 acres or more, medium lawn is 1-2.5 acres and small lawn is up to 1 acre.

It is unquestionably true that some people have ride-on mowers when it simply isn’t necessary, which is just a waste of money. These are expensive machines, with only a few models below the $1,500 price tag. You should have to manage your budget.

If you decide to buy a ride-on, consider the lawn’s shape, as it is much easier if the edges are either straight or only gently curved and if there are no awkward corners. Some people even go around the edges first with a walk-behind.

There are different sizes of ride-on mowers available, and some are very maneuverable, even in tight corners. Also, the grass collecting method of the machine has a bearing on its maneuverability and suitability.

The least obtrusive system to maneuverability is the mulching deck, as there is no grass collector needed, and hence the mower is probably shorter and more compact.

“Mulching deck mowers are very easy to negotiate around a medium-sized lawn, as there is no grass collection box.”

At the opposite end of the scale are tow-behind collectors (albeit these are not very common) and the brush collectors.

The brush collectors hang on the back of the mower and increase its length, but also because there is brush causing friction and acting as a third contra-rotating wheel at the rear of the machine, it can affect the machine’s ability to turn sharply.

The other type of collector is the chute method, where the grass is ‘blown’ by the cutting blade up a chute and into the grass collection box. There is no brush contacting with the turf, and so the turning radius is not adversely affected. However, these collectors do have more of a tendency to block under damp conditions in comparison to the brush collectors. The short chute versions that usually route the grass a short distance through the machine’s center (under the driver’s seat) are generally better at coping with damp grass than the side chute models. The side chutes are long and more prone to blockage.

It certainly is possible to use a ride-on mower in a medium-sized garden if you choose a suitably sized machine and the shape of your lawn is appropriate.

One type of mower which is very maneuverable is the articulated (bend in the middle) steering machines. In fact, these often have front-mounted cutting decks, and so it is easy to get right into the corners and negotiate curves without cutting corners with the rear wheels as the rear wheels chase the path of the front ones.

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BUSINESS

How to Buy a New Home in 2021

Umar Nisar

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How to Buy a New Home in 2021

If you are one of the many people who have purchased a piece of real estate recently then you know just how hard it can be when trying to find the next home. Today, it is easier than ever before to own real estate without going through the traditional red tape. Thanks to the Internet, you can easily look up information about properties without ever leaving your office or home.

Thanks to the Internet, there are so many websites such as Athesma that will show you pictures and information about properties right from the comfort of your home. If you want to know how to buy a new home in 2021, then there are many websites on the Internet that are dedicated to showing you the different properties that are for sale. They will show you everything from the houses that are for sale to the prices. In order to get a good idea of what you want to buy, the first thing you need to do is to look up real estate by city and state.

You want to narrow your search down to something like real estate by city and state. This will help you feel a little bit more comfortable with what you are looking at. You will be able to see a smaller version of the properties that are on display to you. By narrowing it down this way you will be able to see the houses that catch your eye the most. You can even see what neighborhoods they are in.

When looking up a property by city and state, you want to make sure that you are not overlooking any properties. It can be very hard to notice some of the homes when you are looking through so many properties. You also want to make sure that you are not overlooking properties because you do not want to miss out on the perfect house that is right for you. There are many websites that will help you to compare the properties that are for sale in your town. Once you have compared all of the properties, then you will know what you have been looking at and what you want to purchase.

A great tip for you to follow when you are learning how to buy a new home inenders is to go over the listing thoroughly. Look over everything from the description that is written on the property to the number of bedrooms and bathrooms that are listed. You need to look for the things that you like in a home. If there are things that you do not like about the property then you can eliminate it from your list. When you have looked through all of the listed properties, then you will be able to choose which property you are going to buy. You can call the agent that is listed or you can look at the property online to make the decision easier.

The Internet can be your friend when you are learning how to buy a new home in 2021. There are many websites that you can look at to get more information about certain areas or the city that you are living in. Take the time to see what the people who own the property have to say about the home. You may not find anything that surprises you but you may find something that can help you decide if a home is right for you.

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BUSINESS

Learn the art of applying emotional intelligence and motivate your team members – Meet the Dynamic Business coach Zohaib Malik

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Zohaib Malik

Zohaib Malik has over 15 years’ experience working with renowned brands in Dubai . He has been managing teams comprising of people from over 20 different nationalities and managing over 500,000 customers for different businesses.

Zohaib specializes in helping employees remain motivated , diplomatic & energetic at work . He uses techniques and steps that increase engagement at work and helps employees vision a clear career path eventually resulting in growth & promotions .

Zohaib also helps people deal with difficult and complicated bosses/managers with the end goal being able to cultivate healthy relationships at work . He frequently conducts on-demand 1-1 sessions where he coaches young managers to become emotionally more intelligent using Empathy and humility to gain optimum results from their teams . 

Zohaib believes in sticking to basics by bringing the ‘human touch’ in coaching & motivation and not complicating things for his listeners . He highly recommends 1-1 sessions and helps team-leads/managers structure them in a systematic way to gain maximum profitability during negotiations & performance management of team members .

Zohaib’s enjoying a tremendous growth in his social media presence over the last 8-9 months with over 65,000 views of his YouTube Channel and almost 5,000 followers on LinkedIn .

You can subscribe to his YouTube Channel on https://www.youtube.com/channel/UCXfNxpZx5lVcLht4HUl1kXg or connect with him on LinkedIn at https://www.linkedin.com/in/zohaib-malik-17871b61/ .

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