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Looking for an amazing cash back credit card?

Look no further…the Chase Sapphire Preferred currently offers a whopping 50,000 bonus points when you spend just $3,000 during the first three months from account opening.

For many of us who use our credit cards frequently, this is a pretty simple path to $500 in cash back, as 50,000 points are redeemable for $500 in cash.

If cash isn’t your thing (hmm…), you can also use the 50,000 bonus points to redeem $625 toward airfare.

And with no foreign transaction fee, you could save some serious cash using your credit card abroad.

There is a $95 annual fee, but it’s waived for the first year, making this one of the best cash back credit card offers out there at the moment.

This credit card also earns a 7% annual points dividend, and 2x points on airfare and hotel accommodations booked through Ultimate Rewards.

You also get 2 points per dollar spent on dining and 1 point on all other purchases, so the cash back can add up quick.

Both the balance transfer and purchase credit card APR are a variable 15.24%, so it’s not the best credit card to carry a balance.

It’s geared for those who pay off their balances each month and want to get the most out of their credit card rewards.

If it interests you, apply here.

Assuming the annual fee is deal-breaker, you can opt for the Chase Sapphire card, which comes with 25,000 bonus points worth $250 in cash back, and no annual fee!

Tags: Chase Sapphire, Chase Sapphire Preferred, Preferred, Sapphire Preferred

The survey covered January to December 2010, and included 52,851 of their clients from the 50 states, Northern Mariana Islands, Virgin Islands and Guam. The information surveyed included gender, age, education, ie, employment, marital status and causes of financial distress.

Key Findings

The largest increases from responders in the last five years were those in older age groups, college graduates, higher ie levels, unemployed, married, and cause of financial distress. Part 1 of this blog covers education, ie and cause of financial distress.

Education – The distribution of the 2010 responders by education level was as follows:  graduate 6.73% (3,508), bachelor’s 13.58% (7,086), associate’s 8.82% (4,601), some college 28.73% (14,988), high school/GED 36.27% (18,919), primary school  5.38% (2,806), and no education 0.49% (253).

The graduate education level had the highest increase of 37.3 percent over 2006; the proportions were 4.9 percent in 2006 and 6.73 percent in 2010. At the

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Last month, a total of 108,517 personal bankruptcies were filed nationwide.  September’s personal bankruptcy filings were 4 percent lower than a month before and 17 percent lower than a year before.

Furthermore, the number of personal bankruptcies filed in the U.S. from the beginning of the year through September was 10 percent lower than the number of personal bankruptcies filed in the same time period last year.

70 percent of personal bankruptcies filed in September were Chapter 7 filings and 30 percent were Chapter 13 bankruptcies.

Data comes from the American Bankruptcy Institute and National Bankruptcy Research Center.  Samuel Gerdano, executive director of the ABI, says, “Total consumer filings for 2011 will be less than 2010.”

Contact the Birmingham personal bankruptcy attorneys of Greenway Law, LLC at 205-324-4000, if you or someone you know has questions about filing for personal bankruptcy in Birmingham.

Tags: Nationwide, Personal Bankruptcies

Historically, America’s greatness as a country could be measured by the social mobility of its citizens. If you worked hard enough at a well-defined goal, you could get where you’re going, no matter who you were or from where you started. Case in point, the election of Barack Obama—but is it really true that anyone can make a billion, and/or become President these days?

Increasingly, the United States is a place of less social mobility. If as a society we persist in continuing to favor the wealthiest Americans at the expense of the middle class, America as we know and love it will be no more.

Like a river that’s been dammed up, legislative obstruction thwarts natural mobility. The Obama administration has tried to ease the burdens that a toxic economy has created for middle-class consumers, and Congress has blocked him at every juncture. There w

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The credit card issuers send their accounts receivable data to the credit reporting agencies on a monthly basis.  This information contains your credit limit, amount you owe (balance), minimum payment, date of last payment and payment date.  If you used your credit card that month, there will be a balance due on your statement.  When you pay your bill, your account is credited for that amount.  The issue is that you will always show a balance on your credit report, if you use your credit card and pay your statement when you receive it.

To avoid showing a balance, you need to pay your bill before the closing date of the current month. Don’t charge on your card between the date you pay and the end of the cycle or you will still show a balance.  For example, the closing date on your account is September 30.  Let’s say today is September 26 and you have charged $600 since you last statement. You can p

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Tags: Balance, Credit Card, Credit Report