Payday Loans Blog

In addition to the article written yesterday, about how credit card companies are now required to tell you how long it will take to pay off your credit card balance making only the minimum payment each month, they are also now required to include in the monthly statement a breakdown of how much you need to pay each month in order to have your total balance cleared within three years. Keep in mind that this is for each card and company individually, and so, in order to figure out the actual amount you will have to pay each month to pay off everything on all of your cards, you will have to do the math.

Even if you have identical balances, down to the cent, it is important for you to remember that because different cards and card companies charge different interest rates and fees, these monthly payments may add up to be different.  It is also good to consider that paying minimum or light payments may not always be the best idea and that if you can pay off your entire balance each month it will save you the hassle of dealing with interest rates and other late payment, and overdraft charges that inevitably always sneak up on you.

So far, credit card companies are required to include on your monthly statement:  

1. A breakdown of how long it will take to pay off the balance of your credit card, making only the minimum payments each month and,
2. A breakdown of how much you need to pay each month in order to pay off the total balance in three years

Check City offers you a way to get all the convenience of a credit card without all the monthly statements, interest payments, and hassle and fees that come along with them. Check City, partnering with netspend, Visa and Mastercard, offers you the netspend Prepaid Debit Card, perfect for all your purchasing needs. You preload the money onto your card and when your money is gone you have to reload the card before you can use it again. With ultra low fees and a card that can be used anywhere Visa and Mastercard are accepted worldwide, there is no better option than a netspend Prepaid Debit Card from Check City.

Get a prepaid debit card from Check City. A Netspend prepaid debit card allows you all the advantages and benefits of a credit card, but it doesn’t requiring you to undergo a credit check or open a bank account.

One the best advantages of this card is that it will help you to spend and budget your money. You put the money on the card making it hard to overspend. Money is easy to lead onto the prepaid debit card and it is accepted anywhere Visa or Mastercard is accepted.

Let a prepaid debit card from Check City help you manage your money intelligently!

Having a cash-in prepaid Visa Card means you get the benefits of a credit card without going into debt. Here at Check City we have teamed up with Visa to offer you this service. With this card you can buy what you need to, when you need to, and still be financially in the clear.

This card will be accepted anywhere Visa is. That means you are not limited to a specific location—you can literally make purchases worldwide! Plus, putting money back on the card is simple. You can transfer funds online from your bank account or walk into any Check City location and put cash on the card.

By having this card you can pay off your bills online or over the phone; whichever is more convenient for you. You no longer have to write a check and wait for the mailman; you can expedite the entire process. We also offer an alert system you can opt into which can notify you via email or cell phone of your account balance.

We want to help you manage your money the most efficient and effective way possible. This is why we offer cash-in prepaid Visa Cards as another service to help you in your financial endeavors.