Generous Credit Line

I fall under excellent credit score of 750+. I am looking for a card that gets me maximum credit limit to avail the balance transfer at 0% APR for atleast 1 year with no transaction fee. There are some cards available that meet these criteria. Does anyone have any experience as to the cards that offers good credit line. I do not mind paying a nominal one time transaction fee upto $100, if the card offers me fabulous credit line.
I need a larger loan at lower interest, so i am thinking of getting cc with 0% balance transfer. Is there any better ways to get personal loan than this cc option?

Sounds like you are planning on cutting your great credit score down. Look at what you are trying to do and reassess whether it is a smart thing to do. You shouldn't do anything that requires you to go over a year before paying off the credit card balance. If you need a large loan then apply for one, you will get approved with your FICO score. Don't play games with the CC companies no matter what your score is, the score can quickly come down.

If you own a home, go with a HELOC, home equity line of credit. They have low interest rates, not like a zero per cent on a balance transfer, but at least they're tax deductible.

2006-12-09 14:00:25 by Steve

www.instant-creditcard-offers. com Merchandise Credit for Online Stores. Get a Shopping Line of Credit with Buy Now & Pay Later at Low Monthly ...

Too many merchants that i have visited refuse to accept American Express for payment but would gladly accept Visa or Mastercard. I prefer to use American Express the most because it has 0% APR for 15 months and has offered a generous credit line of $14,000. The Visa and Mastercard that i possess have APRs like 17% and credit lines of around $2000. So obviously i would want to use AMEX wherever i can pay by credit card, but unfortunately too many merchants refuse. How come?

AMEX does cost more to process than other credit cards. In addition to that they also automatically withdrawal funds from the merchants account anytime a customer issues a charge back or disputes a charge, which happens often when a customer can not identify the charge on their card or forgets they made a purchase. Other credit card companies simply hold these funds as unavailable. They also have a lot of hoops that the merchant must go through to collect the money a second time which creates twice the work for the accounting and processing departments. For these reason we no longer accept them.
But as a customer they do offer great protection and convenience.

2007-10-24 00:52:06 by mathematician2009

I do not think theres anything there to get within 5 lengths of him at the line and 50% return looks more than generous. William Hill is offering 4/1 for him to win the Coral Eclipse King George and Arc de Triomphe. Is this value?

Every horse is beatable, and if you are using credit to place bets you are walking a very dodgy road. Only bet what you can afford to lose.

I'd love to see Authorised win, but the fact is that running at Epsom takes a lot out of a horse and he may not be at his peak.

2007-07-04 05:05:26 by ricky1624

Since I started using my debit card more and more at restaurants, I started to notice more the tips line on the receipt. I usually just cross it out and give them cash for a tip. However, I've started to fill it out instead because of convenience and I usually don't have any small bills on hand.

My question is, which type of tip would a server prefer? Since it has to grow through the credit card machine and the establishment first, I am thinking credit card tips tend to be frowned upon, but that tip line on the receipt is always in your face and it seems more and more awkward to just put cash on the table, like it's something my grandparents would do but not this generation. Also, everytime I leave a tip with the signed receipt on the table and leave, I am always worried that someone from the table next to it will jack the money when no one is looking.

I am also worried about credit card tips in that there was this popular Mexican restaurant near me where the restaurant owners stole a lot of the credit card tips or underpaid the servers their tip dues and there was some sort of lawsuit over it. Since I'm not directly putting money into the server's hands, it kind of bothers me. But it also feels socially awkward to dig for change to give to the server, especially if they are around and waiting on you. Tipping by credit card is far more discreet, there's less tension, at least on my part, and if I give them something either too inadequate (or too lavish) I won't have to see their reaction since a small stack of ones is easier to read then a receipt tucked away and closed in that receipt holder thing.

I'm just curious right now, since I just ordered pizza online and the website mentioned that I should tip the driver if I feel generous after signing my receipt, but it never mentions HOW I should tip them.

First off, I'm glad to see someone thinking about this!! Most of the public goes to eat and they don't care or don't know and don't care to know.

Anyway, at most mainstream restaurants, the server enters the tip when they close the check (on credit/debit) in the computer. The computer then calculates that tip at the end of the night and the report tells the manager how much cash said server owes the restaurant. If a guest pays in cash they do not enter how much was tipped.

For example, if the server has 1 table that pays credit and they tip $5 they enter that into the computer. The next table pays cash and the bill is $15. The server will close that bill to cash. At the end of the night they will get a report and it will say Cash Due $10. $15 for table 2 minus $5 for table one's tip and they walk home with the money. Now here's the reason to tip in cash (if you want to help the server)

All credit tips are automatically claimed for the server by the computer. If I am a server and I get all cash tips, I may or may not choose to claim all of my tips for taxes. However, if I am tipped in credit I am forced to claim all of my tips. Get it? Most servers don't claim all of their tips to the IRS so if you get cash you can claim what you want. Until the manager gets a print out of what their servers are claiming based on their sales and then the server gets in trouble. I know servers/bartenders that have claimed they made $24,000 in one year when in truth they've made $45,000.

So unless its a sketchy mom and pop restaurant, tip in cash and let the server worry about the IRS. But, I've never heard of a 22 year old server being audited by the IRS and they appreciate a cash tip.

I'm planning on writing a book about what the public doesn't know about the food service industry....hahahaha

2009-08-28 17:38:05 by batz39

Rockwell's Thirty-Day Plan

By Llewellyn H. Rockwell, Jr.

When Eastern Europe broke free in 1989, we all realized just how little thought had been given to the transition from socialism to capitalism. Mises had told us the collapse was coming, and we should have been prepared.
As America comes to resemble a command economy, we need a transition plan here too. Yuri Maltsev proposed a "One-Day Plan" for the U. S. S. R. We're not in that bad a shape (yet), so we could do it in 30 days.
DAY ONE: The federal income tax is abolished and April 15th is declared a national holiday. The 40% reduction in federal revenues is matched by a 40% cut in spending. The budget is still almost twice as big as Jimmy Carter's.
DAY TWO: All other federal taxes are abolished, including the corporate income tax, the capital gains tax, the gasoline tax, "sin" taxes, excise taxes, etc. Businesses boom, and the few legitimate federal functions are funded with an inexpensive head tax. People who choose not to vote need not pay it. (Note: this was a mainstream view in the 19th century.)
DAY THREE: The federal government sells all its land, freeing up tens of millions of acres for development, mining, farming, forestry, oil drilling, private parks, etc. The government uses the revenue to pay off the national debt and other liabilities.
DAY FOUR: The minimum wage is reduced to zero, creating jobs for ex-federal bureaucrats at their market wage. All pro-union laws and regulations are scrapped. The jobless rate falls dramatically.
DAY FIVE: The Bureau of Labor Statistics, like the rest of the Labor Department, is sent to that big hiring hall in the sky. Without detailed economic statistics, future economic planners will be blind and deaf.
DAY SIX: The Department of Commerce is abolished. Big business has to make its own way in the world, without subsidies and privileges at the expense of its competitors and customers.
DAY SEVEN: The plug is pulled on the Department of Energy. Oil and gas prices plummet.
DAY EIGHT: All regulatory agencies, from the Interstate Commerce Commission to the Federal Trade Commission, are deep-sixed. Competition is legalized.
DAY NINE: HUD is squashed like a bug. There's a buiding boom in cheap, private, apartments.
DAY TEN: The interstate highways reopen as private businesses. Road entrepreneurs price travel according to consumer demand. Using modern technology, drivers get bills once a month. Credit risks-and drunks and dangerous drivers- aren't allowed on the road. Non-drivers no longer subsidize car owners.
DAY ELEVEN: Government welfare is wiped out. Bums work or starve. The deserving poor find a cornucopia of private services designed to make them independent. Private charity explodes, as the American people, already the most generous in the world, find their incomes almost doubled, thanks to the tax cuts.
DAY TWELVE: The Federal Reserve closes its open-market operations and stops protecting the banking industry from competition. But banks can now engage in all the non-bank financial activities previously forbidden to them. The business cycle, which is caused by monetary expansion through the credit markets, is liquidated.
DAY THIRTEEN: Federal deposit insurance is scrapped. All insured deposits are redeemed from federal assets, which include the personal assets of high-level government employees. The threat of bank runs forces banks to keep 100% reserves for their demand deposits, and prudent reserves on all other accounts. There are no more inherently bankrupt banks propped up by the government, at taxpayer expense, and no more bail outs.
DAY FOURTEEN: The shaky fiat dollar is defined in terms of gold, with the ratio determined by dividing the government's gold stock by all existing dollars on that day.
DAY FIFTEEN: The federal government sells National and Dulles airports to the highest bidder, and stops all subsidies to other socialist airports around the country. All constraints on airline prices and service cease. It costs more to fly during peak hours than off-peak, but overall, air travel drops in price.
DAY SIXTEEN: All government regulations that create and sustain cartels are abolished, including those for the post office, telephones, television, radio, and cable TV Prices plummet, and a host of new and unforeseen services becomes available.
DAY SEVENTEEN: Centrally planned agriculture, as imposed by Hoover and Roosevelt, is repealed: there are no more subsidies, payments-in-kind, marketing orders, low-interest loans, etc. Farm prices drop. Entrepreneurial farmers get rich. Welfare farmers go into another line of work. The poor eat like kings.
DAY EIGHTEEN: The Justice Department shutters its anti-trust division. Companies, big and small, are free to merge – up, down, or sideways. Stockholders can buy any other company, or sell their stock to anyone else. Marginal producers can no longer battle their competitors with bureaucratic weapons.
DAY NINETEEN: The Department of Education flunks the constitutionality test, and is kicked out. Private charities set up remedial reading and writing programs for the former bureaucrats. Federally subsidized sex education and other anti-family programs go out of business. Local school districts become responsive to parents or close, pressured by a fast-growing private school sector (which many more parents can now afford).
DAY TWENTY: All federal monuments are sold, in some cases to non-profit groups based on the Mt. Vernon Ladies Association, which owns and runs George Washington's home. The VFW buys the Vietnam memorial. There is much bidding for the Jefferson and Washington monuments. Nobody wants FDR's, so it's torn down and the land sold to a farmer. (With the federal government cut back to its constitutional size, much of Washington reverts to productive uses like agriculture, as in late 18th century.)
DAY TWENTY-ONE: The computerized financial and political dossier maintained by the government on every American is erased. The public wanders through the federal offices to make sure, in a reprise of the East Berliners' visits to Stasi headquarters.
DAY TWENTY-TWO: Equal rights are granted to all Americans, even members of non-victim groups. There is no affirmative action, no quotas, no set-asides, no public accommodations laws. Private property and freedom of association are fully restored.
DAY TWENTY-THREE: The EPA is cleaned out, with all "clean air" and similar big-government laws repealed. Ten thousand lawyers leap from their balconies. Private property is established in air and water. Americans harmed by pollution are free to sue the polluters, who are no longer protected by the federal government.
DAY TWENTY-FOUR: Americans are given complete freedom of contract, restoring rationality to malpractice and product liability law.
DAY TWENTY-FIVE: Government scrambles for more assets to sell (i.e., the National Zoo, also known as Washington, D.C.) to pay off the liabilities of the privatized Social Security system.
DAY TWENTY-SIX: Porno artists have to earn their own livings, as the National Endowment for the Arts tries to raise its budget through sidewalk painting sales.
DAY TWENTY-SEVEN: Foreign aid is outlawed as unconstitutional, unjust, and un-economic. Foreign politicians have to steal their own money. The World Bank, IMF, and United Nations close their super- luxurious doors.
DAY TWENTY-EIGHT: The American people are given the unrestricted right to keep and bear arms.
DAY TWENTY-NINE: The Defense Department is reoriented towards defense. American troops come home from all around the world. We adopt a policy of armed neutrality, remembering the Founding Fathers' teaching that we could not have an empire abroad and a constitutional republic at home.
DAY THIRTY: All tariffs, quotas, and trade agreements are put through the shredder. Americans can trade with anyone in the world, without barriers or subsidies. Japanese car prices drop an immediate 25%.
In just 30 exhilarating days, we have established the outlines of free market. Radical? Maybe so. Me, I can't wait until Month Two.
__________
Llewellyn H. Rockwell, Jr., is president of the Mises Institute and editor of LewRockwell.com. rockwell@mises.org. This article appeared in The Free Market, March 1991.
Please Read This :

http://www.mises.org/story/2685

Scarey that someone would actually believe in this.

2007-08-21 10:45:06 by MISES.ORG