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Top 4 credit card companies

Top 4 credit card companies

It is easy to be overwhelmed because of the number of credit card companies. You never know which one is better than the other unless you try them out, which is impossible. In such cases, how do you make a choice?

A credit card company may be a bank, credit union, or anything in between that issues cards. On the other hand, card networks like Discover, Visa, American Express, and Mastercard work with card processors to execute transactions between the issuing company and merchants.

Here are the top four credit card companies you can consider:

American Express

Popularly known as Amex, the company was founded in 1850 and is popular for credit and charge cards. It is the biggest charge card-issuing company and the third biggest credit card network in the country. The company is headquartered in New York City and is one of the most valuable global brands. Some of the popular Amex cards include Platinum Card and the American Express Gold Card.

Bank of America

Bank of America (BofA) is a multinational financial service and investment bank in the country. The institution has more than 54.6 million cardholders across 4800 retail financial centers. The popular Bank of America cards include the Premium Rewards Card and the Alaska Airlines Visa Signature Credit Card. Both these cards offer the holders excellent reward points for their spending.

Barclays

Although headquartered in the country, Barclays first launched credit cards in 2004. The card issuer is popular for travel reward cards and co-branded credit cards. Barclays offers cards through multiple partnerships with Lufthansa, American Airlines, and JetBlue. Although its presence may be small when compared to other card issuers, Barclays has more than 15 million cardholders. The most popular cards offered by this company include the Uber Visa Card (a cashback card), and the AAdvantage Aviator Red World Elite Mastercard.

Capital One

This is a bank holding company with a specialization in banking, credit cards, savings accounts, and auto loans. It commenced as a monoline bank wherein all its revenues are generated through a single product, namely credit cards. It was also amongst the pioneers of the mass credit cards used during the 1990s. Capital One holds the tenth position in the list of largest banks by the size of assets. The company is headquartered in McLean, Virginia, and even with a short history has created a niche for itself with a vast range of credit card products. Capital One has more than 89 million credit card users in the country. Some of the most popular cards issued by the bank include the Capital One Venture Rewards Card and the Capital One Savor Rewards Credit Card.

If you are looking for a new card, consider availing one from the aforementioned best credit card companies. The objective of card networks is to control the acceptance of credit cards and facilitate transactions. The network also determines swipe fees paid by merchants to accept credit card transactions. However, the networks do not have any control over interest, annual charges, late fees, over-limit penalties, and international transaction costs. Keep these points in mind when shopping around.

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Top debt settlement companies in the USA

Incurring debt is really common in this age and era as everything has become extremely expensive, from college education to owing a house. If you ever feel that your debt is too large and you may not be able to pay it in time, then you can seek the help of a debt settlement company. These companies essentially communicate with your creditor to try and lower your debt and the rest of it is typically forgiven. Given below is a list of the top 9 debt settlement companies in the USA. National Debt ReliefIf you have USD 7,500 or more in debt, then the National Debt Relief can be a great choice for you. It is one of the most prominent debt settlement companies in the country. The initial consultation is offered for free, but you will have to pay 15-25% of the settled debt amount as a fee. Freedom Debt ReliefThis a dedicated company that offers debt relief services to people who have at minimum USD 7,500 to USD 10,000 in debt. 15-25% of the settle debt amount is charged as fee once a settlement is negotiated, and in return, they offer the possibility of settling the debt within 24-48 months. CreditAssociatesCreditAssociates surely is one of the top 10 debt settlement companies because of their satisfying services. They help customers who have USD 7,500 or more in debt and charge a portion of the settled debt. You can also use their services via mobile apps. Accredited Debt ReliefGenerally, people with a minimum debt of USD 10,000 use the services of companies such as this to lower the due amount; however, Accredited Debt Relief has no minimum amount stated on their website. They take two to four years to complete the process and the fee is charged only after that. CountryWide Debt ReliefThey recommend that customers with USD 10,000 or more in debt avail their services to get their debt resolved. They promise to lower the debt by 20% or charge nothing. Their track record shows a great success rate. United Debt CounselorsIf you are looking for the top 10 debt settlement companies, United Debt Counselors should be considered. This company offers its services through professional debt counselors to help you settle credit card or unsecured debts. Century Support ServicesCentury Support Services can help you reduce your debt effectively. The consultation is initially free and the fee is charged only after the first payment is given to the creditor. Subsequent fees are taken in a similar fashion.Elite Financial ServicesThe company offers to settle your unsecured loans in as short a duration as 12 to 36 months. They provide debt analysis for free and charge the debt settlement fee only after the process is completed. New Era Debt SolutionsNew Era Debt Solutions has been providing debt settlement services for over 20 years. On average, they have helped reduce around USD 250,000,000 for their clients can reduce your debt by 47% of the original amount. Now that you know the top 10 debt settlement companies in the USA, you can compare their fees and services to determine the best one for your needs.

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Top 4 providers of guaranteed business loans

If you are considering establishing your own business, then you are probably worried about financing more than anything else. Getting guaranteed business loans surely is not easy. You need to get approval first, and even if you do, the interest rates may not be favorable to you. The good news is that the most prominent banks in the country have now started to approve loan applications from small businesses too. Wells FargoKnown as “America’s leading small business lender,” Wells Fargo has comfortably established themselves as the best hope for small business owners. The Unsecured Business Line of Credit and Unsecured Business Loan are the two best choices they offer for business owners who are looking for a loan. These are easier to get as they do not require any collateral. The Unsecured Business Line of Credit offers a credit line of $5,000 to $100,000. These can be used to cover unexpected expenses and cash flow requirements. On the other hand, the Unsecured Business Loan offers $10,000 to $100,000 as a medium-term loan with fixed rates. Depending on your eligibility, the interest rate will be anything from 7% to 22.99%. Bank of AmericaIf you are looking for guaranteed business loans, then Bank of America is the answer for you. They have about 4,400 branches all over the country and have recently started to offer business loans for small businesses. They offer Business Advantage Unsecured Term Loans, which do not require any collateral and you can get a loan amount of $10,000 to $100,000 for a fixed interest rate. Depending on certain terms, the rate can be as low as 5.50%. They also offer Business Advantage Unsecured Credit Line which allows flexible financing of $10,000 to $100,000 with interest rates starting from 6.25%. JPMorgan ChaseJPMorgan Chase is another bank offering guaranteed business loans for small businesses. Apart from business loans and credit lines, the bank also offers credit cards for small businesses. It is easier to get approval for these credit cards than business loans. These have other benefits like more affordable interest rates and reward points. Apart from this, they also offer a Business Term Loan of $5,000 to $500,000 with both variable and fixed interest rate options. The loan term is up to seven years. If you have a Chase business account, the dues can be directly deducted from it. Capital OneIn 2019, the bank approved more than $20 million as guaranteed business loans for small businesses. One of the main reasons you should consider Capital One for your loan requirements is the number of choices they offer, including SBA loans, lines of credit, commercial real estate loans, vehicle and equipment financing, and business installment loans. Another great service provided by them is the tailor-made loan, which allows you to get exactly what you require to finance your business.You should keep in mind that to qualify for these loans, you should have a good business history, respectable personal credit, impressive annual revenue, and a complete loan application.

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