Bank finance articles and tips

Four years ago, not long after our wedding, my wife bought me this new shirt. I wore it once, received compliments and never wore it again. A few post-wedding parties and dinners meant I could never get into this colorful slim-fit shirt. Today it languishes in my wardrobe waiting the day I can get rid of my paunch and wear it again.

Through the health conscious cooking of my wife, I have prevented myself from bloating beyond recognition. What is missing is a good exercise regime to get me back into that shirt. Not just for the love of my wife and her cooking, that shirt remains hanging there as a reminder of better physical days. I do aspire to reach there someday.

If you are like many North Americans, you have some credit card debt; credit cards are based on unsecured lines of credit, which means you don't put up any collateral in order to get one. However, you do promise to pay at least the minimum payment each month. Not paying the minimum payment can affect your credit rating and your chances of getting another card are slim to none. You may also find it difficult to qualify for other types of credit, such as loans, mortgages and bank lines of credit. Fortunately, there is a no credit credit card that can help you re-establish your credit rating. This card is secured, which means that you are required to put up some collateral.