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Credit Cards For Fair Credit – A Long-Needed Major Improvement

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Today more and more people are turning to balance transfer credit cards to help save money. With mortgage companies being fickle about whom they loan money to, and gas prices at $4 bucks a gallon people’s credit card balances are stacking up. Fortunately there are still a few credit cards on the market that offer balance transfer credit cards for fair credit.

We thought we would do our part and outline some of the best credit cards that are on the market for those with fair to average credit.

First, what exactly is fair credit? Fair credit is best described as a person who basically pays their bills on time but has a few late payments, or a little too much debt. The credit card companies look at your job, housing, debt load and overall capacity to repay the card when approving a credit card.

Some of the categories for credit cards for fair credit are balance transfer cards, business cards, rewards cards, cash back cards and more. Having fair credit shouldn’t mean that you have to get an obnoxious credit card that hurts you more than it helps you.

Outlined below we have listed, what we feel, are some of the top rated fair credit credit cards on the market. Each of these credit cards has distinct advantages and disadvantages that the card holder should know about before applying for the card, so always read the fine print before applying.

Regular Credit Cards – IberiaBank Visa® Classic Card is hands-down, one of the best credit cards for average credit. IberiaBank credit card is offering a 0% transfer offer and a 4% rate on purchases! For those of you whose credit leans more to the “fair” side of the “fair to average credit” there is the Citi® Platinum Select® Card. This card offers rates as low as a decent 10.9%, no annual fee and a 0% introductory rate for balance transfers. Both of these credit cards are great deals for people for fair to average credit.

Rewards Credit Cards for Fair to Average credit – Most credit cards that are offered for fair to average credit card applicants don’t offer a descent rewards program. Not this card, we found a great credit card with a great rewards program for average credit. The Bank of America Accelerated Rewards(TM) American Express® Card is for borrowers whose credit leans toward the average side. It offers a low fixed rate for new purchases and balance transfers with average credit who qualifies. It also has a 0% introductory offer with access to their rewards program and there is no annual fee!

Card issuers that issue credit cards for fair credit want to approve you as much as you want to get approved. What you have to do is to make sure you fill out the application completely. Some people skip through the application missing important questions that could add “points” towards their approval. Here are a few things that can help you with your application.

Report all of your gross income (before taxes); be sure to include side jobs, seasonal jobs and second jobs. If asked, be sure to list your checking and savings accounts, believe it or not having some money in savings helps. Job time is important; many people have worked for a company then left and came back. You can add those two time periods together to show the longer job time. Make sure you list the total years and months of you residence as well.

Last but not least, go after the card you really want! Most people with fair to average credit “under-apply” for the credit cards they really want for fear of being turned down. If you have decided that you are going to get a credit regardless, we suggest that you pick the card that you really want to have and make a solid application. At the same time you can apply to a card that is more likely to approve you. If you get two cards you can simply close the least attractive one or keep it open for a rainy day.

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Conflux (CFX) Price Sky-Rockets 60 Percent in the Last Week

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Conflux (CFX) Price Sky-Rockets 60 Percent in the Last Week
  • ShuttleFlow is a Conflux-based cross-chain asset bridge.
  • Sponsors pay the user’s transaction costs to assist with onboarding.

Promoting global token economy infrastructure. Conflux connects artists, communities, and markets globally. It is a high-speed first layer consensus blockchain that uses a Tree-Graph consensus algorithm to process blocks and transactions in parallel for improved speed and scalability.

It is the first regulatory compliant, public, and permissionless blockchain in China, linking decentralized economies to enhance the global DeFi ecosystem. Moreover, Conflux uses a well-tested PoW consensus to offer protocol-level security and anti-reentrance attack mitigation.

Increased Issue of Tokens

ShuttleFlow is a Conflux-based cross-chain asset bridge that allows smooth asset transfers across protocols. Moreover, it is the blockchain that can scale without compromising security or decentralization.

Built-in staking interest supports creative DeFi applications. The increased issue of tokens presently yields an annualized rate of 4%. Sponsors pay the user’s transaction costs to assist with onboarding. This mechanism enables individuals with no wallet balance to participate in the blockchain. 

Conflux’s token economy revolves around the $CFX token, which holders may use to pay transaction fees, stake for rewards, rent storage, and participate in network governance. Also, CFX compensates miners who guarantee the Network’s security. The Shanghai Free Trade Zone will explore cross-border trade using the offshore Renminbi (RMB) stable coin.

As per CoinMarketCap, Conflux Network price is $0.393001 USD. In the last 24 hours, the coin has gained 2.55% percent of its value. Furthermore, comparing the current CFX market cap to yesterday’s market value shows an increase.

The CFX gained sixty percent in the past 7 days. Moreover, Conflux Network has recently demonstrated great promise, and now may be an excellent time to invest.

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Bitcoin Falls to $40k Resulting in Over 180,700 Investors Liquidated

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Bitcoin Falls to $40k Resulting in Over 180,700 Investors Liquidated
  • UK’s Financial Conduct Authority publicly warned investors.
  • The largest crypto by market cap fell 10% in the previous week.

Fear of default by Evergrande Group, a Chinese real estate company, triggered a new round of crypto selling. 182,798 traders had been liquidated as of this report. The largest single transaction was a $14.52 million Bitfinex-ETH liquidation order.

CoinMarketCap.com values the global crypto market at $1.84 trillion, down around 1.6% from the previous day. The largest crypto by market cap fell 1% in the last 24 hours and 10% in the previous week.

After Tuesday’s sell-off, Bitcoin seems to have steadied around $40,000 support. After such a drop, analysts expect BTC to stabilize later this week.

A Parabolic Rise is Long Over-Due

Before the flash collapse earlier this month, funding rates were high, according to Delphi Digital, a crypto research company. However, the market was not as aggressive this time, resulting in a slightly better result. The developments surrounding Evergrande may cause increased volatility in the coming weeks.

On the charts, strong overhead resistance at $55,000 may limit short-term purchases. The U.S. With the Fed’s policy meeting ending on Wednesday and Bitcoin options expiring on Friday, volatility may remain high this week.

After this year’s relative Bull Run, an anonymous cryptocurrency expert told Nairametrics a parabolic rise is long overdue. Moreover, several weeks ago, the UK’s Financial Conduct Authority publicly warned investors about the risks of trading crypto assets.

The global crypto market is in the red due to the Evergrande crisis, dubbed as China’s Lehman Brothers. The uncertainty caused by Evengrande’s crisis impacted global stock markets. This crisis has a ripple effect on the cryptocurrency market as well as the global equity markets.

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Study Reveals Even By 2030, C02 Footprint From Bitcoin Mining Not a Concern

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Study Reveals Even By 2030, C02 Footprint From Bitcoin Mining Not a Concern