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There are times in life when you’re flat out broke. Maybe it’s not payday yet and you’ve just paid all the bills. Unfortunately you still have to purchase groceries for the week. Obviously you can’t just not eat! So where are you going to get some extra funds from so you won’t starve? Well, you could always try to apply for a credit card on the web. It’s funny, but a lot of folks don’t realize that this can be done on a whim. While you may be out of cash at times, or experience rough patches in life with finances, this doesn’t mean that you don’t have options.

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(ARA) - You’ve heard the old adage, pay down your credit card debt each month to avoid the nasty interest rate charges and fees that result from revolving balances. But if you’re like many of us, you need to carry a monthly credit card balance to pay for basic living expenses and emergency purchases. This is exactly what the credit card companies want you to do - it’s how they make money! One thing you may not realize is that by simply making your minimum payments it will take you a long time to eliminate credit card debt. Moreover, what happens when this credit card debt becomes too great of a burden, when you can no longer afford to keep up with your monthly minimum payments? Or worse, what happens if you experience a period of unemployment, or are facing unexpected medical costs? The short answer is that credit card companies still want and expect you to pay back your credit card debt.

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A MONGOLIAN national was found out when he used a woman’s stolen credit card to buy two items worth S$2,500 at a jewellery shop at VivoCity.  Dandar Enerel, 25, was sentenced to a total of 21 months on Monday for dishonestly receiving a stolen POSB Everyday MasterCard bearing the name of Yeo Jia Yeh and conspiring with a fellow Mongolian national to cheat at Aspial-Lee Hwa Jewellery at Harbourfront Walk on Dec 19.  A district court heard that Dandar and his accomplice named Bataa went to Sentosa that day after meeting up at Aljunied MRT station. While on their way out of Sentosa, the accomplice showed Dandar a DBS Gold Visa credit card and a POSB Everyday MasterCard which he had stolen from Ms Yeo Jia Yeh. Dandar kept them in his wallet.  The two went to Aspial Lee Hwa Jewellery at VivoCity and chose a diamond ring and a white gold bracelet totalling S$2,500.

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First Gulf Bank (FGB), one of the UAE’s leading financial institutions has enhanced its partner network to offer its Platinum credit card customers even more appealing travel and leisure value-added features. The Platinum credit card, aimed specifically at the country’s upwardly mobile segment, now offers further value added benefits for customers. These include fuel cash back, reward redemptions at malls and entertainment centres across the UAE including Abu Dhabi Mall, Wafi City, Mall of the Emirates, Lamcy Plaza, Sahara Center, Manar Mall, Ski Dubai and Wild Wadi.

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Dubai: The amount of money lost in credit card fraud in the Middle East could grow 20 per cent from Dh1.8 billion to about Dh2 billion this year, an industry official said.  Vendorcom Chairman Paul Rodgers said fraudulent transactions are one of the threats faced by the payment cards industry today and unless no appropriate measures are taken, the Middle East remains vulnerable to fraudsters.  “I wouldn’t say that the Middle East is completely unprotected, but it is a growing problem here. It’s inevitable that it will grow because other countries are securing their systems and so until the Middle East puts similar systems in place, it will be vulnerable,” Rodgers told Gulf News.  “In the UK, almost half a billion pounds are being lost every year on credit card fraud alone.