The average American consumer owns four credit cards. One in seven people own ten or more credit cards. The cry of the masses seems to be “Charge it!”
But after charging it over and over, what do you do with the credit card debt? Not to worry. You too can lower your [...]
When was the last time you checked your interest rate?
It may have gone up without your notice, or maybe it was high to begin with. Have you considered trying to renegotiate that high interest rate?
According to a recent study done by a BankRate, 57 percent of people who just called to ask their credit [...]
With commencement season in the rearview mirror, thousands of college graduates are on the path to financial independence. This new freedom poses several challenges, particularly in the world of credit.
Often, these graduates find themselves in charge – pun sheepishly intended – of their first credit card. To help guide first time credit card users, Forbes [...]
“Do you want to save 20% on your purchase today by opening an account with our store?”
Most people freeze upon hearing that question. On one hand, the average person’s wallet is full of different kinds of cards, and the prospect of adding more weight – and more debt – is a daunting one.
On the [...]
This week saw lots of good tips for those of us looking to hang onto our money in a high-tech world. Here’s a look at some highlights.
Keep Credit Private When Shopping Online
Online venues for selling used stuff can be a great way to make money off of what you no longer want or need, but [...]
It’s the source of several catchy commercial songs and the source of frustration and confusion for many.
Your credit score significantly affects the interest rate you receive on your mortgage and car loan, but how does it really work?
The Wall Street Journal sums it up quickly: “Your credit report is a summary of your borrowing and [...]
USA Today did some independent analysis to show consumers just how much they might save this year thanks in part to the reforms of the recent Credit Card ACT.
According to the report, Americans may save as much as $5 billion.
The savings are so great, that the New York senator who co-authored the bill called the [...]
The Associated Press looks into the latest numbers on credit card debt and usage to find that new credit card laws are making a difference.
Looking into numbers from TransUnion, a credit reporting agency, the AP finds:
Fewer credit card payments are coming inlate
Average credit card debt is down
Fewer new credit card accounts are being opened
Reporting agencies [...]
Illinois Senator Dick Durbin is looking to set limits on the fees credit card companies charge stores for using their products.
As you may know, every time you swipe your debit or credit card at a store, the merchant pays a fee back to the credit card company. Typically, stores pay a flat fee per purchase [...]
Credit cards have always been adept at enticing customers to use their cards over other payments methods. From reward points to special offers for signing up, they’ll try almost anything.
Now, the local NPR outlet in Minnesota is reporting that a credit card company is teaming up with a major airline to offer “savings” to customers.
Beginning [...]
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