A credit card agreement you can actually READ? Written by Geoff Williams December 20, 2011If a picture is worth a thousand words, a typical credit card agreement would require five pictures.
The Consumer Financial Protection Bureau has a better idea. On Dec. 7, the newly formed consumer agency debuted a template of a greatly streamlined agreement they would like to see behind all new consumer credit card offers. It's worded [...]Posted in:Credit Card EducationFinancial Literacy
Can You Pass the Financial Literacy Quiz? Written by Joe Taylor May 7, 2009Two years ago, author and entrepreneur Braun Mincher developed FinancialLiteracyQuiz.com, a fifty-question test that mimics the kind of final exam on money that is missing from most schools. Many respondents get a score of around 57 on their first try, hinting at a lack of understanding about how money works. Mincher answered some questions about [...]Posted in:Credit Card EducationOther
Interactive Credit Education for Students Written by Mike Killian November 11, 2008Editor's Note: This article is part of a popular Q & A format series in which we interview experts and industry professionals that have made significant contributions to the credit card industry.Now and then you stumble into a heretofore little known website that has the potential to significantly impact high school youth and young adults [...]Posted in:Credit Card EducationCredit ScoreStudent Credit Cards
Negotiate a Better Credit Card Rate Written by Curtis Arnold September 16, 2008An excerpt from How YOU Can Profit from Credit Cards: Using Credit to Improve Your Financial Life and Bottom Line.When you've taken a gander at the current rates being offered, you can use them as a negotiating tool with your card issuer. Trying to bargain down your rate might sound like an intimidating, complex process, [...]Posted in:Credit Card EducationCredit Card Interest