How One Credit Card Fee Actually Helps Consumers
Posted On: July 20, 2009
Lawmakers hoping to build on the positive feedback from the CARD Act could be making a mistake by targeting credit card merchant fees.
Share this article with:
Delicious
Digg
reddit
Facebook
StumbleUponBenefits of Credit Cards often Trump the Convenience of Debit Cards
Posted On: July 13, 2009
Debit cards offer convenience and are becoming increasingly popular with consumers, but they still don’t offer many of the same benefits as credit cards do.
Share this article with:
Can You Pass the Financial Literacy Quiz?
Posted On: May 7, 2009
By Joe Taylor Jr., CardRatings.com ReporterTwo 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. [...]
Share this article with:
Entrepreneurs Learn Credit Card Strategies at Speed Coaching Events
Posted On: May 5, 2009
By Joe Taylor Jr., CardRatings.com ReporterStarting a new company in an economic recession often requires three things: a great idea, a generous small business credit card, and solid advice. Officials at American Express OPEN hope to connect entrepreneurs with all three at a series of seven live events throughout the spring and summer.
The “Small Business [...]
Share this article with:
Variable versus Fixed-Rate Credit Cards
Posted On: March 4, 2009
An excerpt from How YOU Can Profit from Credit Cards: Using Credit to Improve Your Financial Life and Bottom Line.
All cards can be classified as either fixed or variable rate. Fixed rate means the interest rate never changes—at least, in theory. The rate on variable-rate cards, however, can go up or down, depending on [...]
Share this article with:
Re-thinking Credit Card Choices (Part 1)
Posted On: February 17, 2009
By Michael Killian, CardRatings.com Reporter
Editor’s Note: This article is the first of a two-part interview with Linda Sherry, the Director of National Priorities at Consumer Action.Exceptional times often require exceptional measures to deal with events. No one doubts or questions the seriousness of our economy. Consumers are cutting spending and shedding debt whenever and wherever [...]
Share this article with:
Tips for Finding Your Best Secured Card
Posted On: February 12, 2009
An excerpt from How YOU Can Profit from Credit Cards: Using Credit to Improve Your Financial Life and Bottom Line.
Not all secured cards report to the three major credit reporting companies (Experian, Equifax, and TransUnion). To build or rebuild credit, it’s smart to get a card that does report to all three. Fortunately, many secured [...]
Share this article with:
Benefits of Secured Credit Cards
Posted On: February 11, 2009
An excerpt from How YOU Can Profit from Credit Cards: Using Credit to Improve Your Financial Life and Bottom Line.
A secured card is often the best answer if you can’t get a traditional card. Secured cards are accepted wherever credit cards can be used, and certainly come in handy for emergencies and for transactions [...]
Share this article with:
Altenative Credit Scores Provide Hope for Millions
Posted On: February 5, 2009
By Rick Shaffer, CardRatings.com Reporter
I would like to share some good news for the estimated 50 million consumers that have no credit rating or a limited credit history. There is now a viable option for establishing credit outside of the traditional avenues. The National Credit Reporting Association (NCRA)–a trade group representing small regional credit agencies–in [...]
Share this article with:
Credit Card Foreign Transaction Fees
Posted On: February 2, 2009
By Heshan Demel, CardRatings.com Reporter
Foreign exchange fees on credit cards should be of keen interest to those traveling beyond the borders of the United States. Exchange rates offered by credit cards may or may not be the best rates out there. Of equal and perhaps greater importance, however, is the foreign transaction fee that your [...]
