The nickel-and-diming of American credit cards Written by Maryalene LaPonsie November 15, 2013Last year, 35 percent of Americans spent an average of $215 on their debit and credit cards without even knowing it.
The money is part of a nearly $15 billion problem with gray charges. According to a report report commissioned by BillGuard and conducted by Aite Group, gray transactions are those a consumer did not intend [...]Posted in:Credit Card Help
Should you get a medical credit card? Written by Maryalene LaPonsie August 23, 2013When my daughter decided to be born on January 2nd, the bill for her delivery and hospital stay made quick work of our annual health insurance deductible.
Facing a bill of several thousand dollars, I called the hospital to make payment arrangements and was surprised to learn my options were "pay it now" or "pay [...]Posted in:Credit Card Help
Protecting your parents from poor credit card decisions Written by Maryalene LaPonsie May 31, 2013The Federal Consumer Financial Protection Bureau recently issued a report expressing concern about the use of misleading "senior designations" by some financial professionals. The report reminded me of how easy it is for seniors to get in over their heads where money is concerned.
My own mom is 78, widowed and slowing down. As I have [...]Posted in:Credit Card Help
What do credit card holders complain about most? Written by Geoff Williams December 5, 2011Have a complaint about your credit card? Get in line. There are at least 5,074 people in front of you.
Last week, the Consumer Financial Protection Bureau, or CFPB, released information about the types of complaints they've been getting from frustrated credit card holders.
That's right, the credit card complaints that have been going to the CFPB [...]Posted in:Credit Card Help
5 Words You Should Never Say to Your Credit Card Issuer Written by Beverly Blair Harzog July 30, 2010You're smart enough to know that there are certain words that you shouldn't say when talking to your credit card issuer. But life is unpredictable, isn't it? So just in case you find yourself in a situation where you need to use one of these "unspeakable" words, here are some tips to minimize the negative [...]Posted in:Credit Card Help
5 Credit Card Mistakes That Can Cause Divorce Written by Joe Taylor June 25, 2010
Even though you can save your marriage with credit cards, you can just as easily wreck your romance with help from your latest account statement. Avoid these five common ways that spouses get into money trouble:
#1: Hiding Credit Card Debt from Your Spouse
If some financial advisors had their way, we'd all be getting credit checks [...]Posted in:Credit Card Help
Don't Max Out Dad's Credit Card for Father's Day! Written by Beverly Blair Harzog June 11, 2010"Dad, Can I Borrow the Credit Card for Father's Day?"
Things have been tougher for young adults since the Credit CARD Act placed age and income restrictions on credit cards. You have to be at least 21 to get a card on your own, or else you have to be able to show proof that you [...]Posted in:Credit Card Help
6 Essential iPhone Apps for Credit Card Holders Written by Curtis Arnold May 26, 2010If Karl Malden were telling you "don't leave home without it," he could just be referring to your iPhone. While you can't yet replace your wallet with your iPhone, a handful of credit card applications have made themselves indispensable to its users.
Credit Card Issuers' Proprietary Apps
A handful of credit card issuers have helped set new [...]Posted in:Credit Card Help
Top 5 Things You Shouldn't Do with Your Corporate Credit Card Written by Joe Taylor May 10, 2010Most of us have been tempted, at one time or another, to let a small purchase slip undetected on a corporate credit card. In these five cases, investigators say greed and hubris trumped ethics and common sense:
#5: Charge your child's college fund to your corporate credit card.
Described by colleagues as bright and ambitious, Betsy Collins [...]Posted in:Credit Card Help
Spring Cleaning for Credit Cards Written by Beverly Blair Harzog April 8, 2010It's that time of year when we think about ridding our homes of clutter and making everything look shiny and new again. How about applying that same concept to your credit cards? No, you don't need to polish your cards, but "cleaning up" the way you deal with your credit card paperwork is always a [...]Posted in:Credit Card Help
CardRatings is excited to announce the launch of the 100% Free CardRatings Email Course to Learn How to Maximize Travel Rewards.
Created in partnership with ChooseFI
We partnered with ChooseFI to combine CardRatings’ offer expertise with ChooseFI’s tried and true travel rewards strategies. Get to know ChooseFI: they have changed tens of thousands of lives and recently won Podcast of the Year at FinCon.
You may think you are a rewards travel expert, but rewards strategies are changing (e.g., the days of card churning and manufactured spending are numbered). Learn powerful, sustainable strategies (a couple of which even you die-hard travel experts might not know). You'll be so glad you did.
We're planning more courses for the future; this is just the beginning of our journey.