22 stupid things you're doing with your credit card
Credit cards are often vilified for the enticing ease with which you can get them, and the high interest rates you sometimes pay. However, in some cases you really do bring your problems on yourself. While the best credit cards can offer helpful rewards and provide you with a valuable financial tool, their misuse can [...]
8 Most Deceptive Terms Used in Credit Card Offers
We may live in a high-tech world where email rules, but credit card issuers
are still sending out card offers the old-fashioned way. Let's take a look at
some of the more deceptive terms you might see inside of--and even on--the
envelopes you find in your mail box.
#1: 0% APR
This is often accompanied by "Our [...]
0 APR Cards
Think You Understand the New Credit Card Laws? Think Again
Sure, the Credit CARD Act was a step in the right direction. We all have a little more consumer protections than we did before. But as we've seen too often, when Washington tries to fix our problems, the legislation gets watered down to the point where the language is, well, wishy-washy at best. Here are [...]
Til Debt Do Us Part: The Top 6 Financial Issues Couples Lie About
Teresa Giudice's antics as one of the Real Housewives of New Jersey captured the attention of Bravo television viewers. But she's becoming well known for the financial crisis she now faces after her husband hid millions of dollars in debt. Giudice told hosts of The View that she thought she was spending within her means. [...]
5 Common Mistakes That Can Cripple Your Credit Score
Have you ever been surprised when your FICO score dropped? Most likely, it's because you made one of the five mistakes below. Most people aren't aware of the impact some of these actions have. And what's interesting is that it appears that the higher your FICO score, the greater the drop when you make a [...]
Don't Let Your Credit Card Issuer Cheat You Out of Reward Points
Falling merchant fees and tight profit margins have put the squeeze on many reward credit card offers. Although most credit card issuers lure new accounts by offering special deals on reward points, the terms and conditions of reward programs give lenders ample opportunities to avoid delivering on those promises. Watch your statements for signs of [...]
Maximize Gas Rebates on Your Credit Card this Summer
Very few things differentiate gas stations these days. Gas prices in most neighborhoods don't stray more than a few cents apart among competitors. One filling station might have a better convenience store, yet require a little more patience to get in and out of. In most states, "service" simply refers to whether the pumps and [...]
How often do you have to use your credit cards to keep them active?
Question: How often do you have to use your credit cards to keep them active?
Answer: The answer to your question will vary depending on your creditor. Therefore the exact answer is probably written on your contract or available by contacting your creditor. Keep in mind, however, that in this economic crunch, creditors do not [...]
How Cards Work , Miscellaneous
Demystifying the Credit Scoring / Rating Process
Have you ever wondered if you had "good credit" or "bad credit" and how creditors, such as banks, determine if you are creditworthy. If so, you are not alone. For decades the procedure most creditors have used to determine your creditworthiness or rating has been shrouded in secrecy. Fortunately, though, recent legislation in California has [...]
CardRatings.com Poll: 36% of Consumers Have Student Loan Debt on Credit Cards
With the soaring cost of a college education, it's getting harder and harder for students to be completely debt free when they graduate. Many students do get loans through private or federal sources but some still use their credit cards to help them make ends meet.
Recently, CardRatings.com teamed up with Chef2Chef.net, a culinary community and [...]
Student , Debt, Polls