When (and how) to ask for a lower interest rate
Even though we're experiencing some of the lowest credit card APRs from the past few decades, you might still be able to save money on finance charges by asking the right question at the right time. Despite competition among banks, it's not always easy to qualify for a balance transfer offer. Besides, you might love [...]
How Cards Work , Interest / Fees
4 ways to prep your finances prior to retirement
Would you like to retire in about five years?
Prepping now will lead to smoother financial sailing during your long-anticipated retirement years.
Here are four ways to prepare your finances for your fast-approaching retirement years.
Don't lose money that could be used for your retirement on high-interest credit card debt, advises Kathleen Campbell, a certified financial planner [...]
Need a frugal vacation? Don't forget credit card perks
After returning from a relaxing 12-day trip to Hawaii, I unpacked my suitcase and sorted through vacation photos. You know what I didn't do? Nervously wait for the credit card bills to arrive. Using reward points and some creative thinking, we spent less than $2,500 on our trip for four to Kauai and Oahu. Throughout [...]
What happens when someone dies with credit card in their name and an authorized user continues to use credit card?
That's not good. Are you doing that? Please stop. If someone in your life is doing that, please tell them to stop. The consequences could be dire.
In most cases, the credit card debt of a deceased American becomes an issue for their estate. If that debtor lives in a community property state (Arizona, California, Idaho, [...]
How Cards Work , Miscellaneous
Can I include my spouse's income on a credit card application?
For most of the past few years, I would have had to tell you "no." After the credit crunch of 2008 inspired a tighter set of federal banking regulations, lawmakers forced banks to get strict about offering new credit only on the basis of a customer's ability to repay a balance from their personal assets.
How Cards Work , Credit Card Approval
5 ways to use credit cards to avoid the holiday rush
While Christmas may seem months away, holiday songs will be playing on the radio and the malls will be transformed with decorations before you know it. Start researching and shopping for holiday gifts now and you can take full advantage of your credit card's perks.
Here are five tips to help you avoid the holiday rush [...]
6 secrets to managing multiple credit cards
For Louis DeNicola, it started in college with a student Visa credit card. That was followed by two store cards.
Then came the realization that credit card rewards points could hold the key to free travel. One free flight to Europe and a couple free hotel stays later, the New York City resident was hooked. Today, [...]
How Cards Work , Tips
Who's in your wallet?
When you share a credit card with someone, you are effectively giving them access to your wallet and your reputation. You need to be careful about who you grant that access to, and what they are doing with it.
On behalf of CardRatings.com, survey company Op4G asked 2,000 adults about their credit cards. The answers give [...]
How Cards Work , Financial Literacy
What's a credit builder loan?
Looking for a quick way to re-activate or build credit without a credit card? Consider a credit builder loan.
"A credit builder loan is actually a loan. It just happens to have the by-product of helping to establish or re-establish credit," says John Ulzheimer, credit expert at CreditSesame.com. "You might pay $100, $95, $75 a month, [...]
Is debt a four-letter word or a good financial strategy?
Many people assume that all debt is bad while other people have a wallet full of maxed-out credit cards. Interestingly enough, debt can be either a positive or negative, depending on the type of debt and your personal financial situation.
"Unless you are independently wealthy, win the lottery or live a poor man's lifestyle by choice, [...]