How loyal are credit card holders?
Credit card advertisements are almost unavoidable. Just about every commercial break on television features Alec Baldwin, Jimmy Fallon or some other celebrity pitching a credit card, and then there are the offers that pop up on websites or arrive in your mailbox. Are these advertisers wasting their breath -- not to mention their money and [...]
5 credit card tips for the new business owner
Small-business owners are in a quandary these days. They want access to credit and liquidity, but they're not really using business credit cards to get the job done.
About half of U.S. small-business owners say access to capital is a barrier to growth right now, according to the New York Federal Reserve's Small Business Credit Survey. [...]
5 ways to have a happy holiday free from credit card crime
The holiday season is filled with decking halls, spending time with family and eating delicious homemade treats. But each holiday season, many consumers become a victim of credit card fraud or theft. And spending your days on the phone with the credit card company and worrying about the crime is a sure way to take [...]
ID Theft / Fraud
I'm a 22-year-old female who makes about $1,000 a month. I have a credit union credit card with credit line of $500. I recently applied for a Lowe's credit card and was denied. I'm always on time with my credit card payments. What would be the reason?
In this era of instant-approval credit card offers, it's easy to overlook the rule that a bank must supply you with a specific reason for declining your application in writing. You'll probably receive a letter from them in a plain envelope that most people might mistake for junk mail. However, based on what you've told [...]
How Cards Work , Build / Rebuild Credit
Clever wallets for stashing your cash
Wallets have always been an easy way to show off fashion sense and number of credit cards (or lack thereof). However, wallets themselves are increasingly important multi-functional accessories. As wallets are developed that fulfill a variety of needs and even incorporate useful technologies, and as the holidays approach, they can make unique and personalized gift [...]
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