5 credit report items that won't affect your score
You probably know your credit score is driven by the information that appears on your credit report. But what you may not realize is certain line items included by the major credit bureaus aren't going to have any impact on your actual credit score.
"What goes into the credit score is information that is, first, reliable [...]
Does your credit pass the stress test?
Since April is National Stress Awareness Month - and Financial Literacy Month too - now is the perfect time to identify the personal finance issues that could cause stress for you and your loved ones.
Money problems of all kinds are a major source of anxiety and stress for many Americans. Anxiety and stress can lead [...]
Debt, Financial Literacy
The prepaid debit card comes of age
More than 1 in 8 American consumers now carry reloadable prepaid debit cards, according to a new report from Javelin Strategy & Research. Stronger rewards, cheaper fees, and changing attitudes about traditional banks all contributed to the growth of prepaid debit, even during a period that saw many banks shrink the number of their traditional [...]
Best credit cards for going green from our partners
When Wisconsin Senator Gaylord Nelson envisioned the first Earth Day in 1970, environmental activists achieved more than they could have imagined. The years that followed saw the launch of the Environmental Protection Agency, the Clean Air Act and the Clean Water Act. Since then, companies have worked harder to balance business demands and environmental protection [...]
Not your father's credit card
Different versions of the tale offer various inspirations for Frank McNamara's brainstorm at the start of the 1950s. A personal loan business going stale, an embarrassing night out, and a nervous conversation with his wife all factor into the creation of Diners Club, the first general purpose credit card designed to work with multiple merchants.
"Your credit card has been declined…"
Having your credit card declined is almost a rite of passage, I suppose, for people who aren't incredibly rich. It's hard to imagine that any adult can go through life without their credit card or debit card being declined at least once, even if it's just a technical snafu. Which is what happened last Sunday, [...]
Other, Credit Card Companies, How Cards Work
7 worst credit card habits
Likely you've done it -- lost your credit card bill under a pile of papers and by the time the bill surfaces, it's past due. Guess what: You've just committed one of the seven deadly sins of credit card use - and the costs will add up.
Yes, the best credit cards are a convenient way [...]
Financial Literacy, Tips
Best credit cards after bankruptcy
More than 1.4 million Americans claimed bankruptcy during the preceding year as of September 2011 (the latest statistics available), punctuating the frustration many Americans felt at the height of the economic crisis. Filing for bankruptcy protection under either Chapter 7 or Chapter 13 requires overcoming extreme emotions. We fear the social stigma of being classified [...]
Best Cards, Building Credit
5 credit cards you won't find anywhere else
Record numbers of banking executives packed a well-known resort outside Orlando in the latter half of March to swap industry gossip and to show off the latest innovations in debit and credit card products.
Under shareholder pressure to lend more money to consumers, big banks used the gathering to scout potential takeover targets. Marketing chiefs attended [...]
I was sent a credit card without my authorization. What do I do?
Q: I was sent a credit card without my authorization. What do I do? My credit report was obviously dinged to obtain one. Will it be dinged again if I cancel?
A: "Dear Lord, the gods have been good to me. As an offering, I present these milk and cookies. If you wish me to eat [...]
Miscellaneous, How Cards Work