More and More Americans Turning to Credit Cards to Cover the Basics

We all know that the economy has been lousy not only in the United States but throughout the world over the past few years. It’s the recession that never seems to end. The poor economy has forced... 

National Arbitration Forum Successfully Sued

Did you know that when you sign a cell phone contract, or agree to the terms and conditions of a credit card account, or take out a consumer loan, or have an issue with your utility company, etc., etc.,... 

Approval for Credit Card Applications is Becoming Increasingly More Difficult

When an individual applies for a credit card there are several factors taken into account that include not only if they are going to be approved for a credit card or not but also what terms they will receive... 

Are the Days of Fixed Rate Credit Cards Numbered?

The credit card companies, two of them at least anyway, are quickly and quietly changing their terms of service for millions of credit card account holders in an attempt to get ahead of the newly passed... 

The Simple Formula for Paying Off Your Credit Card Debt

As a native of Chicago, I personally have been a fan of Terry Savage’s work for quite some time now. Terry Savage is a registered investment advisor and syndicated columnist for the Chicago Sun-Times. She... 

Federal Reserve Asked to Look into Credit Card Interest Rate Increases

Reuters ran a story last week that reported that Senate Banking Committee chairman Senator Chris Dodd (D-Connecticut) drafted a letter to Federal Reserve Chairman Ben Bernanke and other regulators requesting... 

Using Credit Cards for Tuition Is Now More Expensive

For many college students in the state of Illinois the price of getting an education has just gone up… again. Private student loans are becoming increasingly difficult because of the poor economy... 

Credit Card Issuers Hike Interest Rates Before New Reform Laws Can Take Affect

Credit card reform legislation that was signed into law in May of 2009 by President Obama was designed to stop the predatory practices that credit card companies have used to make billions of dollars from...