Prepaid And Secured Credit Cards See Growth
Many financial experts predict that prepaid and secured credit cards will become increasingly popular with consumers as the recession drags on. With traditional credit cards being harder and harder to get, many Americans may now find themselves turning to these instruments to make their financial transactions. There are some distinctions in the way that prepaid [...]
Know Your Rights As A Credit Card Holder
While Congress works on the newly proposed “credit card bill of rights“, I felt it was important that I share with you exactly what your rights as a credit card customer entail. After all, it will probably be months before Congress draws up this new bill. Many cardholders have expressed everything from minor frustration to [...]
Tips For Negotiating Credit Card Terms
I thought it might be helpful to some of our readers if we laid out some tactful tips for successfully negotiating better credit card terms with their respective credit card companies. And yes, in case you didn’t know, you can negotiate a better deal with your credit card providers. No matter what the issue at [...]
Why You Should Negotiate With Your Credit Card Company
In these rough economic times it is understandable why so many consumers believe that they do not have much leverage when it comes to negotiating a better deal with their credit card issuer. While no doubt times are tough all over, you can still effectively get a better deal on your credit cards in the [...]
Capital One Financial Corp Reports A Record 4th Quarter Loss
Capital One Financial Corp. is the parent company of credit card behemoth Capital One. It also has recently gotten into the branch banking business by buying Louisiana based Hibernia and New York based North Fork Bancorp. They have also reached an agreement to buy Chevy Chase Bank which serves the Washington D.C. area. Capital One, [...]
Rewards Programs Are Getting Tighter With Their Payouts
It would seem that we are now seeing yet another effect of the current credit crisis in America. Credit card issuers are becoming ever more stingy when it comes to paying out on their rewards programs. There is a great deal of pressure on card issuers to reduce costs and one way to do so [...]
How Credit Card Grace Periods Effect You
Before you apply for your next credit card be sure to check the length of the grace period. Grace periods are an often overlooked part of the credit card equation and they really shouldn’t be. A grace period is defined in Wikipedia as the amount of time one is given to pay back money that [...]