Read This Before You Switch from Credit Cards to Debit Cards

There is absolutely no question that banks and credit card issuers are rushing to increase interest rates and fees ahead of credit card reform legislation taking full effect.
They are scrambling to find new sources of revenue to replace the ones that have served them so well but will now no longer be allowed by law. [...]

Credit Scores Fall Dramatically Across the Nation

With our national economy in the worst shape it’s been in since the Great Depression it will come as a surprise to no one that consumer credit scores have then hit hard nationwide. According to the credit bureau TransUnion, credit scores have fallen 6 points on average nationwide to 651 since the beginning of the [...]

White House Addresses Credit Card Abuses

The White House recently announced that it supports congressional efforts to bring about reform in the credit card industry. This dovetails with the Federal Reserve Board’s creation of the Credit Card Bill of Rights.
In case you don’t know, the Credit Card Bill of Rights is designed to limit the ability of credit card issuers from [...]

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 deep [...]

Discover More Card

0% APR on balance transfers and new purchases, in addition to a generous rewards program that earns cardholders 5% cash back on purchases made in select categories is what makes this one of the best credit card offers on the market.

 
For consumers with a good to excellent credit history looking for a cash rewards credit [...]

Consumers Are Turning To Rewards Credit Cards

With consumers feeling the pinch of bad economic times, people are turning to rewards credit cards more and more in an attempt to stretch their spending dollars while riding out the current recession.
A recent Standard & Poor’s survey indicates that many Americans are specifically using their rewards credit cards when purchasing necessities such as gas [...]

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 [...]