Tuesday, March 2, 2010

This week's top story: New right to contest bad credit report data

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More credit card news | Credit card help | Credit card videos | Credit card statistics March 2, 2010
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CreditCards.com's weekly newsletter features the latest consumer information and updates from the industry's leading source of credit card news.
 
Top credit card stories

Credit report error? Take it up with the merchant
Starting this summer, if a merchant puts inaccurate information on your credit report, you can force them to investigate the problem. But you have to do it right. More... 
APRs surge higher as card reform arrives
Banks jacked interest rates to record levels, getting in their final licks against consumers ahead of the new credit card regulations. More... 
Credit card foreign transaction fees going up
As some card issuers have increased their foreign exchange fees, find out how much using your credit and debit cards will ultimately cost. More... 
New rules aim to rein in 'free' credit report firms
The FTC issues new rules forcing those offering not-really-free credit reports to disclose prominently that they're not really free. More... 
Expert credit card advice

CARD Act won't prevent annual fees for your plastic
'The Credit Guy' expert Todd Ossenfort
As card issuers struggle to recoup revenue, many are instituting annual fees. The good news: Your APR is protected. More...
 
5 steps to clear a minor of illegal credit card debt
'Opening Credits' expert Erica Sandberg
A grandparent wants to know how she can make sure her grandson isn't liable for card debt his mom charged in his name.
More...
 
Protecting the elderly from credit card collectors
'To Her Credit' expert Sally Herigstad
Credit card terms and conditions can get perplexing for the elderly who suffer from dementia. Here's how to help.
More...
 
Sharing a roof doesn't mean sharing a bankruptcy
'Credit Score Report' expert Jeremy Simon
Adult children who share an address with a parent don't need to share credit score damage when that parent files for bankruptcy.
More...
 
Taking Charge: A CreditCards.com blog

PF Carnival: March is the month for... what?
Enjoy this week's best of personal finance blogs, based on "Chase's Calendar of Events." More... 
Cartoon: New card law puts on a happy face
Of all the commentary on the new credit card law, our blogger thinks this cartoon by Joe Heller of the Green Bay Press-Gazette is the most succinct. More... 
Popular cash back card
Chase Freedom credit card

Credit card rate report
(as of 3-2-2010)
National Average   14.62%
Business   11.32%
Low Interest   12.23%
Balance Transfer   12.64%
Cash Back   12.61%
Rewards   14.42%
Bad Credit   25.99%
Airline   14.37%
Student   14.61%
Instant Approval   18.41%

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Taking Charge: A CreditCards.com blog


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