Tuesday, March 9, 2010

This week's top story: Online shoppers turn to alternative payment forms

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More credit card news | Credit card help | Credit card videos | Credit card statistics March 9, 2010
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Top credit card stories

Online shoppers turn their backs on credit cards
The poor economy and consumers' growing aversion to carrying large credit card balances may be why alternative forms of payment gain use online. More... 
Fed proposes rules to limit credit card fees
Credit card fees would have to be "reasonable" and inactivity fees would be banned under new rules proposed by the Federal Reserve. More... 
Consumer debt rises for first time in a year
Americans' overall debt level grew in January, even as they continued to shed their credit card balances. More... 
Avoid rental car insurance traps with this checklist
It used to be wise to always decline costly additional insurance policies offered by car rental agencies. But things have changed. More... 
Expert credit card advice

Forgiven debt resurfaces at tax time
'The Credit Guy' expert Todd Ossenfort
If you receive a Form 1099-C for a forgiven debt you don't recall having, clear it up fast or you'll have to declare it as income. More...
 
3 ways to rebuild your credit after wage garnishment
'Opening Credits' expert Erica Sandberg
On-time payments made via wage garnishment won't boost your credit score, but you can take steps to improve your standing.
More...
 
Best use for inheritance: pay debt or create savings?
'To Her Credit' expert Sally Herigstad
A reader inherits money and wants to be debt free, but wonders if it wouldn't be smarter to put that cash toward retirement.
More...
 
When refinancing, closing cards can cost you
'Credit Score Report' expert Jeremy Simon
When considering a home refinancing, experts say the last thing you should do is close any credit card accounts.
More...
 
Taking Charge: A CreditCards.com blog

SNL all-stars take on consumer protection
Consumer protection brings together an all-star cast of "Saturday Night Live" ex-president doppelgangers. More... 
ID theft: Young, savvy and vulnerable
Guest blogger Nicholas Farina warns young adults of revealing too much personal informaion when social networking. More... 
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Credit card rate report
(as of 3-9-2010)
National Average   14.39%
Business   11.70%
Low Interest   12.38%
Balance Transfer   12.71%
Cash Back   12.61%
Rewards   14.82%
Bad Credit   21.14%
Airline   14.37%
Student   14.61%
Instant Approval   18.41%

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Taking Charge: A CreditCards.com blog


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