Tuesday, April 20, 2010

This week's top story: How bad credit can affect your job search

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More credit card news | Credit card help | Credit card videos | Credit card statistics April 20, 2010
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CreditCards.com's weekly newsletter features the latest consumer information and updates from the leading source of credit card news.
 
Top credit card stories

How bad credit can affect your job search
Yes, a blemished credit report can hurt your job chances, but employers consider some financial mistakes to be worse than others. Find out which ones. More... 
What your poker style says about your financial style
Do you sneak multiple peeks at your cards? Reshuffle? Stick with your gut? How you play your cards says a lot about how you handle money. More... 
The 5 basic components that make up a FICO score
While the FICO scoring system is largely a secret, the basic components of a score aren't. Here's the scoop. More... 
Bankruptcies keep climbing in 1st quarter of 2010
Bankruptcy filings rose 17 percent over a year ago, as once-available cushions of credit and home equity have vanished. More... 
Expert credit card advice

Minimum payment trickery and the Credit CARD Act
'The Credit Guy' expert Todd Ossenfort
Only money paid above the minimum payment must be applied to higher APR balances first, new rules say. More...
 
Minors bear moral responsibility for fraudulent debt
'Opening Credits' expert Erica Sandberg
Legally, minors likely bear no responsibility to repay card debts, even fraudulent debts. Morally? That's a different matter.
More...
 
Too much plastic boosts financial danger
'To Her Credit' expert Sally Herigstad
If you have more credit cards than you can keep track of, then it's probably time to consider closing some of those accounts.
More...
 
'Hard' inquiries have limited credit score impact
'Credit Score Report' expert Jeremy Simon
Lenders' inquiries into a borrowers' credit history can drop a credit score, but you can minimize the damage.
More...
 
More credit card news

Blog roundup: A rewarding but taxing week
Now that your taxes are taken care of, read some of the best personal finance blog posts from the past week. More... 
Credit tips from top personal finance bloggers
Seven top finance bloggers share their tips for smart credit use, how to pay down debt and more. More... 
Popular cash back card
Chase Freedom credit card

Credit card rate report
(as of 4-20-2010)
National Average   14.42%
Business   12.96%
Low Interest   12.11%
Balance Transfer   12.81%
Cash Back   12.57%
Rewards   14.49%
Bad Credit   20.32%
Airline   14.43%
Student   14.10%
Instant Approval   18.41%

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