Tuesday, May 25, 2010

This week's top story: Poll: 3 in 4 cardholders say accounts are better

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More credit card news | Credit card help | Credit card videos | Credit card statistics May 25, 2010
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Top credit card stories

Poll: 3 in 4 cardholders say accounts are better today
Credit card reform ushered in the most sweeping changes in the history of the industry. A year later, nearly three out of four Americans with credit cards say their accounts are better today. More... 
Wall Street reform bill taking shape for consumers
New consumer watchdog agency is in. However, caps for ATM fees and credit card interest rates are out. More... 
Cell phone payment system options multiply
The trend of paying by cell phone, slow to catch on in the U.S., is finally gaining traction. More... 
Got bad credit? What to expect when buying a car
The last sound you want to hear when you're rebuilding your credit is the clank of a dying car. You have options, but they aren't pretty. More... 
The Credit CARD Act of 2009: A year in review
Since signed into law May 22, 2009, credit card reform has caused plenty of changes -- some of them unexpected. More... 
Expert credit card advice

Avoid restarting the clock on time-barred debt
'The Credit Guy' expert Todd Ossenfort
A reader whose debt has run past the statute of limitations in her state wonders if she should still pay what she can. More...
 
Paying off debt on a fixed income isn't easy
'To Her Credit' expert Sally Herigstad
When your debt is high and your income is fixed, extra steps are necessary if you hope to meet the challenge.
More...
 
How nonactivated cards can impact credit scores
'Credit Score Report' expert Jeremy Simon
Think the credit bureaus don't know about that unactivated card in your drawer? You may be surprised.
More...
 
Create your first budget in 3 easy steps
'The New Frugal You' expert Gary Foreman
Calling all budget-phobic people: We break down budgeting into three very easy concepts.
More...
 
More credit card news

Credit union launches first U.S. chip-and-PIN card
A credit union debuts first chip-and-PIN card compliant with European card readers. More... 
Background checks reveal surprising criminal past
Armed with online access and a credit card, our blogger discovered that he's been married twice in Texas and accumulated a bevy of criminal records. More... 
Popular cash back card
Chase Freedom credit card

Credit card rate report
(as of 5-25-2010)
National Average   14.17%
Business   12.96%
Low Interest   12.04%
Balance Transfer   12.80%
Cash Back   12.63%
Rewards   14.33%
Bad Credit   19.50%
Airline   14.43%
Student   13.87%
Instant Approval   15.99%

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