Tuesday, July 20, 2010

This week's top story: Six card fees you may not know about

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More credit card news | Credit card help | Credit card videos | Credit card statistics July 20, 2010
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Top credit card stories

6 credit card fees you might not know about
In the aftermath of new regulations that cracked down on some of their most lucrative practices, credit card companies are looking for new sources of revenue. If you're not careful, you may get hit with a broad array of old and new fees. More... 
Small business cards stage a tentative comeback
Small business owners, whose credit choices evaporated amid the recession, have seen a modest return of credit cards aimed at them. More... 
Cool ways to keep track of all those rewards points
The idea of earning free stuff is so alluring that many consumers now have too many reward programs to keep tabs on. More... 
FTC: Fix 'broken' debt collection system
The FTC says the common ways creditors confront consumers to collect debts -- arbitration and litigation -- don't work and need to be fixed. More... 
Expert credit card advice

Is it best to settle debt in collections or pay it in full?
'The Credit Guy' expert Todd Ossenfort
Once your debt is in collections, you can choose to pay it all or negotiate a lower amount. Which is better for your credit? More...
 
Authorized user isn't responsible for tax payment
'Credit Score Report' expert Jeremy Simon
A regretful authorized user screwed up his primary cardholder's account, but he can't amend everything.
More...
 
Focus on 'Big 4' expenses when making a budget
'The New Frugal You' expert Gary Foreman
Want to trim expenses to pay off your student loans? Our expert says to look at the four biggest expense areas first.
More...
 
Co-signing your kid's credit? Think twice
'Opening Credits' expert Erica Sandberg
While it's noble to help your child get a jump start on good credit, have a talk and set some rules.
More...
 
More credit card news

Recession's victim: Your credit score
Recent FICO data shows an increasing number of borrowers on the fringes of its scoring range and fewer in the middle. More... 
Emily's list: iPhone death grip edition
This week's best personal finance blogs have no reception issues. More... 
Get matched with the right credit card
CreditCards.com CARDMATCH

Credit card rate report
(as of 7-20-2010)
National Average   14.43%
Business   12.96%
Low Interest   12.18%
Balance Transfer   12.93%
Cash Back   12.63%
Rewards   14.73%
Bad Credit   20.32%
Airline   14.30%
Student   13.96%
Instant Approval   15.99%

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