Tuesday, August 3, 2010

This week's top story: True Black Card tales

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More credit card news | Credit card help | Credit card videos | Credit card statistics August 3, 2010
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Top credit card stories

True tales of the American Express Black Card
This hard-to-get credit card, with its unusual black appearance and hefty metal weight, does more than ensure access to airport lounges. More... 
FTC bans upfront fees for debt settlement firms
For-profit debt settlement companies won't be able to charge consumers advance fees before they actually settle their debts. More... 
Obscure score may land you a better credit card deal
Fallen out of love with your credit card issuer? Chances are the bank already knows about your wandering eye, thanks to the "attrition-risk" score. More... 
Video: How a credit card is processed
Find out what happens after you swipe your plastic with this animation showing the complex, multiparty operation that is credit card processing. More... 
Expert credit card advice

Is Dad liable for late stepmom's card debt?
'The New Frugal You' expert Gary Foreman
Responsibility for debt after the debtor's death comes down to who signed the contract and what state they live in. More...
 
Exactly what a 'pre-screened' card means
'Credit Score Report' expert Jeremy Simon
The term "pre-screened" means that the banks have pulled some pretty specific detailed personal information on you.
More...
 
Don't pay a collector's dubious debt without proof
'To Her Credit' expert Sally Herigstad
If a collector asks for payment on a very old debt you don't remember, you're likely being scammed.
More...
 
3 steps to take after destroying parents' credit
'Opening Credits' expert Erica Sandberg
A son did major damage to his father's credit. Our expert gives advice on how to fix the relationship as well as his credit.
More...
 
More credit card news

Emily's list: California's red ink edition
Don't suffer the Golden State's fate. Check out these money blog posts. More... 
Credit card APRs rise after Chase adjusts offer
Interest rates on new credit cards rose last week after Chase adjusted one of its card offers, according to CreditCards.com's Weekly Rate Report. More... 
Get matched with the right credit card
CreditCards.com CARDMATCH

Credit card rate report
(as of 8-3-2010)
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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