Tuesday, November 9, 2010

This week's top story: Debt's most tragic toll: murder-suicide

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

Debt's most tragic toll: murder-suicide
While a poor economy doesn't make someone abusive, financial hardship can turn someone already on the edge into a violent criminal. More... 
Ways your credit card can make you 'elite'
Achieving elite status on a frequent flier program may be easier than you think -- especially if you have the right credit card. More... 
How credit histories impact insurance costs
Insurers increasingly use scoring models that incorporate data from policyholders' credit reports to determine the cost of car, home coverage. More... 
Why 100 words may get you a job
More employers are checking credit reports, so if your credit is dinged, adding a 100-word explanation can set the record straight. More... 
Expert credit card advice

Does saving trump carrying card debt?
'The Credit Guy' expert Todd Ossenfort
A reader has saved $70,000, but only pays the minimum on a $14,000 card debt. Our expert questions her financial logic. More...
 
How your age figures into debt collectibility
'Credit Score Report' expert Jeremy M. Simon
A reader's dad lapsed on paying her medical bills. But is his daughter too young to be pursued by collectors?
More...
 
Think twice about sharing card accounts with kids
'Opening Credits' expert Erica Sandberg
Beware of making an adult kid an authorized user or joint account holder. Their "innocent" mistakes can clobber your credit.
More...
 
3 ways to pay off your mortgage early
'To Her Credit' expert Sally Herigstad
With 12 years and $65,000 left to go on her mortgage, a reader wants to know how to go about paying it off in five years or fewer.
More...
 
More credit card news

Credit card balances fall for 25th straight month
Consumer credit card balances plunge more than $8 billion, according to the Fed's latest monthly report on consumer credit. More... 
Walmart rate hike sends average APRs to record high
Interest rates on new credit card offers rose to record highs this week, following a rate hike on Walmart's Discover card. More... 
Get matched with the right credit card
CreditCards.com CARDMATCH

Credit card rate report
(as of 11-9-2010)
National Average   14.76%
Business   13.05%
Low Interest   11.87%
Balance Transfer   12.83%
Cash Back   12.64%
Rewards   14.43%
Bad Credit   24.64%
Airline   14.45%
Student   14.49%
Instant Approval   15.99%

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