Tuesday, November 30, 2010

This week's top story: Home-shopping addiction and debt

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More credit card news | Credit card help | Credit card videos | Credit card statistics November 30, 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

Home shopping addiction: A fast path to card debt
If the lure of home shopping television networks such as QVC and HSN is causing you to bust your budget or descend into debt, it's time to switch channels -- perhaps permanently. More... 
10 expenses to cut to slash credit card debt
As your card balances grow, it's time to take a hard look at where you can free up some cash quickly to pay the debt down. More... 
Credit card agreements still mostly unreadable
Several months after analyzing the readability of credit card contracts posted on the Web, we found that there's been little improvement. More... 
Gift cards 2010: More consumer friendly
New gift card regulations, incentives and conveniences give consumers more reasons than ever to jump on the gift card bandwagon. More... 
Expert credit card advice

How interchange fee changes could impact you
'New Frugal You' expert Gary Foreman
Cash payers had been subsidizing card users at stores, but that system's under fire and could jeopardize rewards and prices. More...
 
Can you freeze an individual credit card?
'Credit Score Report' expert Jeremy M. Simon
While a credit freeze impacts new accounts, it takes a different approach to prevent the use of an existing account.
More...
 
Shared card accounts can lead to headaches
'The Credit Guy' expert Todd Ossenfort
Whether you're an authorized user or a joint account holder, mistakes, confusion may reign when severing a credit relationship.
More...
 
Retired, in debt: Is bankruptcy the answer?
'To Her Credit' expert Sally Herigstad
After years of borrowing, a couple's debt-laden retirement is forcing them to make some hard decisions.
More...
 
More credit card news

Card rates fall for second straight week
Credit card interest rates continued to fall this week, pushed lower by a business credit card. More... 
Limits proposed on how OTC medicines are bought
Group seeks reprieve for using medical accounts to buy over-the-counter medicine. More... 
Get matched with the right credit card
CreditCards.com CARDMATCH

Credit card rate report
(as of 11-30-2010)
National Average   14.74%
Business   12.91%
Low Interest   11.87%
Balance Transfer   12.80%
Cash Back   12.59%
Rewards   14.39%
Bad Credit   24.64%
Airline   14.45%
Student   14.49%
Instant Approval   15.99%

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