Tuesday, February 15, 2011

This week's top story: Banks shun medical marijuana sellers

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More credit card news | Credit card help | Credit card videos | Credit card statistics February 15, 2011
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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

Banks shun medical marijuana sellers
Pot merchants, selling legally under state laws, are ousted by major credit card issuers, but a few entrepreneurs see a budding opportunity. More... 
8 ways to resist temptation once your debts are paid
Now that your statements read zero and the spending limits are high, a delicious sense of freedom is calling. How do you resist? More... 
10 ways business credit cards are different
Business cards offer several distinct advantages over regular plastic. However, they don't have all the same protections. More... 
6 exceptions to paying tax on forgiven debt
Before you write that check to the IRS for forgiven debt, see if you qualify for one of these six exceptions to paying tax on debt you didn't have to pay. More... 
Expert credit card advice

How loan applications hurt your credit score
'Credit Score Report' expert Jeremy M. Simon
When applying for a loan, be prepared for a small ding to your credit score as lenders check your creditworthiness. More...
 
When you marry Mr. Debt, be prepared to pay
'To Her Credit' expert Sally Herigstad
Exchanging vows with a debt-laden spouse doesn't make his debts yours, but it puts your relationship on high alert.
More...
 
Be vigilant if you suspect ID theft
'The Credit Guy' expert Todd Ossenfort
A reader questions whether he should be concerned about a card offer sent to his home, but addressed to a family relative.
More...
 
The truth about Social Security and garnishment
'Opening Credits' expert Erica Sandberg
Social Security benefits typically can't be garnished. But you may want to separate them from other funds, just in case. More...
 
More credit card news

Credit card APRs remain near record highs
Credit card interest rates on new card offers were unchanged this week, lingering near record highs. More... 
New card-sized gadgets help you shave, pick locks
Blogger Jeremy M. Simon reviews the latest in credit card-sized instruments of destruction. More... 
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Credit card rate report
(as of 2-15-2011)
National Average   14.73%
Business   12.91%
Low Interest   12.03%
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Cash Back   12.48%
Rewards   14.36%
Bad Credit   24.95%
Airline   14.30%
Student   13.42%
Instant Approval   15.99%

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