Wednesday, September 7, 2011

This week's top story: New card complaint center off to rocky start

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More credit card news | Credit card help | Credit card videos | Credit card statistics September 7, 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

Federal credit card complaint system off to rocky start
The new Consumer Financial Protection Bureau's complaint system was supposed to help consumers resolve disputes with credit card issuers, but is coming under fire for possibly bungling cases. More... 
Rate survey: Card APRs rise to record high
The average annual percentage rate (APR) on new credit card offers hit 14.94 percent, topping the previous record of 14.91 set in early July. More... 
5 ways to rebuild credit after bankruptcy
The recession ushered in a tidal wave of bankruptcies. Here are five ways to re-establish your creditworthiness. More... 
Issuers catch on to refer-a-friend programs
Refer-a-friend programs have existed for decades in various industries, and financial services companies have finally caught on. More... 
Expert credit card advice

Payment history trumps all in credit scoring
'Credit Score Report' expert Jeremy Simon
Shortening your credit history by removing an old delinquent account is preferable to leaving it on your credit report indefinitely. More...
 
Cashing in miles? Make sure it's worth it
'Cashing In' expert Cathleen McCarthy
Spending miles on an otherwise affordable flight isn't the wisest choice, our expert says.
More...
 
Boost savings with temporary budget cuts
'Opening Credit' expert Erica Sandberg
How do you save thousands over a short period, especially when you have a tendency to overspend? First, see where you stand.
More...
 
When good gift cards go bad
'To Her Credit' expert Sally Herigstad
Retailers, like people, go bankrupt, leaving creditors holding the bag. So when it comes to gift cards, limit your exposure. More...
 
More credit card news

Colorado medical pot shops face banking hurdles
Medical marijuana retailers continue to be shunned by banks unwilling to provide account services. More... 
Emily's list: Debt and depression edition
The recent death of a reality TV personality makes our blogger consider the very real ties between debt and depression. More... 
Get matched with the right credit card
CreditCards.com CARDMATCH

Credit card rate report
(as of 9-7-2011)
National Average   14.94%
Business   12.91%
Low Interest   10.73%
Balance Transfer   12.73%
Cash Back   13.90%
Reward   14.57%
Bad Credit   24.96%
Airline   14.31%
Student   13.77%
Instant Approval   15.99%

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