Thursday, December 8, 2011

This week's top story: Impatient people have lower credit scores

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More credit card news | Credit card help | Credit card videos | Credit card statistics December 8, 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

Study: Impatient people have lower credit scores
An unpublished study found that impatient folks are more likely to blow off their credit card bills or default on their mortgages. More... 
Secrets of professional pickpocket Bob Arno
Time magazine calls him the world's foremost expert on pickpocketing. Arno shares tips on how to protect your wallet from theft this holiday season. More... 
Elderly gain an advocate in Skip Humphrey
Skip Humphrey sees card debt among the elderly as one of the issues he'll tackle in his new job with the Consumer Financial Protection Bureau. More... 
Financial watchdog logs 5,000 card complaints
In more CFPB news, the new agency says complaints about credit cards show that consumers aren't getting what they think they're buying. More... 
Expert credit card advice

Moving may change divorce debt liability
'To Her Credit' expert Sally Herigstad
Dividing up assets and debt in divorce is even more complicated when you've moved between states with different property laws. More...
 
Tips for managing your first business credit card
'Opening Credits' expert Erica Sandberg
Our expert outlines common money mistakes new business owners make when starting a new business on credit.
More...
 
Dad files bankruptcy; daughter pays debt?
'Credit Care' expert Kim McGrigg
A mom worries her daughter will be stuck paying the debt on a card she held jointly with her dad, who has filed for bankruptcy.
More...
 
Changing airline cards shouldn't cost miles
'Cashing In' expert Cathleen McCarthy
Transferring the balance from one airline card to another airline card won't impact the miles that you've already earned. More...
 
More credit card news

Infographic: ID theft jumps 33 percent in five years
Most of ID theft growth comes from the misuse or attempted misuse of an existing credit card account. More... 
Avoid pet debt: Explore low-cost alternatives
With a little bit of searching, you can ferret out low-cost alternatives to pulling out your credit card and paying high veterinary fees. More... 
Get matched with the right credit card
CreditCards.com CARDMATCH

Credit card rate report
(as of 12-8-2011)
National Average   14.98%
Business   13.13%
Low Interest   10.62%
Balance Transfer   12.77%
Cash Back   14.61%
Reward   14.69%
Bad Credit   24.96%
Airline   14.44%
Student   13.77%
Instant Approval   15.49%

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