Thursday, February 23, 2012

This week's top story: Why the mortgage, card rate gap?

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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

Why the mortgage, credit card interest rate gap?
Mortgage rates are near all-time lows while credit card rates are near all-time highs, and the gap between the two is wider than ever. What gives? More...
 
 
Watchdog to oversee collectors, credit bureaus
The Consumer Financial Protection Bureau announced its plans to oversee the nation's largest debt collectors and credit reporting bureaus. More... 
Q&A: 'The Behavior Gap' author Carl Richards
Richards, who draws financial concepts on napkins for the New York Times, stunned family and friends when he walked away from his mortgage. More... 
How to donate unused rewards miles, points
If your miles are about to expire, don't rush out and spend them just to get rid of them. Donate them to charity instead. More... 
Expert credit card advice

Don't restart the clock on expired debts
'To Her Credit' expert Sally Herigstad
If a collection firm contacts you on a debt that has passed the statute of limitations, don't ignore it, but don't reaffirm the debt. More...
 
Do debt help plans hurt your credit?
'Opening Credits' expert Erica Sandberg
With $35,000 in debt, a couple entered into a debt management plan for help, but worry how it will impact their credit scores.
More...
 
Is mom's account safe from your creditors?
'Credit Care' expert Tanisha Warner
A debt-ridden woman worries her creditors may come after funds in an account she holds jointly with her mom.
More...
 
How to maximize the value of your rewards card
'Cashing In' expert Cathleen McCarthy
Can't decide on a rewards card? The most important thing to consider is whether the card will match your spending habits. More...
 
More credit card news

Why dating and credit cards are alike
Our guest blogger says the same steps you take to improve your love relationships can be used to improve your relationship with credit cards. More... 
Video: Avoid the credit card balance transfer trap
Cut through the clutter and save time, money and aggravation by making the most of your credit card balance transfer. More... 
Get matched with the right credit card
CreditCards.com CARDMATCH

Credit card rate report
(as of 2-23-2012)
National Average   14.91%
Business   13.13%
Low Interest   10.40%
Balance Transfer   12.60%
Cash Back   14.45%
Reward   14.73%
Bad Credit   23.41%
Airline   14.54%
Student   13.77%
Instant Approval   15.49%

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Taking Charge: A CreditCards.com blog


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Thursday, February 16, 2012

This week's top story: 2012 survey of cash-back cards

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More credit card news | Credit card help | Credit card videos | Credit card statistics February 16, 2012
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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

2012 cash-back credit cards survey
Since the recession, cash-back cards have become more popular, but as issuers respond to demand, they are creating cards with more rules and limits that are difficult to understand. More...
INTERACTIVE: Compare 50 top cash-back credit cards
 
Canceled-debt tax exemption little used
People who qualify for an exemption to avoid paying taxes on forgiven card debt don't take advantage of it because the IRS makes it too complicated. More...
PLUS: Canceled debt tax notices riddled with problems
 
Late on your card bill? Your car could be seized
Many may not realize that the car they're financing through their credit union also could be used as collateral for another debt, such as a credit card. More... 
Cash emergency? Tap life insurance instead
The next time you need fast cash, you might want to review the terms of your life insurance policy before pulling out your plastic. More... 
Expert credit card advice

Ex racks up $40,000 on joint credit card
'To Her Credit' expert Sally Herigstad
After finally becoming debt-free, a reader is dismayed to find her ex has racked up card debt on two old credit cards in her name. More...
 
Best practices for first credit card
'Opening Credits' expert Erica Sandberg
Managing your first card correctly sets the stage for great credit. Use it wrongly and you can spend years fixing your mistakes.
More...
 
Debt management plan or Chapter 13?
'Credit Care' expert Tanisha Warner
In debt and hit with a pay cut, is filing for bankruptcy or seeking out the help of a credit counselor the best avenue?
More...
 
Weigh impact of closing miles card
'Cashing In' expert Cathleen McCarthy
Before you cancel your airline miles card in a frustrated huff, stop, take a deep breath, and consider the impact on your credit. More...
 
More credit card news

High card art: artists inspired by plastic
Five innovative artists reveal the motivations and messages behind their work -- and how to properly mangle a card for artistic effect. More... 
H&R Block's guarantee doesn't mean you won't pay
Blogger Matt Schulz found out the hard way that even when the tax prep giant lives up to its guarantee, you can still end up owing Uncle Sam. More... 
Get matched with the right credit card
CreditCards.com CARDMATCH

Credit card rate report
(as of 2-9-2012)
National Average   14.91%
Business   13.13%
Low Interest   10.40%
Balance Transfer   12.60%
Cash Back   14.45%
Reward   14.73%
Bad Credit   23.41%
Airline   14.54%
Student   13.77%
Instant Approval   15.49%

Personal finance tools
Credit card calculators
Credit card finder
Shop by profile
Privacy resources
Credit score estimator
Best credit cards

Search by card type
Low interest
Balance transfer
0% APR credit cards
Instant approval cards
Reward credit cards
Cash back credit cards
Airline credit cards
Business credit cards
Student credit cards
Prepaid and debit cards
Credit card specials

Stay connected
Follow us on Twitter!
Become a fan!
RSS news feeds

Taking Charge: A CreditCards.com blog


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