Thursday, April 19, 2012

This week's top story: How to combat financial cyberchondria

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More credit card news | Credit card help | Credit card videos | Credit card statistics April 19, 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

How to combat 'financial cyberchondria'
Turns out reading tweets, Facebook status updates and Google+ posts create a whole new kind of stress beyond "is my former high school flame still single?" More... 
7 common credit report myths debunked
Credit bureau experts detail the most common misconceptions consumers have about their credit reports and clarify them. More... 
Gen Y has a taste for plain vanilla cards
Gen Y-ers are leading the trend away from rewards-laden cards and toward no-frills cards with financial management tools. More... 
Debt settlement law firms sued
When the FTC banned upfront fees for debt settlement firms, law firms began offering the same services -- and charging upfront fees. More... 
Expert credit card advice

'Residual interest' makes card bills tough to pay off
'To Her Credit' expert Sally Herigstad
You thought you paid off your card's entire balance, but then you're hit with not one, but two, bills saying you still owe. Why? More...
 
First credit card rules of the road
'Opening Credits' expert Erica Sandberg
Your first credit card can be an opportunity to build good credit or create a financial disaster.
More...
 
Piggyback properly to boost credit
'Credit Care' expert Tanisha Warner
Having the bad credit person add the good credit person as an authorized user won't help -- and could hurt.
More...
 
Is airport lounge access a real reward?
'Cashing In' expert Cathleen McCarthy
A newbie business traveler questions the value of airport lounge access if she decides to apply for a new frequent flier credit card. More...
 
More credit card news

Bankruptcies continue to slide
Bankruptcy filings continued their decline nationally in the first quarter of 2012, nowhere more sharply than Nevada. More... 
Who still walks into a bank to do business?
Blogger Connie Prater recalls the bygone era of long teller lines and questions why we need so many brick-and-mortar branches anymore. More... 
Get matched with the right credit card
CreditCards.com CARDMATCH

Credit card rate report
(as of 4-19-2012)
National Average   14.91%
Business   12.67%
Low Interest   10.40%
Balance Transfer   12.43%
Cash Back   14.24%
Reward   14.70%
Bad Credit   23.64%
Airline   14.63%
Student   13.77%
Instant Approval   15.49%

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