Thursday, June 21, 2012

This week's top story: 5 traits that can signal poor credit

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More credit card news | Credit card help | Credit card videos | Credit card statistics June 21, 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

5 traits that can signal a low credit score
Your sex, where you live, when you were born and certain habits all tend to correspond to how high or low your credit score is. More... 
Fed agency goes public with card complaints
The federal Consumer Financial Protection Bureau is opening credit card complaints to public scrutiny for the first time. More... 
What VantageScores are, how they work
FICO scores may get all the attention, but your loan may be judged through its less widely used competitor, the VantageScore. More... 
Feds question tribal payday lending companies
Native Americans have long had rights of sovereign immunity -- but are they broad enough to cover payday lending? More... 
Expert credit card advice

How to fix surprise credit report errors
'To Her Credit' expert Sally Herigstad
You're ready to buy a home, pull your credit reports and surprise! Loan-killing mistakes are on them. What do you do? More...
 
Student loan default squeezes broke mom
'Opening Credits' expert Erica Sandberg
His mom co-signed his student loan, which went into default and she's now destitute. What should her son do to fix things?
More...
 
If you're judgment-proof, should you pay?
'Credit Care' expert Tanisha Warner
An elderly couple with just Social Security and a military pension probably are untouchable by debt collectors and the courts.
More...
 
The battle of generic versus frequent flier miles
'Cashing In' expert Cathleen McCarthy
Airline-specific and generic travel credit cards offer and redeem travel miles differently, so learn which is best for you. More...
 
Credit card blogs

Infographic: Credit card mail offers plunge
Credit card mail offers are plummeting, according to recent data. Will the dive that began in December 2011 continue? More... 
Putting our cards to the test while traveling
Blogger Cynthia Drake and her husband decided to engage in a little subversive credit card test on a three-week trip. More... 
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Credit card rate report
(as of 6-21-2012)
National Average   14.92%
Business   12.67%
Low Interest   10.40%
Balance Transfer   12.46%
Cash Back   14.24%
Reward   14.71%
Bad Credit   23.64%
Airline   14.63%
Student   13.77%
Instant Approval   15.49%

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