Thursday, June 7, 2012

This week's top story: Making political donations with plastic: Be wary

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

Use caution with credit card political donations
This election season, it's easier than ever to use your credit card to give to your favorite candidate or cause. But don't let the bunting and balloons dull your senses. Take appropriate precautions or your credit can fall in value faster than last year's campaign promise. More... 
Should card complaints be open to the public?
The Consumer Financial Protection Bureau considers whether to make credit card complaints publicly available, and banks don't like it. More... 
How to opt out of your card's privacy statement
These aren't junk mail: Open, read and act on your yearly credit card opt-out statements to limit how banks share your personal data. More... 
Turning miles into cash gains favor
After years of talking about it, the credit card loyalty program industry is launching programs where rewards can be converted into cash. More... 
Expert credit card advice

Steps to protect funds from garnishment
'To Her Credit' expert Sally Herigstad
Being sued for credit card debt when you are broke and disabled is disheartening, but you need to take steps to defend yourself. More...
 
Getting debt free means stashing the plastic
'Opening Credits' expert Erica Sandberg
Sure, there are all kinds of credit products out there, but when paying off debt, the best option is to be plastic-free for awhile.
More...
 
Is new collection on old debt legal?
'Credit Care' expert Tanisha Warner
Federal and state laws limit collection agencies from chasing you down over a car loan debt more than a decade old.
More...
 
Want to trade in unused credit card rewards?
'Cashing In' expert Cathleen McCarthy
Before you cancel a rewards card that doesn't suit you anymore, third-party websites offer a way to cash in leftover rewards. More...
 
More credit card news

Fed: Consumers cooling on credit
Fewer consumers applied for credit in the first quarter of 2012, according to new Federal Reserve data, while many remain shy about piling on debt. More... 
Rescue your credit card: Hurricane money tips
Money experts remind people in hurricane-prone zones to take a few minutes to prepare their fiscal assets. More... 
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