Thursday, July 5, 2012

This week's top story: 'Rapid rescore' fixes flawed credit reports

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More credit card news | Credit card help | Credit card videos | Credit card statistics July 5, 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

'Rapid rescore' fixes flawed credit reports
A few credit score points can mean the difference between a good mortgage rate, a lousy one or getting a loan at all. But take heart: If errors are dragging down your score, you can get them fixed, just in time for your much-anticipated closing. More... 
The debilitating descent of drug-related debt
Substance abuse results in more than health and relationship wreckage: Financial disaster often follows, often leading to financial ruin. More... 
8 ways to keep cards safe when traveling
Travel season is theft season. How do you guard your cards from Australian spielers, Brazilian ladrãos or plain ol' American crooks? More... 
IRS to hospitals: Go easy on debtors
Low-income consumers behind on medical bills will be spared the worst collection tactics under IRS rules that grew out of the health care law. More... 
Expert credit card advice

Don't use IRA funds to pay off mortgage
'To Her Credit' expert Sally Herigstad
Paying off a mortgage when you retire, even if you have to use retirement funds to do so, sounds appealing. But is it wise? More...
 
Late start on credit won't stop mortgage
'Opening Credits' expert Erica Sandberg
At 39, with just one credit card, a reader wants to boost her score to qualify for a future mortgage. What are her options?.
More...
 
If layoff looms, don't touch your 401(k)
'New Frugal You' expert Gary Foreman
With your head on the chopping block at work, that retirement nest egg may be tempting, but you're sure to regret it later.
More...
 
Aisle, window seats trigger new airline fee
'Cashing in' expert Cathleen McCarthy
The skies may be friendly, but families in flight are angered by extra fees they may have to pay in order to sit next to their kids. More...
 
More credit card news, blogs

Small business returning to bank loans
Small-business owners seeking funding now see bank loans as their first option, not business credit cards. More... 
Merging money hardest part of marriage
Marriage means merging lives and the tricky act of merging finances. If only Cupid were a CPA. More... 
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Credit card rate report
(as of 7-5-2012)
National Average   14.91%
Business   12.67%
Low Interest   10.40%
Balance Transfer   12.46%
Cash Back   14.24%
Reward   14.75%
Bad Credit   23.64%
Airline   14.63%
Student   13.31%
Instant Approval   15.49%

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