Thursday, September 6, 2012

This week's top story: Rejected for credit? Maybe you're dead

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More credit card news | Credit card help | Credit card videos | Credit card statistics September 6, 2012
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Top credit card stories

Rejected for credit? It could be because you're dead
Rejected for a loan because your credit history was shut down? It could be because the credit bureaus mistakenly have you listed as deceased. More... 
How to say no to loved one's money requests
There's nothing wrong with wanting to help a loved one in a financial lurch, but not if it will derail your own finances. Know when to say no. More... 
Libor, fed funds rate, prime rate: A primer
Confused by the difference between Libor and prime? Here's all you need to know about the benchmark interest rates that help set your loans. More... 
Video: Busting debt-settlement myths
Too much debt? Some debt settlement firms' promises sound too good to be true, and this video exposes the truth behind the hype. More... 
Expert credit card advice

How a friendly loan can turn ugly
'To Her Credit' expert Sally Herigstad
Lending money to friends is risky, especially if you use your credit card to fund it. What do you do when they stop paying the bills? More...
 
New immigrant credit rules of the road
'Opening Credits' expert Erica Sandberg
New to the country? Common credit reporting myths cloud an already complicated system, making it even harder to understand.
More...
 
Negotiating debt vs. paying off delinquency
'Credit Care' expert Tanisha Warner
Card issuers aren't likely to settle on an account that isn't incredibly delinquent -- and if they do, it could hurt your credit.
More...
 
Are chip cards necessary for charging overseas?
'Cashing In' expert Cathleen McCarthy
Looking to maximize rewards when traveling abroad? For now, forget chip-and-PIN. Your best bet is still the mag stripe card.
More...
 
Credit card blogs

Don't track my buys, Argentina
The Argentine government will now monitor its citizens' card use to clamp down on foreign purchases and encourage local spending. More... 
Will punching PIN in reverse at ATM alert cops?
An old urban myth is getting passed around via email again, and it's as false as it ever was. More... 
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Credit card rate report
(as of 9-6-2012)
National Average   14.98%
Business   13.13%
Low Interest   10.40%
Balance Transfer   12.62%
Cash Back   14.47%
Reward   14.82%
Bad Credit   23.64%
Airline   14.63%
Student   13.16%
Instant Approval   15.49%

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