Thursday, February 7, 2013

This week's top story: Big credit counseling agencies pay big salaries

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More credit card news | Credit card help | Credit card videos | Credit card statistics February 7, 2013
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The latest news and advice from CreditCards.com.
 
Top credit card stories

Big credit counseling agencies pay salaries that match
Their clients are financially struggling, but many executives at the largest nonprofit credit counseling agencies are pulling down salaries that put them in the top 1 percent of U.S. earners. More...
Slideshow: Top 10 credit counseling agencies and executive pay
 
Behind the credit counseling curtain
People turn to nonprofit credit counseling for help paying back their debts and avoiding bankruptcy. Often, that's not how it works out. More... 
Feds bust record $200 million card fraud
A New Jersey-based fraud ring stole more than $200 million by creating 7,000 false identities to ring up fraudulent charges over a span of years. More... 
6 exceptions to paying tax on forgiven debt
If you had forgiven debt, odds are you'll have to pay taxes on it -- unless you qualify for one of these six exceptions. More... 
Expert credit card advice

Rolling card debt into mortgage refinance?
'To Her Credit' expert Sally Herigstad
A couple with huge card debt and a high-interest mortgage wonders if rolling the debt into a low-rate refinance makes sense. More...
 
3 steps to rebuild a thin credit file
'Opening Credits' expert Erica Sandberg
After getting into card trouble a decade ago, he gave up using plastic. Now he wants to dive back in, but can he qualify? More...
 
Which cards should your small business accept?
'Your Business Credit' expert Elaine Pofeldt
Generally speaking, the more payment options you offer, the easier it will be to make sales. But you have to consider the costs.
More...
 
Boost love, rewards with Valentine's buys
'Cashing In' expert Cathleen McCarthy
You can score points from your honey and for yourself by using a rewards card that is running a Valentine's Day promotion.
More...
 
'Taking Charge' blogs and videos

Expense tracking apps help chart future course
Blogger Yasmin Ghahremani tried out a few expense tracking apps for a little dose of personal finance medicine. More... 
Financial data reporting now including salary info?
NBC News.com reports that many employers are joining in the data sharing game by supplying your income records to an Equifax-owned company. More... 
Get matched with the right credit card
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Credit card rate report
(as of 2-7-2013)
National Average   14.96%
Business   13.13%
Low Interest   10.29%
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Cash Back   14.17%
Reward   14.76%
Bad Credit   23.64%
Airline   14.63%
Student   13.31%
Instant Approval   15.49%

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