Thursday, October 17, 2013

This week's top story: 7 jobs that require great credit


Weekly newsletter: Oct. 17, 2013
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Top credit card news Expert advice

7 jobs that require great credit

'Let's Talk Credit' by Jane McNamara
Some people believe that when a debt is charged off, the obligation to pay is gone. Not so. Collectors have the legal right to pursue, and sue, you.  More...
'To Her Credit' by Sally Herigstad
If you just got new plastic, but a more attractive offer comes in the mail, would it be OK to cancel the first card and apply for the second? More...
'Cashing In' by Cathleen McCarthy
With major airline alliance partners, you can usually book your flight in the same way you would a flight on the airline that holds your award miles.  More...
While not all employers check your credit reports, some jobs require it. Make sure your credit is squeaky clean before trying for one of these jobs ... (See Great credit required)
Courts are setting higher standards for debt buyers to prove their right to charge you interest after a bank has written off your debt ... (See Charged-off debt)
A card processor's decision to stop authorizing legal gun sales from a large North Carolina gun shop has sparked a fight over firearms, freedom ... (See Gun sales)
 
Blog: Taking Charge RATE REPORT
America's existing credit cards of embossed account numbers and magnetic stripes are ready for retirement. Behold a new process announced by a scientist in Great Britain that promises to embed card data directly into the card plastic, obviating the need for holograms and other doodads. More...
Surprisingly, college-age students are less likely to default on a credit card, says a new study, calling into question the wisdom of the Credit CARD Act of 2009's restrictions on granting cards to the younger crowd. More...
Credit card rate report
as of 10/17/2013
National Average 15.03%
Business 12.98%
Low Interest 10.46%
Balance Transfer 12.49%
Cash Back 14.62%
Reward 14.87%
Bad Credit 23.48%
Airline 14.51%
Student 13.27%
Instant Approval 28.00%

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