Friday, August 26, 2016

Survey: Card acceptance for tuition rises -- along with fees

 
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'Cashing In by Tony Mecia
To manage money during travel, carry mix of cards, cash
A balanced approach gives you the most payment options.



 
'Credit Smart by Susan Keating
Card issuers can reduce your credit limit
Banks monitor credit reports, and make adjustments if it sees signs of risk.



 
'Speaking of Credit by Barry Paperno 
How becoming a widow affects credit
Becoming suddenly single won't hurt credit -- if you have your own.
Biometric scanner lets you pay your bar tab by giving the finger
A new biometric scanner debuting next month at a London nightclub links your fingerprint to your credit card.

For some borrowers, debt can literally hurt
A growing body of research suggests that excessive debt not only affects your mental health and well-being, but can make you physically ache.
Rate Report 
Credit Card Rate Report as of 8/26/16

National average 15.19% 
Low interest 11.98%
Business 13.12%
Student 13.42%
Balance Transfer 14.39%
Airline 15.13%
Cash Back 15.32%
Reward 15.30%
Instant approval 18.04%
Bad credit 22.56%
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Friday, August 19, 2016

When your card's big data collection goes from cool to creepy

 
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'Cashing In by Tony Mecia
Not all travel qualifies for rewards bonus points
Check your card's terms to see how it defines "travel."



 
'Opening Credits by Erica Sandberg
Is secured card best for rebuilding credit post-bankruptcy?
If your score is high enough, you may qualify for a regular, unsecured card.



 
'Speaking of Credit by Barry Paperno 
How preapproved offers affect credit
You don't have a lot to worry about, but there are exceptions.
4 stupid mistakes I made after suspecting card fraud
I've made plenty of calls to my card issuers' fraud departments, writes blogger Julie Loffredi, but I've made plenty of mistakes regarding fraud in the past.

Flying as a family may soon be easier and cheaper
Soon, parents may not have to pay extra to sit next to their kids on planes, according to a section of the recently approved reauthorization of the FAA.
Rate Report 
Credit Card Rate Report as of 8/19/16

National average 15.18% 
Low interest 11.98%
Business 13.12%
Student 13.42%
Balance Transfer 14.39%
Airline 15.13%
Cash Back 15.32%
Reward 15.30%
Instant approval 18.04%
Bad credit 22.56%
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Sunday, August 14, 2016

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Friday, August 12, 2016

Back-to-school credit guide 2016

 
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'New Frugal You by Gary Foreman
Managing your fashion-forward teen's clothing allowance
A clothing allowance is a great way to teach fiscal rsponsibility and keep the family's fashion budget under control.



 
'Opening Credits by Erica Sandberg
Credit check not needed for public school loans
Federal school loans, such as those given after applying for the FAFSA, don't take credit into account. So going back to school already in debt could add up quickly.



 
'To Her Credit by Sally Herigstad 
Pay down debt before adding teen to card
A mom who wants to add a 17-year-old to her account should reconsider: Her daughter doesn't need one and Mom needs to control her own balances first.
College students: Prepare for your credit graduation
If you're starting your last year of college, it's time to take control of your financial well-being like a true adult -- but don't freak out.

Parental support for college students prolongs dependence
College students who get financial support from mom and dad may have trouble leaving the next for good, according to this study.
Rate Report 
Credit Card Rate Report as of 8/12/16

National average 15.18% 
Low interest 11.98%
Business 13.12%
Student 13.42%
Balance Transfer 14.38%
Airline 15.08%
Cash Back 15.32%
Reward 15.29%
Instant approval 18.04%
Bad credit 22.56%
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