Tuesday, March 9, 2010

This week's top story: Online shoppers turn to alternative payment forms

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More credit card news | Credit card help | Credit card videos | Credit card statistics March 9, 2010
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CreditCards.com's weekly newsletter features the latest consumer information and updates from the industry's leading source of credit card news.
 
Top credit card stories

Online shoppers turn their backs on credit cards
The poor economy and consumers' growing aversion to carrying large credit card balances may be why alternative forms of payment gain use online. More... 
Fed proposes rules to limit credit card fees
Credit card fees would have to be "reasonable" and inactivity fees would be banned under new rules proposed by the Federal Reserve. More... 
Consumer debt rises for first time in a year
Americans' overall debt level grew in January, even as they continued to shed their credit card balances. More... 
Avoid rental car insurance traps with this checklist
It used to be wise to always decline costly additional insurance policies offered by car rental agencies. But things have changed. More... 
Expert credit card advice

Forgiven debt resurfaces at tax time
'The Credit Guy' expert Todd Ossenfort
If you receive a Form 1099-C for a forgiven debt you don't recall having, clear it up fast or you'll have to declare it as income. More...
 
3 ways to rebuild your credit after wage garnishment
'Opening Credits' expert Erica Sandberg
On-time payments made via wage garnishment won't boost your credit score, but you can take steps to improve your standing.
More...
 
Best use for inheritance: pay debt or create savings?
'To Her Credit' expert Sally Herigstad
A reader inherits money and wants to be debt free, but wonders if it wouldn't be smarter to put that cash toward retirement.
More...
 
When refinancing, closing cards can cost you
'Credit Score Report' expert Jeremy Simon
When considering a home refinancing, experts say the last thing you should do is close any credit card accounts.
More...
 
Taking Charge: A CreditCards.com blog

SNL all-stars take on consumer protection
Consumer protection brings together an all-star cast of "Saturday Night Live" ex-president doppelgangers. More... 
ID theft: Young, savvy and vulnerable
Guest blogger Nicholas Farina warns young adults of revealing too much personal informaion when social networking. More... 
Popular cash back card
Chase Freedom credit card

Credit card rate report
(as of 3-9-2010)
National Average   14.39%
Business   11.70%
Low Interest   12.38%
Balance Transfer   12.71%
Cash Back   12.61%
Rewards   14.82%
Bad Credit   21.14%
Airline   14.37%
Student   14.61%
Instant Approval   18.41%

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Tuesday, March 2, 2010

This week's top story: New right to contest bad credit report data

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More credit card news | Credit card help | Credit card videos | Credit card statistics March 2, 2010
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CreditCards.com's weekly newsletter features the latest consumer information and updates from the industry's leading source of credit card news.
 
Top credit card stories

Credit report error? Take it up with the merchant
Starting this summer, if a merchant puts inaccurate information on your credit report, you can force them to investigate the problem. But you have to do it right. More... 
APRs surge higher as card reform arrives
Banks jacked interest rates to record levels, getting in their final licks against consumers ahead of the new credit card regulations. More... 
Credit card foreign transaction fees going up
As some card issuers have increased their foreign exchange fees, find out how much using your credit and debit cards will ultimately cost. More... 
New rules aim to rein in 'free' credit report firms
The FTC issues new rules forcing those offering not-really-free credit reports to disclose prominently that they're not really free. More... 
Expert credit card advice

CARD Act won't prevent annual fees for your plastic
'The Credit Guy' expert Todd Ossenfort
As card issuers struggle to recoup revenue, many are instituting annual fees. The good news: Your APR is protected. More...
 
5 steps to clear a minor of illegal credit card debt
'Opening Credits' expert Erica Sandberg
A grandparent wants to know how she can make sure her grandson isn't liable for card debt his mom charged in his name.
More...
 
Protecting the elderly from credit card collectors
'To Her Credit' expert Sally Herigstad
Credit card terms and conditions can get perplexing for the elderly who suffer from dementia. Here's how to help.
More...
 
Sharing a roof doesn't mean sharing a bankruptcy
'Credit Score Report' expert Jeremy Simon
Adult children who share an address with a parent don't need to share credit score damage when that parent files for bankruptcy.
More...
 
Taking Charge: A CreditCards.com blog

PF Carnival: March is the month for... what?
Enjoy this week's best of personal finance blogs, based on "Chase's Calendar of Events." More... 
Cartoon: New card law puts on a happy face
Of all the commentary on the new credit card law, our blogger thinks this cartoon by Joe Heller of the Green Bay Press-Gazette is the most succinct. More... 
Popular cash back card
Chase Freedom credit card

Credit card rate report
(as of 3-2-2010)
National Average   14.62%
Business   11.32%
Low Interest   12.23%
Balance Transfer   12.64%
Cash Back   12.61%
Rewards   14.42%
Bad Credit   25.99%
Airline   14.37%
Student   14.61%
Instant Approval   18.41%

Personal finance tools
Credit card calculators
Credit card finder
Shop by profile
Privacy resources
Credit score estimator
Best credit cards

Search by card type
Low interest
Balance transfer
0% APR credit cards
Instant approval cards
Reward credit cards
Cash back credit cards
Airline credit cards
Business credit cards
Student credit cards
Prepaid and debit cards
Credit card specials

Stay connected
Follow us on Twitter!
Become a fan!
RSS news feeds

Taking Charge: A CreditCards.com blog


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