Tuesday, October 12, 2010

This week's top story: Card issuers must 'cure' penalty interest rates

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More credit card news | Credit card help | Credit card videos | Credit card statistics October 12, 2010
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Top credit card stories

Credit card issuers required to 'cure' penalty rates
Socked with a sky-high penalty APR after missing a couple of payments? New federal rules give you a chance to get your old interest rate back. More... 
Why we fall for these 5 credit card urban legends
A secret way to ditch debt, the collector who wants $0 and battling Osama with your card -- why these 5 urban legends appeal to us. More... 
Carole and Don Carroll: Debt-free after 30 years
The Carrolls once balanced $88,000 on more than 12 credit cards. Now they are debt free and honored for their efforts. More... 
Parents who steal their kids' identities
It's a crime that can go undetected for years and appears to be happened more often. How do you detect, fix identity theft by a parent? More... 
Expert credit card advice

Use caution when assuming another's debts
'The Credit Guy' expert Todd Ossenfort
A reader wants to transfer her partner's card debt to her card. Our expert outlines the risks she's taking on. More...
 
Canceled cards don't leave your credit report quickly
'Credit Score Report' expert Jeremy M. Simon
Closing an old card will get it removed from your credit report -- eventually -- but that's not necessarily good for your credit.
More...
 
Tackle card fraud fast, no matter who's to blame
'Opening Credits' expert Erica Sandberg
A student's credit was ruined when her parents stole her identity and ran up debts. Now collectors are calling.
More...
 
There's no easy way to make debt disappear
'To Her Credit' expert Sally Herigstad
A couple facing wage garnishment wants to know where to turn to get rid of debt. Our expert warns against debt elimination scams.
More...
 
More credit card news

Consumer card debt sees 24th straight drop
Consumer credit card debt has now fallen for two full years, says data released last Thursday by the Fed. More... 
Video: 4 ways to know if it's time for a new credit card
Is it time to trade your old credit card for a new one? Here are four questions to ask to help you find out. More... 
Get matched with the right credit card
CreditCards.com CARDMATCH

Credit card rate report
(as of 10-12-2010)
National Average   14.35%
Business   12.85%
Low Interest   12.06%
Balance Transfer   12.81%
Cash Back   12.55%
Rewards   14.40%
Bad Credit   21.04%
Airline   14.37%
Student   14.49%
Instant Approval   16.49%

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Tuesday, October 5, 2010

This week's top story: You went into debt for THAT?

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More credit card news | Credit card help | Credit card videos | Credit card statistics October 5, 2010
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CreditCards.com's weekly newsletter features the latest consumer information and updates from the leading source of credit card news.
 
Top credit card stories

You went into debt for THAT?! Bad charging tales
There's a right way and a wrong way to use plastic. And then there are those baffling, stunningly bad decisions when people pull out plastic for all the wrong reasons. More... 
Can credit card debt follow you abroad?
Leaving the country and your credit card debts behind may sound appealing, but it could come back to haunt you. More... 
5 ways to know you've got the wrong credit card
You have a closet full of clothes you adored as a teenager, but that doesn't mean you'd wear them now, right? The same thing goes for your credit card. More... 
15 questions to ask a credit counselor
Knowing what to ask will help you be prepared before, during and after your initial credit counseling session. More... 
Expert credit card advice

Student loans in default: What are your options?
'The Credit Guy' expert Todd Ossenfort
A reader has huge student loans, but dropped out of college and is making only $200 a week. She wonders what her options are. More...
 
When a parent's 'favor' can ruin your credit
'Credit Score Report' expert Jeremy M. Simon
A son wants to be removed as an authorized user on his dad's business card after his father starts to miss payments.
More...
 
Kids aren't responsible for parents' old debts
'Opening Credits' expert Erica Sandberg
A reader's parents didn't pay the bill for private grade-school tuition. Now that she's grown, collectors are calling her for payment.
More...
 
How to haggle to reduce card debt and rates
'New Frugal You' expert Gary Foreman
You've heard the ads promising quick and easy debt reduction, but there's nothing easy or quick about getting rid of debt.
More...
 
More credit card news

Average credit card APRs jump
Interest rates on new credit card offers jumped last week after Capital One increased rates on seven of its cards. More... 
We're poor, fat and now we have low credit scores
It's bad enough that reports say people in the South are poorer and more overweight, but now our credit scores are lower, too. More... 
Get matched with the right credit card
CreditCards.com CARDMATCH

Credit card rate report
(as of 10-5-2010)
National Average   14.28%
Business   12.85%
Low Interest   12.06%
Balance Transfer   12.81%
Cash Back   12.55%
Rewards   14.26%
Bad Credit   21.04%
Airline   14.37%
Student   14.49%
Instant Approval   16.49%

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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