Consumers Prepare for Credit CARD Act
January 30, 2010
Consumers have been inundated with news about the passage and implementation of the Credit CARD Act. CARD stands for Credit Card Accountability, Responsibility and Disclosure. [Read more]
More Credit Card Lenders Offering Settlements
July 15, 2009
If you’re like many other Americans right now, you may be facing a dilemma with your overdue credit card payments. Consider this. When the credit card company contacts you trying to collect on the balance, you could see if they’re willing to settle the debt for lesser amount—an amount that you might be able to pay back! [Read more]
Improper Credit Card Usage and How It Affects You
June 21, 2009
At what point do credit cards go from being an asset to a liability? Everyone knows about the advantages that a credit card can offer. They can provide a buffer in the case of an emergency where you find yourself with no cash. They can be safer to carry around than cash. [Read more]
The Temptation to Use Credit
May 12, 2009
It’s no secret that the economy at the moment isn’t in the best of conditions. People are finding their bank accounts dwindling or, in the worst cases, totally drained of funds. Is it any wonder that when you slide your card at the store and hear those words, “Is that debit or credit?”, you’re tempted to answer with the latter? [Read more]
Handle Credit With Caution
October 17, 2008
The economy of the United States is largely based on credit. Everything that has driven the system so far has relied on a means of building credit and being given credit towards securing possessions on terms of a loan of some sort. While the system has its ups and downs, the banks and financial institutions of the country have managed to create a mess out of things by overextending credit to unworthy parties and by amassing bad mortgages and loans that have suffered from defaults. [Read more]
Making a Credit Card Count
October 15, 2008
If you want to get by in America today, chances are likely that at some point or another you’ll need to obtain a credit card. Even if you don’t like the idea, it’s just a fact of life today that credit cards enable you to do more than just simply skip the burden of having to carry cash around on you. Credit cards give you the ability to make purchases that are quick and sufficient, covering costs exactly down to the penny in an instantaneous manner. More than that, they help you to establish credit which is essential to getting by in today’s economy. [Read more]
Credit Cards May Improve Credit Greatly
October 9, 2008
Owning a credit card is something that is almost a standard aspect of the average lifestyle these days. Once considered a particularly luxurious investment, credit cards are now a very standard method of handling transactions and everybody who is an adult can apply for one and get one easily. [Read more]
Credit Cards Can Encourage Overspending
October 8, 2008
Keeping your debt in control and limiting it only to what is necessary can be quite challenging. This is especially true when it comes to those people who hold credit cards. Not only are credit cards empowering in this sense that they allow you to purchase something without having to immediately pay for it, but also in how the companies behind them encourage you to spend more with your plastic. [Read more]
Credit Card Tips
October 4, 2008
Choosing a credit card that is right for you can be a fairly tricky challenge. At first glance, it seems as if it’s all too easy to score a credit card and find yourself making payments the next day for almost anything you want under a grand or so — and it may very well be too easy, in fact. Even though its a strong indication of the generous nature of America’s economy, credit cards have a way of being very slippery with the policies behind their use. Even good cards can turn a user experience sour when handled inappropriately. [Read more]
Trends of Declining Credit Card Mail Continue in 2008
October 1, 2008
The financial research organization Mintel Compremedia reports today that the amount of materials sent by credit card companies to customers and potential customers through the U.S. mail system has declined by 3% in 2008. This continues a decrease in credit card mail volume since the month of October, 2007. Indeed, since 2007, the total amount of material sent by credit card companies throught the U.S. mail has dropped by 19%-from 900 million documents sent through the mail in October 2007, to 729 million documents sent out in January of 2008. [Read more]
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