Credit Card News

Credit Where It's Due It's one of life's more bitter ironies that people will fall over themselves to lend you money when you don't need it, but will treat you like a plague victim the moment you do. That's never been more true than it is today, and the consequences of having a poor credit report have never been so far-reaching.

Credit Card News Good for Once After a couple of terrible years during which credit card rates were hiked, fees imposed or raised, and terms unilaterally changed, millions of Americans are used to loathing card issuers. But maybe things are changing.

Credit Card Debt As reported here last week, it's becoming increasingly clear that credit card debt remains a serious problem for many millions of Americans. So yesterday's advice from Keloland Television should prove timely for many readers. It suggests that, if you're struggling to pay down your credit cards, you should: Budget even more carefully than usual so that you know precisely how much you have to spend. Look for ways to cut costs and/or boost income, perhaps with a second job. If possible, stop charging altogether, but certainly try to avoid adding to balances. Call your credit card companies. Be honest about your problems and ask for lower rates. Look at the options provided by balance transfer credit cards with a zero or low rate.

Credit Card Debt As reported here last week, it's becoming increasingly clear that credit card debt remains a serious problem for many millions of Americans. So yesterday's advice from Keloland Television should prove timely for many readers. It suggests that, if you're struggling to pay down your credit cards, you should: Budget even more carefully than usual so that you know precisely how much you have to spend Look for ways to cut costs and/or boost income, perhaps with a second job If possible, stop charging altogether, but certainly try to avoid adding to balances Call your credit card companies: be honest about your problems, and ask for lower rates Look at the options provided by balance transfer credit cards, with a zero or low rate

Credit Card News: Regulator Wants Your Views According to yesterday's Washington Post: "the Federal Reserve wants to know what consumers think" about its latest proposals for future credit card regulation, which it published earlier this month. Regulations covered credit card rates, fees, and terms. The Fed wants your views? Yeah, right.

Credit Card News: Regulator Wants Your Views According to yesterday's Washington Post: "the Federal Reserve wants to know what consumers think" about its latest proposals for future credit card regulation, which it published earlier this month. These cover credit card rates, fees, terms, etc. The Fed wants your views? Yeah, right.

  Capital One announced yesterday the launch of the Venture Card, a travel rewards Visa credit card that offers double miles on all card purchases, with no restrictions on which types of purchases qualify for miles, and no restrictions on how and when miles are used --- miles are good on any airline at any time, with no blackout dates. In this post Credit CARD Act world, however, there is one feature consumers may not enjoy quite as much --- an annual fee (waived for the first year, but $59 thereafter).

Credit Card Companies Wooing the Creditworthy Last week, this column explored the theory that credit card companies are trying to lure the best customers from competitors by offering valuable new services and benefits at extra cost. Well, as everyone knows all too well, some of those extra costs are already in place. And CNN reported Friday that the wooing has already begun with a number of credit card rewards programs being enhanced.

Credit Card Companies Wooing the Creditworthy Last week, this column explored the theory that credit card companies are trying to lure the best customers from competitors by offering valuable new services and benefits at extra cost. Well, as everyone knows all too well, some of those extra costs are already in place. And CNN reported Friday that the wooing has already begun with a number of credit card rewards programs being enhanced.

Credit Card Companies Wooing the Creditworthy Last week, this column explored the theory that credit card companies are trying to lure the best customers from competitors by offering valuable new services and benefits at extra cost. Well, as everyone knows all too well, some of those extra costs are already in place. And CNN reported Friday that the wooing has already begun with a number of credit card rewards programs being enhanced.