Credit Card News
Credit card offers on the rise
The current influx of credit card offers arriving in your mailbox brings good news, believe it or not. It's one of the signs that the economy may be improving. According... Continue reading
Credit Card Debt–Exploding Myths
Writers often have odd lives, which may explain why last Thursday afternoon this one was listening online to a business program being broadcast by the London Broadcasting Company (LBC). That's... Continue reading
Credit card debt relief services–Jaws 5?
The Federal Trade Commission (FTC) knows just how predatory some for-profit credit card debt relief services can be. Back in July, its chairman, Jon Leibowitz, issued a statement alongside a... Continue reading
Credit card use and the holiday season
As Black Friday and Cyber Monday (those incredibly busy mall and online shopping days immediately after Thanksgiving) approach, and the temptation to go out on a card-fueled spending binge grows,... Continue reading
Credit Card Rewards–Are Yours at Risk?
ABC News reported yesterday that, this week, the U.S. Congress may debate Senate proposals to limit the amount that Visa and MasterCard can charge merchants every time credit cards that... Continue reading
Credit card sign-up bonuses can stretch your holiday budget
Nobody could blame you for wanting to bury your head in the sand. Why should you be planning your holiday spending now, when you've got Thanksgiving to worry about? But,... Continue reading
Credit card debt increasingly affecting seniors
Most of us have a rosy view of the elderly. We imagine that they live out their golden years in comfort--fit, distinguished-looking couples of the type that populate advertisements for... Continue reading
Credit cards and the elderly
Over the weekend, Barron’s carried a feature about consumer debt. Some of its conclusions were based on data contained in the Federal Reserve Bank of New York’s Quarterly Report on Household Debt and Credit, which were covered in this blog last week. Barron’s took a fairly rosy view of the situation, commenting: “Look almost anywhere… Continue reading Credit cards and the elderly
Credit Card Debt Down–But Still a Huge Problem
How does that work? Well, when the Federal Reserve published its March data for consumer credit earlier this month, the figures showed that, nationally, credit card debt had dropped from... Continue reading
Credit card rewards–plus customer satisfaction
Among those who write about credit cards, travel reward programs are not currently flavor of the month. There are too many stories of consumers whose reward points have been suddenly... Continue reading