Credit Card News
How Can My Credit Score Drop When I’ve Done Nothing Wrong?
It may not be much consolation, but you're not alone in suffering the effect of these changes. For example, USA Today reports that in the seven months ending April 30,... Continue reading
Secured Credit Cards Can Help Rebuild Credit Scores
If your credit report has taken a hit recently, you probably feel bad about it. That's understandable. But you may find some small consolation in the knowledge that you're far... Continue reading
Credit Card Rewards–Are Miles Beside the Point?
Susan Stellin wrote a heart-felt piece in the New York Times last week. She'd been a loyal user of an airline-branded credit card for some time, but had become increasingly... Continue reading
Credit Card Debt–If You Can’t Yet Start Over
The last edition of this column provided some advice for those who are struggling with credit card debt. It was directed toward people who still have some hope of digging... Continue reading
Student credit cards–still hard lessons to be learned
Thank heavens for the Credit CARD Act of 2009. Not only did it stop credit card companies from employing all sorts of dubious marketing practices to lure students into signing... Continue reading
Card issuers give free access to credit scores
FICO, the firm whose algorithms are used in 90 percent of lending decisions, has announced it's allowing credit card companies and other lenders to share with customers the credit scores... Continue reading
Best credit card rewards for travelers
The trick to finding the best credit card for you is to identify the one that best aligns with your individual needs. Just because an expert recommends a product that... Continue reading
Five rules for fixing credit report errors
The last edition of this blog covered the serious impact that having a poor credit score can have on your life. It's not just a question of being denied the... Continue reading
Student Credit Cards Become Less Dangerous Next Week
After what has felt like an eternity, the Credit CARD Act of 2009 finally comes fully into force (except for certain provisions that affect gift cards) on February 22. And... Continue reading
Credit Card Debt and Risk Reductions Lead to More Credit Card Offers
On Friday, the Federal Reserve published its latest data on consumer credit. The figures showed that, in March, credit card debt dropped at an annualized rate of 4.5 percent. In... Continue reading