Credit Cards

Credit Card For Bad Credit

March 28, 2012

If there has been any lesson that has been almost universally learned in the past few years of the struggling economy it is that very few people are immune to financial problems. Even people who had always had stellar credit in the past have seen their credit scores plummet due to unforeseen circumstances such as [...]

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Mortgages, Credit and Financial Responsibility

March 25, 2011

There are a lot of valid reasons for avoiding credit. However, there are also some reasons you should have credit. Many mortgage companies are now requiring 3 open lines of credit along with a good down payment and a 750 plus credit score in order to qualify for a new mortgage to purchase a home. [...]

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Consumers Cutting Back On Credit Cards

March 14, 2011

According to a new study from the credit bureau, TransUnion, there are as many as eight million credit card accounts that are deemed “incactive” today. The inactive accounts are believed to have contributed to the 24.6% decrease in U.S. Credit card delinquency rates. The majority of the inactive cards were in the “high risk” category [...]

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CARD Act Deemed A Success

February 25, 2011

It’s been a full year since the complete implementation of the CARD act and so far it looks as if it has been a success. Even though the past year has brought on tighter credit availability and a rise in interest rates these have been attributed to economic downturns and not the CARD act. The [...]

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Define Your Money Problems

February 14, 2011

Dr Phil, of TV and Oprah fame of course, has allegedly said that “You can’t solve money problems by throwing money at them”. Okay. Well, I have to disagree. Doesn’t it have to do with the type of money problem you have? If you have a credit card, debt, shopping problem that is a money [...]

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Insanity and Interest

February 9, 2011

So you have bad credit? How desperate are you? Really, how desperate are you? Imagine having a card with a $1000 balance and a 59% APR (yes, that is correct, 59%!!) If you happened to land in dire straits (the trouble, not the band!!) and you were only able to make the minimum payment of [...]

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Business Or Professional Credit Cards

February 2, 2011

With the passing of the CARD act many of the most egregious practices with credit cards have been eliminated for personal credit cards. But not for business credit cards. A so-called business or professional credit card is not regulated by the CARD act so the advantages to getting one of these cards should be carefully [...]

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Protect Your Credit Card

January 28, 2011

We all try to watch our accounts and protect our credit but credit cards can easily fall into the wrong hands. Check out this article about protecting your credit cards from the wrong people. It only makes sense but it bears repeating as often we are actually the ones who allow our identities to be [...]

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Credit Card Solicitations Increasing For a Few

January 6, 2011

Have you checked your mail for credit card solicitations lately? After credit card solicitations went down to their lowest level in over 16 years it appears that they are again on the rise, this time with higher interest rates but larger, bigger and better perks. That is if you have good credit. New regulations have [...]

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Potential Credit Card Scams

December 27, 2010

So when you’re working to perfect your credit, beware of potential scams that can hurt you along the way. With new technology that is always getting better and smarter you need to be careful of the offers that you take advantage of or they may take advantage of you. You don’t have to pay for [...]

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