Auto Lenders Loosening Up Lending

Auto lenders are responding to the bad economy by loosening up a bit. More and more people with problematic or blemished credit are able to get car loans these days, and that is especially true with the new-car loans. The average amount financed on vehicle purchases...

Spending Up But Debt Down

Credit card spending is up this year over the same time as 2009 indicating a bit more confidence from consumers; however, credit card debt has dropped to the lowest level in eight years. The last time spending was up was the third quarter of 2008...

The CARD Act of 2009 And The Benefits For Consumers

On February 22, 2010 the Credit Card Accountability Responsibility and Disclosure Act of 2009 took effect. The CARD as it is more popularly known, is a comprehensive credit card reform legislation that is meant to establish ?fair and transparent practices relating to the...

Read The Mail From Your Credit Cards And Banks

You are likely getting some mail from your credit card issuers and while it may look as if it?s junk mail there may be some very important disclosures that you need to read. Until February 22 when the final part of...

Credit Card Company Tactics

The credit card companies have a mission, to make money, no matter what. Even though now Congress has passed both the Dodd-Frank financial ?reform? law and the Credit Card Accountability, Responsibility, and Disclosure or CARD act of 2009, credit card companies are still up to...

Credit Cards No Longer A ?Rainy Day? Option

In between now and February 20, 2010 when the new credit card regulations take effect, the credit card companies are making changes that could end up costing you much more on the balances and credit terms that you now have. Some credit card companies are...

Kardashian Card Is History

The debit card that was targeted towards teens and had the likeness of the Kardashian sisters on the front has been withdrawn from the market. 250 consumers bought the MasterCard-branded ?Kardashian Kard? since it was launched on November 9 and these people...

Business Or Professional Credit Cards

  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...