February 17, 2012 – 8:21 am | No Comment

Studies show that over 75% of college students have a credit card, and they can be a great asset for a student. Credit cards are convenient, can help build a good credit history and can help young people learn money management skills.

Read the full story »
Credit Card Debt

How to get out and stay out, as well as other sticky issues like dealing with debt collectors and loan consolidation.

Credit Cards

Reviews, Tips & Tricks, and everything else you need to know about getting the most out your credit cards.

Personal Finance

Budgeting, frugal living, saving, and all kinds of other money and finance related subjects.

Credit Report

Learn how to repair and improve your credit score. Learn about Beacon and Fico scores, and much more!

Debit Cards

Don’t like the idea of spending money you don’t have? Get the scoop on bank and prepaid debit cards.

Home » Archive by Month

Article Archive for February 2008

Credit Card Execution (Part 2)
February 18, 2008 – 7:51 pm | One Comment

General Fritz and Gary are no more.
Warning: The following photos are explicit and disturbing – do not click unless you have a strong stomach!

How to pick a goal
February 18, 2008 – 6:33 pm | No Comment

I have found different formulas for creating a goal.
One goal I am considering is to lower my monthly payment each month. Of course I can do this by just paying my bills, but it’s kind …

Weekly Credit Card execution!
February 17, 2008 – 11:57 pm | No Comment

It’s hard to know just who you should cheer for in this week’s Credit Card showdown.
In the left corner, we have General Fritz. Herr Fritz served in the German Infantry in World War II and …

The ‘Credit Card for Newbies’ Guide (Part 1)
February 17, 2008 – 11:29 pm | No Comment

Prelude:
It seems kind of silly now, but I always thought that getting my first Credit Card was a rite of passage of sorts. It was my first entry into the fantastic and terrifying world of …

The psychological implications of debt
February 17, 2008 – 5:00 pm | No Comment

Each year hundreds thousands of Americans find themselves delving deeper and deeper into debt and see no light at the end of the tunnel. Sadly, getting yourself into debt is easy, but getting out can …

Credit Card Arbitrage: A final word
February 17, 2008 – 2:55 am | No Comment

Remember – if it seems too good to be true, it probably is. Always do your research before committing to anything, since the terms & conditions vary so significantly from card to card. Sadly, some …

Why Pre-Approved Credit Offers Are a Myth
February 16, 2008 – 6:45 pm | 6 Comments

Way back when, in the dark days of my credit past, the postal service would frequently back a dump truck to my house and unload several metric tons of pre-approved credit card offers on my …

New members to the team
February 16, 2008 – 6:19 pm | No Comment

A big welcome to Mike, Melanie and Rob to the Master Your Card team – check out the ‘About Us‘ page for a short bio on each of them!

Sun Tzu’s guide to defeating debt
February 16, 2008 – 5:00 pm | No Comment

‘Know thy enemy’
So wrote the great Chinese general and philosopher Sun Tzu over 2000 years ago. Granted, he probably wasn’t talking about credit cards, but one can’t deny that it’s great advice nonetheless. As it …

Credit Card Arbitrage (Pt. 2)
February 15, 2008 – 7:44 pm | One Comment

How much can I actually make?
That depends on several factors – your credit limit, the interest rate on the savings account, your minimum repayment requirements, your tax rate, and perhaps most crucially, your credit rating, …

The wonderful world of Credit Card Arbitrage! (Pt. 1)
February 15, 2008 – 7:22 am | No Comment

A number of readers have asked me what I think about credit card arbitrage. My personal feeling is that I wouldn’t touch it with a 40 foot pole, but I can’t deny that some people …

Barracking for Obama (Part 2)
February 15, 2008 – 2:55 am | No Comment

It seems Obama has a bit more to say on credit cards. From his website:

 Create a Credit Card Rating System to Improve Disclosure: Obama will create a credit card rating system, modeled on five-star systems …

Obama proposes Credit Card ‘bill of rights’
February 14, 2008 – 7:38 pm | 4 Comments

Barrack Obama has outlined a Credit Card bill of rights that he says will protect consumers. On page 5 of the White Paper that accompanied his speech in Janesville, he mentions the components of …

Where does YOUR money go?
February 14, 2008 – 3:48 pm | One Comment

The New York times just released some interesting data that shows a breakdown of how Americans on different levels of the wealth spectrum are spending their money.
There are a few particularly telling things about the …