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.

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Celebrity Credit Card Debt
April 21, 2010 – 8:22 am | 3 Comments
Celebrity Credit Card Debt

The rich and famous lifestyle sometimes hides a shocking and shameful secret: hundreds of thousands of credit card debt. On the outside, the gliteratti and clan of hypervisible celebs seem to be living large and …

Credit Score Strategy: Paying in Full vs. Credit Limit Increases
April 14, 2010 – 9:50 am | 3 Comments
Credit Score Strategy: Paying in Full vs. Credit Limit Increases

There’s this pervasive myth going around that paying off your credit card balance in full each month will score you points (literally) with TransUnion, Equifax and Experian. The fact of the matter is that it …

Credit Cards Going Extinct? We Don’t Think So
April 7, 2010 – 6:26 am | No Comment
Credit Cards Going Extinct? We Don’t Think So

Okay, okay, we usually don’t hesitate to declare credit cards dead (Five Futuristic Ways to Pay without Credit Cards and Death of the Credit Card Signature) but our musings are more like utopian “what-ifs” from …

Free Credit Reports – Post-FTC Crackdown
March 31, 2010 – 6:35 pm | No Comment
Free Credit Reports – Post-FTC Crackdown

Those hooky satire songs from FreeCreditReport.com hide a dark secret. First of all, that dude is a French-Canadian, so he probably doesn’t even have a credit history in the U.S., and to make matters worse, …

Paying Taxes by Credit Card: Tax Pros, Con Jobs and Hidden Fees
March 24, 2010 – 7:13 am | No Comment
Paying Taxes by Credit Card: Tax Pros, Con Jobs and Hidden Fees

Yes, you can pay your federal income taxes to the IRS by credit card or debit card. Should you do it? Maybe. Here’s how it works:
When you file your tax return through an official IRS …

Best Credit Cards for Bad Credit, Average Credit, Good Credit and Excellent Credit
March 17, 2010 – 4:35 am | No Comment
Best Credit Cards for Bad Credit, Average Credit, Good Credit and Excellent Credit

If you grew up in an egalitarian society with a loving family, you’ve probably been told over and over to reach for the stars and set your sights high. You can achieve anything if you …

Credit Card Fees: The Fed’s Latest Proposal
March 10, 2010 – 8:52 am | One Comment
Credit Card Fees: The Fed’s Latest Proposal

In its ongoing efforts to protect consumers, the Federal Reserve rolled out a preliminary ruling that aims to limit credit card fees, particularly the troublesome over-the-limit fees which have received much media attention in the …

Rewards Credit Cards: Are They Still Worth It?
March 3, 2010 – 9:08 am | One Comment
Rewards Credit Cards: Are They Still Worth It?

There were no words minced when the credit card companies let the world know that it’ll be tough for them to be so generous in the post-CARD Act era. And now, they’ve followed through. Our …

The Death of the Credit Card: 5 Futuristic Ways to Pay (Today!)
February 24, 2010 – 8:16 am | No Comment
The Death of the Credit Card: 5 Futuristic Ways to Pay (Today!)

This month’s Wired has a great article entitled The Future of Money: It’s Flexible, Frictionless and (Almost) Free which focuses on how technology is helping cut institutional interlopers out of the equation when moving money …

The CARD Act: How it Will and Won’t Protect You After February 22
February 17, 2010 – 10:06 am | No Comment
The CARD Act: How it Will and Won’t Protect You After February 22

Nine months later, the Credit CARD Act of 2009 is finally going into full effect. We’ve seen banks slowly react to the new laws by working the loopholes, rather than complying ahead of time, but …

Hit ‘em High, Hit ‘em Low: Credit Cards for the Rich and the Poor
February 10, 2010 – 7:15 pm | One Comment
Hit ‘em High, Hit ‘em Low: Credit Cards for the Rich and the Poor

Credit cards are far from one size fits all and the big names in lending know it. That’s why they’ve devised each credit card to target a specific demographic and income level. Whether it’s so …

Pissed About Credit Card Business Practices? Take Action
February 3, 2010 – 10:13 am | 6 Comments
Pissed About Credit Card Business Practices? Take Action

Washington Post recently ran some required reading for all credit card users entitled “Five myths about America’s credit card debt.” Don’t be deceived by the somewhat banal title – this piece is actually very illuminating …

Watch Your Back: 8 Up and Coming Credit Card Fee-Creep Tricks
January 27, 2010 – 11:20 am | 2 Comments
Watch Your Back: 8 Up and Coming Credit Card Fee-Creep Tricks

February 2010 is almost upon us, which means the CARD Act is about to kick in to full effect. Of course, the credit card companies haven’t been resting on their laurels, waiting for the government …

Treated Like a Criminal at Checkout? Don’t Put Up With It
January 25, 2010 – 10:53 am | 4 Comments
Treated Like a Criminal at Checkout? Don’t Put Up With It

Credit card fraud is a serious issue, and retailers and credit card issuers have enacted a number of measures to help protect your identity and their bottom-lines. But the backlash of tighter security is that …