When you get your first student credit card you have the opportunity to learn good spending habits and proper use of credit. It will also help start your credit history and build your credit score which are both extremely valuable to your future. These factors will help determine the type of interest rates you will [...]
If you have not heard one of these calls then this is a warning to watch out for: Robocalls that claim they can negotiate lower interest rates with your credit card companies. Many people have decided to become part of the Do Not Call lists but despite their efforts these calls continue. These automated calls [...]
Compared to the first quarter of last year, the delinquency rates on credit cards have experienced a minor increase. Due to the recent decline in the economy many consumers are faced with tough decisions on which bills to pay. Unfortunately it seems that credit cards are falling low on the list and not getting paid [...]
A credit card consumers “Bill of Rights” was signed into law today by President Obama, aiming to put in place “…common sense reforms, designed to protect consumers”. This is the first time such a bill has been signed into law, and created quite the stir with major credit card institutions. Treasury Secretary Timothy Geithner defended [...]
Canadian Finance Minister Jim Flaherty proposed a new nine-point plan aimed at credit card regulations today that are intended to help keep some card holders from getting into trouble. Some of the regulations discussed were that card issuers will have to be more up front about the exact rules of the credit cards and all [...]