Credit Cards

Are You Making These 4 Credit Card Mistakes?

04.01.2010 by Jason Topp 10 comments

We all make mistakes, it’s in our nature. Sometimes we make them because we don’t know any better, and oftentimes we make them even though we do. A lot of us have made some pretty big flubs with the plastic and so it’s always good to get some helpful reminders of great credit card tips so we can avoid the past blunders again…

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Information About The New Credit Card Laws | Roundup

02.24.2010 by Bob 6 comments
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So in case you haven’t heard about it in the news, as of February 22 (Monday) the new credit card laws (the CARD act) went into effect. The idea behind it was to protect consumers, which I guess it will in some cases, but the credit card industry is a pretty big one that will find a way to do what they want to do. These are just some of what is/will be happening…

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New credit card legislation coming soon – interest rates rise, limits go down

12.22.2009 by Bob 6 comments

But we all know that racking up Christmas debt is really easy to do. But this year because of the new credit card legislation (starting February 2010) it is particularly a bad idea. Bob Brooks has a couple reasons why it is extra important this year to avoid credit card debt it if at all possible. According to Brooks, consumers who carry their credit card debt over to February of 2010 will be in for a big surprise because of…

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Collateral Damaged | Review

12.16.2009 by Guest 0 comments
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In his book, “Collateral Damaged: The Marketing of Consumer Debt to America,” Charles Geisst traces our country’s economic woes back to their roots and proposes policy-level solutions for preventing such problems in the future. He shows how the financial instruments we’re accustomed to and the marketing of debt has changed over time.

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3 new credit card fees you should know about

10.25.2009 by Bob 10 comments

I was just listening the morning radio show that I normally wake up to and they pulled me out of my slumber a little quicker than usual when they started talking about credit cards. Apparently since all the new rules for credit card companies go into effect in a few months, many of them are [...]

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What to do if you’ve been turned down for a loan

09.26.2009 by Guest 4 comments

Turned Down For a Loan?  Improve Your Loan-Ability! This article was written by Becky House, Education Manager for American Financial Solutions. For more information about credit scores, budgeting or managing your debt, visit MyFinancialGoals.org or contact Becky at 1.800.894.3946. Two years ago, someone with a 600 (poor) credit score could qualify for a mortgage or [...]

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Credit card use – my thoughts

07.06.2009 by Bob 18 comments

Credit cards are not inherently evil, but they should be used with absolute caution and probably avoided altogether if at all possible…. Last week I started running a poll on the site to find out a little bit more about the credit card habits of the readers…

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Credit card rewards coming to an end?

06.01.2009 by Bob 21 comments

Recently a discussion popped up in the forums discussing the end of credit card rewards. The discussion was spurred by an article from the NY Times (thanks Krozfan!). In the article, the author mentions that: …Congress is moving to limit the penalties on riskier borrowers, who have become a prime source of billions of dollars [...]

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How to manage your debt in a recession

05.18.2009 by Bob 8 comments

What have you done to manage your debt in light of our current recession? Have you started paying more, or less?

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Visa gift cards: A good idea?

05.17.2009 by Bob 22 comments

If you are returning an item, the transaction will work similar to that of credit or debit cards. You just provide the merchant with the card and the funds will be credited back to the card. Who sells Visa gift cards?

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