Capital One and BBB Partner to Educate about Credit
| April 13, 2010 |
If you are like millions of other Americans, when it comes to knowing everything about credit cards and your credit there is never too much to learn. In fact with all of the recent changes that have occurred within the past few months, in many cases the things learned in the past have become outdated and could hurt you more than help. Today many people are looking for advice and understanding. As a way to better educate credit cardholders, Capital One and the Better Business Bureau have teamed up to help you know how to understand credit a little bit better.
By way of a website entitled "Managing Credit – Made Simpler" located at www.bbb.org/credit-management, consumers can learn about the situation that countless of American find themselves each year. On the site scenarios and advice range from young adults who may be new to credit and actively seeking ways to start off on the right foot to those who currently have financial products such as credit cards and are looking to pay down years worth of balances and debt. In any case with each area that you may be viewing, you can find the appropriate ways to move forward and achieve the financial goals you are trying to reach.
When it comes to educating consumers, consumers have seen many websites created since the second phase of the Credit CARD Act was implemented in February geared toward understanding your credit cards. In addition to that we have seen many issuers create products that help cardholders get a grip on changes as well as give them access to many features that were not widely used in the past. In regards to educational sites, Capital One’s move to partner with the BBB is one that stands out as they provide tips that are easy to implement, checklist, and advice as well as the credibility that comes along with the Better Business Bureau.
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