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News and advice about credit cards

5 Really Painful (But Effective) Ways to Cut Your Credit Card Debt

If you really want to pay down your credit card debt quickly, let’s face it, you’re going to have to make some sacrifices. As often in life, the things that create the greatest discomfort in the short run, can end up conferring the greatest benefits in the long run. And so it is with credit card debt. If you cut back on some of your largest recurring expenditures, you will free up money to pay down your debt much more quickly.

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The Credit Crisis: Finally, Some Good news for Taxpayers

If you are among the many consumers whose blood pressure rises when you hear about new,...

The 3 Most Important Features of Credit Card Reform

By Eva Norlyk Smith, Ph.D. Credit card reform has taken much flak for giving card issuers...

How to Find the Best Credit Cards for Bad Credit

If you have bad credit and are looking for a credit card, it pays to do some careful...

House Votes to Speed Up Credit Card Interest Freeze

The movement to stem rising credit card interest rates gained new momentum on Wednesday...
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Credit Cards In The News

The Credit Crisis: Finally, Some Good news for Taxpayers

If you are among the many consumers whose blood pressure rises when you hear about new, large bonus pay-out at financial institutions propped up by taxpayer bail-out money, here, for a change, is some good news. (more)

House Votes to Speed Up Credit Card Interest Freeze

The movement to stem rising credit card interest rates gained new momentum on Wednesday this week, as the House voted to move up the effective date of key provisions of the new Credit CARD Act, which limit card issuers’ ability to raise interest rates retroactively. (more)

Visa, MasterCard Gift Cards: Look Before You Leap

Thinking of giving a prepaid gift card or cash to a special someone this Holiday Season? You’re not alone. Gift cards or cash make great presents. (more)

Credit Card Tricks: Meet the New Kids on the Block

The Credit CARD Act passed in May of this year aimed to protect consumers against deceptive and abusive credit card practices. However, credit card companies are masters at playing the game “Heads I win, tails, you lose.” (more)

Did Congress Include A Poison Bill in the Credit CARD Act?

The Credit CARD Act signed into law in May of this year aimed to protect cardholders from unfair and abusive credit card practices. Unfortunately, as most all cardholders know first hand by now, credit card companies have been raising interest rates aggressively in advance of the enactment of the new law. (more)

New Study: Credit Unions Offer the Best Credit Cards

If you have given up on the idea of finding a credit card deal with reasonable terms, take heart. According to a new study by Pew Charitable Trust, while bank credit cards continue their appalling performance, credit union cards passed the review with flying colors. (more)

'Charge-It' Credit Card blog

One Issuer Will Take “Fewer is Better” Approach
11/7/2009

In this case Bank of America, which is one of the largest Visa and MasterCard issuers within the United States, wants to be more selective when it comes to offering consumers their credit cards.

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