Credit Card Basics: How to Read Your Credit Card Statement

Many people new to credit cards find their monthly statement confusing. The back of the statement is usually filled with fine print written in a 27th grade language-as some people like to put it. Just as bad, the statement itself contains lots of abbreviations and confusing terms, which most new card users don’t necessarily know the meaning of.

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Could You Be a Victim of Stealth Credit Card Fraud?

Could your money be lifted right out of your pocket without you even realizing it? It sounds inconceivable, but indeed this is what is happening to millions of unsuspecting American credit card users.

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How to Take the Sting Out of Credit Card Rate Hikes

If you’re one of the millions of Americans who have received a letter warning of interest rate hikes on your credit cards, you may well have been tempted to reach for the scissors and cut up your plastic. But before you do, take a deep breath, and consider your options.

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Carrying Multiple Credit Cards Is Getting More Expensive

Eva Maria Norlyk Back in the day, when we still lived in Credit Card Candyland, it used to be another day, another credit card offer. Nowadays, it’s more like another day, another credit card fee. As the economic downturn lingers on, credit card companies have been facing defaults at historic levels. As a consequence, card [...]

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Fed Urged to Stop Unfair Credit Card Practices

The non-profit group Consumers Union last week urged the Fed to crack down on credit card companies and put a stop to the onslaught of increasingly abusive lending practices, which have intensified over the last six months.

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