Social networking site Blippy has had a tough week. After the credit card information of several users was discovered on some of Google’s indexed web pages, the company has been hard at work patching up the credit card blooper and introducing new security procedures.

While March credit card defaults were still flirting with the highs of the past many months, all credit card issuers, with the exception of Citigroup, saw a considerable drop in delinquency rates.

Even though the prolonged economic downturn has left many Americans strapped for cash, recent numbers suggest that consumers are showing increasing restraint when it comes to using credit cards to fill the gap.

The promise of credit card insurance is tempting. However, credit card insurance is costly, and should you need the protection, the company you take out the insurance with may fail to deliver. Use these alternatives instead.