Credit Cards

Prepaid Credit Card Right For You?

You know about credit cards and debit cards, and you may even be familiar with secured credit cards, but did you know there’s another option out there? Millions of Americans rely on prepaid credit cards to handle their finances. Prepaid credit cards work just as you’d expect: after acquiring a card, you load it with …

Categories: Credit Cards

How to Eliminate Credit Card Debt

$15,216. That number reflects the average US household credit card debt among indebted households. That’s a scary number, and it means that for every household with $1,000 in debt, there’s another household with over $30,000 in debt. Why is credit card debt so high? After dramatically reining in credit card issuance during the recession, some …

Categories: Credit Cards

Traveling with Your Credit Card: Safety Precautions to Consider

It’s summer, which means that many of us are packing up our bags and heading for the hills (or the beach, or the museums). The last thing you want to worry about is your credit card. Unfortunately, all too many of us face hassles with credit card security while traveling — especially during trips abroad. …

Categories: Credit Cards

Credit Card Processing Explained and Mobile Readers Reviewed

Jim McKelvey was a glass artist, creating exquisite hand-blown glass bowls and spiraling faucets. About five years ago, a visitor to Jim’s St. Louis studio was so impressed with his work that he wanted to make a $2,000 purchase on the spot. Without the cash on hand, the customer offered to pay with a credit …

Categories: Credit Cards

Stoozing Made Simple: A Guide to Earning Extra Cash

You first started stoozing at work. Then your boss caught you. You thought you were going to be fired, until he said he wanted to watch. Late one night you were stoozing at home. You thought your wife was in bed, asleep – but she wasn’t. She caught you, too. At first you thought she …

Categories: Credit Cards

Financial Independence: What Does It Mean?

We’d like to thank Experian for having us on their Twitter chat a couple of weeks ago. The topic was financial independence, and we heard a lot of great opinions from Ready for Zero, Wise Bread, Madam Money and everyone else who participated. Here’s a look back at the major themes discussed: Financial Independence Is …

Categories: Credit Cards, Money

How To Raise Your Credit Score

It may seem difficult, but let’s face it: raising your credit score is easier than lowering your cholesterol. We’re talking about money here, not fried chicken – so, anything is possible. Maybe you went through a rough patch and have come out the other side, a bit battered but ready to right the ship. Here …

Categories: Credit Cards

The Future of Banking and Credit Cards

If you’re a fan of plastic payments, it may be difficult to imagine a world without credit cards. It’s no wonder they are such an ingrained part of society. Credit cards have been around for nearly a century! Credit cards were first introduced in the 1920s by merchants offering customers an alternative payment method at …

Categories: Banking, Credit Cards

How to Travel for Free: The Ultimate Guide to Air Miles Rewards

There’s just no better feeling than slipping into that airline seat, heading out on a wonderful vacation and knowing all the while that you’re flying free. As expensive as airfare has become, the smart use of credit card air miles can be one of the best ways to boost your vacation budget. Credit card rewards …

Categories: Credit Cards

What to Do if Your Credit Limit Gets Cut

If you just received notice that your credit limit has been slashed on one of your credit cards, don’t panic. You’re not alone. And it’s not something you should take personally — even rockstar, top-tier borrowers have seen their limits lowered in recent years. It’s frustrating, especially if you rely on your credit card for …

Categories: Credit Cards

How to Lower Your Credit Card Interest Rate

It’s okay. You can admit that you were sucked in by that 0% introductory interest rate. It happens to the best of us. But what happens when the introductory rate expires, and you’re stuck with rate that skyrockets to 15, 20, or 25%— or (gulp) even higher? Credit card interest rates drain you of your …

Categories: Credit Cards

What You Need to Know About Your Credit Score

By now, it’s clear that our modern lives are being monitored. What we do, say and buy, and where we live – it’s all out there. Our financial lives are of particular interest to Big Data, especially credit scores. It’s a number that invisibly follows you everywhere, impacting your life in more ways than you …

Categories: Credit Cards

How to Dispute a Charge on your Credit Card Bill

It’s often hard to believe your credit card bill actually reflects the amount of money you’ve spent. “How did I spend so much?” you ask yourself. While unrecognized charges may very well be forgotten shopping sprees, that’s not usually the case. If something looks fishy on your bill, it’s worth investigating. Perhaps that $400 dinner …

Categories: Credit Cards

Taking Charge of your Finances through Financial Literacy

While many of us are working harder to pay down debt, stick to a budget, and boost our savings, a better strategy would be start on the path to financial health earlier – before we got ourselves into a right mess. According to government data, consumer debt in the U.S. totals out at an alarming …

Categories: Credit Cards

Credit Card Guide to Your Consumer Rights

You take that credit card out of your wallet…and hesitate. Does using it put you at the mercy of unscrupulous lending practices or hidden fees? Will you become a victim of fraud, ruining your credit rating for years to come? Although credit cards come with concerns, the good news is that there are laws to …

Categories: Credit Cards

Credit Card Fraud Protection Tips

Using a credit card has become second-nature for most Americans. Who carries cash, anymore? But thanks to the popularity of plastic, fraud has flourished. Ten percent of all U.S. citizens have been a victim of credit card fraud, according to the Department of Justice. Worldwide, it’s a crime valued at more than $5.5 billion. With …

Categories: Credit Cards

Compulsive Shopping and Credit Card Addiction

Let’s cut to the chase: compulsive shopping and credit card addiction are genuine problems, and they’re more common than you may think. If you suspect that you suffer from a compulsive shopping and/or credit card addiction, it’s important that you understand two things: You are not alone. There is a way out. This article isn’t …

Categories: Credit Cards

How Do Credit Cards Really Work: Debunking the Myths

Credit cards account for 20% of grievances (second only to mortgages) filed with The Consumer Financial Protection Bureau, the federal agency committed to consumer financial protection. Billing disputes, interest rate charges, and credit reporting top the list of issues consumers submit to the CFPB on a regular basis. Credit cards seem simple enough: buy now, …

Categories: Credit Cards

Tips for Choosing Your Second Credit Card

You’ve had your first credit card for a while now and you’ve been using it responsibly. You’re thinking it’s time to add a second one. This might be a good idea, but whether you should – and which one you should choose – depends on many factors. Taking out a second credit card can help …

Categories: Credit Cards

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