Credit

Should You Really Cut Up That Credit Card?

Should You Really Cut Up That Credit Card?

We have found that many big lenders, facing rising defaults and new regulation that would hurt profit, have started introducing ways to offset loss of revenue from consumers.

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Credit Card Rewards Are Not So Rewarding Now

Credit Card Rewards Are Not So Rewarding Now

As with everything else that banks are offering as of late, it all boils down to, well... the bottom line.

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BofA Reveals Plans to Impose Credit Card Annual Fees Next Year

BofA Reveals Plans to Impose Credit Card Annual Fees Next Year

It appears that even with the sweeping reforms in the credit card industry scheduled to go into effect as early as December 1 this year, consumers have yet to see the last of the credit card fees and charges that are costing them dearly.

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Major Banks Declare positions ahead of New Credit Card Laws

Major Banks Declare positions ahead of New Credit Card Laws

Bank of America and Wells Fargo in separate and very different announcements declared their position on credit card rates ahead of the new Credit Card Law.

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Credit Card Minimum Payment: How Much Does It Really Cost You?

Credit Card Minimum Payment: How Much Does It Really Cost You?

Using credit cards have become an essential part of everyday life for many consumers.

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Credit Cards: As Dangerous as Alcohol? Federal Reserve Proposes New Rules

Credit Cards: As Dangerous as Alcohol? Federal Reserve Proposes New Rules

We have minimum legal ages for all kinds of activities we think are too dangerous for younger people; driving a car, smoking cigarettes, gambling, drinking alcohol...the list goes on and on.  

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Ideal conditions spawn new mortgage applications

Ideal conditions spawn new mortgage applications

Latest figures released by the Mortgage Bankers Association show that mortgage applications, which includes new and refinance mortgage applications posted its highest numbers since May of this year.

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Credit Card Reward Programs Are Experiencing Cutbacks

Credit Card Reward Programs Are Experiencing Cutbacks

Credit cards play a major part in the lives of many people today. Many Americans have long-standing relationships with their credit cards. Credit cards are used for making everyday purchases.

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Credit Card Security is in Your Hands

Credit Card Security is in Your Hands

Security has certainly improved through the years. Banking online and using your credit cards are more secure than ever.

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New Credit Card Rules are in Effect – More Changes to Come in February

New Credit Card Rules are in Effect – More Changes to Come in February

It was signed into law last May 22 by President Obama but the Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009 officially went into effect last August 20. And that's just the first phase of it.

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