Credit cards
Credit cards are sometimes a good alternative to a payday loan.
Even a place like this is hard to enjoy when you dont know what youre paying! (photo: wikimedia.org)

Using Credit Cards for Overseas Travel

Summer plans Now that the recession is leveling off, many people are getting ready to start using their credit cards again. Because the economy is projected to reach its turnaround point mid-summer, consumers are looking to use their cards to pay for summer vacations. Marilyn Dean of Los Angeles, California stated, “We haven’t had a
get rid of credit card debt with a personal loan

Using a personal loan for credit card debt could be a good move

If you need credit card debt relief, pay no attention to the ads on the Internet or late-night TV. The best way to get rid of credit card debt is to do it yourself, perhaps with a personal loan. Take independent action to boost your credit score faster so you can save money on future

Some credit cards can act as temporary secured loans

Rebuilding credit with secured credit cards Secured loans can be a welcomed answer for consumers with credit problems. One form of secured loan is the secured credit card. A secured credit card is a card offered in which the consumer deposits money to their account and then their credit limit is the amount they deposited.

Issues with Credit Cards and Credit Card Reform

Introduction The credit card for most of the 1990s and the first decade of the new millennium was the most often tapped source of credit for the middle class. 76.2% of U.S. households used credit cards. (Source: Federal Reserve Bulletin February 2006) When a family needs immediate access to resources that are not available from
Picture of a Blackberry Smartphone.

Payments market shakeup: Smartphone credit card processing

Wireless carriers using contactless payment technology for Smartphone credit card processing could give credit card companies a worthy competitor. Wireless heavyweights AT&T, Verizon and T-Mobile are gearing up to face off against credit card heavyweights MasterCard and Visa with a test of a mobile payments system in which consumers make a purchase by holding a
Two women sitting on the couch using a laptop and talking about requesting a credit card.

What you need to know before requesting a credit card

If a consumer wants all the facts before requesting a credit card, there is no getting around the fine print. However, the reality is that most people do not have the patience or the time to meticulously read the arduous language in the pricing disclosures before they request a credit card. Therefore, consumers must know
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Credit card delinquencies and debts fall in 2010

Fewer credit card delinquencies are being reported, and the level of credit card debt is declining as well.?Data released by credit bureau TransUnion indicates that more people are paying off debt and more credit cards are being issued. Falling delinquencies indicate many people are paying off holiday shopping sprees. 2010 the year of debt relief
More creditors are agreeing to settlements on credit card debt before law changes make their rates illegal. (Photo: picasaweb.google.com)

Lenders Settling Debt on Credit Cards with Consumers

Settling Debt A new study is showing that many lending companies are settling debts on delinquent credit cards. As a new way of mitigating losses, many credit card companies are settling cards for notably less than the total amounts owed. Edward McClelland, a writer in Chicago, is a consumer who had an outstanding balance of
The corner of a Visa card.

New Federal Reserve credit card rules beef up consumer protection

New credit card rules approved by the Federal Reserve on Tuesday are designed to protect consumers from interest rate hikes, heavy late fees and other penalties. Since the 2009 credit card law was passed last May, credit card companies have tried to stay a step ahead of the law with creative new fees and penalties.
"Your eyes feel so very heavy. You will pay only the minimum balance on your credit card…"

Credit Card Minimum Payments are Hypnotic Conditioning

Interest Payments Grow As Our Minds Become Anchored We all know by now that making only the minimum payment on your credit card balance each month is a recipe for long-term debt. If that sounds appealing to you, then by all means, continue to fatten the pig. It loves the sloppy seconds (thirds… fourths…) of
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Showdown: Personal Installment Loans vs. Credit Cards

Showdown: Personal Installment Loans vs. Credit Cards What type of financing should I use? There are times when there are things you need to pay for quickly, but just do not have the cash on hand. When that happens, personal installment loans and credit cards are two options for financing – but it is important
reigning in consumer spending

Falling credit card debt hurts economy, helps lending industry

American consumers are steadily paying off their credit card debt. The Federal Reserve reported that U.S. families cut back on credit card use for the 23rd month in a row. Overall consumer borrowing, which includes credit cards and auto loans but not home mortgages, fell at an annual rate of $3.6 billion in July —
Add a c to Shleppers and you may have an arduous journey! (photo: flickr.com)

Hire Movers without Maxing-Out Your Credit Cards

Moving can be a disaster No one wants to max out their credit cards when moving. But that’s what happened to John Winston of Salem, Massachusetts: “We were a simple move…going to a neighboring city. Our moving company promised that it would cost $875, and a possible added cost for extra time. That was reasonable.”
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Credit card hotline is latest issue in consumer bureau fight

The latest fight over the Consumer Financial Protection Bureau involves a credit card hotline. The hotline would essentially take calls from concerned consumers, and the agency would compile complaints about credit card companies. However, banks and card issuers want restrictions placed on the information. Banks and card companies want to avoid crowd-sourced penalties The latest
A credit card secured by chains and locks.

Avoid the debt settlement agreement benefit on your credit card

If you have credit cards, you’ve heard the credit card balance protection sales pitch. It used to be that for the price of 99 cents per month for every $100 of outstanding balance on the card, your credit card company would allow you to skip the minimum monthly payment for as many as six months
A stack of credit cards against a black tabletop.

Understanding the down side of avoiding credit

Many consumers looking to establish a credit history are denied credit because they don’t have enough credit to begin with. Even if a person has an excellent FICO score, it’s still possible to be denied something as weighty as a mortgage because the credit report reads more like a leaflet than a book. Avoid being
There are things to look out for with credit card debt consolidation.

Being careful with credit card debt consolidation

Allowing credit card debt to pile up can be a disaster, and today millions of people around the world are in over their heads when it comes to this particular debt. Instead of feeling trapped, as if no solution exists, you might consider credit card debt consolidation. For many, this has proven to be a