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Archive for the ‘News & Info’ Category

Fed Cuts & Lower Interest Rates…

 March 28th, 2008  |  No Comments »

With the latest cut in the federal fund rate on March 18th, consumer are looking for some relief in the rates they pay for credit. The Federal Reserve lowered rates ...

Posted in News & Info, Card Advice


Stolen Credit Cards Used to Donate…

 February 12th, 2008  |  No Comments »

Thieves who deal in stolen credit cards need to determine the legitimacy of those cards before they're able to sell them or use them to make large ticket purchases. In ...

Posted in News & Info


Credit Card Issuers Taking Action…

 January 25th, 2008  |  No Comments »

Congressional hearings on abusive credit card practices have spurred some positive changes in the credit card industry. Chase Bank, for example, one of the top five credit card issuers in the country, ...

Posted in News & Info


Charge Mortgage Payments w/ Credit Card…

 January 2nd, 2008  |  No Comments »

New programs for cash savvy consumers are now being offered by several credit card companies to make mortgage payments. Homeowners can now pay their mortgage with their credit card and potentially rack ...

Posted in Credit Tips, News & Info


e-Commerce gets Poor Ratings…

 December 4th, 2007  |  No Comments »

A large number of people who do business on the Internet have a less than favorable experience, according to a recent Harris Interactive Survey. Commissioned by Tealeaf Tech, a company that ...

Posted in News & Info


Effects of Recent Fed Rate Cuts…

 November 23rd, 2007  |  No Comments »

Recent Federal Reserve rate cuts are helping to bring down credit card rates. But before you begin celebrating, consider the fact that rates are not much lower than they were when the ...

Posted in News & Info


Group Targets ‘Fee Harvester’ Offers…

 November 12th, 2007  |  No Comments »

The National Consumer Law Center, a consumer advocacy group, called on Congress to pass legislation to stop the growth of an abusive type of credit card, the so-called 'fee-harvester' that ...

Posted in News & Info


Biggest Issuers get Mediocore Ratings…

 October 30th, 2007  |  No Comments »

Eighty percent of the credit card market is controlled by five issuers - JP Morgan Chase, Bank of America, Citibank, Capital One, and HSBC. With so much credit on the line, ...

Posted in News & Info


Aftermath of Subprime Concerns…

 October 26th, 2007  |  No Comments »

Since the subprime chaos began earlier this year, borrowing money has become more and more difficult with lenders taking additional precautions to insure borrowers are capable of paying back their debts. Even those with ...

Posted in News & Info


Fed Interest Rate Reduction…

 September 20th, 2007  |  2 Comments »

Signs of an economic slowdown, including a surprising drop in jobs in August and weaker retail sales, have pushed the Fed to shift from targeting inflation to easing pressure on ...

Posted in News & Info