Ok, that might be a bit extreme, but according to a recent article in businessweek, the lifestyle choices a consumer makes as far as spending habits may even affect their credit score.
It’s fairly common knowledge that some major factors that influence credit scores involve occupation, payment histories, public records, ratio of balance to available credit […]

Popularity: 30% [?]

[Read more →]

If you want to maximize your credit card’s optional features, you need to do a little homework before you select a card. Since our economy these days depends in large part on the frequent use of credit by consumers, companies that offer credit cards have come up with a number of attractive features designed to […]

Popularity: 30% [?]

[Read more →]

Ok, I have good credit and I would assume that it would be easy for me to get a credit card. Remember all though stories about people who used their pet’s name and ID (I wonder what SSN# they used!)? Well, those times are apparently not past. I just read […]

Popularity: 29% [?]

[Read more →]

If you are new to the credit game, the initial limits on your credit cards can be low. A credit limit means the maximum amount of money you can charge to your credit card. This includes fees, balance transfers from other cards, and cash advances, as well as the purchases you […]

Popularity: 41% [?]

[Read more →]

Scary! Here is a complete tutorial on how to spend $50 worth of equipment to hack into anyone’s credit card embedded with RFIDs (radio frequency ID tags). The video says $8, but others say this is too cheap a price tag. And Nokia and others are currently putting […]

Popularity: 27% [?]

[Read more →]

Soaring gas costs, charging for every bag - are airline cards still a good deal? I myself use Southwest’s Rapid Rewards cards as my only airline card. Oh how things have changed with Rapid Rewards!
I recently traveled to Las Vegas. I used to be able to fly round-trip […]

Popularity: 25% [?]

[Read more →]

Most financial institutions already are signed up for services from Experian, Equifax or TransUnion to know if you default on another credit card accounts. There have been numerous articles about how when you default on your Chase credit card account your name goes on the “credit card blacklist” and then Citibank […]

Popularity: 29% [?]

[Read more →]

Think the “stimulus package” checks are sweet? One board member just got a check for $750 from a class action lawsuit filed against First Premiere Bank, a sub-prime credit card company.
Link to Discussion.
Usually checks from class action lawsuits net you around $30 - sometimes not worth the paperwork you have to fill […]

Popularity: 12% [?]

[Read more →]

No, these settlemensts weren’t made with the collection agency, but with the credit card companies themselves.
Just talked to a client today about his debt settlement techniques. He had a few cards to go, but did really well working with MBNA and Chase bank. He settled with Chase for 25% and MBNA for […]

Popularity: 7% [?]

[Read more →]

OK, the feds are “trying” to be responsible by reigning in the abusive credit card practices. Two different papers reported that 7 new reforms are proposed.
The New York Times
Federal bank regulators on Friday proposed a new set of rules to make it more difficult for credit card companies to raise rates arbitrarily, conceal high […]

Popularity: 6% [?]

[Read more →]