USA Today reported yesterday that more consumers are turning away from credit cards. Revolving credit decreased at an annual rate of 13 percent, according to a Federal Reserve Report issued February 5, 2010. Revolving credit is usually defined as debt incurred through the use of credit cards. Three major card issuers, Discover, Citibank and American [...]
Entries Tagged as 'rewards programs'
Do-It-Yourself Credit Cards Hit Market
February 10th, 2010 · No Comments · Credit Cards
Tags: american express·Citibank·Credit Cards·Discover·Interest Rates·revolving credit·rewards programs·undocumented workers·Zync
The Worst Credit Cards on the Market
October 23rd, 2009 · 4 Comments · Credit Cards
Many consumers would say that all credit cards do more harm than good, but that is not necessarily the case. While it is true that the credit card industry leaves a lot to be desired, there are consumers who can actually benefit from responsible credit card use. With that in mind, you should know that [...]
Tags: Annual Fees·consumers·Credit Cards·Credit Reporting Agencies·Credit Score·department store c·Department Store Cards·prepaid cards·rewards programs·secured cards
Debit or Credit Cards – Which is Better?
August 17th, 2009 · 6 Comments · Credit Cards
When we say debit in this article, we mean don’t just mean ATM cards, but any card which is tied to your checking or savings account. This includes debit cards which can be used like credit cards. I’ve always personally thought that credit cards are better than debit cards. Here are some reasons why: Bounced [...]
Tags: Blocking·Credit Cards·Debit Cards·fraud·insufficient funds·Overdraft·protections·rewards programs·transactions
