There are several important things you need to consider before you choose and apply for a credit card. Let’s have a look at some of them.
Ideally, you shouldn’t rush into every credit card application you like as denial will affect your credit score badly. It is advised not to apply for credit cards three times [...]

A recent study done by the Federal Reserve Bank of New York found that credit card holders often perceive they have less debt than they actually do. The study found that the average household believes they hold about $4,700 of credit card debt – just two-thirds of the amount that credit cards say they are [...]

Florida is know for having a high rate of retirees, and because of their age and often thick bank accounts, these senior citizens are becoming the target of unfair credit practices in the state.  And it’s regarding one of the things they hold dearly – their vacation time.
The elderly are becoming victims to Vacation Time [...]

Almost every person in the world today has banks falling over themselves offering credit Cards of every imaginable kind – Gold, Silver, Platinum. The customer is spoilt for choice. But, on the other hand, there are some people who, due to irresponsible spending or just plain bad luck, have a poor credit rating. How do [...]

In an effort to reduce their debts, many customers in the United States are closing their cards and transferring their debts on to other balance transfer cards available in the market today. However, this does not seem to be the wisest thing to do. Closure of the cards that you are holding on to for [...]

Last week Congress paved the way for bigger cuts with regard to debit card interchange fees. This will take effect this summer. According to the latest data regarding revolving credit and payment card usage, the credit card and debit card issuers are now trying to get the maximum out of the interchange fees, while they [...]

If you are looking for good credit card deals in the market, then it is worth looking at the various offers being rolled out by various credit unions in the country. The Pew Safe Credit Cards Project which conducted a study of the various credit cards being offered by banks across the country also conducted [...]

As per the data available with the US Census Bureau, over 70% of the people in the United States have credit cards. One of the main reasons for people to get into debt traps is unrestrained use of credit cards for something that is totally avoidable.
The Director of Family Services, in an effort to curb [...]

The competition in the credit card industry is just getting hotter by the day. With American Express adding on more features to their existing cards and CitiGroup launching two new credit cards in the market, the competition just got fiercer. Though the credit card industry is tightening its norms and increasing certain fees, the improved [...]

In today’s world, customers rely more on debit and credit cards as compared to cash or check that were the most used in the past. There are as many pitfalls of using credit cards as there are advantages. This has put many business owners and retailers in a fix since they either need to adapt [...]