New Credit Card Rules
What you need to know
The Credit Card Accountability Responsibility and Disclosure (C.A.R.D.) Act of 2009 will going into effect next month and we wanted to share another great aspect of the C.A.R.D. Act that we like.
From now on credit card companies will be forced to show you how long it will take you to pay [...]
Fat Wallet – Pocket the Difference
Fat Wallet is basically a bargain hunting website, based on a set of forums where users can post deals and rebate offers which are available for the entire community. The deals cover a wide range of products and services, however, computer related posts are the most common. Users are able to “share” and “subscribe” to [...]
American Express and Chase reporting lower delinquencies and charge-offs
Credit Card Delinquinicies
In a regulatory filing Wednesday, American Express reported that delinquencies on credit cards were down to 4.4 percent compared to 4.7 percent in May and 4.9 percent in April.
Capital One reported similar figures, stating its delinquency rates improved for a fourth straight month, falling to 4.77 percent from 4.9 percent in May.
Investors were [...]
Is Your Credit Card Really Secure?
Making Safe Credit Card Purchases
We’ve all been told that shopping with a credit card is the safest way to make purchases. It makes sense; when you use a credit card, you do not provide any details of your bank account to the merchant, plus you are not liable for unauthorized transactions. Unfortunately, when [...]
The Credit Card Accountability Responsibility and Disclosure Act of 2009
Credit Card Debt for Young Consumers
New credit card law allows parents to control credit issued to their children
One section of the new credit card law is aimed at keeping young people out of debt. Parents now have greater power over the credit given to their children.
The Credit Card Accountability, Responsibility and Disclosure [...]