Archive for the ‘Credit’ Category
I received a comment the other day on an old post (Have You Said “No, Thank You” To Credit Cards?) that I think everybody should read. Despite this reader’s best intentions to avoid credit (and [...]
May 21st, 2009. . Read More »
It seems like a crazy question given so many rewards credit cards have gone to no annual fee. But two credit cards–including one very new credit card—ask prospective members to shell out over $400 a [...]
May 20th, 2009. . Read More »
The Senate voted today, 90-5, in favor of the Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009—an effort to crack down on dubious credit card industry practices that make it easy to charge [...]
May 19th, 2009. . Read More »
Once upon a time, college students and others in their early twenties (or even late teens) could get any number of credit cards without having a prior credit history, making it easy to start to [...]
May 18th, 2009. Topics: Building Credit, Credit Reports, Managing Your Credit. Read More »
I frequently write about ways you can improve your credit score, so this post may appear hypocritical. But I’m seeing so many people obsess about their FICO score and other credit scores these days and, [...]
May 8th, 2009. Topics: Credit Scores, Managing Your Credit. Read More »
Here’s another reader question about canceling credit cards:
I recently paid off the last of my credit card debt so all I owe now is a small student loan and my car payment both of which [...]
May 7th, 2009. . Read More »
If you, like most Americans, are fed up with the banking system, then social lending might be for you. I believe social lending is the way of the future for both borrowers and investors. And [...]
April 6th, 2009. . Read More »
Most credit cards report several pieces of information to the three credit bureaus: Your payment history, your current balance, and your card’s credit limit. That last one is important because a big part of your [...]
March 27th, 2009. . Read More »
One of the most common questions I receive via my contact form is: “Can I close old, unused credit card accounts without hurting my credit score?” Most often, the answer is no. Here’s why.
March 26th, 2009. . Read More »
When I asked readers how you split expenses with your partner or spouse, a few responded that they maintained separate checking accounts but shared a joint credit card account for monthly purchases like groceries and [...]
March 18th, 2009. . Read More »
