Category: The Fine Print

The interchange fee is an important term you’ve probably heard a lot of chatter about in the past. What is that number? Why is it that just swiping a credit… READ FULL ARTICLE

…It’s for Business
Credit card interest tax deductable? What’s that?  Those of us who are old enough to remember-but not so old we forget-can recall the good old days, when… READ FULL ARTICLE

Tens of millions of Americans are having trouble paying their bills, and much of that is because of unmanageable credit card debt. So the use of credit card debt settlement… READ FULL ARTICLE

Dynamics Inc. says that it has other innovative credit card technologies in the works that use microchips to enable cards to do rather extraordinary things.
This is the same company… READ FULL ARTICLE

The State University of New York recently put new policies into place that are meant to help stop deceptive credit card marketing schemes that target unwary students. These days the… READ FULL ARTICLE

A recent study took data from more than 1,200 different credit card company contracts and analyzed it to determine just how easy it is for the average consumer to understand… READ FULL ARTICLE

As reported by CNBC and USA Today, many older Americans have decided that since their days are numbered they might as well max-out their sunset years by also taking out… READ FULL ARTICLE

According to the British newspaper the Telegraph, cardholders have done a pretty remarkable job of lowering their credit card debt this year by repaying more of their outstanding credit card… READ FULL ARTICLE

The whole USA depends upon the Federal Reserve Bank as the central banking system for the government and the hub of all banks within the nation. The Fed sets interest… READ FULL ARTICLE

The results of a recent survey conducted by the Morrison's store chain in Britain and published in the widely read and well respected UK Telegraph newspaper confirm what many women… READ FULL ARTICLE

In the wake of credit reform legislation passed earlier this year we hear lots of politicians and credit card companies talking about how easy it is to now understand our… READ FULL ARTICLE

If you consistently pay only the minimum amount due on your credit card accounts, your balance is close to your credit limit, and your credit score is nothing to rave… READ FULL ARTICLE

Most Americans have no idea that the US Treasury Department, which is the government agency that prints and issues money, goes to great lengths to help people whose money has… READ FULL ARTICLE

These days it is common for couples who are not legally married to live together, buy property together, and live the same kind of life that traditional married couples do.… READ FULL ARTICLE

Many consumers make the mistake of assuming that if they get into too much debt by running up credit card balances, they can use bankruptcy as an escape hatch of… READ FULL ARTICLE

An article by personal finance expert Gretchen Morgenson in The New York Times on Sunday (5/3/09) was titled, Students' First Lesson: Beware Loans' Fine Print. If you (or a relative)… READ FULL ARTICLE

Don't assume, just because you mailed your credit card payment at least five days before the due date (as recommended), that it will arrive at the payment- processing center on… READ FULL ARTICLE

In regard to your credit card balance, the more you pay off each month, the more quickly you'll reduce your debt and the more you'll save on interest charges.
That's… READ FULL ARTICLE

With companies of all sizes declaring bankruptcy and/or going out of business, the one exception seems to be the credit card issuers. They seem to be doing OK. And no… READ FULL ARTICLE

Hotels, motels, car rental companies and even many gas stations want to make sure there’s enough available credit on your credit card by the time you complete your business with… READ FULL ARTICLE

Laughable Terms in This Economic Environment
The other day, an unemployed friend of mine received a credit card offer in the mail-complete with a realistic-looking but phony credit card. The… READ FULL ARTICLE

Credit cards come with a lot of terminology that consumers don’t always understand mostly because they have so many other things to worry about on a daily basis. But refreshing… READ FULL ARTICLE

When applying for a new credit card, most consumers focus on the “promotional interest rate or the interest rate that they will be charged for a specific period of time.… READ FULL ARTICLE

While most credit card holders use their cards for groceries, grandma’s birthday present or gasoline fill-ups, there’s a very small percentage of the world’s population holding the American Express Black… READ FULL ARTICLE

In our blog, what are common fees for balance transfers, we explained that most credit card companies charge a percentage of the balance transfer amount without applying a cap. For… READ FULL ARTICLE

If you’re considering one of the many balance transfer cards, you’ll want to do a little homework first. Though the first and most important item that most of us focus… READ FULL ARTICLE

In the world of credit cards, the saying time is money should really be “timing is money”, especially when the topic is the importance of making payments on time. Once… READ FULL ARTICLE