This week’s stories come from some of our favorite blogs reporting on our favorite topic: credit. Our top picks this week touch on how we spend, how much we spend and the things we’ll do for credit. They also explore how new regulations can help and hurt us. Remember, if you like any of our weekly favorites, we encourage you to follow them on twitter for regular updates. And don’t forget to follow Credit.com at @CreditExperts while you’re at it!
The Way We Pay in America – Most Popular Payment Methods, Federal Reserve Payments Study 2010
Cash may be king, but it is quickly becoming a stale monarchy. With debit card use and other electronic payments on the rise, older forms of payment are taking a backseat to the new way we pay. @moneycrashers
Are Individuals Allowed To Use Business Credit Cards?
There are several reasons why business cards are more profitable than individual cards –and some individuals can qualify for them. Although consumers may be able to get away with this, it doesn’t necessarily mean that they should. @arohan
My Credit Card Had a 79.9% APR
Those with bad credit are often eager to get a credit card no matter what the interest rate. This often leads to quick default and charge-offs. Changes have been made, but the problems remain. @CNNMoney
Consumer Credit Increases In December
After many months of austerity, Americans are putting their purchases back on their credit cards. The last quarter of 2010 saw sharp increases on credit card balances. @ConsumerAffairs
Will New Credit Card Rules Hurt Women?
New regulations preventing banks from giving credit to people who may not be able to pay it back is a good thing. However, there is the potential that stay-at-home moms and even women in abusive relationships would be denied credit they need. @walletpopper