The Art of Overturning a Credit Card Rejection

Credit Cards

The Art of Overturning a Credit Card Rejection

The Art of Overturning a Credit Card Rejection

It makes sense that people who are in the process of rebuilding their credit history might have their credit card application declined. But in fact, even those who have a good credit history and little debt can still have their credit card applications rejected. Neither applicant should give up, as there is a little known… Read More

3 Ways to Unload Unwanted Gift Cards

Personal Finance

3 Ways to Unload Unwanted Gift Cards

3 Ways to Unload Unwanted Gift Cards

There’s a good chance that among the gifts you get this holiday season, at least one will be a gift card. They are easy to buy and give, and often popular with those who receive them. According to the National Retail Federation’s annual holiday survey, six in 10 (59.8%) of those polled say they’d like… Read More

Consumers Fell Behind on Credit Card Payments in November

Credit Cards

Consumers Fell Behind on Credit Card Payments in November

Consumers Fell Behind on Credit Card Payments in November

Borrowers’ credit card habits have changed drastically since the end of the recession, but as they’ve started carrying slightly more debt in recent months, default rates for some of the nation’s top lenders crept upwards in November. Capital One Financial, Discover Financial Services and American Express all saw higher rates of charged off credit card… Read More

Experts Worry About the Impact of Holiday Spending

Personal Finance

Experts Worry About the Impact of Holiday Spending

Experts Worry About the Impact of Holiday Spending

Consumers may have tried to cut out credit card debt in the few years since the end of the recession, but in the last several months, old borrowing habits are creeping back into many people’s lives, and that could be a problem this holiday season. Numerous studies recently have shown that consumers are once again… Read More

The Pocket Guide to Your Credit Rights

Credit 101

The Pocket Guide to Your Credit Rights

The Pocket Guide to Your Credit Rights

Everything you need to know about your credit rights pretty much begins and ends with the Fair Credit Reporting Act (FCRA). The law was first enacted in 1970 and has been amended more than a dozen times over the years. The FCRA is 84 pages long and outlines the rules and regulations for the credit… Read More

Student Loan Burden Can Snowball, Crippling Borrowers

Students

Student Loan Burden Can Snowball, Crippling Borrowers

Student Loan Burden Can Snowball, Crippling Borrowers

These days, the average college graduate leaves school with tens of thousands of dollars of student loan debt, and now it seems that all those financial obligations can linger for years or more, and force many into credit trouble. The way in which American college graduates are required to pay their student loan obligations relatively… Read More

7 Tips for Breaking Bad Financial Habits

Personal Finance

7 Tips for Breaking Bad Financial Habits

7 Tips for Breaking Bad Financial Habits

For most of us, our financial habits were picked up early on from watching and learning from our parents as we were growing up. If you were lucky enough to have financially savvy parents to guide you, managing your finances probably comes easily to you and is second nature. For many of us, though, myself… Read More

How HELOCs Impact Your Credit Score

Credit Score

How HELOCs Impact Your Credit Score

How HELOCs Impact Your Credit Score

An ongoing challenge for a credit-scoring enthusiast is trying to figure out why a credit score at one consumer reporting agency (CRA) is different from a credit score at another, all things being equal. Sure, most of us who follow this stuff know that the credit reports differ at least slightly from bureau to bureau,… Read More

Credit Newbies Go For Credit Cards Over Loans

Credit Cards

Credit Newbies Go For Credit Cards Over Loans

Credit Newbies Go For Credit Cards Over Loans

When Americans are new to using credit, they may have many options for doing so, but in most cases, it seems they turn not to loans, but credit cards. Credit cards are consumers’ preferred means of obtaining their first financing from October 2005 through 2011, far outstripping loans for education, auto purchases, homes, and so… Read More

Show Me More