There’s a lot of advice floating around out there about how to manage your credit cards and other debts to maximize your credit score. The trouble is, not all this wisdom is created equal, and some tips intended to help your credit can actually have the opposite effect. Here are seven supposedly “smart” tips we’ve heard bandied about
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Just in time for Mother’s Day, the Consumer Financial Protection Bureau reversed an unpopular rule that some women’s advocacy groups called “insulting”— although it still took the agency almost a year to do it.
When it comes to spring cleaning, you probably haul the junk out of your garage, scrub your fridge, and wash the rugs and drapes. But don’t forget about your personal finances. Just after tax season is the perfect time to perform …
Starting on Sunday, Jan. 27, retailers will be allowed to tack a surcharge of up to 4% onto your tab if you want to pay with a credit card. If that sounds like a lot, you’re right. Happily, though, it’s unlikely to happen very often.
When we talk about Americans barely into adulthood who are saddled with debilitating levels of debt, the conversation is almost always about student loan debt. But there’s a growing body of evidence suggesting that today’s young adults are also drowning in credit-card debt — and that many of them will take this debt to their graves.
With the payroll tax deduction expiring, consider these financial remedies to make the pain on your wallet a little more bearable.
As the holiday marketing machine cranks into gear, more of us will start contemplating the upcoming season’s spending — and our credit limits. Credit card issuers have relaxed their lending policies, says CardRatings.com …
The Credit CARD Act of 2009 ushered in a slew of new protections for credit cardholders, but it also led to some unintended consequences. One of the biggest was the clause that can be thought of as the “stay-at-home-mom penalty,” and the Consumer Financial Protection Bureau now says it’s going to fix that.
Unpaid credit card debts can cause a whole host of headaches, from annoying collection calls all the way to wage garnishment. In the case of this one borrower, though, his debt situation snowballed so badly it cost him his job.
New research shows Americans are having a big love-in with their credit cards — relatively speaking, that is. J.D. Power and Associates said last week that we’re happier with our credit cards than we’ve ever been in the six …
At 12 years old, most of us didn’t hold down regular jobs, except for maybe the odd baby-sitting or lawn-mowing gig. But one-fourth of parents today expect their kids to start socking away the contents of their piggy banks to …
Last month, Capital One was hit with a $210 million penalty for engaging in sneaky marketing practices, including pressuring customers to sign on to pricey services of dubious value such as credit monitoring and “payment …
