Credit Card Blog

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[9 Mar 2010 | No Comment | ]

ABC News reports some violent reactions to the idea.


As we’ve reported, the CARD Act changed the age at which children can apply to credit cards.

The parents are concerned- but maybe they should give credit a chance.

You can help build your child’s credit and responsibility through cards. Managing credit is an important skill to be financially viable later on.

Of …

Credit Card Blog »

[8 Mar 2010 | No Comment | ]

A tweet about American Express prompted us to research the company’s relationships with merchants.

An interesting article at Bargainer highlights the average fees merchants pay to credit card companies.

Want a peek behind the curtains? This is it.

Credit Card Blog »

[5 Mar 2010 | No Comment | ]

Here’s a fun promotional video for MasterCard PayPass created for Polish consumers.

We like the music and fun, retro style.

Enjoy.

MasterCard PayPass from Bitter Lix on Vimeo.

Credit Card Blog »

[4 Mar 2010 | No Comment | ]

The CARD act may have a few more consequences.

One commenter notes that CARD has reduced the number of cash back offers for consumers.

Of course, it’s easy to interpret this in a couple of ways. For those who like credit card companies, this makes the CARD Act seem financially harmful to “good” credit card users. For those who are upset by credit practices, it’s a sign that the CARD Act is reducing certain negative financial incentives.

We’ll remain impartial- but it is interesting to see how the CARD Act affects all …

Credit Card Blog »

[3 Mar 2010 | No Comment | ]

Travelers may rely upon credit cards when going abroad. However, the convenience of credit should be coupled with some amount of concern. This post from Lonely Planet founder Tony Wheeler illuminates some of the confusion about varying exchange rates and credit cards.

Credit Card Blog »

[2 Mar 2010 | No Comment | ]

OriginalNixster is confused:

I really just don’t understand this whole FICO Score / Credit report thing

We’d encourage checking out some of our resources on the topic.

A good start? Reading our articles on credit scores and FICO scores.

In short, these scores are ways of measuring your financial reliability based on your credit history. It’s simple to understand but, of course, can take a lifetime to perfect.

Credit Card Blog »

[28 Feb 2010 | No Comment | ]

Frontline provides a solid new update on the CARD Act.

Their coverage is always worth checking out.

Credit Card Blog »

[27 Feb 2010 | No Comment | ]

If you’ve followed us, you know we’ve covered extra info about FreeCreditReport.com (maybe too much).

Aficionados can now add another site to the list- FreeCreditReport.com Tabs, for aspiring guitar players.

That’s in addition to our reports on where to see the FreeCreditReport.com commercials, who is the FreeCreditReport.com guy, and how to get a FreeCreditReport.com ringtone.

Happy singing.

Credit Card Blog »

[26 Feb 2010 | No Comment | ]

This week we’ve taken a break from a lot of our Twitter surveilance to provide you with news on the CARD Act.

It’s important to be aware of all the changes that have gone into effect and adjust your spending, credit application, and financial habits accordingly.

The Christian Science Monitor provides a good overview of everything CARD related. Hopefully, it helps.

Credit Card Blog »

[24 Feb 2010 | No Comment | ]

We’ve been providing ongoing coverage of the CARD Act.

A new benefit?

This page of tools from the Fed helps you analyze, understand, and work with your new credit card bill. It’s a great tutorial to learn the latest news, and is recommended reading for anyone interested in taking credit.