Credit

Here you will find the buzz about what’s going on with credit today. We will look at credit trends, how to get a good credit deal, how to maintain a good credit score and how to use credit cards to your advantage.

Secure, or not? Assess the risk before sending credit card info

By Cynthia Drake Before you send your credit card information online, over the phone or by mail, it helps to think like a hacker. The next time you’re about to share your credit card number, put on a robber’s raccoon mask and think about it: Where are the potential breach spots along the path your […]

Is Credit Sesame a Scam or Legit?

By Lori Kelley Your credit score is important for a variety of reasons. This score can have a huge impact on how much you’ll end up paying in interest on loans, sometimes with a difference of tens of thousands of dollar, depending on how good your FICO score is. For that reason, people who are […]

Too late for a refund? Return assistance programs may help

By Lisa Bertagnoli An extra blanket at the foot of the bed or a second application of sunscreen — that’s how credit card companies want consumers to think of return assistance programs. Not the first line of defense, but extra protection should a cardholder want to get a refund on a purchase after the retailer’s […]

‘Jamming’ cleans your credit — temporarily

Guest Post by  Kelly Dilworth A long-running scam by illegitimate credit repair operations is throwing a wrench into the already-beleaguered credit report dispute process, making it harder for the big three credit bureaus to keep up with legitimate disputes. Credit reporting agencies complain they are inundated with dispute letters bulk mailed by fraudulent credit repair clinics, […]

Complain and Win: 4 Tips for Calling Credit Card Customer Service

By Karen Haywood Queen A sense of dread fills many of us when we think about calling to report a credit card problem. The countless minutes spent listening to soul-destroying hold music — only to wind up with an unhelpful customer service agent who drops your call — are enough to make even the most […]

Credit is getting easier to find, Fed says

By Tim Mullaney (USA Today) The nation’s banks are slowly loosening the reins on credit, a survey of bank lending executives by the Federal Reserve said Monday. The clearest changes in the last three months came in commercial lending and in personal loans other than mortgages, the central bank said in a quarterly report released […]

Scam Alert: Watch Out for $9.84 Charges on Your Credit Card Statement

By April Lewis-Parks Do you check your credit card statements regularly? If not, you are the type of victim that these credit card scammers are looking for. Scammers are banking on the fact that most consumers don’t check their credit card statements regularly or that carefully. This new con places unexplainable charges of $9.84 on […]

How Bad Moves on Social Media Could Damage Your Credit Score

By Erin Lowry Dramatically quitting your job via viral video might seem appealing after your boss starts screaming at you — again– but for the sake of your credit score, it’s probably not a good idea. According to a recent report from the Wall Street Journal, lending companies and Fair Isaac (FICO) might soon start […]

How Bad Are Credit Card Cash Advances

By April Lewis-Parks Did you know that when you withdraw money from an ATM using your credit card or use one of those checks that come in your monthly credit card statement, you can add an average of 24 percent to your annual interest? Unlike using a credit card to make multiple purchases with an […]

Hidden Credit Card Perks That Consumers May Be Unaware of

By Jessica Williams When it comes to credit cards, we as consumers have been told time and time again to read the fine print. Of course this was created to insure that the credit card lender is protected at all times, however credit card terms and agreements are not always out to get you. A […]

Steps to Creating a Personal Budget

By April Lewis-Parks It takes 21 days to build and keep a habit. This is a great thing to remember when starting and maintaining a good financial personal budget. How and what you choose to spend your money on will dictate the outcome of how minor or major your budgeting process will have to be. […]

How to do a credit card balance transfer
Helpful Hints For Completing A Balance Transfer on Your Credit Card
A credit card balance transfer can be a great way to consolidate debt, but only in the right circumstances. Here's what you need to know about transfers.
Four Myths About Credit Scores

Credit scores are essential for financial success, as lenders will use this figure to determine what terms and rate to offer on all loans – mortgages, personal lines of credit, auto loans. That being said, it is important to have a vast knowledge about this number, so people don’t do anything to damage their rating. […]

Four Tips For Quickly Boosting Your Credit Score

By Jessica Williams

What You Need To Do When Canceling A Credit Card

After paying down credit card debt that has been a nuisance for quite some time, it may be tempting to cancel the card, so you don’t find yourself in trouble again. However, completing this process the wrong way can lead to your credit score falling, so be sure you know what you are doing. Only […]