Kamis, 10 Mei 2012

This week's top story: Card debt makes biggest jump in a decade

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More credit card news | Credit card help | Credit card videos | Credit card statistics May 10, 2012
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CreditCards.com's weekly newsletter features the latest consumer information and updates from the leading source of credit card news.
 
Top credit card stories

Consumers' credit card balances increase 8 percent
Consumers' card balances surged in March, breaking a two-month streak of declines and helping push overall consumer credit balances to their biggest increase in more than a decade. More... 
Card designs show plastic's flashy side
These winners of the Elan Awards, given to the year's most innovative card designs, sparkle, shine and don't deserve to be hidden in a wallet. More... 
Survey: Costs of prepaid cards vary widely
As more consumers turn to prepaid cards for budgeting and flexibility, our 2012 survey reveals that fees for these cards are all over the map. More... 
6 reasons to avoid payday loans
With all the bad press payday loans get, you'd think people would steer clear of them. But the lure of fast cash keeps them coming despite the risks. More... 
Expert credit card advice

Dealing with a spouse's secret card debt
'To Her Credit' expert Sally Herigstad
When one spouse repeatedly lies about credit card debt and keeps it a secret, what's the other spouse to do? More...
 
When it's OK to get a second credit card
'Opening Credits' expert Erica Sandberg
You've behaved well with your first credit card, but the limit is low. How do you know when it's time to get a second credit card?
More...
 
High balances can kill a high credit score
'Credit Care' expert Tanisha Warner
Even if your credit score is high, issuers may still reject you for a new card if most of your card balances are near their limit.
More...
 
Buying merchandise with points: A good deal?
'Cashing In' expert Cathleen McCarthy
Keeping up with rotating rewards programs takes time and energy, so is buying stuff with your points instead a better option? More...
 
More credit card news

This small potato wants a slice of Facebook's IPO
Blogger Connie Prater really wants to get in on the small chunk of Facebook's IPO for small-scale investors. More... 
Infographic: Issuers at bottom of forgiveness scale
When things go wrong, most consumers can forgive and forget their grocery store or retailers, but credit card issuers? Not a chance. More... 
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CreditCards.com CARDMATCH

Credit card rate report
(as of 5-10-2012)
National Average   14.91%
Business   12.67%
Low Interest   10.40%
Balance Transfer   12.43%
Cash Back   14.24%
Reward   14.70%
Bad Credit   23.64%
Airline   14.63%
Student   13.77%
Instant Approval   15.49%

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