Credit card news archive

Credit card news stories and articles archive at CreditCards.com.





Latest credit card news


 All credit card news

View all credit card news stories

Where to turn for help with overwhelming debt -- When bankruptcy and debt settlement sound like bad ideas, where else can you ask for help? ... (See Credit counseling)

Is it time to negotiate a new merchant account? -- Some business owners stick with a merchant services account they secured as a startup, but that now costs them more than they should be paying ... (See Merchant account)

Out of 11 cards, which 7 do I cancel? -- Having a zero balance on all the cards makes credit score impact minimal ... (See Canceling a card)


 Bad credit, credit repair

View all bad credit, credit repair stories

Where to turn for help with overwhelming debt -- When bankruptcy and debt settlement sound like bad ideas, where else can you ask for help? ... (See Credit counseling)

Credit card delinquencies improve despite economic chill -- U.S. consumers improved their on-time payment performance on credit card bills during the first quarter, despite shrinkage in the economy ... (See Delinquency statistics)

Credit card use and availability statistics -- How available is credit for U.S. consumers and how are we using it? Our research team investigates the trends in statistics ... (See Card use statistics)


 Balance transfer, debt consolidation

View all balance transfer, debt consolidation stories

Out of 11 cards, which 7 do I cancel? -- Having a zero balance on all the cards makes credit score impact minimal ... (See Canceling a card)

How credit reports handle balance transfers -- If your payment record was good, try to keep both the new and old accounts open -- it'll help your credit score ... (See Balance transfer)

Rate survey: Average APR lodged at 15 percent for 6th straight week -- July 29, 2015: Interest rates on new credit card offers were left unchanged again this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)


 Breaking news

View all breaking news stories

Credit card delinquencies improve despite economic chill -- U.S. consumers improved their on-time payment performance on credit card bills during the first quarter, despite shrinkage in the economy ... (See Delinquency statistics)

Fed holds course but rate hike draws nearer -- APRs on variable rate credit cards will hold steady a while longer, as the Federal Reserve decided that the economy still needs support from cheap money ... (See FOMC)

Rate survey: Average APR lodged at 15 percent for 6th straight week -- July 29, 2015: Interest rates on new credit card offers were left unchanged again this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)


 Business credit cards

View all business credit cards stories

Rate survey: Average APR lodged at 15 percent for 6th straight week -- July 29, 2015: Interest rates on new credit card offers were left unchanged again this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Rate survey: Average card rate remains stuck at 15 percent -- July 22, 2015: Interest rates on new credit card offers stayed in place again this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)

Business debt caused by partner's con? You're still on the hook -- A business owner must pay credit card debt he owes, even though it was caused by an ex- business partner's shenanigans ... (See Business debt)


 Cash back cards

View all cash back cards stories

5 tips for saving money on pet costs -- If the cost of your animal companion is draining your wallet, it's time to rethink how your pay for your precious pet's care. ... (See Saving on pet costs)

Cash back rewards scarce for business owner with bad credit -- Bad personal credit? Rewards may be out of reach until you raise your score, even if your business itself has good credit ... (See Cash back for business)

Using credit to manage monthly income swings -- Rich one month, poor the next? If handled wisely -- and only occasionally -- credit cards can be a lifeline ... (See Income swings)


 Cashing In Q&A columns

View all cashing in q&a columns stories

Changing your reward card when airlines shift strategies -- It makes sense to monitor the companies connected to your credit card rather than get stuck with rewards you won't use ... (See Rewards)

Cashing in reward points after death -- If you've got to oversee distribution of reward points to heirs of a deceased cardholder, it's best to redeem them for something with a concrete value ... (See Rewards)

Rewards earned via business spending are tax-free, for now -- The IRS has been consistent in its interpretations, but increasing complexity could prompt changes ... (See Tax free rewards)


 Credit account management

View all credit account management stories

Where to turn for help with overwhelming debt -- When bankruptcy and debt settlement sound like bad ideas, where else can you ask for help? ... (See Credit counseling)

Out of 11 cards, which 7 do I cancel? -- Having a zero balance on all the cards makes credit score impact minimal ... (See Canceling a card)

Credit card delinquencies improve despite economic chill -- U.S. consumers improved their on-time payment performance on credit card bills during the first quarter, despite shrinkage in the economy ... (See Delinquency statistics)


 Credit Card Help

View all credit card help stories

6 ways to safeguard cards when shopping electronically -- Shopping online or via an app is convenient, but it can put your credit or debit card at risk. Here are ways to stay safe ... (See App security)

Gas card survey finds pedestrian rewards -- When it comes to rewards, the most venerable of credit cards -- gas-brand cards -- remain stuck in the slow lane, with high APRs and limited paybacks. They remain useful for credit-building or a quick burst of savings ... (See Gas card survey)

Financing a new laptop? Do the math first -- A 0-percent finance deal to buy a new computer is almost too good to pass up for one consumer. But being new to credit, this might not be the best way to go ... (See Financing)


 Credit card videos

View all credit card videos stories

What to say (and NOT say) to debt collectors -- When a debt collector calls, you may be tempted to lose your cool. This video shows you how to handle that dreaded phone call ... (See When debt collectors call)

Video: Debt collector calling? Know your rights -- Find out what a debt collector can and cannot say when they call you ... (See Debt collector)

Video: Tips for using mobile gift cards -- Mobile gift cards can slim down your wallet while keeping your gift cards organized and safely password protected. They make great last-minute gifts, too ... (See Mobile gift card tips)


 Credit scores, credit reports

View all credit scores, credit reports stories

Credit card delinquencies improve despite economic chill -- U.S. consumers improved their on-time payment performance on credit card bills during the first quarter, despite shrinkage in the economy ... (See Delinquency statistics)

Credit card use and availability statistics -- How available is credit for U.S. consumers and how are we using it? Our research team investigates the trends in statistics ... (See Card use statistics)

How credit reports handle balance transfers -- If your payment record was good, try to keep both the new and old accounts open -- it'll help your credit score ... (See Balance transfer)


 Credit Wise

View all credit wise stories

Where to turn for help with overwhelming debt -- When bankruptcy and debt settlement sound like bad ideas, where else can you ask for help? ... (See Credit counseling)

Be cautious with new credit when considering bankruptcy -- Getting a new credit card when you're about to file bankruptcy is rarely a wise idea ... (See Considering bankrputcy)

Can too many cards lead to loan rejection? -- According to FICO, there is no such thing as a penalty for too much unused credit ... (See Rejection)


 Emerging payment systems: Prepaid, debit, gift cards

View all emerging payment systems: prepaid, debit, gift cards stories

Is it time to negotiate a new merchant account? -- Some business owners stick with a merchant services account they secured as a startup, but that now costs them more than they should be paying ... (See Merchant account)

Rate survey: Average APR lodged at 15 percent for 6th straight week -- July 29, 2015: Interest rates on new credit card offers were left unchanged again this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Cardless cash ATMs aim to reduce fraud -- New technology allows you to use your smartphone to withdraw cash, as a way to fight growing ATM fraud ... (See Cardless cash)


 Expert Q&A

View all expert q&a stories

Where to turn for help with overwhelming debt -- When bankruptcy and debt settlement sound like bad ideas, where else can you ask for help? ... (See Credit counseling)

Out of 11 cards, which 7 do I cancel? -- Having a zero balance on all the cards makes credit score impact minimal ... (See Canceling a card)

How credit reports handle balance transfers -- If your payment record was good, try to keep both the new and old accounts open -- it'll help your credit score ... (See Balance transfer)


 Frequent flier programs, airline rewards

View all frequent flier programs, airline rewards stories

Rate survey: Average APR lodged at 15 percent for 6th straight week -- July 29, 2015: Interest rates on new credit card offers were left unchanged again this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Changing your reward card when airlines shift strategies -- It makes sense to monitor the companies connected to your credit card rather than get stuck with rewards you won't use ... (See Rewards)

How credit cards saved my vacation -- As intrepid travelers know well, few trips go perfectly as planned. That's when your credit card can come to the rescue. ... (See Vacation)


 Infographics

View all infographics stories

Credit card delinquencies improve despite economic chill -- U.S. consumers improved their on-time payment performance on credit card bills during the first quarter, despite shrinkage in the economy ... (See Delinquency statistics)

Volume of credit cards finally back up near pre-recession levels -- As of the fourth quarter of 2014, the total number of open credit card accounts, and the volume of new cards being issued, are both nearing the 2008 levels ... (See Credit card volume)

Survey: Employees less likely to borrow on cards for necessities -- A fifth of employees have to borrow on their credit cards to pay for monthly necessities, a study by PwC shows, but overall, workers' financial wellness is improving ... (See Employees' financial wellness)


 Innovations, features, new products

View all innovations, features, new products stories

Privacy or rewards? Some card programs force you to choose -- Some banks won't let you fully participate in their rewards program if you opt out of them sharing your data ... (See Rewards vs. privacy)

Cardless cash ATMs aim to reduce fraud -- New technology allows you to use your smartphone to withdraw cash, as a way to fight growing ATM fraud ... (See Cardless cash)

Perks multiply in latest generation of elite cards -- Why shell out $400 a year or more just to carry a super premium credit card? It's all about the perks. ... (See Elite cards)


 Legal, regulatory, privacy issues

View all legal, regulatory, privacy issues stories

Fed holds course but rate hike draws nearer -- APRs on variable rate credit cards will hold steady a while longer, as the Federal Reserve decided that the economy still needs support from cheap money ... (See FOMC)

Privacy or rewards? Some card programs force you to choose -- Some banks won't let you fully participate in their rewards program if you opt out of them sharing your data ... (See Rewards vs. privacy)

Mom steals ID, racks up debt, ruins daughter's credit -- Reluctant to turn her mom in, a daughter now faces thousands in debt that she can't repay ... (See Theft)


 Low interest, zero percent cards

View all low interest, zero percent cards stories

Rate survey: Average APR lodged at 15 percent for 6th straight week -- July 29, 2015: Interest rates on new credit card offers were left unchanged again this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Rate survey: Average card rate remains stuck at 15 percent -- July 22, 2015: Interest rates on new credit card offers stayed in place again this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)

Rate survey: Average card rate remains at 15 percent -- July 15, 2015: Interest rates on new credit card offers remained unchanged again this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)


 Merchant accounts

View all merchant accounts stories

Is it time to negotiate a new merchant account? -- Some business owners stick with a merchant services account they secured as a startup, but that now costs them more than they should be paying ... (See Merchant account)

Lowering merchant fees on large sales -- If your business sells big-ticket items, merchant fees on credit card transactions can add up. That doesn't necessarily mean you should limit your card acceptance, though ... (See Merchant fees)

8 steps to fighting chargeback fraud -- Credit card chargeback fraud is an ongoing problem for small businesses, which can have dire consequences. Though it's hard to detect, there are ways to fight back ... (See Chargeback fraud)


 Opening Credits

View all opening credits stories

Mom steals ID, racks up debt, ruins daughter's credit -- Reluctant to turn her mom in, a daughter now faces thousands in debt that she can't repay ... (See Theft)

How a balance transfer card can boost FICO score -- Opening a new line of credit can boost your rating by reducing your overall debt-to-credit-limit ratio ... (See Balance transfer)

Don't let new card's annual fee take you by surprise -- When applying for a new card, take the time to review its fee structure before you sign up ... (See Fees)


 Research, statistics

View all research, statistics stories

Credit card delinquencies improve despite economic chill -- U.S. consumers improved their on-time payment performance on credit card bills during the first quarter, despite shrinkage in the economy ... (See Delinquency statistics)

Rate survey: Average APR lodged at 15 percent for 6th straight week -- July 29, 2015: Interest rates on new credit card offers were left unchanged again this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Cities with the biggest, smallest credit card debt burdens -- People on the coasts aren't known for frugal living, but when you consider their income, they carry the lightest credit card debt ... (See City debt burden)


 Reward programs

View all reward programs stories

Rate survey: Average APR lodged at 15 percent for 6th straight week -- July 29, 2015: Interest rates on new credit card offers were left unchanged again this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Privacy or rewards? Some card programs force you to choose -- Some banks won't let you fully participate in their rewards program if you opt out of them sharing your data ... (See Rewards vs. privacy)

Changing your reward card when airlines shift strategies -- It makes sense to monitor the companies connected to your credit card rather than get stuck with rewards you won't use ... (See Rewards)


 Shopping

View all shopping stories

Credit card use and availability statistics -- How available is credit for U.S. consumers and how are we using it? Our research team investigates the trends in statistics ... (See Card use statistics)

Rate survey: Average APR lodged at 15 percent for 6th straight week -- July 29, 2015: Interest rates on new credit card offers were left unchanged again this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Privacy or rewards? Some card programs force you to choose -- Some banks won't let you fully participate in their rewards program if you opt out of them sharing your data ... (See Rewards vs. privacy)


 Speaking of Credit

View all speaking of credit stories

How credit reports handle balance transfers -- If your payment record was good, try to keep both the new and old accounts open -- it'll help your credit score ... (See Balance transfer)

Tips to boost credit score enough to qualify for a mortgage -- Low and mismanaged credit can be bumped up by taking these three credit card actions ... (See Improve score)

How a balance transfer card can boost FICO score -- Opening a new line of credit can boost your rating by reducing your overall debt-to-credit-limit ratio ... (See Balance transfer)


 Spotlight: People and their plastic

View all spotlight: people and their plastic stories

Money advice from famous TV dads -- Sheriff Andy Taylor, Ben Cartwright, Louis Huang and even Homer Simpson can give financial lessons ... (See Money advice from TV dads)

How 'microresolutions' can transform your finances -- 'Small Move, Big Change' author Caroline Arnold was tired of failing her New Year's resolutions, so she took a bold step to break them down in achievable actions ... (See Microresolutions)

Q&A 'Future Crimes' author Marc Goodman -- Technology is rapidly evolving and so is cybercrime. Marc Goodman, author of "Future Crimes: Everything Is Connected, Everyone Is Vulnerable, and What We Can Do About It," explains ... (See Marc Goodman)


 Student credit cards, young credit

View all student credit cards, young credit stories

Rate survey: Average APR lodged at 15 percent for 6th straight week -- July 29, 2015: Interest rates on new credit card offers were left unchanged again this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)

Rate survey: Average card rate remains stuck at 15 percent -- July 22, 2015: Interest rates on new credit card offers stayed in place again this week, according to the CreditCards.com Weekly Credit Card Rate Report ... (See Rate report)

Rate survey: Average card rate remains at 15 percent -- July 15, 2015: Interest rates on new credit card offers remained unchanged again this week, according to the CreditCards.com Weekly Credit Card Rate Report. ... (See Rate report)


 To Her Credit

View all to her credit stories

Out of 11 cards, which 7 do I cancel? -- Having a zero balance on all the cards makes credit score impact minimal ... (See Canceling a card)

Secured card may be best when on a fixed income -- With your deposit as your credit line, you can't spend more than what you can repay ... (See Secured card)

Collectors can't win judgment without proof of debt -- A collector cannot win in court without proof that a debt is yours ... (See Proof)


 Your Business Credit

View all your business credit stories

Business at risk in personal bankruptcy -- In both Chapter 7 and Chapter 13 bankruptcy, you may have to give up your business, even if it's failing ... (See Bankruptcy)

Business debt caused by partner's con? You're still on the hook -- A business owner must pay credit card debt he owes, even though it was caused by an ex- business partner's shenanigans ... (See Business debt)

If disputing a charge with PayPal, approach merchant first -- if you want to continue to maintain a good relationship with a merchant, it's always better to try to seek a refund from him directly than to go straight to a card issuer or a third-party processor such as PayPal ... (See Refunds)


Uncategorized

View all Uncategorized stories

0 percent credit cards: a sweet deal if played right -- A credit card with an introductory 0 percent APR is one of the best deals in personal finance. It's also one of the most important ... (more)

Tips for choosing a business card -- One of the primary benefits of a business card is to separate your personal finances from your business account. This helps limit your personal risk ... (more)

Tips for choosing a student credit card -- A student credit card can be a meaningful first step toward financial independence, a way of building the kind of credit that can help secure ... (more)