Best Credit Cards for Students and Grads

Whether you’re still in college or approaching graduation, no doubt you have learned the importance to establishing and building a good credit history. At this age, building a credit history is important, and can set you up for a lifetime of adequate credit access with favorable interest rates, if done correctly. Over the next couple… Read More »

The Pros and Cons of Prepaid Credit Cards

Observers in the lending industry have estimated that there may be at least 50 million Americans who are not able to qualify for credit. These consumers are usually young, often members of minority groups, and do not have bank accounts. As a result, they face the long-standing dilemma of credit: how can I build my… Read More »

Credit Card Balance Transfer Trends

If you’re one who likes to, or needs to, initiate the occasional credit card balance transfer, it looks like 2015 will continue of offer sweet deals to credit-worthy borrowers, as many credit card issuers are continuing to offer very favorable rates and terms. Even under the constant threat of looming interest rate hikes by the… Read More »

6 Ways to Fix Your Credit Now!

Millions of Americans suffered blows to their credit score in recent years, as unemployment, foreclosures and bankruptcies soared. However, the damage doesn’t have to be permanent, if you know how to bounce back. And, even though the economy is slowly improving, and credit issuers are beginning to loosening up their lending standards once again, you… Read More »

Advancements in Credit Card Security

In last week’s posting, we explored the shortcomings magnetic stripe credit cards, and the fact that cards with microchips embedded into them are on the way. However, we also know that U.S. credit card issuers are slow to adopt a chip-and-PIN verification system (which much of the rest of the world uses, very successfully, I… Read More »

New Credit Card, Same Old Problem

Banks and retailers in the United States are about to undertake a $30 billion-plus upgrade of the way they process credit card and debit card transactions. The current, outdated magnetic stripe technology will eventually be replaced by smart cards with computer chips embedded within them. With the new cards, you will “dip” them into new… Read More »