A No Fee Balance Transfer Credit Card That Can Help Build Home Equity

0% intro APR credit cards that don’t charge a fee for transferring balances are very attractive to money-conscious consumers who are looking to get a vacation from paying interest on their credit card debt. Visitors to the website at Balance Transfer Credit Cards, however, are clearly favoring a feeless balance transfer credit card that can [...]

Contact the right regulator

Comptroller of the Currency John Dugan heads the federal agency that oversees the banks handling much of the nation’s consumer lending. Those 1,750 nationally chartered commercial banks include heavyweights like Citibank, Chase, and Bank of America. Dugan’s agency just launched a website to guide consumers through disputes with their banks. He told U.S. News that [...]

Bailing out on your credit card

These days you can use your credit card to buy everything from gas to groceries. So, why not use it to bail out of jail? “I see this as a way of business,” said Major Pat Tighe of the St. Lucie County Sheriff’s Office. “Every gas station, every retail cash business has the debit card, [...]

Which Credit Card Companies Have the Worst Hidden Fees & Helfty Penalties

If you like to use your credit card, you’ve probably had this happen to you. You open up the monthly bill, and you find an expensive surprises. Alexis Christoforous has some tips on how to save yourself some money.

A Trillion-Dollar Credit Card Charge… or Not?

The Federal Reserve keeps thorough records of U.S. consumer credit, and most of the data goes back 30 years or longer. It’s all on the Internet, too. Scroll through the numbers, and before long you’ll have what amounts to a crash course in how rapidly the debt levels have grown during just one generation.

Home Prices Falling, Credit Card Defaults Rising

Home prices in the U.S. fell during the second quarter this year at record pace. It was, in fact, the quickest drop ever recorded by Standard & Poor’s since it began its nationwide housing index in 1987. The research group reported the 3.2 percent drop on Tuesday. One of the index’s architects implied that the [...]

Chevron to Sell Proprietary Credit Card Businesses to GE Money and Fleetcor

Chevron Corporation today announced that its subsidiaries Chevron U.S.A. Inc. and Chevron Credit Bank, N.A. reached agreements to sell their respective proprietary credit card businesses. Chevron has selected GE Money Bank, N.A. to own and operate its Chevron(R)- and Texaco(R)-branded consumer credit cards and FleetCor Technologies Operating Company, LLC to own and operate its branded [...]