Credit Card Rate Report
Annual percentage rates for new credit card offers dipped lower this week, according to the CreditCards.com Weekly Credit Card Rate Report. Banks tweaked some offer rates this week, while minutes from the Federal Reserve’s August meeting suggest its next change to monetary policy will take interest rates higher. Of the nine credit card categories tracked by [...]
Credit Card Direct Mail Offers Decline
The number of credit card offers mailed to Americans has declined for the third consecutive quarter, according to new research from Mintel Comperemedia. Estimated acquisition mail volume for credit cards fell nearly 8% from Q1 2008 to Q2 2008 (from 1.67 billion to 1.54 billion).
Help Is On The Way for Credit Card Debt
Credit card debt is a major problem in America—everyone knows that. In fact, credit card debt is perhaps one of the most common—and worst—kind of debt that there is. Why is it worse? Because of its much higher interest rates. Couple that with the fact that thanks to today’s economy, high gas prices (which increase [...]