Put the names of the children on the credit cards but don’t give the kid a card or tell him or her
Parents with a good credit rating who want to give young adults a “boost” with their credit rating can put the names of their children on their credit cards as authorized users when they are young so that they will already have a good credit history when they go to get their first car loans, [...]
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 [...]
Credit card lenders’ practices and ethics under increasing scrutiny
Some call it legalized loan-sharking. Others insist it’s the only way to ensure all Americans have access to credit.
In either case, the lending practices of credit card companies are coming under increased scrutiny these days. Congress is considering legislation that would curb companies’ ability to raise interest rates on cardholders’ unpaid balances and to charge [...]
Credit Cards Rates Rise for Some With Poor Credit
The Nation’s Mortgage Problems Spread Past Housing Market
Don’t own a home or plan to buy one anytime soon? Well, listen up because the fallout from the country’s mortgage problems could still affect you.
Several credit card companies in recent weeks have started to jack up rates for some customers, and other lenders are tightening standards for [...]
Rising Reliance On Credit Cards Could Reflect Subprime Fallout
Rising credit card borrowing may be a sign of consumer distress spreading from the subprime mortgage market to other types of lending, some economists say.
While defaults among home buyers have spiked, the number of credit card loans in delinquency has been running steady.
Rates on credit cards are rising as banks tighten lending standards
NEW YORK — This credit crunch isn’t limited to mortgages. Consumer products from home equity loans to credit cards are getting more expensive and harder to get. Here’s what you need to know.
Weekly Credit Card Rate Report
AUSTIN, Texas — Credit card interest rates remained flat this week across all popular card categories, as speculation of a pending prime rate movement by the Federal Reserve continues amid conflicting opinions by experts.
Potential prime rate increases are noteworthy to those [...]