Tuesday, September 29, 2009

This week's top story: Bank overdraft fees draw scrutiny

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More credit card news | Credit card help | Credit card videos | Credit card statistics Sept. 29, 2009
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Top credit card stories

Checking and debit overdraft policies draw scrutiny
Amid increased national scrutiny of banks' overdraft policies, bankers, legislators and consumer advocates are scrambling to paint the best face -- or the worst -- on this increasingly controversial practice. More... 
Prepaid cards replacing checks as rebate payments
Expecting a rebate check? You may be surprised -- and disappointed -- to get a prepaid debit card instead. More... 
Think those new card activation stickers protect you?
You're led to believe that the new card activation sticker will protect you from unauthorized use, but that's not always the case. More... 
APRs rise, even after Fed leaves rates unchanged
The Fed chose to leave interest rates unchanged, but credit card issuers decided it was time to raise their APRs anyway. More... 
Expert credit card advice

Killing the credit card balance that refuses to die
'The Credit Guy' expert Todd Ossenfort
Late charges, over-limit fees, rate hikes and cash advance fees can conspire to prevent a credit card balance from going away.
More...
 
Collecting from a collection agency? Ha!
'Opening Credits' expert Erica Sandberg
Changing your mind after you've paid money to the collection agency isn't likely to work in your favor.
More...
 
Can one spouse's bankruptcy ruin the other's credit?
'To Her Credit' expert Sally Herigstad
If your spouse files for bankruptcy, your credit score may or may not be impacted, depending on where you live and what you owe.
More...
 
More credit card news

How to build a better credit card portfolio
A smart credit card strategy can help you make the most of cards' benefits while steering clear of drawbacks. More... 
Wealthiest consumers still unwilling to spend
Poll: Even those earning over $75,000 annually haven't returned to their old spending habits. More... 
Featured credit card
Capital One No Hassle Miles Rewards Card

Credit card rate report
(as of 9-29-2009)
National Average   12.44%
Balance Transfer   12.10%
Low Interest   11.52%
Business   9.69%
Cash Back   11.69%
Rewards   12.37%
Instant Approval   13.32%
Airline   13.97%
Bad Credit   14.29%
Student   14.45%

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