Tuesday, December 22, 2009

This week's top story: Is co-signing poised for a comeback?

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More credit card news | Credit card help | Credit card videos | Credit card statistics December 22, 2009
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CreditCards.com's weekly newsletter features the latest consumer information and updates from the industry's leading source of credit card news.
 
Top credit card stories

Is co-signing poised for a comeback for credit cards?
Experts say it's a headache, issuers rarely offer it, yet the co-signed card may return as a more-regulated industry searches for its lost profits. More... 
Creative new fees help issuers dodge card rules
The Credit CARD Act ends some longtime charges levied against cardholders, but a report shows a new crop of fees are quietly taking their place. More... 
FTC seeks clear path to (really) free credit reports
Ever try to claim your "free" credit report and get sidetracked or charged a fortune? The FTC wants new rules that clear the clutter. More... 
Interactive: Life cycle of delinquent credit card debt
The longer your debt goes unpaid, the more it changes hands. Learn the ins and outs of the delinquent debt cycle in this interactive presentation. More... 
Expert credit card advice

Debt or down payment? The best use for extra cash
'The Credit Guy' expert Todd Ossenfort
Sure, you can raise a credit score by paying off card debt, but don't do it if it means you'll be upside down on a car loan.
More...
 
'No payment, no interest' credit card deal? No way
'Opening Credits' expert Erica Sandberg
Make no mistake: If you've got a credit card with a balance, you've got a minimum payment to make each month.
More...
 
Adult son racks up $20,000 on mom's cards
'To Her Credit' expert Sally Herigstad
When an adult child charges more than $20,000 on joint cards, it's time to cancel the cards and start selling his stuff.
More...
 
Improving a great credit score comes down to timing
'Credit Score Report' expert Jeremy Simon
Bad timing can hurt even high credit scores, but exactly when you pay your bill can help.
More...
 
Taking Charge: A CreditCards.com blog

Payment cards can help keep New Year's resolutions
Credit cards can actually help you achieve those New Year's resolutions. Here's how. More... 
Emily's list: New faces edition
Read a round-up of some of the best personal finance blog posts from the past week -- all from blogs we recently discovered. More... 
Featured low interest credit card
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Credit card rate report
(as of 12-22-2009)
National Average   12.99%
Business   10.74%
Low Interest   11.97%
Balance Transfer   12.09%
Cash Back   12.49%
Instant Approval   13.32%
Rewards   13.42%
Airline   13.60%
Bad Credit   13.74%
Student   14.51%

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