Tuesday, December 29, 2009

This week's top story: Will in-store card offers become extinct?

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More credit card news | Credit card help | Credit card videos | Credit card statistics December 29, 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

Instant in-store card offers in danger of extinction?
Retailers say instant in-store credit won't be possible if consumers have to provide income information at the cash register, as required by new credit card regulations set to go into effect in February 2010. More... 
Issuer of 79.9% APR credit card defends its product
Subprime credit card marketers, barred from charging sky-high fees for bad credit cards are testing a new option: sky-high interest rates. More... 
Prepaid cards replace checks as rebate payments
Want to return a gift or get a rebate? Don't expect a paper check as more stores and manufacturers opt to issue prepaid debit cards instead. More... 
What happens to credit card debt after death?
You can't take it with you, but does credit card debt follow you into the grave or can it come back to haunt those left behind? More... 
Expert credit card advice

You can't opt out of credit card teaser rates
'The Credit Guy' expert Todd Ossenfort
Low promotional APRs are temporary. You knew that when you got the card, so you can't opt out of the higher, permanent rate.
More...
 
The 4 best and worst things about credit cards
'Opening Credits' expert Erica Sandberg
Credit cards aren't all bad, but if you can't control temptation or have an out-of-control balance, you're in trouble.
More...
 
Hold collectors at bay by keeping accounts current
'To Her Credit' expert Sally Herigstad
Old debts can test a new marriage, but if you keep up with payments, you'll keep collectors away from both of you.
More...
 
How fast will your score recover from mistakes?
'Credit Score Report' expert Jeremy Simon
Make smart decisions and credit goofs will hurt less over time. Just how much remains unclear.
More...
 
Taking Charge: A CreditCards.com blog

Babies, puppies and ice: The best of Yahoo!
Here are some of the most bizarre credit card queries that were posted on Yahoo! Answers along with our answers to their problems. More... 
Blippy lets you see what your friends are buying
Introducing Blippy, a Twitter-esque service that lets you share your plastic purchases with the world. Socially helpful and fun or just plain scary? More... 
Featured low interest credit card
Citi Platinum Select MasterCard

Credit card rate report
(as of 12-29-2009)
National Average   12.98%
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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