Tuesday, January 12, 2010

This week's top story: Credit counselor tales of wild debtor behavior

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More credit card news | Credit card help | Credit card videos | Credit card statistics January 12, 2010
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Top credit card stories

Credit counselor tales of wild debtor behavior
Think you can astonish a credit counselor with your whopping credit card debt? No way. They've seen it all -- from shopping divas to clients who have severe gut reactions once all their hidden debt is revealed. More... 
Western states hit hard as bankruptcy filings soar
More than a third who filed cited job loss or reduction, one-quarter poor money management skills and about 20 percent blamed medical expenses. More... 
What the new credit card rules mean for you
Credit card users can expect the most dramatic changes in credit terms, interest rates and fees in decades. More... 
Credit card balances plummet nearly $14 billion
Americans dumped a record $14 billion in credit card debt in November, according to Federal Reserve data. More... 
Expert credit card advice

Debtor determined to be debt-free in 2010
'The Credit Guy' expert Todd Ossenfort
It will take commitment and sacrifice to get rid of old debt, but the goal of being debt-free is attainable.
More...
 
Come clean about debts before tying the knot
'Opening Credits' expert Erica Sandberg
Our expert advises a young man to tell his fiancee of his credit woes now or risk damaging his relationship forever.
More...
 
Daughter's card abuse hurts mom as authorized user
'To Her Credit' expert Sally Herigstad
Luckily, it's not that hard to be removed as an authorized user from someone else's credit card account.
More...
 
New arrivals to U.S. need to rebuild credit histories
'Credit Score Report' expert Jeremy Simon
Credit history from a foreign country won't follow you to the United States, although existing financial relationships can help.
More...
 
Taking Charge: A CreditCards.com blog

Dodd departure casts doubt on future financial reform
Fate of consumer financial protection watchdog agency less certain with pending shake-up in U.S. Senate banking committee. More... 
Postmodernist uses for expired credit cards
Plenty of artists have upped the ante since Andy Warhol's passing, turning mundane items of everyday living into art, including expired credit cards. More... 
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Credit card rate report
(as of 1-12-2010)
National Average   12.87%
Business   10.74%
Low Interest   11.97%
Balance Transfer   12.03%
Cash Back   12.49%
Instant Approval   12.99%
Rewards   13.09%
Airline   13.70%
Bad Credit   13.74%
Student   14.51%

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Taking Charge: A CreditCards.com blog


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