• Lose friends, save money by 'liking' AmEx?

    Updated: 2011-07-31 22:55:16
    Would you offer up your Facebook friends for money? American Express wants you to. The credit card issuer launched a "Link, Like, Love" social media campaign asking cardholders to allow AmEx to tap their circle of friends, interests and other "likes" in order to offer customized shopping discounts.

  • Emily's list: Christine Lagarde edition

    Updated: 2011-07-31 22:55:16
    : Living with credit 388 New , interesting products 91 Research , regulation , industry reports 217 Rewards 35 Protecting yourself 144 The fine print 61 Credit card miscellany 357 Add category 1 Celebrity Money Watch 2 Print Email Emily's list : Christine Lagarde edition Emily Starbuck Gerson June 29, 2011 Living with credit Dominique Strauss-Kahn recently stepped down from his position as the managing director of the International Monetary Fund due to alleged misconduct and pending legal proceedings . On Tuesday , French Finance Minister Christine Lagarde was named his successor . She will assume this position on July 5 and it hold for five years . The IMF describes itself as an organization of 187 countries , working to foster global monetary cooperation , secure financial stability ,

  • Emily's list: Gaming the Mint edition

    Updated: 2011-07-31 22:55:16
    : Living with credit 389 New , interesting products 91 Research , regulation , industry reports 217 Rewards 35 Protecting yourself 145 The fine print 61 Credit card miscellany 357 Add category 1 Celebrity Money Watch 2 Print Email Emily's list : Gaming the Mint edition Emily Starbuck Gerson July 15, 2011 Living with credit People are always finding new ways to game frequent flier programs , and a lot of people are learning this week about a very clever one . nbsp Several national media reported this week on a phenomenon CreditCards.com reported back in April : nbsp Some travel addicts use airline credit cards to purchase U.S . dollar coins which are shipped for free from the government . The consumers then go to the bank and deposit the coins , and use them to pay off the credit card bill

  • Emily's list: Foreign transaction fees edition

    Updated: 2011-07-31 22:55:16
    : Living with credit 392 New , interesting products 91 Research , regulation , industry reports 220 Rewards 35 Protecting yourself 148 The fine print 62 Credit card miscellany 359 Add category 1 Celebrity Money Watch 2 Print Email Emily's list : Foreign transaction fees edition Emily Starbuck Gerson July 22, 2011 Living with credit I'm about to go to Canada for the first time . Well , not technically the first time I flew into Vancouver a few years ago for an Alaskan cruise but I only set foot in the airport and cruise terminal . I wasn't even there long enough to use a credit or debit . card I leave late next week for my delayed honeymoon , and we'll spend time in both Seattle and Vancouver . It's funny at first I figured I would just use my normal debit card in Canada . We both use

  • Dancing on the (debt) ceiling: Will card rates really rise without a deal?

    Updated: 2011-07-31 22:55:16
    A warning to credit card holders: The U.S. government's borrowing problems could soon become your borrowing problems. Right now, in Washington, politicians are fighting over whether to raise the U.S. debt ceiling -- which determines the amount of money that the nation can spend on its debt -- above $14.3 trillion. If the debt ceiling isn't increased, the United States won't have enough money to pay all of its bills. That could result in a default on its financial obligations.

  • Got a credit card complaint? Let us know if you log it with the new Consumer Financial Protection Bureau

    Updated: 2011-07-31 22:55:16
    It's Day 1 for the Consumer Financial Protection Bureau -- the new federal agency charged with watching out for consumers when it comes to credit cards and other financial products. Starting today, consumer complaints about credit cards will be collected by a single government agency -- rather than a hodgepodge of regulators that existed before.Help us kick the tires on this new complaint system. If you have filed a complaint, let us know how it went. Was the form easy to understand? Did you experience any technical difficulties on the website?

  • Use your Borders gift card now

    Updated: 2011-07-31 22:55:16
    Run for the Borders! I told you back in January and now I really mean it: If you have a Borders gift card you've been meaning to redeem, do it now. Now. Let the dog walk himself. Skip the weekly lunch bunch. Tell your boss you have to leave early because you have to meet the sprinkler guy. Whatever. But go as soon as you can, either directly to the store, or online, and cash out that card.After failing to sell itself off, the company is liquidating, with stores beginning to close as soon as Friday.

  • Emily's list: Debt-free honeymoon edition

    Updated: 2011-07-31 22:55:16
    : Living with credit 393 New , interesting products 91 Research , regulation , industry reports 220 Rewards 35 Protecting yourself 148 The fine print 62 Credit card miscellany 359 Add category 1 Celebrity Money Watch 2 Print Email Emily's list : Debt-free honeymoon edition Emily Starbuck Gerson July 29, 2011 Living with credit If you're reading this shortly after its Friday morning publication , I'm probably on a plane from Austin to Seattle for my delayed honeymoon . We will also go to Vancouver for three nights and Whistler for one night . The wedding was in March , but we're just now getting the chance to get away . I've heard and read horror stories of couples who go into major debt for their honeymoon and later regret it . That's no way to start off a marriage While I will be using a

  • Beware, weary traveler: Hotels are hotbeds for credit card fraud

    Updated: 2011-07-31 22:55:16
    Next time you travel, remember this: Hotels are always a hotspot for credit card fraud scams. Since I've spent my share of time traveling over the last few months -- for everything from a college buddy's wedding to a family trip to Disney World - stories about credit card scams at hotels have caught my eye recently. Though the scams feature different clever tactics, each has the same intent: getting a hold of a tourist's credit card info. And they all drive the point home that, no matter how tired you are from travel, no matter how crabby your toddler's being that day, no matter how sunburned you get waiting in line at the water park, you need to keep your guard up when you're traveling.

  • Emily's list: Tougher lending edition

    Updated: 2011-07-31 22:55:16
    : Living with credit 389 New , interesting products 91 Research , regulation , industry reports 217 Rewards 35 Protecting yourself 144 The fine print 61 Credit card miscellany 357 Add category 1 Celebrity Money Watch 2 Print Email Emily's list : Tougher lending edition Emily Starbuck Gerson July 8, 2011 Living with credit The Mortgage Bankers Association released a quarterly performance report in late June that gives great insight into what's happening in the world of mortgage loans . In a Time article it pointed out one of the more striking numbers : 46 percent of all loans written in the first quarter were to borrowers with credit scores over 750. It was only 29 percent in the third quarter of 2008, which is when Lehman Brothers crashed and burned . But Time notes that it hasn't risen

  • With Debt Concerns Looming Some Advocates Axing Mortgage Tax Break Credit.com News Advice

    Updated: 2011-07-31 14:54:17
    , Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans With Debt Concerns Looming , Some Advocates Axing Mortgage Tax Break by Credit.com on 07 31 2011 Republicans and Democrats are firmly entrenched in their positions on the debt ceiling debate that’s currently raging in Washington , but a group of economists say one way to save a lot of money is to eliminate a tax deduction for mortgage interest payments , according to a report from Miller-McCune The savings for the government would be considerable , as this break saved American consumers 470 billion on their annual federal tax bills in 2008. Experts say that deduction will reduce the government’s income by

  • Follow Friday Weekly Web Roundup 7 29 11 Credit.com News Advice

    Updated: 2011-07-31 06:53:44
    : Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans Follow Friday : Weekly Web Roundup 7 29 11 by Tim Langevin on 07 29 2011 This week’s stories highlight the changing perceptions and needs of consumers and small businesses alike . We have a list of the nation’s top consumer complaints , and as you might have guessed credit is high on the list . There’s also a jaw-dropping bank vs . consumer credit nightmare story . As always , if you enjoy any of our favorite bloggers , we encourage you to follow them on Twitter for regular updates . And don’t forget to follow Credit.com at CreditExperts Bank of America Opens , Closes Credit Card Customer Never Applied For

  • Settlement Allows Card Issuers to Offer More Incentives to Customers

    Updated: 2011-07-31 04:00:34
    Settlement Allows Card Issuers to Offer More Incentives to Customers by Jim Frankel on July 30, 2011 One of the biggest things in the business world is competition , even when it comes to banking and credit cards There has been a ruling in a case involving card issuers , which will now allow them to offer even more incentives to consumers who use them . These incentives include rebates , discounts , and more aggressive reward credit cards and programs offered up by the credit card companies . This ruling puts a new spin on the benefits customers will have available to them , and the competition credit card companies will have with each other . Some of the incentives will be offered by stores preferring one card over another , and offering their own customers incentives to use particular .

  • Introducing Teens to Credit, Is It a Good Idea?

    Updated: 2011-07-31 02:00:20
    , Introducing Teens to Credit , Is It a Good Idea by Joyce Sherry on July 30, 2011 Many parents are of the assumption that it might be a good idea to introduce their older teens , ages 15 or up , to credit . They are of the opinion that if parents offer a credit card with conditions , and the necessity to make payments to their teens , they will learn how to be good with money . The problem other parents see , is the possibility of many of these teens misusing the credit , and destroying their own credit , as well as the parents , all for something that could easily wait until they are older . Taking a look at both sides may help you decide what is right for your . family : Source http : www.myfoxlubbock.com news local story credit-cards-Katz-Jaime-Gerik-money-matters

  • Credit Card Spending is Up, So is American Express Profit

    Updated: 2011-07-31 00:00:51
    , Credit Card Spending is Up , So is American Express Profit by Melanie Suiza on July 30, 2011 It just makes sense , the more people use credit cards the more profit the credit card companies will make right . One thing is certain in this industry , more people are using more credit , especially in the higher income ranges . Spending with credit is a sign of positive business trends , according to American Express Chief Financial Officer Daniel Henry . There are more plans in the making for more people to have credit cards at their disposal , which will make it easier for those looking for financing for items they don’t have the money for now , to meet their needs in the future . Credit is no longer for only the affluent , but is for the regular medium income earner as . well : Source http

  • AG For-Profit Schools Lied Left Students in Debt Trouble Credit.com News Advice

    Updated: 2011-07-30 22:42:47
    : , Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans AG : For-Profit Schools Lied , Left Students in Debt Trouble by Christopher Maag on 07 30 2011 A for-profit chain of universities lied about the quality of its education and forced students to buy textbooks and supplies from its schools at inflated prices , according to a lawsuit filed Wednesday by Kentucky Attorney General Jack . Conway The company , Daymar Learning Inc . allegedly told prospective students that course credits earned at Daymar schools would transfer to other universities . What Daymar neglected to mention is that since some of its programs failed to meet the standards set by its own

  • The Credit Line Small Business Credit How to Get it How to Keep it Good Credit.com News Advice

    Updated: 2011-07-30 22:42:43
    : , Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans The Credit Line : Small Business Credit How to Get it , How to Keep it Good by Credit.com on 07 29 2011 Tune in to this week’s installment of The Credit Line , hosted by Credit.com’s chairman and co-founder Adam Levin on Los Angeles’ KFWB 980 AM this Saturday , July 30, at 9 a.m . PST Noon . EST The show is co-hosted by L.A . radio personality Jeff Levy Small Business Credit : How to Get it , How to Keep it Good Do you have a small business and need credit Determining what kind of credit you should have—and managing it properly once you have it—is crucial to the long-term financial health of your

  • The Credit Line Small Business Credit How to Get it How to Keep it Good Credit.com News Advice

    Updated: 2011-07-30 14:41:48
    : , Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans The Credit Line : Small Business Credit How to Get it , How to Keep it Good by Credit.com on 07 29 2011 Tune in to this week’s installment of The Credit Line , hosted by Credit.com’s chairman and co-founder Adam Levin on Los Angeles’ KFWB 980 AM this Saturday , July 30, at 9 a.m . PST Noon . EST The show is co-hosted by L.A . radio personality Jeff Levy Small Business Credit : How to Get it , How to Keep it Good Do you have a small business and need credit Determining what kind of credit you should have—and managing it properly once you have it—is crucial to the long-term financial health of your

  • Nation’s Credit Downgrade Will Be Seen in Credit Card Interest Rates Credit.com News Advice

    Updated: 2011-07-30 14:41:45
    Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans Nation’s Credit Downgrade Will Be Seen in Credit Card Interest Rates by Credit.com on 07 30 2011 If the nation defaults on its hundreds of billions or more in debts and , some believe , even if it doesn’t it may have its international credit rating downgraded , according to a report from Fox Business There would be consequences for such a mistake , for the government and consumers alike . The biggest effect for most Americans would likely boil down to higher interest rates on any new lines of credit they took . out Featured Product : Need a loan Anything new that you purchase from the point of the hike on

  • Foreclosure Declines in Most Metropolitan Areas Credit.com News Advice

    Updated: 2011-07-30 14:41:44
    Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans Foreclosure Declines in Most Metropolitan Areas by Credit.com on 07 29 2011 Of the 211 metropolitan areas with populations of more than 200,000 people , 84 percent experienced lower rates of foreclosure activity during the first half of the year when compared to the same period in 2010, according to the latest statistics from the analysis firm RealtyTrac However , experts caution that this change is not due to more homeowners being in a position to better meet their monthly bills , but lengthy legal processes or even moratoriums placed on filings , which slowed the pace in many areas to a crawl even as they

  • Foreclosure Declines in Most Metropolitan Areas Credit.com News Advice

    Updated: 2011-07-30 14:41:41
    Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans Foreclosure Declines in Most Metropolitan Areas by Credit.com on 07 29 2011 Of the 211 metropolitan areas with populations of more than 200,000 people , 84 percent experienced lower rates of foreclosure activity during the first half of the year when compared to the same period in 2010, according to the latest statistics from the analysis firm RealtyTrac However , experts caution that this change is not due to more homeowners being in a position to better meet their monthly bills , but lengthy legal processes or even moratoriums placed on filings , which slowed the pace in many areas to a crawl even as they

  • The Daily Show Explains the Wall Street Reform Debacle in Song Credit.com News Advice

    Updated: 2011-07-30 14:41:39
    Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans The Daily Show Explains the Wall Street Reform Debacle in Song by Christopher Maag on 07 29 2011 Ever wonder why we’re still talking about the stalled effort to reform Wall Street , more than a year after President Obama signed a law to do exactly that Or why there’s even a controversy over who will lead the Consumer Financial Protection Bureau , even though the measure creating the new watchdog agency passed by overwhelming margins in both the House and the Senate Here’s a pretty good explanation why . This Daily Show segment does a great job explaining how we found ourselves in this sorry state , complete

  • One Word For This Economy Meh Credit.com News Advice

    Updated: 2011-07-30 14:41:37
    : . Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans One Word For This Economy : . Meh by Christopher Maag on 07 29 2011 The latest economic reports are in , and they can be summarized in one little word : Meh . The American economy is no longer driving off a cliff . Neither is it recovering , 8221 exactly . It’s just sort of sitting there limp , like a half-boiled noodle , too soft to stuff back in the box but too hard to . enjoy The latest news on our current jobless , recovery-less recovery comes from the commerce department , which found that the nation’s gross domestic output of goods and services grew by an anemic 1.3 in the last three months . Since

  • The Daily Show Explains the Wall Street Reform Debacle in Song Credit.com News Advice

    Updated: 2011-07-29 20:04:26
    Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans The Daily Show Explains the Wall Street Reform Debacle in Song by Christopher Maag on 07 29 2011 Ever wonder why we’re still talking about the stalled effort to reform Wall Street , more than a year after President Obama signed a law to do exactly that Or why there’s even a controversy over who will lead the Consumer Financial Protection Bureau , even though the measure creating the new watchdog agency passed by overwhelming margins in both the House and the Senate Here’s a pretty good explanation why . This Daily Show segment does a great job explaining how we found ourselves in this sorry state , complete

  • One Word For This Economy Meh Credit.com News Advice

    Updated: 2011-07-29 20:04:24
    : . Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans One Word For This Economy : . Meh by Christopher Maag on 07 29 2011 The latest economic reports are in , and they can be summarized in one little word : Meh . The American economy is no longer driving off a cliff . Neither is it recovering , 8221 exactly . It’s just sort of sitting there limp , like a half-boiled noodle , too soft to stuff back in the box but too hard to . enjoy The latest news on our current jobless , recovery-less recovery comes from the commerce department , which found that the nation’s gross domestic output of goods and services grew by an anemic 1.3 in the last three months . Since

  • Follow Friday Weekly Web Roundup 7 29 11 Credit.com News Advice

    Updated: 2011-07-29 20:04:22
    : Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans Follow Friday : Weekly Web Roundup 7 29 11 by Tim Langevin on 07 29 2011 This week’s stories highlight the changing perceptions and needs of consumers and small businesses alike . We have a list of the nation’s top consumer complaints , and as you might have guessed credit is high on the list . There’s also a jaw-dropping bank vs . consumer credit nightmare story . As always , if you enjoy any of our favorite bloggers , we encourage you to follow them on Twitter for regular updates . And don’t forget to follow Credit.com at CreditExperts Bank of America Opens , Closes Credit Card Customer Never Applied For

  • Financial News Roundup Future Health Costs Skyrocket SSA Has No Answers For Fearful Seniors Credit.c

    Updated: 2011-07-29 20:04:20
    : , Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans Financial News Roundup : Future Health Costs Skyrocket , SSA Has No Answers For Fearful Seniors by Credit.com on 07 29 2011 Today’s top news headlines feature the details of a change in the IRS innocent spouse’ policy and reasons the Social Security Administration is unable to allay seniors’ fears amid the debt ceiling crisis . Plus , find out how much consumers may pay in healthcare in the . future IRS Changes Innocent Spouse’ Policy The Wall Street Journal The Internal Revenue Service has reversed its previous policy toward innocent spouses who face the negative ramifications of their partner’s debts .

  • Financial News Roundup Future Health Costs Skyrocket SSA Has No Answers For Fearful Seniors Credit.c

    Updated: 2011-07-29 20:04:18
    : , Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans Financial News Roundup : Future Health Costs Skyrocket , SSA Has No Answers For Fearful Seniors by Credit.com on 07 29 2011 Today’s top news headlines feature the details of a change in the IRS innocent spouse’ policy and reasons the Social Security Administration is unable to allay seniors’ fears amid the debt ceiling crisis . Plus , find out how much consumers may pay in healthcare in the . future IRS Changes Innocent Spouse’ Policy The Wall Street Journal The Internal Revenue Service has reversed its previous policy toward innocent spouses who face the negative ramifications of their partner’s debts .

  • CARD Act Dodge AmEx Teams Up With Facebook Credit.com News Advice

    Updated: 2011-07-29 20:04:16
    Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans CARD Act Dodge AmEx Teams Up With Facebook by Farnoosh Torabi on 07 28 2011 It appears that the CARD Act is making a difference—at least , on college campuses where the law prohibits credit card and bank marketers from soliciting to students . The Federal Reserve recently reported a 17 drop in the number of credit cards issued by banks via college campuses and alumni . associations That’s definitely progress . But there’s another huge gathering place for millions of college students , where the CARD Act has no jurisdiction , and where some banks and card companies are setting up virtual booths to attract

  • Reader Q A Best Way to Negotiate Lower Payments Avoid Bankruptcy Credit.com News Advice

    Updated: 2011-07-29 20:04:13
    : Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans Reader Q A : Best Way to Negotiate Lower Payments Avoid Bankruptcy by Gerri Detweiler on 07 28 2011 Q : Two months after I lost my job in 2009, I got divorced . I was unemployed for two years but started back to work this February . I have three credit card accounts with balances of about 10,000 . each What is the best way to negotiate a lower payout balance and an affordable monthly payment before the credit card issuers write off my accounts as bad debts I have a mortgage , high truck payments and utilities so I can’t see how I can pay on all three . accounts I am considering bankruptcy but rather pay my

  • Credit.com News Advice page 321

    Updated: 2011-07-29 20:04:09
    Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans Posts Business owners and ID theft by Emily Peters on 10 03 2005 The Association of Certified Fraud Specialists recently held a conference to discuss new trends in identity theft . The fastest growing 0 comments by Emily Peters on 10 03 2005 Don’t belive the rumors by Emily Peters on 09 29 2005 It’s a common rumor one that simply will not be put to rest the myth : checking your credit data harms your credit 0 comments by Emily Peters on 09 29 2005 Back to school by Emily Peters on 09 29 2005 It’s back to school season again When your kids are gearing up for new classes and picking out backpacks , why 0

  • Credit Card Q A Are Secured Credit Cards Protected by the Credit CARD Act of 2009 Credit.com News Ad

    Updated: 2011-07-29 12:03:21
    : Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans Credit Card Q A : Are Secured Credit Cards Protected by the Credit CARD Act of 2009 by Beverly Blair Harzog on 07 29 2011 Credit Card Question : Secured credit cards sure have a lot of fees . Are these cards protected by the Credit CARD Act of 2009 Fred : Answer Hi , Fred Yes , indeed , secured credit cards are protected by the CARD Act . The CARD Act exempts small business credit cards , but it does cover secured credit . cards The CARD Act even went a little further in protecting secured credit cards . Secured credit cards are targeted to those with less-than-perfect credit and you’re correct that quite

  • CARD Act Dodge AmEx Teams Up With Facebook Credit.com News Advice

    Updated: 2011-07-29 04:02:29
    Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans CARD Act Dodge AmEx Teams Up With Facebook by Farnoosh Torabi on 07 28 2011 It appears that the CARD Act is making a difference—at least , on college campuses where the law prohibits credit card and bank marketers from soliciting to students . The Federal Reserve recently reported a 17 drop in the number of credit cards issued by banks via college campuses and alumni . associations That’s definitely progress . But there’s another huge gathering place for millions of college students , where the CARD Act has no jurisdiction , and where some banks and card companies are setting up virtual booths to attract

  • Banks Benefiting from More Business Credit Card Use Credit.com News Advice

    Updated: 2011-07-29 04:02:27
    Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans Banks Benefiting from More Business Credit Card Use by Credit.com on 07 28 2011 The National Small Business Association will soon reveal statistics that show small business owners are using their credit cards more often despite being unable to pay down their balance every month as they had in the past , according to a report from the Wall Street Journal Over the last two years , many small business owners have seen their debt balloon into the range between 10,000 and 25,000 while fewer carried less than 10,000 in . debt Featured : Product Looking for credit cards for bad credit Between June and December

  • Banks Benefiting from More Business Credit Card Use Credit.com News Advice

    Updated: 2011-07-29 04:02:25
    Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans Banks Benefiting from More Business Credit Card Use by Credit.com on 07 28 2011 The National Small Business Association will soon reveal statistics that show small business owners are using their credit cards more often despite being unable to pay down their balance every month as they had in the past , according to a report from the Wall Street Journal Over the last two years , many small business owners have seen their debt balloon into the range between 10,000 and 25,000 while fewer carried less than 10,000 in . debt Featured : Product Looking for credit cards for bad credit Between June and December

  • Reader Q A Best Way to Negotiate Lower Payments Avoid Bankruptcy Credit.com News Advice

    Updated: 2011-07-28 20:01:29
    : Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans Reader Q A : Best Way to Negotiate Lower Payments Avoid Bankruptcy by Gerri Detweiler on 07 28 2011 Q : Two months after I lost my job in 2009, I got divorced . I was unemployed for two years but started back to work this February . I have three credit card accounts with balances of about 10,000 . each What is the best way to negotiate a lower payout balance and an affordable monthly payment before the credit card issuers write off my accounts as bad debts I have a mortgage , high truck payments and utilities so I can’t see how I can pay on all three . accounts I am considering bankruptcy but rather pay my

  • Our D-Word: Ecuador, Not Greece

    Updated: 2011-07-28 03:59:25
    In the inane and insane case the United States does skip a debt payment, please let us skip the comparisons to Greece. Greece is really out of money and probably should have bitten the D-bullet (restructured, re-profiled, whatever) some time...

  • For-Profit Higher Education Industry Sues to Block Weak “Gainful Employment” Rule

    Updated: 2011-07-27 19:11:57
    Last week the Association of Private-Sector Colleges and Universities (aka the Career College Assn.) filed suit in U.S. District Court in Washington, D.C., to block enforcement of the U.S. Dept. of Education’s “Gainful Employment” regulation, issued in June. See here...

  • If the Debt Ceiling Isn’t Raised Your Credit Card’s Interest Rate Will Be Credit.com News Advice

    Updated: 2011-07-27 01:22:55
    , Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans If the Debt Ceiling Isn’t Raised , Your Credit Card’s Interest Rate Will Be by Beverly Blair Harzog on 07 26 2011 The folks in Washington are doing a lot of grandstanding about raising the debt ceiling . I’m all for fiscal responsibility , but what the politicians aren’t grasping is what happens to all of us regular people” if the ceiling isn’t . raised If the U.S . defaults , it’s predicted that our AAA credit rating goes down . Should that happen , the U.S . would then have to pay more to borrow money . This makes sense , right If you , the consumer , don’t pay your bills , then your credit score goes

  • On Cell Phone Hacking and Privacy A Modest Proposal for Mr Murdoch Credit.com News Advice

    Updated: 2011-07-26 17:21:57
    : . Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans On Cell Phone Hacking and Privacy : A Modest Proposal for Mr . Murdoch by Adam Levin on 07 26 2011 The recent revelations regarding the outrageous escapades of certain News Corp . subsidiaries , and the employees thereof , have been so scandalous as to capture and dominate the attention of the worldwide media for several weeks . For once , most Americans began to follow business news with the obsessive fascination normally accorded Jersey Shore” and Keeping Up with the Kardashians . 8221 This story has everything : the resignations and apparent bribery of high Scotland Yard officials the arrest of very

  • The Debt Diet Challenge Week 2 Shedding Debt Losing Weight Credit.com News Advice

    Updated: 2011-07-26 17:21:32
    : , Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans The Debt Diet Challenge Week 2 : Shedding Debt , Losing Weight by Jean Chatzky on 07 26 2011 The Debt Diet is an online behavioral change program to help users get out of debt by putting aside 10 a day . 160 It was developed by Pro-Change Behavior Systems and Jean Chatzky , author of the best-selling Pay It Down and a coach on The Debt Diet series on the Oprah . show Jean Chatzky read the applications solicited by Credit.com and chose 5 participants . 160 She got them started on The Debt Diet and is now speaking to them once a week , answering their questions and helping them to get off to a good start .

  • Good News on Mortgage Modifications

    Updated: 2011-07-25 22:06:00
    Isn't it about time for some good news on mortgage modifications? Here is some, in the form of a paper titled Who Receives a Mortgage Modification? Race and Income Differentials in Loan Workouts. The authors use data from the Home...

  • Foreclosure Fraud Firings

    Updated: 2011-07-25 21:56:35
    Every time I think I've seen it all in the foreclosure fraud space, something new comes along and amazes me. This time it's not the banks or their vendors, but an AG. David Dayen at FireDogLake has a disturbing story...

  • Squatters Unite McMansion Squatter Becomes Part of National Movement Credit.com News Advice

    Updated: 2011-07-25 18:14:49
    Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans Squatters Unite McMansion Squatter Becomes Part of National Movement by Christopher Maag on 07 25 2011 Did you see the story about Kenneth Robinson , the man in Texas who is squatting in a McMansion worth 350,000 and says he can buy it legally for just 16 If you missed it , check out this story by ABC News It’s hilarious . And the neighbors are ticked Surprise He’s Not . Crazy What the neighbors don’t know is that Robinson is using a little-known legal claim called adverse possession” that has proven very successful in the past . Here’s the basic version of how it : works 1 Someone owns a property , whether

  • 6 Tips to Protect Your Personal Data After a Breach Credit.com News Advice

    Updated: 2011-07-24 18:12:14
    Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Credit Cards for Good Credit Credit Cards for Bad Credit Secured Cards Debit Prepaid Cards Credit Reports Loans 6 Tips to Protect Your Personal Data After a Breach by Credit.com on 07 24 2011 By Brian McGinley of Identity Theft 911 Data breaches are an everyday occurrence affecting millions of Americans each . year Just ask crafters who shop at Michael’s Stores Sony PlayStation Network gamers and investors at Morgan Stanley Smith Barney They’re all vulnerable to identity theft and other fraud because their personally identifiable information PII such as a birth date or Social Security number , for example , was exposed . That information could be used to commit financial . fraud Resource : 12 Tips for Protecting Your

  • Fed to Wells: $7000 for Wrongful Foreclosure

    Updated: 2011-07-21 14:52:39
    Yesterday the Fed announced a settlement with Wells Fargo of claims that its subprime unit had 1) deliberately steered prime borrowers into higher-cost subprime mortgage refinancings and 2) falsified income documents to put subprime borrowers into unaffordable loans. The settlement...

  • Gang of Six and the Housing Market

    Updated: 2011-07-20 14:06:32
    There aren't a lot of details about the Gang of Six debt proposal, but apparently it includes cutting or eliminating the home mortgage interest deduction. There's a good case to be for eliminating the home mortgage interest deduction. But regardless...

  • Good Credit Credit Cards Credit.com

    Updated: 2011-07-20 08:09:32
    About us Blog Login Free Credit Tools Credit Report Card Get your free credit grade and detailed credit . profile Sign Up Now Log in Identity Risk Score Quickly assess your risk of identity theft for . free Sign Up Now Log in Credit Score Estimator Calculate your estimated credit score in . seconds What's Your Score Compare Credit Cards Cards for Bad Credit PrePaid Debit Cards Secured Cards Student Cards Rewards Cards No Annual Fee Cards Balance Transfer Low Interest Cards Business Cards Cards by Credit Score Excellent Credit 750+ Good Credit 700-749 Fair Credit 650-699 Poor Credit 600-649 Bad Credit Below 599 No Credit Limited Credit Credit Reports Scores Free Trial Credit Score Credit Reports Monitoring Identity Theft Protection FICO Scores Find a Loan Personal Loan Student Loan News

  • Bad Credit Credit Cards Credit.com

    Updated: 2011-07-20 08:09:28
    About us Blog Login Free Credit Tools Credit Report Card Get your free credit grade and detailed credit . profile Sign Up Now Log in Identity Risk Score Quickly assess your risk of identity theft for . free Sign Up Now Log in Credit Score Estimator Calculate your estimated credit score in . seconds What's Your Score Compare Credit Cards Cards for Bad Credit PrePaid Debit Cards Secured Cards Student Cards Rewards Cards No Annual Fee Cards Balance Transfer Low Interest Cards Business Cards Cards by Credit Score Excellent Credit 750+ Good Credit 700-749 Fair Credit 650-699 Poor Credit 600-649 Bad Credit Below 599 No Credit Limited Credit Credit Reports Scores Free Trial Credit Score Credit Reports Monitoring Identity Theft Protection FICO Scores Find a Loan Personal Loan Student Loan News

  • Secured Credit Cards Credit.com

    Updated: 2011-07-20 08:09:22
    About us Blog Login Free Credit Tools Credit Report Card Get your free credit grade and detailed credit . profile Sign Up Now Log in Identity Risk Score Quickly assess your risk of identity theft for . free Sign Up Now Log in Credit Score Estimator Calculate your estimated credit score in . seconds What's Your Score Compare Credit Cards Cards for Bad Credit PrePaid Debit Cards Secured Cards Student Cards Rewards Cards No Annual Fee Cards Balance Transfer Low Interest Cards Business Cards Cards by Credit Score Excellent Credit 750+ Good Credit 700-749 Fair Credit 650-699 Poor Credit 600-649 Bad Credit Below 599 No Credit Limited Credit Credit Reports Scores Free Trial Credit Score Credit Reports Monitoring Identity Theft Protection FICO Scores Find a Loan Personal Loan Student Loan News

  • Prepaid Credit Cards and Debit Cards Credit.com

    Updated: 2011-07-20 08:09:21
    About us Blog Login Free Credit Tools Credit Report Card Get your free credit grade and detailed credit . profile Sign Up Now Log in Identity Risk Score Quickly assess your risk of identity theft for . free Sign Up Now Log in Credit Score Estimator Calculate your estimated credit score in . seconds What's Your Score Compare Credit Cards Cards for Bad Credit PrePaid Debit Cards Secured Cards Student Cards Rewards Cards No Annual Fee Cards Balance Transfer Low Interest Cards Business Cards Cards by Credit Score Excellent Credit 750+ Good Credit 700-749 Fair Credit 650-699 Poor Credit 600-649 Bad Credit Below 599 No Credit Limited Credit Credit Reports Scores Free Trial Credit Score Credit Reports Monitoring Identity Theft Protection FICO Scores Find a Loan Personal Loan Student Loan News

  • Loans Credit.com

    Updated: 2011-07-20 08:09:16
    About us Blog Login Free Credit Tools Credit Report Card Get your free credit grade and detailed credit . profile Sign Up Now Log in Identity Risk Score Quickly assess your risk of identity theft for . free Sign Up Now Log in Credit Score Estimator Calculate your estimated credit score in . seconds What's Your Score Compare Credit Cards Cards for Bad Credit PrePaid Debit Cards Secured Cards Student Cards Rewards Cards No Annual Fee Cards Balance Transfer Low Interest Cards Business Cards Cards by Credit Score Excellent Credit 750+ Good Credit 700-749 Fair Credit 650-699 Poor Credit 600-649 Bad Credit Below 599 No Credit Limited Credit Credit Reports Scores Free Trial Credit Score Credit Reports Monitoring Identity Theft Protection FICO Scores Find a Loan Personal Loan Student Loan News

  • New Resource: NCLC's Bankruptcy Mortgage Project

    Updated: 2011-07-19 22:52:36
    The National Consumer Law Center has launched a useful new resource for the bankruptcy community called the Bankruptcy Mortgage Project. See here. Those likely to find it handy include judges, consumers, trustees, mortgage servicers, attorneys, and academics. The website, created...

  • It's Official: Borders Long Goodbye Over

    Updated: 2011-07-18 20:59:12
    They officially announced that with no-one showing up to the auction and with their stalking horse backing out (bucking them off?), they will acquiese to the "winning" bid of the liquidators. Surely part of this sad fall -- sadder still...

  • Happy Fifth Birthday

    Updated: 2011-07-18 14:47:03
    On July 18, 2006, a few academics studying bankruptcy and debt decided to take a whirl on putting up a blog making today the fifth anniversary of Credit Slips' launch. According to Site Meter, we have had over 1.4 million...

  • Borrowing And Debt Credit.com News Advice

    Updated: 2011-07-07 02:36:30
    Follow Us Frontpage Topics Editorial Staff Archives Subscribe Credit.com Borrowing and Debt Government Working In Opposition with Itself on Housing by Credit.com on 07 06 2011 Fannie Mae and Freddie Mac the mortgage backing giants controlled by the federal government have repeatedly increased lending 0 comments by Credit.com on 07 06 2011 Equifax Study : Repo Man Hits Big , And He’s Not Going Away by Christopher Maag on 07 06 2011 Banks repossessed 304 billion worth of homes in 2010, and they’re just getting started . Equifax , a national credit bureau , sees 0 comments by Christopher Maag on 07 06 2011 EHLP to Extend Mortgage Help to Consumers by Credit.com on 07 05 2011 The U.S . Department of Housing and Urban Development recently launched a new foreclosure assistance initiative known

  • Helicopter Shout Out

    Updated: 2011-07-05 22:29:00
    She loves our credit card deals:

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