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Do you know how easy it is to have your credit card lower the interest rate on the balance you are carrying? It’s as easy as making a brief phone call. For the non-believers in you, it was demonstrated by CBC News at a mall where they approached 10 shoppers at random who then called [...]
Posts Tagged ‘News’
If you are carrying a balance on your credit card, stop everything you are doing right now, it’s time to save some money
Posted by admin2 on October 23rd, 2008
Posted in Credit Cards, Debt Management, News 
Tags: Balance Transfer, Credit Cards, Debt Management, News 
No Comments »A simple phone call that could save hundreds of dollars
Posted by admin2 on October 2nd, 2008
Where there’s a problem, there’s an opportunity. The entire banking system is experiencing some turmoil, covered by too many conflicting news, and too many opinions short of facts.
Rumors and anecdotal stories of credit crunch abound on the TV news and on the blogosphere.
Credit card companies trying to cut their exposure are decreasing lines of credit [...]
Elections, Taxes, and WIIFM
Posted by admin2 on October 1st, 2008
Save the Date: Tuesday November 4, 2008 is election day in the USA, no matter who you vote for, make yourself heard, and go to vote!
In these final days of the campaign, and with the serious worldwide financial crisis, the information overload can be more than overwhelming. TV, newspapers, and debates are full of sound [...]
To Charge or Not To Charge?
Posted by admin2 on September 30th, 2008
The Stock market is down, the stock market is up; Congress is about to approve the bailout bill, Congress did not approve the bailout bill, Congress is in recess for two days; the Credit market only has one day of float, three days, a week . . . the bailout is good, the bailout is [...]
Posted in Credit Cards, Debt Management, News Tags: Articles about Credit Cards, Credit Cards, Debt Management, News No Comments »Credit Card rewards and the turmoil on Wall Street and the Banking System
Posted by admin2 on September 29th, 2008
Maria M., a reader of CreditCardsMojo.com asked us: “Are my credit card rewards with [redacted] safe?”
Great question Maria! We have done some research, and called and emailed some very smart people in the industry, and the answer is: “Probably, but it depends”.
Let me explain: there are three major categories of rewards
Airline Miles
Cash Back/Rebate
Points and similar [...]
Posted in Credit Cards, News Tags: Articles about Credit Cards, Credit Card Articles, News No Comments »Will the Federal Government Bail People Out From Their Credit Card Debt?
Posted by admin2 on September 23rd, 2008
Probably no. Last month we would have said “NO”, but after the latest event, the rule of “Never Say Never” must be applied, hence the “Probably” clause.
However all the indicators point to the Federal Government wanting to acquire most of the bad debt on the books of the Financial Institutions including Credit Cards, Student Loans, [...]
Posted in Credit Cards, Debt Management, News Tags: Advanta, Credit Cards, Debt Management, News No Comments »Is this the best time to pay off your credit card balance?
Posted by admin2 on September 22nd, 2008
There’s a financial mayhem going on in Wall Street, Main Street, and in most streets of the entire world. And chances are that nobody fully understands the ramifications of the actions of the Federal Reserve and the Treasury, but everyone is wondering: “what does this mean for me and what’s the advantage to me?”.
Every situation [...]
Posted in Credit Cards, Debt Management, News Tags: Citi Credit Cards, Credit Cards, Debt Management, News No Comments »Wordwide acceptance of Credit Cards no longer true for U.S. Credit Cards
Posted by admin2 on September 11th, 2008
If you’ve been to Europe recently, you know that the majority of vending machines like kiosks or public telephones only take Credit Cards with the security chip in it.
While all of the credit cards issued in Europe have this security chip in them, only a handful of U.S. Credit Card issuers use such a feature. [...]
Is It Worth (& Smart) To Refinance Your Mortgage To Pay Off High Interest Credit Card Debt?
Posted by Steve on September 4th, 2008
We all get that dreaded phone call during dinner at some time or another. It’s a mortgage company calling to see if we want to refinance our home and take out cash to pay off debt. If you are like the average American family, then no doubt you have a substantial amount of credit card [...]
Posted in Credit Cards, Debt Management, News Tags: Credit Cards, Debt Management, Low Interest Credit Cards, MasterCard, Mortgage, News No Comments »How long will it take you to pay off your Credit Card?
Posted by admin2 on August 27th, 2008
The other day we published the article How Much Credit card Debt do Americans Have? where, according to data released by Consumer Federation of America, the average American Household has $8,500 on credit card debt.
We love numbers, and we started wondering how long will it take the average American Household to pay off their average [...]
Posted in Credit Cards, News Tags: Articles about Credit Cards, Credit Cards, Most Popular, News 1 Comment »
