Category: Credit Cards

Penalized For Not Carrying Debt? 0

Penalized For Not Carrying Debt?

Over at CNNMoney.com there is an article discussing a recent Senate Banking Committee hearing that is examinging credit card practices. According to the article, one consumer advocate is proposing an idea that those who...

American Express Balance Transfer Update 2

American Express Balance Transfer Update

It has now been almost two months since I commented about my American Express balance transfer woes, so I thought that I would provide an update. Free Money Is Good. After getting the balance...

Use Credit Cards to Your Advantage 0

Use Credit Cards to Your Advantage

Over at JohnChow.com, John has a great post about why you should never pay by cash that you should be sure to check out. As John mentions in the article, this approach to spending...

American Express Balance Transfer Woes 5

American Express Balance Transfer Woes

Late last year, I had taken advantage of a balance transfer offer from Citibank and received a check for $24,000 that I deposited into my ING Direct Orange Savings account. As it has been...

MBNA and Bank of America Snafu 0

MBNA and Bank of America Snafu

For those that may have a credit card with MBNA and/or Bank of America, you likely experienced the updated interface to the website today. Unfortunately, it seems that there are still a handful of...

Being a Fool to Get Out of Debt 0

Being a Fool to Get Out of Debt

When I graduated from college, I found myself with substantial student loan payments and credit card debt from my days in school. While I knew that something had to be done to get rid...

Strategy to Curb Impulse Buying 2

Strategy to Curb Impulse Buying

When people find themselves mired in credit card debt, one of the culprits is often the result of buying things on impulse even when you know that you cannot afford the item. It is...

Is Your Credit Card Due Date Inconvenient? 0

Is Your Credit Card Due Date Inconvenient?

Have you ever had the feeling that every single monthly bill is due at the same time of the month? It is actually quite common to see the majority of your bills due in...

Should I Close My Credit Card After Paying the Balance? 3

Should I Close My Credit Card After Paying the Balance?

While working to eliminate you debt, you are likely to see numerous people that will recommend the practice of closing a credit card account once you have paid the balance in full. However, that...

Credit Score and the Importance of Payment History 2

Credit Score and the Importance of Payment History

While you are working towards eliminating your consumer debt, one of the most important aspects to impact your credit score is your payment history. According to myFICO.com, your payment history is the largest influence...