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Archive for August, 2010

How credit inquiries affect credit score

Why a creditor looks at your credit report affects the impact on your score.
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Credit Card Debt–Is Your 8-Year-Old Son’s Too High?

Credit Card Debt Down–Yet Again
Let’s start with the good news. The Federal Reserve published Friday its latest statistical release about consumer credit. The figures, which relate to June, show that “revolving credit” (nearly all of which is credit card debt) was down again that month, and now stands at $826.5 billion. Out of the [...]

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Indian rival in works to take swipe at Visa, MasterCard

Visa & MasterCard that play a major role when anyone uses a credit card, will face an unusual rival in India.
Investing in G-secs? Space out entry
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Credit Card Rewards Still Strong

Credit Card Rewards Remain Robust
Remember when credit card companies were lobbying Congress to water down the bill that eventually became the Credit CARD Act of 2009? One of their arguments was that the legislation would undermine their business models so much that they’d be forced to cut back their rewards programs.
Well, the resulting credit [...]

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Credit card interest rates for Aug. 5, 2010

Here are the average credit card rates from Bankrate’s weekly survey of large banks and thrifts.
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How to build credit as a new immigrant

To build credit in a new country, you’ll have to start from scratch. Here’s how to do it.
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Is a charge card same as a credit card?

A charge card usually must be paid in full each month and requires an excellent credit score.
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