Five Mistakes Keeping You In Credit Card Debt
122 million Americans have credit card debt. The average debt per household is $8,448. According to the Federal Reserve, the average credit card interest rate is 14 percent, which means a family in...
View ArticleHow To Avoid The Worst Credit Cards Fees And Reduce Your Debts
If you buy clothing or an appliance, once you swipe your credit card, you probably think you’re done. Your bill is in hand, but that’s not the end of your transaction. You could pay even more in fees...
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Why Are Credit Card Interest Rates So High?
A recent survey by ValuePenguin found that the average annual percentage rate (APR) for credit cards ranges from 15.99 percent for travel rewards cards to 20.90 percent for cash back rewards cards....
View ArticleCredit Card Issuer Got You Seeing Red? Try These Tips
When Ally-Jane Grossan was in college, she loved paying for things with her Hello Kitty-branded card from Bank of America. “It was amazing and so cute,” she recalls, about 10 years later. She says it...
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For Consumers With Credit Card Debt, Fed Rate Hike Will Sting
A mere quarter percentage point rate increase by the Federal Reserve might seem small and gradual, but for millions of consumers with credit card debt it will be stinging. In a report this week,...
View ArticleIs Your Credit Card Less Secure Than Ever Before?
News of credit card data breaches hit the headlines almost every week. Just in the last 30 days, major brands like Saks Fifth Avenue and Best Buy announced that people’s credit card information was...
View Article5 Ways To Pay Off Credit Card Debt Faster
If you have credit card debt, you’re not alone. According to Make Lemonade, Americans have over $1 trillion of credit card debt. Here’s how to pay off your credit card debt faster and enjoy financial...
View Article4 Questions To Answer Before Transferring A Balance
If you have credit card debt, transferring a balance to a new card can give you a chance to catch up on your payments without sinking further into debt under the weight of outrageous interest rates....
View ArticleCredit Card Chips Fail To Halt Fraud, Survey Says
New chip-enabled credit cards, which were rolled out to U.S. consumers starting in 2015, were supposed to put an end to rampant credit card fraud. So much for that. A new report from the research firm...
View Article8 Ways To Use Credit Card Rewards To Stay On Budget During The Holidays
Americans expect to spend an average of over $1,000 this holiday season. If that’s your plan, too, let your credit card points do some of the shopping instead. It’s a strategy common among rewards...
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