4 Reasons Not to Wait to Use Your Gift Cards
A judge ruled last week that customers with unused Borders gift cards are not entitled to compensation. It's a good reminder that you should use or sell your cards right away.
CARD Act
How High Credit Card Rates Could Be Good News for You
Despite ultra-low mortgage and savings interest rates, the average credit card rate is still high, and has barely budged over the past year. That's not so lucky for you as a spender -- but it could guide you to a windfall as an investor.
Sick of Fees? Here Are Some Other Banking Options
When people talk about the American dream -- buying a home, going to college, starting a business -- banks are usually somewhere in the background. But what if, instead of making your dream come true, your bank relationship actually costs you money?
Credit Card Complaints Keep Coming, Says CFPB Report
Even though last year's financial reform was supposed to make credit cards more transparent, consumers are still complaining about interest rates, billing disputes and confusing credit card terms.
5 Financial Turkeys of 2011 (and a Side of Stuffing)
At Thanksgiving, we remember the year's blessings and declare hope for the future. But if you're having a hard time swallowing that this year, we offer this recipe for cooking up 2011's most egregious financial news stories. Bon appetite!
Less Need Now to Read Your Credit Card's Fine Print
It appears that complaints from consumers and regulators about the lack of credit card transparency at banks have not fallen on deaf ears. According to CardHub.com's 2011 Credit Card Application Study, the 10 biggest issuers of plastic have significantly improved transparency this year.
When Can a Student Loan Be 'Income'? When Applying for a Credit Card
The last thing students need is a credit card if they can't afford to pay it off. But students who are borrowing money for school keep qualifying for credit. Part of the reason? Some are reporting student loans as income, and in some cases, banks are letting them.
American Express Is Tops With Credit Card Consumers
Consumers' satisfaction with credit cards is improving, but that doesn't mean they're happy with their current plastic, a new study finds. American Express continues to score best for the fourth straight year.
No Wonder So Many Americans Hate Credit Card Companies
DailyFinance contributor Alex Salkever's most recent absurd tale of plastic woe has convinced him that reform or not, it's unlikely that card companies are going to change anytime soon.
Banks Find Clever Ways Around New Credit Card Rules
Today, new rules kick in designed to protect consumers from predatory practices, such as exorbitant fees and sky-high rates by banks and credit card companies. But consumers beware: banks and card issuers have already come up with new fees.
