Articles on Credit

09.15.11

2011 Credit Card Trends

Erik Chang

It has been nearly 2 years since the Credit CARD Act was passed and for the most part, things have changed for the better. While there were some dramatic changes in interest rates right before the CARD Act took effect, BillShrink looked at 11 of the major card issuers and found that interest rates have actually stabilized in 2011. Here

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08.10.11

Starting a Business with Poor Credit

Stan Reybern

While having bad credit can make it more difficult to start a business, it doesn’t make it impossible. If you are truly dedicated to the idea of entrepreneurship, there are some ways to help you get the financing you’ll need for your business. First, reevaluate your funding plan. Studies show that credit card and bank loans account for only 25%

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08.04.11

The Federal Reserve

Samantha Eckles

Whenever you listen to the news, you have probably heard about “The Fed” in some form or another, especially with the current economic crisis. But what exactly is The Fed and why does it matter? Here’s a brief history about The Federal Reserve and the power it has. click to enlarge Use the code below to embed this Infographic: Source:

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05.31.11

How Are Banks Rewarding Customers?

Erik Chang

Reward programs have become the norm for many banks and customers. After all, why wouldn’t you want to earn points or cash back simply for using a specific credit card? Banks provide these various reward programs for a number of reasons including: increasing goodwill among existing customers, drumming up new business through attractive reward offers and improving their standing in

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05.25.11

The Road To Financial Independence: The Student Credit Card

Alex Gutow

As the end of the school year nears, the excitement of going off to college is building for many high school seniors. One of the most exciting things for these incoming freshmen is the independence that college will bring: no curfew, no parents and no easy access to parent’s wallet when they need some extra money. Before this class heads

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05.18.11

Debit vs Credit Rewards: Which Do You Prefer?

Stan Reybern

Almost everyone loves rewards programs. After all, who doesn’t want to be rewarded for buying things that they presumably would have bought anyway? Though there are many types of rewards programs out there, the two most commonly used are the ones associated with debit cards and credit cards. Most consumers are familiar with the types of rewards offered by credit

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05.09.11

All You Need to Know About Credit Scores

Alex Gutow

When was the last time you checked your credit score? Your credit score describes how well you can manage debt and is used by banks to rate how risky you are to loan money to. An excellent credit score can save you thousands of dollars of interest over time while a poor credit score can prevent you from getting loans

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