Posted on Tuesday, 30th December 2008 by CreditCardGuru
January 1st is just a day away and one thing is for sure… 2009 will be a new year in so many ways. Will the economy turn around or will it stay flat? One thing is for sure, the old days of easy credit to anything with a pulse are long gone. As far as [...]
Tags: credit card, credit cards, credit crunch, News
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Posted on Thursday, 25th December 2008 by CreditCardGuru
Credit Card Forum wishes you and your family a merry Christmas, happy Chanukah, and a prosperous new year!
C
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Posted on Sunday, 21st December 2008 by Sam
For years congress has been trying to pass a Credit Card Bill of Rights but the Senate repeatedly shoots it down. The Federal Reserve knew something had to be done so they took matters into their own hands on Thursday and set guidelines for the most controversial practices creditors do today. Some of the highlights [...]
Tags: credit cards, debt, debt consolidation, federal reserve
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Posted on Tuesday, 16th December 2008 by Nicole
A member on Credit Card forum pointed out the news that there is a new Visa black credit card which has just been released, but is this really nothing more than an imitation of the American Express Centurion card?
The Black Card (yes, that is the official trademarked name of the card) carries a $495 fee. [...]
Tags: american express, black card, centurion, credit cards, visa
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Posted on Sunday, 14th December 2008 by CreditCardGuru
It is expected that this Thursday the Federal Reserve will be voting on a number of controversial matters practiced by credit card issues. These include things such as:
Credit Card Grace Periods - Some credit card issuers have been shrinking their grace periods of the years, from 25 days, down to 15, and some down to [...]
Tags: credit cards, federal reserve, grace periods, universal default
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Posted on Wednesday, 10th December 2008 by Nicole
Ever wonder what the very first credit card looked like?
This card was issued in 1958 by American Express and under the current definition of a credit card, most would consider this the first credit card ever issued. Diners Club did have a card prior to this, but it could only be used at restaurants.
Anyway, this [...]
Tags: american express, credit cards
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Posted on Sunday, 7th December 2008 by CreditCardGuru
By the looks of the headlines lately, you would think every single American is about to default on their mortgage and has a mountain of credit card debt. True, debt has gotten out of control. The last few years Americans borrowed money to buy and sell houses back to each other at unsustainable double digit [...]
Tags: credit card debt, credit cards, credit crisis, debt
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Posted on Tuesday, 2nd December 2008 by CreditCardGuru
Are you tired of lousy returns on your savings account? Excessive overdraft fees on your checking account? Overall poor customer service at your bank? Or just worried about the financial stability of your bank? Well the solution is not to bury cash in your backyard! Instead you should look into the best-kept secret in banking; [...]
Tags: banking, credit union, mortgages
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