Posted on Monday, 31st August 2009 by CreditCardGuru
Is an ARCO credit card really a good deal or just questionable marketing? As a resident of Southern California, there are quite a few ARCO gas stations around here. Their motto is “straight up gas” and they claim to be an average of 5 to 10 cents cheaper per gallon than other stations. But my [...]
Tags: arco credit card, arco credit cards, arco gas credit cards
Posted in Reviews | Comments (17)
Posted on Wednesday, 26th August 2009 by CreditCardGuru
Do you have an American Express card? Then there’s a good chance you recently got a letter in the mail from Amex raising the interest rate on your variable APR card. In fact, I received this letter in the mail myself for my Blue card. The changes go into effect during the first billing period [...]
Tags: american express, credit cards, interest rate, raising apr, raising interest rates
Posted in News | Comments (20)
Posted on Monday, 24th August 2009 by CreditCardGuru
Fees for going over your credit limit are a huge money maker for the industry. In fact, they are estimated to bring in around $3.7 billion in revenue this year alone. The recent credit card reform (which doesn’t kick in for another half year) will help protect against these fees: creditors won’t be able to [...]
Tags: american express, credit cards
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Posted on Thursday, 20th August 2009 by CreditCardGuru
Last week we reported that credit card debt is declining in America. The numbers for July have recently been released and show continued improvement in the number of unpaid accounts. The latest figures for net loss are as follows:
American Express: 10.18% down to 8.92%
Bank of America: 13.86% to 13.81%
Capital One: 8.82% to 8.78%
Chase: 8.04% to [...]
Tags: credit card, credit crunch
Posted in News | Comments (3)
Posted on Monday, 17th August 2009 by CreditCardGuru
Right now on the US version of the CNN homepage, the main story is about a suspect who allegedly has set the all-time record for the number of credit card numbers stolen - more than 130,000,000! Furthermore, the previous record was also allegedly set by him; stealing 40,000,000 account numbers.
Who is this suspect? Well his [...]
Tags: credit card fraud, credit cards
Posted in News | Comments (3)
Posted on Saturday, 15th August 2009 by CreditCardGuru
Good news and credit card debt… those are two phrases you don’t often hear together.
Fortunately, we can say them in this story. Americans have been paying off their credit card debt for the fifth staight month in a row. This goes against what many had predicted: that debt would be rasing because of unemployment.
True, for [...]
Tags: credit card debt in america, how much credit card debt in america
Posted in Uncategorized | Comments (4)
Posted on Tuesday, 11th August 2009 by CreditCardGuru
Have a startup company or know someone that does? Or maybe you’re thinking about starting up an entrepreneurial venture? Well, you may want to think twice before you plan on whipping out your platinum cards to cover startup expenses. That is, if you can’t pay your bill off in full at the end of the [...]
Tags: angel capital, credit cards, venture capital
Posted in News | Comments (3)
Posted on Saturday, 8th August 2009 by CreditCardGuru
Credit card debt consolidation seems to be the buzzword in financial circles these days, given the fact that the economic crisis only seems to be getting worse. You see the ads on TV, radio, and the net. We keep hearing about the virtues of debt consolidation and how these programs not only help consolidate your [...]
Tags: credit card debt reduction, credit card debt settlement
Posted in General | Comments (10)
Posted on Monday, 3rd August 2009 by CreditCardGuru
Like they say, there’s an ap for that… including processing credit cards.
Right now there is already an ap out that allows merchants to manually enter a customer’s credit card data and charge there card. But now, a card reader called Square has been developed that can actually read the card. It’s a small cube that [...]
Tags: credit cards, iphone credit card processing, iphone credit card reader, iphone square
Posted in Uncategorized | Comments (3)
