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Credit Information

Credit Card Debt: How To Control It


A lot of people spend more money than they can afford to repay toward their credit card debts. To regain control over your finances and to manage your debt, here are some solutions you can try.

Understanding the Function of Credit


What is Credit?Credit is the backbone and the engine behind the workings of the economy. Credit simply allows individuals and companies to borrow funds in good faith and pay it back over a specified time frame.

Cutting Credit Card Costs


What are the APRs charged by the credit cards in your wallet? If you are paying more than 12% interest on any of them, you are probably paying too much. The prime rate is currently in the single digits, so credit card companies that charge above 13% APR are overcharging.

Restore Your Credit Rating And Reduce Your Debts


Your credit rating affects many areas of your life. Opening new credit accounts, buying a home or car, getting a new job, and receiving discounts on insurance rates are just a few of the things that are impacted by your credit score.

How Your Credit History Can Affect Your Life


Your credit history is an important aspect of your life. Maintaining your credit rating is very important to your future and to your lifestyle.

10 Signs You May Need Credit Counseling


Debt management programs can be of real help for people that discover they cannot face their debts. At first, they will attempt to solve the situation all by themselves by cutting down on spending and keeping a close eye on accounts.

Common Credit Score Myths


A lot of credit score myths about fico score ratings get spread around and some of them are just outdated information. Sometimes even lenders can give you the wrong advice and it can get confusing.

Finding and Applying for the Right Credit Card Offer Online


Anywhere you go online nowadays, you will see a multitude of ads for credit cards. Some offer low interest rate for an introductory period, or bonus frequent flyer miles while others offer real discounts on new vehicles and equipment.

Cash Back vs. Rewards Credit Cards


Ah, the sweet rewards of using credit!Not only do you get immediate gratification with the buy now-pay later plastic, but now, many credit cards offer rewards and incentives for using their card to make purchases. You can get cash back, or gift cards, or 'reward points' that you can spend on merchandise or services from various merchants.

Avoiding College Credit Card Traps


Congratulations college freshman! You're about to embark on one of the most exciting times of your life. By now your parents, siblings, and friends have offered you all kinds of advice on how to make your transition to college smoother - how to get along with your roommate, what classes to take and which ones to avoid, where to find the best off-campus food, and how to stay safe on campus.

Credit Report Secrets: Do You Know What They Reveal?


If you've ever applied for a credit card or loan, you've probably had your credit report reviewed by the lender. Your credit report has a huge impact on your financial future, so it's well worth your time to be sure that you understand what your credit report says about you.

Identity Theft - Monitor Your Credit Report


The recent security breach at credit card processor CardSystems Solutions has many consumers worried. Thanks to a well-placed computer virus, nearly forty million credit card numbers were stolen, and cardholders nationwide are justifiably concerned about identity theft.

Which Business Credit Cards with Reward are the Best?


Thinking of applying for a credit card with a reward program to help you and your business? Here is a brief guide to some of the best programs on the internet.The Platinum Business Credit Card with rewards from American Express is a great offer.

Manage Your Credit Wisely


Getting your first credit card is a big deal and all young people look forward to it with bated breath. We wait for years to be able to apply successfully for out own credit card.

Credit Report - How Your Credit Score is Determined


Most consumers are aware that they have something known as a credit report that is used to determine whether or not they would qualify for a loan. Fewer are familiar with the FICO score, a creation of the Fair, Isaac, and Co.

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MORE RESOURCES:

Telegraph.co.uk

Citigroup Posts $2.5 Billion Loss on Write-Downs
New York Times, United States - Jul 18, 2008
By LOUISE STORY Hobbled by the credit crisis at home, Citigroup has limped through nine months in the red, reporting a $2.5 billion quarterly loss on Friday ...
Citigroup credit default swaps narrow 15 bps-Phoenix Reuters
Credit Costs Weigh on Citigroup Wall Street Journal Blogs
Citigroup Posts $2.5 Billion Loss, Besting Estimates Washington Post
Bloomberg - Independent
all 765 news articles


If high credit-card debt is dragging you down, it's time to start ...
Boston Globe, United States - 2 hours ago
High credit-card debt is one of the biggest issues facing consumers, says Dara Duguay, director of Citigroup Inc.'s Office of Financial Education. ...
Studying up on credit scores Chicago Tribune
Given a Shovel, Digging Deeper Into Debt New York Times
all 5 news articles


The Money Times

JPMorgan bests forecasts but sees US credit worsen
The Associated Press - Jul 17, 2008
However, JPMorgan Chase, like its weaker competitors, still has a tough environment to slog through as the aftermath of the mortgage and credit crisis ...
Ackermann says credit crisis end in sight Financial Times
2nd UPDATE: JPMorgan 2Q Net Down 53% On Credit Woes, Markdowns CNNMoney.com
JP Morgan: The Legacy of the Credit Crunch Wall Street Journal Blogs
guardian.co.uk - Wall Street Journal
all 527 news articles


Dollar Rebounds From Record Versus Euro as Credit Turmoil Eases
Bloomberg - 16 hours ago
The US currency also rose versus the yen on signs US investment banks will withstand credit-market losses and the Federal Reserve and the Treasury proposed ...


BBC News

Credit crisis: Merrill Lynch to sell Bloomberg stake and keep HQ after
Tehran Times, Iran - 23 hours ago
The loss was due to write-downs of $9.4bn on the value of mortgage holdings, credit-related derivatives and instruments guaranteed by crisis-hit monoline ...
Merrill Drops After $4.65 Billion Second-Quarter Loss (Update2) Bloomberg
Quarterly loss at Citi smaller than expected, but Merrill disappoints FinancialWeek (subscription)
BlackRock shares soar on earnings, Merrill stake move Reuters
Financial Times - Bloomberg
all 654 news articles


Accounts in separate banks get coverage
FayObserver.com, NC - 2 hours ago
A similar program is in place for credit unions insured by the National Credit Union Share Insurance Fund. For more information, check www.fdic.gov/deposit/ ...
Credit unions echo banks: Your money's safe with us News & Observer
all 2 news articles


$10m W/Bank Credit: Boom time for small-scale mining
The Punch, Nigeria - 2 hours ago
This was the scenario, which the World Bank set out to help Nigeria change in 2005 when it granted the country $120m credit under the Sustainable Management ...


Mortgage sales pressure fuelling credit crisis: ACTU
ABC Online, Australia - 5 hours ago
The Australian Council of Trade Unions (ACTU) has accused banks of fuelling the credit crisis by forcing staff to push mortgages onto people who cannot ...
Banks 'pushing' families into debt The Australian
Banks lean on staff to push loans The Age
all 6 news articles


No deals for debits at the pump
Detroit Free Press, United States - 6 hours ago
I would have paid the same price if I used a credit card. Bring the Benjamins and you'd get that super-low price -- OK, low by today's standards -- of ...
Gas stations turning to using 'gift ABC12.com
all 4 news articles


Deals and takeovers are being done despite the credit crisis
Telegraph.co.uk, United Kingdom - 6 hours ago
So, tapping the credit market for a cool £10bn to finance the acquisition of companies such as Alliance Boots or J Sainsbury is simply out of the question ...

Credit - Google News

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