With the Fed cutting interest rates, shouldn’t credit card companies do the same?

The Fed has cut the interest rate numerous times now to help the struggling economy. Since a lot of the problems people are having are with debt, mainly credit cards, shouldn’t the credit card companies be lowering their interest rates too? And why is it ok for them to up my interest rate [...]

How to Make Sure You’re Getting the Best Credit Card Rates

Are you getting the best credit card rates possible? You’d better hope so. If you’re not, you could be throwing thousands of dollars down the drain without even realizing it. Want to know how to make sure the best credit card rates are on your monthly statements? Here are four tips that will help you [...]

I want to apply for a student credit card, but I know nothing about APRs and interest rates. Help?

I want to apply for a student credit card just in case I need money while I’m in college. My mom and my sister told me not to but this is something I want to do on my own and see if I can handle it alone. I work 2-3 days a week starting Sept. [...]

How to Avoid Credit Card Debt

Credit cards. Most of us have one and some of us use it on a daily basis. But when the bill comes every month it’s easy just to make the minimum repayments to avoid having to pay bank penalty fees. This however could be a big mistake. Many people today prefer to use plastic instead [...]

What is the best way to improve my credit score with a student credit card? ?

I have a $600 limit student Bank of America credit card. Some people tell me the best way is to pay the card balance in full at the end of the month and others tell me it is best to leave a small balance (like around $5)because the interest rates is what eventually improves the [...]

What credit card is best to pay off first? A card overbalance or closed?

I have a credit card that is over my credit limit but is still “open” or I have a card that is below the limit but has been closed by the creditor.
What is the best card to pay off first, asuming that the interest rates are the same. I’m leaning towards the open account that [...]

What’s the difference between a bank credit card and a store credit card?

For example…Citibank, Bank of America, Chase
Why do stores have their own credit cards? What purpose does it serve? Are store cards better to use at that store as in interest rates or what? Examples would be Express, Abercrombie & Fitch, Lucky….