Credit Card Consumer Protections

Credit Card ACT: Know Your Consumer Rights

Prior to 2009, credit card issuers operated with impunity. Any minor error a consumer made resulted in harsh consequences from card issuers. To correct this, the Credit CARD Act of 2009 was drafted. It received strong bi-partisan support in both the House and Senate. It was signed into law by President Barack Obama in May Read more

0 APR Credit Cards

Deferred Interest vs. Zero APR Credit Cards: Know the Difference

A lender’s “interest-free financing” credit card sounds like a tempting offer. It might be worded as “0% APR” and “no interest if paid in full” over a given time. The promise of saving money with a credit card is powerful. If you could eliminate paying interest, why not get the card? Before you add it Read more

Credit Score

Understanding a Good Credit Utilization Ratio

When reading about credit and credit cards, you may see the term “credit utilization ratio.” If you don’t know what exactly a credit utilization ratio is, the whole discussion can go over your head. Worse, you may be missing out on an easy way to improve your credit score. Table of Contents What Is a Read more

Credit Card Application Declined

Credit Card Application Denied: Most Common Reasons

You won’t always be expecting your credit card application to be denied, and sometimes you won’t be told exactly why it was rejected. Below are the most common reasons explained and what you should do to increase your chances of having your application approved. Table of Contents High Credit Card and Loan BalancesNegative Information on Read more

0% APR Credit Cards

Everything You Need to Know about 0 APR Credit Cards

So, you’re interested in a 0% APR credit card. This could be a very smart idea. A 0% APR card means you won’t pay interest on your balance transfers, new purchases, or both. This interest-free period can be as low as 6 months to as high as 21 months. We’ve listed some important facts about Read more

Why to Have a Credit Card with No Annual Fee

Why You Should Have a Credit Card with No Annual Fee

If you’re looking for a good way to maximize credit card benefits and minimize your costs, listen up. A credit card with no annual fee is one of the best ways to meet this goal. No fee cards offer all the basic perks of credit cards without costing you an annual maintenance expense. We’ve listed Read more

Airline Credit Cards

How to Fly Business Class Cheap: Ultimate Guide

If you’re like us, you’re already thinking about your next flight somewhere. The world is on sale, and you love a travel bargain. The problem is that amazing deal is in Economy (or worse, Basic Economy). Yay. We’re so (not) excited to pay fees for everything, from $35 for my first checked bag to $8 Read more

0% APR Credit Cards

Credit Cards with No Interest Rate: How They Work

You may have heard that credit cards with no interest rate are great cards to have. But what makes them so great? Provided that you can meet all the credit card’s terms and conditions, you won’t pay interest during an introductory period. According to the CARD Act of 2009, the 0% APR offer must be Read more

Zero APR Credit Cards

Choosing 0% APR Credit Cards Wisely

0% APR credit cards are powerful tools to help reduce credit card debt. They allow you to pay off the principal of the debt without accruing interest over a given period of time. This 0% APR offer may apply to new purchases, past balance transfers, or both. If you are looking for 0% APR credit Read more

No Annual Fee Cards

Pros and Cons of No Annual Fee Credit Cards

No annual fee credit cards are cards with which you don’t have to pay a fee once a year to use them. There is a lot of misinformation about these cards, so we’ve compiled a list of advantages and disadvantages below. Let’s review them, and by the time we’re done, you should understand the benefits Read more