According to the Associated Press, 84% of undergraduates had at least one credit card in the 2008 spring semester and half of college students had four or more credit cards. Seniors had average credit card debt of $4,100 when they graduated. Due to recent credit card legislation, unless your kid has enough income to pay [...]
Today’s best credit cards go beyond aprs and annual fees. Since new credit card rules restrict lenders’ abilities to manipulate interest rates beyond a promotional period – perks, rewards, and customer service are perhaps the only ways to tell many of the best credit cards apart nowadays.
Issuers have entered a new battle over consumers [...]
Credit card solicitations more than doubled in the fourth quarter of 2010 to 1.4 billion, up from 551 million in the same period of 2009, according to Chicago-based Mintel Comperemedia, and eight in 10 of those offers were for reward cards. EastValleyTribune.com reports that card issuers are going after customers with new vigor.
“It is getting [...]
Rewards credit cards have seen a noticeable interest rate drop over non-reward credit cards according to a recent survey as of July as mentioned on FoxBusiness.com. They have dropped to an average rate of 17.09 percent from their previous level of 17.48 percent.
The average rate for non-reward credit cards fell to 14.88 percent from [...]
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