Contrary to popular belief, young adults can still open credit card accounts in the post-CARD Act environment--although they might need some help. But which card is the best?
An increasing number of debt-laden consumers are turning to their credit card company or lender to explore possible solutions to shed the debt, and in doing so are discovering a potential goldmine: free balance transfer credit cards.
Both business and personal credit cards have their advantages, here's a look at when to use which.
Both consumer credit cards and so-called business credit cards hold individuals liable for debt and can be used for business purposes, so either both or neither should fall within the scope of the CARD Act.
No preset spending limit credit credit cards might sound like a good idea, but their tricky way of establishing spending limits can get consumers in trouble.
What does 2015 have in store for our wallets and the overall economy?
When it comes to the world of credit cards, college students are in a unique position: they are a bank's target audience, but the CARD Act places age limitations on when they can open an account. So what's a college student to do?
Many consumers are lured by the benefits of what they call 'prepaid credit cards.' But here's the problem: Prepaid credit cards don't actually exist.
At one-year-old, the CARD Act can be called a success for increasing transparency and protecting consumers from outrageous fee hikes.
While its now much easier than ever to identify the worst credit cards on the market, and the gap between the best and worst has diminished thanks to the new credit card law, the negative financial ramifications of making a poor credit card choice are still significant.