Home / Credit¢ents Blog

Creditcents: Credit and Personal Finance Blog from Creditnet.com

Will Credit Card Reform Make it on Obama's Long To-Do List?

capitol

Update: On May 22nd 2009, President Obama signed the Credit CARD Act of 2009 into law, which includes a Credit Cardholders' Bill of Rights.

Cavalli's Cure for the Credit Crunch

credit-cards

A name I don’t see too often in articles about credit and debt caught my eye today while skimming through RSS feeds. Roberto Cavalli, the world-renowned designer and master of animal prints, recently announced he has taken his mission to “create a planet” around the Cavalli brand to a whole new level.

2009 Brings a New FICO Score

Not only has the credit crunch made it more difficult to obtain practically all types of credit, but Fair Isaac, developer of the well-known FICO score, has also announced the biggest change to their credit scoring model since 1989. So, prepare yourself now, because it will be more important than ever in 2009 to understand how everyday financial decisions will affect your credit score.

Happy Holidays from Creditnet.com!

Wishing each of you a peaceful and joyous holiday season. We'll try not to think about credit for at least one day, and we suggest you try too. So, eat lots of good food, enjoy your family and friends, take a nap, and be thankful for all that you have. Happy Holidays!

Use 'Em or Lose 'Em

Most people don’t think of credit cards as a terribly exciting topic of conversation. When was the last time you were hanging out with a bunch of friends and felt an overwhelming urge to brag about how many “ThankYou” points you banked with your CitiCard this year? Probably not going to be the life of the party if that’s the best you can come up with. That is, unless you’re hanging out at my house.

Living Within Our Means

one-dollar I’ve received several emails lately from ‘Creditnetters’ expressing concern about their HELOCs getting frozen without much notice from lenders. Yes my friends, they can do it, and there’s not a whole lot you can do to fight it.

Control What You Can - Don't Worry About The Rest

credit-panic

As Thanksgiving approaches, I am reminded of how fortunate I am to live in this wonderful country. This is a great time to reflect on all of the good things in our life and to stop obsessing over the challenges that lie ahead.

Is a Credit Card Crisis Next in Line?

The latest estimate I saw for US credit card debt stood at $915 billion. I don't know exactly where it stands today, but the number seems to rise 10 billion or so every time I hear it mentioned. It may sound like a familiar number to you as well, since it's a mere $15 billion more than the amount of consumer debt that drove the subprime mortgage meltdown earlier this year.

Pages

Home / Credit¢ents Blog