Weekly Tips

Weekly Tips

Authorized User vs Joint Account Holder

If you're planning to add someone, like a spouse or child, to your credit card account, you'll need to first decide whether you want to add the individual as a joint account holder or an authorized user. While this can be a confusing topic for many people, the key difference between the two is actually quite simple - one is responsible for paying the bill, and the other is not.

on Sun, 2009-08-02 17:00

Under 21? New Rules Limit Access to Credit

New credit card regulations set to take effect in early 2010 will make it more difficult for young adults to gain access to credit. This is an important issue for those moving out of the house for the first time or heading off to college without their own solid credit history.

on Sun, 2009-07-19 17:00

Online Savings Accounts: Top 3 Questions to Ask When Weighing Your Options

A soaring personal savings rate among American consumers confirms that the era of conspicuous consumption is out and frugality is in. So, where's the best place to stash your newfound cash as you strive to spend less and save more? If you're looking for a safe and highly-liquid investment that offers the best interest rates available at little or no cost, a high-yield online savings account can't be beat.

on Thu, 2009-07-16 17:00

Auto-pay Credit Cards from Online Savings Accounts

Did you know you can set up automatic payments for many of your credit cards directly from an online savings account? This can be an excellent way to earn the highest interest rate possible on your cash while ensuring credit card bills are always paid on time, so it's definitely worth taking a few minutes to explore.

on Wed, 2009-07-08 17:00

How Many Credit Scores Do I Have?

Unless you don't exist in the credit system for some reason, you actually have three credit scores. And you have three credit scores because you also have three credit reports — one from each of the major credit bureaus. While each credit report should be similar, chances are they contain different information because certain lenders may only report to one of the major credit bureaus. Therefore, each of your credit scores will likely be different as well.

on Mon, 2009-06-22 17:00

Shop Credit Cards the Smart Way - Compare and Apply Online

The days of just applying for whatever credit card offer you received in the mail are long gone. And that's a good thing, because it wasn't a smart way to shop in the first place. If you were in the market for a new TV, would you buy the first offer that arrived in the mail without checking online to compare other products and prices? Of course not, and choosing a new credit card should be considered an even more important financial decision.

on Sun, 2009-06-14 17:00

Bid Double-Cycle Billing Goodbye

While the Credit Card Act of 2009 may not be perfect, it will put an end to some of the more egregious practices that have plagued the credit card industry for decades. Among the major changes the law will enact, double-cycle billing is one that consumer activists are especially excited to bid goodbye.

on Sun, 2009-06-07 17:00

Why Credit Still Counts

It's easy to despise the credit issuers.

Who else should we blame for the ugly state in which our credit card industry exists today? Should we blame consumers for making poor financial decisions and living beyond their means? Perhaps Congress for taking so long to get its act together? Why not blame Bush? He's an easy target for just about anything bad that's happened to our country and the economy.

on Thu, 2009-06-04 17:00

Reward Yourself with the Citi Forward Card

Looking for a new rewards credit card that's forward thinking? Do you pay your credit card bill on time and stay within your credit limit each month? And do you happen to spend most of your entertainment budget on books, movies, music, and eating out? If so, you may be the perfect candidate for the new Citi Forward card, which aims to help you make wise credit decisions by consistently rewarding your responsible financial behavior.

on Sun, 2009-05-31 17:00

moneyStrands Helps Put Your Financial House in Order

Our personal financial lives can quickly become complex and difficult to track. In fact, if you're like most people, you may already have several online bank accounts, a mortgage, HELOC, savings accounts, and credit cards to manage on a monthly basis. So, how can you keep track of it all without spending your precious weekends logging into multiple bank sites and updating boring spreadsheets?

on Mon, 2009-05-25 17:00