3 Tips to Effectively Consolidate Credit Card Debt

It’s not easy to feel overwhelmed by credit card debt. Maybe you’re having trouble keeping up with your monthly payment minimums, or maybe you just don’t see how you’ll ever get out from underneath that massive pile of debt. If you’re worried about your accounts being sent to collections or you just need help putting…

The “Shopping Cart Trick” for Store Credit Cards

Having bad credit comes with more than a few downsides. But two of the biggest concerns are how to qualify for new credit accounts and how to fix your existing credit. There’s actually a simple strategy that, in many instances, can help you do both. It’s known as the “shopping cart trick,” or sometimes the…

Best Comenity Bank Credit Cards for 2017

Comenity Bank is a financial services company that offers credit cards through national retail chains to consumers around the country. In fact, the 30-year old company has more than 50 million card members through its various credit card programs. So what makes Comenity Bank and its store credit cards so special? For many people with…

When Is the Best Time to Pay My Credit Card Bill?

Paying your credit card bills can actually involve a bit of strategy and forethought. You don’t just want to pay your bills on time — believe it or not, there’s actually more to it than that. The reasons to pay early are actually different than the reasons to avoid paying late. Keep reading to find…

What Is a Secured Credit Card?

Having a credit card tucked in your wallet offers a lot of financial flexibility. Not only can it help in a financial emergency when you’re short on cash, but it can also be necessary for simple tasks like making travel reservations. Most importantly, it can also help build or rebuild your credit. But if you…

Innovative Credit Cards You Might Not Have Heard About

The traditional credit card is a familiar concept for most people: you submit an application, receive your card in the mail, and start making purchases. Maybe you get some reward points when you pay off your balance or receive extra perks when you travel with certain brands. But in today’s tech-centered world, the credit card…

Understanding Your Rights with the Truth in Lending Act

Introduced by Senator William Proxmire and enacted on June 29, 1968, the Truth in Lending Act (TILA) was designed to help consumers better understand the credit terms and rates offered to them by lending institutions. Part of the broader Consumer Credit Protection Act, TILA ensures that all creditors use the same terminology and expression of…

What Is the Fair Credit Billing Act?

Have you ever received a bill from a creditor that contained errors? Did the merchant charge your card twice? Does your billing statement contain charges for items that were returned? Or maybe you’ve been assessed fees for late payments even though you’ve always paid on time. These are a few examples of common billing errors…

What Is the Chase 5/24 Rule?

A Chase credit card is one of the most sought after cards available. With multiple types available, often with lucrative signup bonuses and rewards programs, it’s no wonder why so many people apply. However, a few years ago, Chase introduced the 5/24 rule as part of the application process. It’s been increasingly enforced, making it…