Thursday, May 16, 2013

This week's top story: How to ask for a credit limit increase

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More credit card news | Credit card help | Credit card videos | Credit card statistics May 16, 2013
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The latest news and advice from CreditCards.com.
 
Top stories

How to ask for a credit limit increase
If you want to raise the ceiling on how much you can charge on your credit card, you're at the mercy of the card issuer, so have your arguments ready. More... 
7 tips for saving time, money when shopping online
As online shopping has evolved, so have the ways in which to do it wisely. These tips will save you time and keep money in your wallet. More... 
Survey: Consumers still don't 'get' credit scores
Women have more credit knowledge, says a survey released Monday, but few of us really understand what makes us creditworthy. More... 
Does card debt make you skip health care?
If you're sick, have high credit card debt and don't have extra cash, you're more likely to forgo critical medical care, says a new study. More... 
Expert advice

Settle debt or pay it off: Which is better?
'To Her Credit' expert Sally Herigstad
With $4,000 in card debt and five months behind on the bill, is settling the bill or paying it off better for her credit score?
More...
 
Does canceling an unactivated card hurt credit scores?
'Opening Credits' expert Erica Sandberg
She applied for a low-limit, high fee card and never activated it. Now she wants to cancel it. How will that impact her credit score? More...
 
Debt lingers after wage garnishment
'Let's Talk Credit' expert Jane McNamara
Through garnishment, an old debt is repaid, but the credit damage can linger for years. The good news? It fades with time.
More...
 
Deciding to cancel your oldest card
'Cashing In' expert Cathleen McCarthy
It's not worth paying an annual fee if you're not getting more value from rewards. But if it's your oldest card, should you cancel it?
More...
 
Blogs

Even senators struggle with credit report errors
At a Senate hearing on the U.S. credit reporting system, three senators confessed that they, too, had found errors on their credit reports. More... 
Bad money lessons from mom
In loving tribute to her mother this past Mother's Day, our blogger thanks her mom for teaching her how NOT to manage money. More... 
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