Thursday, July 18, 2013

This week's top story: Cash crisis? How salary advances work

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More credit card news | Credit card help | Credit card videos | Credit card statistics July 18, 2013
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Top stories

Cash crisis? How salary advances work
If you need a few extra dollars for an unexpected emergency, there's one source you may not have considered: your future paycheck. More... 
CFPB provides debt collection sample letters
To defend again abusive or deceptive debt collection practices, the Consumer Financial Protection Bureau drafted five sample letters to help. More... 
Fraud alert: Small charity charges
If you see a small charitable donation on your card statement, but don't remember making it, you may well be a target of a larger fraud effort. More... 
Infographic: Most hagglers find success, savings
Consumer Reports survey finds that those who haggled for goods and services have been handsomely rewarded for their efforts. More... 
Expert advice

Don't ignore collections on very old debt
'Let's Talk Credit' expert Jane E. McNamara
The statute of limitations doesn't bar collectors from trying to get old debts paid, but you have rights and can stiff-arm them easily.
More...
 
Help! My husband's ruining my credit
'Opening Credits' expert Erica Sandberg
They opened a joint card, but then her husband went "crazy" charging. To make matters worse, he then stopped paying the bill. More...
 
Divorce and card debt in community property states
'To Her Credit' expert Sally Herigstad
She's an authorized user on her ex's card, but they live in a community property state, so she's not off the repayment hook.
More...
 
How do I safely cancel my dormant AmEx?
'Cashing In' expert Cathleen McCarthy
If you cancel a card to save on annual fees, will asking for a credit limit increase on another card mitigate credit score damage?
More...
 
Blogs

Oregon tests unique idea to cut student debt
If you were offered free tuition in exchange for a small percentage of your paycheck for the next 20-plus years after graduation, would you take it? More... 
5 bad budget-busting behaviors
When you're ready to start building your credit score, don't fall prey to these start-up sins. More... 
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