Thursday, August 29, 2013

This week's top story: Avoid paying interest on no-interest deals

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More credit card news | Credit card help | Credit card videos | Credit card statistics August 29, 2013
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Top stories

Avoid paying interest on no-interest deals
About one in five people who sign up for no-interest deals on big-ticket items actually wind up owing finance charges -- often hundreds of dollars -- because of tripwires in the terms of the credit cards that are used to finance them. More... 
Americans look abroad to avoid student loan blues
Frustrated by high college costs, U.S. students look overseas. Universities in Canada and farther afield offer comparable quality at a lower cost. More... 
Know these 5 things about payroll cards
More employers offer reloadable payroll cards in lieu of checks or direct deposits. But watch out for the costs and risks that come with them. More... 
Expert advice

Buried in debt. Can you just stop paying?
'Let's Talk Credit' expert Jane McNamara
If you're swamped with card debt, it may be tempting to stop making payments and hope the problem goes away. Sorry. It won't. More...
 
Is a card account open if it isn't activated?
'Opening Credits' expert Erica Sandberg
If you apply for a card, get it in the mail and then choose not to activate it, does the account still get listed on your credit report? More...
 
Slow, steady route to good credit rating wins
'To Her Credit' expert Sally Herigstad
Paying on time for a few months doesn't drastically change a credit score, especially if you've lapsed in the past.
More...
 
Which rewards cards benefit parents?
'Cashing In' expert Cathleen McCarthy
If you have kids at college, you may want a rewards card to help pay for their travel and everyday expenses.
More...
 
Infographics

Your map through Chapter 7 and 13 bankruptcy
If you think bankruptcy might be your best option, this interactive guide shows what you can expect at each stop along the way. More... 
Gen Y embraces mobile bill pay, boomers like mail
When it comes to paying bills, consumers -- especially young ones -- are embracing mobile, according to a recent survey from Western Union. More... 
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(as of 8-29-2013)
National Average   14.95%
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Low Interest   10.46%
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Cash Back   14.51%
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Bad Credit   23.48%
Airline   14.63%
Student   13.27%
Instant Approval   28.00%

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