Thursday, November 6, 2014

Top story: Currency changes slow to aid the blind

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Weekly newsletter: November 6, 2014
 More credit card news
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Top credit card news
Expert advice
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Currency changes to aid blind slow to take shape
New technology and phone apps have made it easier for blind consumers to discern cash, despite delays in physically changing the currency ... (See More)
6 steps to using credit cards to manage caregiving costs
When it comes to managing caregiving costs for a loved one among family members, credit cards can help, but only if everyone plays by the rules ... (See More)
Study: More young consumers with good credit have cards
Young consumers with good credit are increasingly taking on credit cards, while those with bad credit are taking on less, according to a TransUnion study ... (See More)
'Opening Credits' by Erica Sandberg
Employed grad with no debt gets rejected for new card
With no debt, a job and regular payments on a low-limit card, a recent grad wonders what she has to do in order to get approved for a new card. More...
'Cashing In' by Tony Mecia
When canceling a rewards card, purge clutter, not points
By all means, cancel a rewards card that is no longer right for you, but don't be hasty. Try to keep the points, and see if the issuer will offer to sweeten your deal. More...
'To Her Credit' by Sally Herigstad
Options limited if authorized user refuses to pay charges
Call it authorized-user blackmail: A daughter adds her dad to her card, he runs up the balance, but threatens to stop payments if she closes the card. More...
TAKING CHARGE Blog
Rate Report
Study: People make smarter money choices when they're hungry
The next time you go shopping, you may want to skip lunch. A new study published by Plos One found that people who are moderately hungry tend to make smarter choices with their cash ...  More...
EMV card chips vulnerable to being hacked
UK researchers discovered an alarming vulnerability in the EMV chip system. In their tests, it took less that a second for someone to swipe a phone over a card and make a transaction unbeknownst to the card's owner ... More...
Credit card rate report
As of 11/6/2014
National Average
15.09%
Low Interest
10.37%
Business
12.85%
Balance Transfer
12.82%
Student
13.14%
Cash Back
14.98%
Reward
15.07%
Airline
15.46%
Bad Credit
22.73%
Instant Approval
28.00%
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