What to know about penalty APRs

You may be proud of your low-interest credit card now, but if you’re not careful, that low APR could be jacked up so high it’ll make your head spin.

We study The Best Cash Back Reward Credit Cards

Credit cards have become the preferred method of payment for many people. However, not all credit cards are created equal. Some are better than others and this is usually (though not always) reflected in the relative popularity of any given credit card.

PayPal and Discover combined into a payment network

PayPal credit card industryIt’s no secret that eBay, the owner of online payment service PayPal, wants to take on the credit card industry. The company recently announced a new partnership with retailers such as Home Depot and Starbucks to allow customers to pay for their purchases with their PayPal account.

AAA migration on the technology with a chip-and-PIN

The largest travel organization in the United States is trying to make things a little easier for its credit card users who charge purchases internationally.

Are you thinking about refinancing your mortgage?

With interest rates remaining at all-time lows, home owners are often tempted by stories of reduced interest payments, more favorable loan terms and the ability to obtain thousands of dollars in cash from the equity in their homes. But refinancing your mortgage might not be a good idea. Home owners considering refinancing should first take a look at the pros and cons.

Auto loan and mortgage delinquencies also dropped significantly

Americans keep getting better at paying their credit card bills on time, according to the results of a new Experian study. Researchers reported that the dollar amount of bank credit card accounts over sixty days delinquent fell 21 percent in July 2012 from the same period a year earlier. Auto loan and mortgage delinquencies also dropped significantly over the past year, researchers said.

The joint use of credit cards in the Couple

Many couples have only one truly banked person in the relationship. It may be that only one person works, and another person stays home. Or, in this era of rising student loan bills, only one person puts their name on credit cards and mortgage loans to make it easier to qualify for financing. Other couples might have skeletons in their closet – one person has poor credit from decisions made long ago.

Mortgage Rates Flat To Slightly Higher

Mortgage rates are somewhat higher again today after news out of Europe created market momentum overnight in favor of higher stock prices and higher bond yields.  When bond yields move higher, mortgage rates are generally moving higher as well although today's rates did a fairly good job of holding steady at the prevailing best execution rate of 3.5% for 30yr Fixed Conventional Loans.

Fraud strikes 1 % of credit card transactions

Twice as many credit card fraud cases involve phone or online transactions than retail sales, according to new data from FICO. However, researchers found that sophisticated counterfeit rings have raised the stakes for merchants over the most recent twenty month survey period.

Capital One offering pricing of Secondary Common Stock

Capital One Financial Corporation (NYSE: COF) today announced that it has entered into an underwriting agreement under which selling stockholder ING Bank N.V. has agreed to sell all of its 54,028,086 shares of Capital One common stock pursuant to a previously announced resale offering. 

Chase and MasterCard enhanced small business with credit card

Times are tough for many owners of small and medium-sized enterprises (SMEs) at the moment, so anything that helps smooth or improve their working lives is usually very welcome. Perhaps that's why Chase and MasterCard both independently decided to announce enhancements to their small business credit cards in July.
Small business credit cards get better

How to Invest in Gold

While gold has always been an option for diversifying your portfolio, investing in the precious metal is a great way to ensure your financial holdings withstand a fluctuating dollar. Learn more about why investing in gold may be a good choice for you, where to invest, and what to expect.

Mortgage Rates Completely remained in place

Mortgage rates were completely unchanged today despite the 3-day Labor Day weekend.  Historically, there has been a fair amount of volatility between the Friday before Labor Day and the Tuesday after.  The fact that today broke with tradition is a testament to the uncertainty facing markets ahead of several key events later this week and next week.  The Best-Execution rate for Conventional 30-yr Fixed Loans remained unchanged at 3.5%.

Capital One and ING DIRECT conducted a survey teens about work credit cards

As many as one in four American teenagers don't know the difference between a debit card and a credit card, according to a survey commissioned by ING DIRECT USA and its parent company, Capital One. 24 percent of respondents told researchers that they thought spending money with a debit card involved borrowing a bank's money instead of using their own cash.

Your children need in credit cards?

Odds are, your little ones have no idea what a Visa, Discover or MasterCard credit card is, much less know how to use it, right?

Well, if your little one is Suri Cruise, she not only knows how to use a credit card, but she has her very own card with her very own name. At least, that’s what’s being reported today.