According to a SmartMoney.com poll, about 50% of readers are using cards that charge more than 12% interest on outstanding balances. And 17.5% are paying 18% or more. With an interest rate like that, you’d better be paying off that balance in full each month. It’s no surprise that so many people carry such expensive […]

Chris Lardner and her husband Scott own a small family business. Together they have three children, two daughters in college at Regis University in Denver , and a son in 7th grade. As a result of the economic downturn they resorted to paying for some of their daughters’ education with a credit card. As she […]