The rules that credit card companies have to live by changed dramatically with the enactment of new regulations last month. Now, some of the rules for consumers striving to maintain good credit are changing, too. For the most part, cardholders would still do well to pay on time, keep their balances low and refrain from […]

How will the CARD act affect you? That depends in part on which type of credit card you’ve got in your wallet. The combined impact of the economic downturn and the restrictions placed on credit card companies by the Credit CARD Act mean card issuers will be changing how they do business in ways that […]

More holiday shoppers this year are using cash or debit cards to avoid overspending with credit cards. But what about the rest of the year? Is it possible in a credit-dependent society to get by without plastic? “Credit cards are not necessary,” says Ed Fredericks, a finance professor at Pepperdine University. “Originally, credit was seen […]