New Credit Card Laws Favor Consumers

On May 22, President Obama officially signed the CARD Act and the new regulations will take effect in February 2010. This set of laws is a major milestone for the credit card industry and may be instrumental in ending deceptive practices that affect consumers.

Sales Tactics To Make You Spend More With Credit

As you strive to settle your debts, most of you have made a commitment to rely on cash instead of credit cards. After you complete your debt negotiation program, you will probably want to re-establish your credit. As you probably know, credit cards can cause serious financial problems if they are not used properly.
Unless you [...]

Some Gas Stations Ban Plastic

According to a recent article in USA Today, many gas station owners are refusing to accept credit cards due to the increasing surcharges and interchange fees merchants are required to pay on credit card transactions. Many gas stations encourage customers to pay with cash by offering discounts or free products.
In order to help merchants, [...]