Credit News
Credit and credit card newsDiscover Cardmember Agreement Changes
Discover sent me a letter today detailing changes to my cardmember agreement. The following changes will apply to Discover accounts effective for billing periods that end after October 1st, 2007. Special Cash Advance Offers In so many words, Discover may ... Read More »
New Law to Corral Credit Card Companies on Campus
A new law will go into effect on September 1st in Texas which will make it more difficult for credit card issuers to market their credit cards on college campuses. In response to the seemingly endless negative correlation between young ... Read More »
Capital One to Report Credit Limits to Bureaus
Capital One has announced that it will report credit limits on its credit cards to all 3 major credit bureaus amid criticism from consumer and industry groups. The move will also help improve card holder’s credit scores, which likely suffered ... Read More »
Credit Cards Ranked by Security
A report released by Javelin Strategy & Research, a Pleasanton, Calif.-based financial services research firm rated credit card issuers using three criteria: prevention, detection and resolution. The study ranked 25 credit cards from the top issuers nationwide, with the Bank ... Read More »
Insurance Rates, Claims, and Your Credit Score
We all know that a high credit score leads to a better rate on a mortgage and a lower interest rate on an auto lease, but what about its effect on the cost of auto insurance premiums? The FTC released ... Read More »
GE Introduces Green Credit Card
GE has launched a revolutionary new “green credit card” aiming to stamp out greenhouse gases and deforestation with credit card purchases. The credit card will work like a typical rewards card, although instead of earning concert tickets or airline miles, ... Read More »
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