Credit cards don’t typically fall into the category of pop-culture, nor do they usually garner much attention aside from their basic functionality. But one credit card has mystified and amazed consumers and the general public for years: “The Black American Express Card.” During the 1980s, many believed it was a hoax or simply urban legend, … Continue reading “The Black American Express Credit Card Really Exists”
Author: Colin Robertson
Colin created this blog after spending several years in a job that required him to scour credit reports on a daily basis. His goal is to help individuals better understand their credit and get the most out of credit cards.
Best Gas Rewards Credit Cards – Earn 5-10% Cash Back!
(*****Last updated 7/13/2017) So gas prices are continuing to rise, and it’s not even summer yet. Many experts see gas prices per gallon shooting up to over $4.00 which is nothing short of scary. It’s really getting to the point where we can’t ignore the excessive price of gasoline. Before you could turn and cringe, … Continue reading “Best Gas Rewards Credit Cards – Earn 5-10% Cash Back!”
The Credit Score Black Market: Buying and Selling Trade Lines
You may have heard about companies that sell the credit history of others to consumers who have poor or limited credit. It’s referred to as “buying credit”, “renting credit”, or “adding seasoned tradelines”. These credit brokers target real estate professionals who desperately need to find qualified homebuyers, especially in today’s market where heightened credit standards … Continue reading “The Credit Score Black Market: Buying and Selling Trade Lines”
Your Credit Card Application Has Been Declined
“We regret to inform you that after careful consideration we are unable to open an account for you at this time.” Heard that before? If so, you may be feeling down on your luck or in a panic to get another form of credit elsewhere. But before you freak out, think about why the credit … Continue reading “Your Credit Card Application Has Been Declined”
New Bill May Block Credit Cards for Illegals
It was reported by the Wall Street Journal that Bank of America will begin offering credit cards without the need for a social security number or credit history. These credit cards are likely aimed at illegal immigrants, mainly Hispanics who lack citizenship, but whose population continues to grow exponentially in the United States. The terms … Continue reading “New Bill May Block Credit Cards for Illegals”