Credit Facts, News and Information

Consumers Can't Sue Credit Card Companies for Deceptive Language and Hidden FeesJD Supra (press release)The plaintiffs had hoped that the 1996 Credit Repair Organization Act, aimed at stopping deceptive credit card practices, would allow them to be heard in front of a jury. Not so, said the court—nothing in the act decisively prevents companies from [...]

Here are the average credit card rates from Bankrate’s weekly survey of large banks and thrifts. View full post on Bankrate.com: Today’s new stories Headlines

Bonus offers for new credit card customers have been getting more appealing. Should you bite? View full post on Bankrate.com: Today’s new stories Headlines

Interest rates on new credit card fell to their lowest levels since August 2011 this week, according to the CreditCards.com Weekly Credit Card Rate Report View full post on CreditCards.com News: Bad credit, credit repair

Cards Failed to Deliver the Advertised Minutes View full post on Federal Trade Commission (FTC) – Text of Press Releases

A father fraudulently opened a credit card in his son’s name and charged $5,000. Now he can’t pay more than the minimum. What are his son’s options? View full post on CreditCards.com News: Bad credit, credit repair

It seems smart to close a credit card account after paying it off. Here’s when it isn’t. View full post on Bankrate.com: Today’s new stories Headlines

Will it cost more to borrow on credit cards this year? Find out how rates are likely to behave. View full post on Bankrate.com: Today’s new stories Headlines

Before your father passes away, make sure to know his financial situation to avoid distress. View full post on Bankrate.com: Today’s new stories Headlines

This new form is issued to taxpayers who accepted merchant cards for payments. View full post on Bankrate.com: Today’s new stories Headlines