If the only thing that matters to you when paying off debt is saving dollars and cents, the payment strategy that clearly makes the most financial sense is paying off your balance with the highest interest rate first. So try this method out and start watching your balances shrink!
Start out by doubling your monthly payments on the card with the highest APR while continuing to make the...
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Sep 08, 2011 | Five Credit Card Tips for College-Bound Millennials
It's that time of year again. A summer full of partying, baking in the sun, and maybe even a job (heaven forbid) is coming to a close for hundreds of thousands of college-bound Millennials. Retail companies love them... -
Sep 03, 2011 | Find the Best Credit Cards for Students with No Credit
Savvy college students understand that it's important to secure a credit card and begin establishing good credit while in college. But there are so many credit card offers from which to choose and most students... -
Aug 22, 2011 | ATM Cards vs. Debit Cards vs. Credit Cards
These 3 types of plastic may look alike, but they have very different uses. For example, ATM cards can generally only be used to withdraw cash from an ATM. Debit cards, on the other hand, double as both an ATM card and a way to make... -
Aug 17, 2011 | Know Your Credit Card Billing Cycle
It sounds obvious, but there are actually several reasons why you need to keep close tabs on your credit cards' billing cycles. The first one that should come to mind is you need to know when your billing cycle ends so you can be prepared to make... -
Aug 02, 2011 | CFPB Accepts Credit Card Complaints
Now that the Consumer Financial Protection Bureau is officially up and running, complaints about credit card companies will be collected by one single government agency. While complaints are limited to credit cards at this time, the CFPB does plan... -
Jul 18, 2011 | 5 Credit Tips for Teens
Who do you think is more likely to get into trouble using credit cards? A college freshman who was never exposed to credit his entire life, or a teenager who was added as an authorized user on his parent's card at 15 and taught how to responsibly use credit. Let'... -
Jul 10, 2011 | FTC and Fed Broaden Free Credit Score Rules
Consumers are now closer than ever to having the right to a free credit score. In fact, there's a good chance you'll receive free copies of your scores the next time you apply for any type of credit, including credit cards.... -
Jun 20, 2011 | What Happens to Charge Offs After Debts are Paid?
You finally paid off the collection agency that's been hounding you over an old debt for years, but what about the creditor that originally owned your account? What happens to the charge off they've been reporting on... -
Jun 14, 2011 | Common Credit Card Fees
All credit cards have fees. In fact, the key to becoming a savvy credit card user lies in understanding what they are and how to avoid them. To help get you started on the right path, here are the most common credit card fees every cardholder should know and understand.... -
Jun 08, 2011 | Using Debit Cards for Car Rentals Hurts Credit Scores
It's a little known fact that most car rental companies have a clause in their agreement that says they have the right to pull your credit reports if you use a debit card to rent a vehicle. What this means is that...
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