Author: LowCards.com

Micropayments: A Faster Way to Pay Off Credit Card Debt

LowCards.com on April 28, 2010

Paying more than the minimum is the key to paying off any debt faster. But if you’re having trouble coming up with extra money, making smaller, more frequent payments… known as micropayments… may be your answer.

Traveling Overseas? Pack the Proper Plastic

LowCards.com on April 21, 2010

When it comes to fees, there are some cards you’d really rather leave home without. Here’s a look at some of the best… and worst… cards for international travel.

Clearer Disclosures for “Free Credit Reports” Take Effect Friday

LowCards.com on March 31, 2010

New disclosures required by the FTC must be included in “free credit report” ads beginning Friday, aiming to clear up any confusion about where you can actually get a free credit report.

Credit Card Usage Continues to Decline

LowCards.com on March 11, 2010

According to the Federal Reserve, consumer borrowing rose to $2.456 trillion in January. But what’s surprising is that this increase occurred despite another drop in credit card loans.

New Credit Card Statements Could Help Consumers Decrease Debt

LowCards.com on March 4, 2010

The new credit cards statements can help you pay off your credit card debt faster by showing you how long it will take and how much extra interest you’ll pay if you only send in the minimum.

Before The Credit CARD Act, A Pound of Flesh

LowCards.com on February 25, 2010

No, it wasn’t your imagination. Your bank probably did raise rates and fees prior to submitting to the consumer protections enacted by the new law that went into force on February 22, 2010. And when you see the details, your blood will boil. Especially in light of the fact that taxpayers bailed out some of the same institutions now sticking it their customers.

No More Extra Credit on Campus

LowCards.com on February 23, 2010

The Credit CARD Act is now in effect and one of the major provisions is a restriction on credit cards to those under 21. What’s a student to do? Here are some ideas.

The “Other” Provisions of the Credit CARD Act

LowCards.com on February 11, 2010

Most of the attention from the bill has been given to the restrictions on interest rate increases and over the limit fees. However, there are many other lesser-known regulations in the Act that could have far-reaching ramifications for consumers.