Credit Cards

Learn how to manage your credit cards, find the best credit card and tips on how to lower credit card interest rates.

Credit Score

Ever wonder why the credit score is so important and/or what factors cause the credit score to increase or decrease?  Below is everything you need to be aware of! 1.  What is a Credit Score? A credit score is a 3 digit number that will dictate what interest rate you will receive on a...
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Student Credit Card

Credit cards for young people: an extremely controversial issue.  Some say teens and college students should have credit cards, others say no way!  Here’s the real question:  Are those under age 21 financially responsible/informed enough to have credit cards?  There are valid points to both sides of the argument, to which HelpSaveMyDollars.com outlines below:...
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Credit CARD Act of 2009: Pros and Cons

The Credit CARD Act of 2009 went into effect on February 22nd and will affect anyone who uses credit cards.  HelpSaveMyDollars.com has summarized the entire law (click here to read the summary).  However, in this article, we outline the pros and cons of this new and unprecedented legislation.  Will the laws help consumers?  Is too much...
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How to Lower the Interest Rate on Your Credit Card

Interest rates on most credit cards are high enough!  But that doesn’t stop credit card companies from raising the interest rates on cards.  Many times companies will dramatically increase your interest rates (from 12% to 28%, for example).  Yes, it’s outrageous, but that’s what’s happening to millions of people across the country.  Imagine that...
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How to End the Credit Card Addiction

The credit card!  Who doesn’t like paying for things with a piece of plastic rather than having to sadly remove all of that cash from your wallet?  But credit cards could be a dangerous tool if not used properly (that’s partly why we’re in this economic mess!).  If the credit card bill is not...
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Using Credit Cards Abroad

For students in college who are thinking about “studying” (yeah right!) abroad, those students must also consider the cost involved.  What is the best way to pay for all of your day to day expenses while abroad?  Is it wise to carry tons of cash with you while you travel?  And what’s the deal...
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Why You Need Credit Cards

Credit cards have been receiving poor reputations over the years.  Most of us have or have had credit card debt.  In times of need, credit cards can be very helpful.  If you’re out of work and can’t pay your bills, using credit cards to survive may be your only option.  There are also times...
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The Tricks of Credit Card Companies

There is no doubt that times are tough and people are relying more and more on their credit cards to make ends meet.  After all, unemployment is at 10% and the Labor Department reports that 15.3 million Americans are out of work!  Due to the tough economic times, credit card companies are getting worried!  They’re...
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Credit CARD Act of 2009

Credit CARD Act of 2009

On May 22, 2009, President Obama signed the Credit Card Accountability Responsibility and Disclosure Act of 2009 into law.  This new and unprecedented legislation, which will officially go into effect on February 22, 2010, aims to help consumers.  Credit card companies have been essentially free to act unethically towards their customers and this new...
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