Tuesday, July 31, 2012

USAA best credit card issuer - worse SunTrust

As promised, the Consumer Financial Protection Bureau published its live database of credit card complaints registered with the bureau's toll free hotline and website. The raw data includes the name of the issuer, the broad topic for each complaint, and a flag indicating whether the credit card company resolved the complaint.

Monday, July 30, 2012

Ways to borrow money!

Borrowing money is always a last resort, but for anyone who's been in a pinch between paychecks, sometimes it's a necessary evil. But who or where you choose to borrow from can take your predicament from a temporary dollar dilemma to a long-term financial nightmare.

Friday, July 27, 2012

Credit card interest rates rise steady!

The national average annual percentage rate (APR) on new card offers climbed to 14.97 percent Wednesday -- the highest it's been since March. This is just the fourth time this year that average interest rates have spiked.

Changes by Chase and Capital One spurred the jump in rates. Chase raised the APR on two of its business credit cards -- the Chase Business Ink card and the Chase Ink Cash card. Both cards previously featured a flat APR of 10.24 percent. Applicants are now offered a 13.24 percent interest rate, which is a full 3 percentage points higher.