Credit Card Report
Financial News Made Easy

The Federal Reserve Board has limited the amount of money U.S. banks can charge customers who do not pay on time.

The Credit Card Accountability Responsibility and Disclosure Act (CARD) is a credit cardholders’ Bill of Right that prohibits various tricks and traps until now used by the credit card industry — including hidden interest rate hikes and exorbitant fees. [video]

Closing millions of accounts, cutting credit lines and raising interest rates are just some of the moves credit card issuers are using to try to inoculate themselves from a tsunami of expected consumer defaults.

The bill would make it a lot easier for the humble consumer to get a fair deal from the credit card companies. It would eliminate a variety of tricks and traps of the credit card business, like retroactive interest rate hikes.

8 things you should do to protect your credit cards from fraudulent use.

There are actually cases when consumers find errors or unknown charges on their credit card bill. Because of lack of information, most of them fail to address these errors successfully. In order to avoid this situation, you should consider doing the following…

Cutting back on your credit card spending habits is easy — and beneficial, whether in times of economic stress or abundance.

See a credit card offer that looks good? Here’s what you should know about credit card interest rates.

It is not surprising that millions of Americans are having problems with their credit card debts. If you are among these unfortunate individuals, then you should really stop berating yourself for getting into this kind of financial situation and focus instead on finding a solution to your credit card woes. One of the things you [...]