March 7, 2008 Archives


Spring break is a prime time for scam artists to prey on young adults looking for a good time. Read these tips to learn how to protect yourself and your credit card when making travel plans.

The latest Federal Reserve G.19 Consumer Credit Report shows that consumers accelerated their use of credit cards in January. Consumer use of revolving credit (which includes credit cards) surged at an annual rate of 7 percent during the first month of the year, up significantly from a 2.8 increase in December. That pushed the total amount of revolving credit to $947.4 billion. In December, total revolving credit stood at $941.8 billion.

Chase ends practice of raising interest rates based on credit scores of cardholders.

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