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This week's top 12 credit card round-up
This week's round-up includes a list of reasons why debt and carbs are similar, an idiot's guide to loan and debt consolidation and a list of reasons why financing consumer spending can be a terrible idea. I hope you enjoy this collection of the best credit card-related posts from the blogosphere!
1) FICO's choice to continue the practice of piggybacking got Mrs. Micah thinking about credit and kids. In this post, she remembers what her parents did and didn't teach her about credit and money management. 2) In Debt Because I Like Nice Things discusses how after seven months of buckling down to pay off debt, she and her husband are experiencing debt burnout. 3) Flexo at Consumerism Commentary writes about self-limiting philosophies and beliefs, and how those affect whether you successfully reduce debt or not. 4) Pants in a Can writes about the realization that the cash you get for recycling bottles and cans is a better return than credit card rewards. 5) Ask Mr. Credit Card helps readers understand the benefits and uses of a secured credit card. 6) Cash Money Life has an interesting guest post about 10 ways debt and carbs are alike. Two of the ways: they both can be addicting and they both make you feel guilty. Not a feel-good post, but it's an interesting way to look at debt. 7) Money and Such lists five reasons why financing consumer spending can be a bad habit. 8) J.D. at Get Rich Slowly shows a reader comment about the growing pains of learning how to use a credit card for the first time. He then provides several tips for feeling more in control of your credit spending. 9) All Financial Matters explains that your credit card companies actually pay attention to what you buy, not just how much you spend. 10) Jeremy at Money Saving Guide has assembled an "idiot's guide" to loan and debt consolidation. 11) We Like Money wrote a primer on all the different types of credit cards that are available to you. Do you know the difference between a charge card, credit card, debit card, and secured card? 12) Five Cent Nickel features a guest post that explains what all the licenses, certifications, and registrations for financial planners mean. 2 Comment(s)Leave a comment |
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They're the pieces of plastic we love, and love to hate. Get the latest news, tips, research and more from the CreditCards.com staff.
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I have Capital One No Hassles card. Pay it off each month. It accumulates mileage nicely and have used the miles to take several trips, car rentals and hotel rooms. They sent me a balance transfer opportunity 0% for 18 months. The cust serv rep I spoke to said I could pay off the transfer incrementally and not be charged interest on my monthly charges on top of the transfer. Great! What they didn't say was all your payments go toward paying off the transfer FIRST and not your monthly balance, so you begin to accrue interest on your purchases. They totally misled me. I spoke with Temika at C.One and they refunded my last month's interest, but now I'm stuck paying of a $7K+ balance transfer. And there's not a darn thing they'll do to right their mistake. DON'T USE CAPITOL ONE! They're crooks.
Can you please bring me up to date on the co-branded/affinity card market? Who are the main issuers these days? Thank you so much for your time......