Connie Prater

Connie Prater

My official title is senior writer at CreditCards.com. In fact, I consider myself a savvy consumer, a mom, a penny-pincher/tightwad and an above average Scrabble player.

I have been a reporter and editor for print and online news organizations for more than 22 years. I was on the team of Miami Herald journalists that won the 1999 Pulitzer Prize for investigative reporting in a series of articles on voter fraud in the Miami city elections...

Full Bio


If you don't trust the banks, you can put your money under or into the mattress.
Classic holiday movie is worth watching for message about how banking and credit system works.
The Advertising Council and U.S. Treasury Department have launched a new campaign aimed at educating young adults about the need for good credit. The campaign features a new interactive game. Play it and tell us what you think.
No cable, no landline, no problem. No frills lifestyle isn't poverty, but frugality.
More than a third of Americans say they spent rebates paying down credit card debt.
The first mass mailing of credit cards was in September 1958. Have they been a blessing or a curse?
Paying with cash more painful than paying with credit cards, study says, in explaining why we spend more with plastic.
The best credit cards carry no annual fees or balance transfer fees and offer cash back incentives. The worst have hidden fees and have no grace period for making payments.
Winter heating season starts Oct. 1, but few are warming up to the idea of paying 20 percent to 30 percent more to heat their homes in the coming months.
I learned from early mistakes and will always remember garnishment as a lesson in money management.
He got credit card solicitations in both English and Spanish. Guess which ones offered the better deal?
Commonwealth Fund study says 21 million Americans turned to credit cards to pay medical bills and 28 million got debt collection calls about unpaid medical bills.
Will Barack Obama's vice presidential running mate support credit card industry reforms? Sen. Joe Biden of Delaware has been a long-time banking industry supporter.
National banking regulator asks the Fed to ease off of proposed credit card industry regulations. Will the Fed listen?
Shifting from fixed rate to variable rate terms will cost more, but users have 45 days to opt out of terms.
A new survey of African-Americans finds they trust the police and government more than credit card companies.
Wave of the future may come with privacy and security problems, consumer groups say.
Credit card spending at the heart of Ed McMahon's financial woes.
There's word from two different sources that many older Americans may be struggling under the weight of credit and debit card obligations. The Durham, N.C.,-based Center for Responsible Lending released a study today detailing how debit card use is the...
It's sad, but the Federal Trade Commission (FTC) is warning consumers about the potential for scam artists to solicit donations for recent tornado and flood victims. The scammers may call you pretending to work for a legitimate charitable organization, but...
Disclosure alone is not enough when it comes to today's complex credit card agreements. Federal Reserve Board Governor Randall Kroszner said as much and more during an eye-opening, frank speech today in Cleveland while addressing the Cleveland Community Development Policy Summit. The...
Two women who allegedly harassed Spanish-speaking consumers and tried to collect on debts that didn't exist have settled charges filed by the U.S. Federal Trade Commission (FTC). According to an FTC press release issued today, the women -- Maria Oceguera and her...
A new trend in hospital medical debt collection has consumer advocates worried about whether patients with huge medical bills will face more aggressive collection tactics from debt collectors. A Wall Street Journal article reports that more hospitals are auctioning off overdue medical accounts...
Get your papers in order for hurricane season. Knowing credit card account numbers and toll-free numbers for credit card issuers can save time and worry during a disaster.
Gas card giveaways, raffles and promotions are all the rage, but use those cards quickly.
Tired of getting hit with late fees for credit card payments that arrive hours after a 1 p.m. or noon payment deadline? Credit card issuers would no longer be able to set early morning or other seemingly arbitrary deadlines for...
Uncollectable credit card accounts slowly growing -- but are not at historic highs, new Federal Reserve data shows.
New rules would ban unfair and deceptive trade practices in credit card industry.
Make state lotteries offer savings programs and get children saving early to encourage thrift ethic, report says.
Unfair or deceptive trade practices cited in new proposed credit card banking rules.
Are the Fed's unfair and deceptive trade practices regulations too little, too late as one congresswoman suggests?
More people file for protection from consumer debts in 2007.
3 tips you must know about buying gas in this age of soaring oil prices

About

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.

Archives

Other Voices and Blogs

Useful Links

Subscribe to Taking Charge