Generally, iInterest rates continue to tumble for the U.S. Treasury, companies and home buyers alike. But for a large portion of 381 million U.S. credit card accounts, borrowing rates have been moving only one way: up.

And average rates are likely to climb further in the near future.

[Click here to check current credit card offers, including rates and terms.]
continue

IT’S one of the toughest lessons an investor has to learn: while the value of assets can plummet posthaste, it takes forever to shrink the debt that was used to buy them.

Last week, this harsh truth was made clear yet again, in a report on consumers’ financial well-being by the Federal Reserve Bank of New York. The first of a Fed series to be published quarterly on household debt and credit, the 38-page report shows just how tapped out the consumer remains three years after the borrowing bubble burst.
continue

We share our top eight tips for clearing your credit card borrowing quickly and efficiently, so that you’ll have one less debt to worry about.

Though credit cards can be an extremely useful source of credit when you need it, if you don’t use them carefully interest can grow on your balance at a dizzying rate. Soon what started out as a relatively small balance can become an amount that’s difficult to pay off.
continue

Really? Can credit cards be a good thing? Spending more than you should on plastic is easy to do but credit cards aren’t all bad if used properly. Why do I say that?
continue

How smart credit card “stoozing” can give you an awareness cost-free indicates of repaying your debts.

The art of the “stoozing” is to play credit cards to ensure that they perform in such a way that it may be financially effective for you.
continue