Credit CARD Act and Its Affect on College Students

According to a 2009 study by Sallie Mae, the average credit card balance for college students was $3,173.

Only 15% of college freshman surveyed had a zero balance.

Of overall students, 82% carried a balance and had monthly interest charges.  The Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009 put new rules in place to help consumers better understand their credit cards and cut down on unfair practices from credit card companies.  Of those rules, there are some that college students should be especially aware of.
Continue Reading

ZYNC Card From American Express – Review

Zync Card from American Express

Zync Card from American ExpressHave you seen the commercials for the ZYNC Card from American Express?

I’ve got to say, I was curious about the card when I heard about how you can tailor the card to fit your lifestyle.  As an American Express card user, and fan, I had to look into the Zync card further.

Here’s what I found out about the ZYNC Card: Continue Reading

Schumer Box And Credit Card Offers

Ever hear of the Schumer Box? It’s actually an important piece of information that you will find in a credit card application and something you need to be aware of when considering a credit card.
Continue Reading

My First Credit Card – And The High It Gave Me

It’s been many moons but I remember my first credit card. It was a retail card for A&S (remember that store?).  I forget what I was buying (a sweater maybe?) but there was a discount offered if you signed up for their card.  “What they hey,” I thought.  Why not sign up and see what happens?  So I did.  And a few minutes later I was the proud owner of a new credit card!  Ahh, memories.
Continue Reading

More 0 Percent APR Credit Card Offers Expected

SmartMoney is reporting that we should expect to see more 0% APR credit card offers available for those who have credit scores of 720 and above. Balance transfer offers are also on the rise.

It wasn’t long ago that credit card companies cut out 0% APR offers and balance transfers since those with better credit tended to also be less profitable as they usually paid off their balances.  According to the SmartMoney article, credit card issuers are hoping that the more credit-worthy will spend with their new cards and keep a balance beyond their introductory offers.

Here is what we can expect from these new credit card offers (from SmartMoney);

Continue Reading

Where To Find Cheap Fun Family Activities – 6 Places

Ask anyone with kids and they will tell you – going out with the family can be expensive! Think about it – every activity you might do yourself is multiplied by the number of people in your family.  Going to the zoo by yourself could cost you $10, for example, but for a family of five that could be $50 just to walk in.

But there are ways to find cheap, fun family activities!  Here are six places to look:

Continue Reading