How Can I Shop Around For The Best Credit Card Rates?
How Can I Shop Around For The Best Credit Card Rates? Credit Cards by John Ulzheimer Share Share Email I got a great question from a consumer recently about rate shopping. The question was so relevant that it warrants a short blog on the topic. Here it is…
What happens to my credit if my credit card is lost or stolen?
What happens to my credit if my credit card is lost or stolen? Uncategorized by John Ulzheimer Share Share Email If your credit card has been lost or worse, stolen then the first thing you need to do is to call the credit card issuer. That stops any potential abuse of your card because the […]
Should I close credit card accounts?
Should I close credit card accounts? Credit Cards by John Ulzheimer Share Share Email It’s one of the most common myths related to credit scoring…close credit card accounts if you’re not using them because it will improve your scores. This is one of the fallacies of credit scores that many don’t understand. It may seem […]
Do I have to pay an incorrect credit card bill?
Do I have to pay an incorrect credit card bill? Credit Cards by John Ulzheimer Share Share Email Don’t ignore a transaction on your credit card statement that is incorrect or that you did not make. You are responsible for the transaction, unless you inform the credit card issuer otherwise and they credit your account. […]
How to Avoid Credit Card Fraud
How to Avoid Credit Card Fraud Credit Cards by David B. Coulter Share Share Email Most of us use our credit cards for everything from filling the car up with gas, to buying groceries, to making our charitable contributions and paying our bills. Credit cards provide a tremendous convenience by saving us time and making […]
FICO Study on Credit and Debit Card Fraud
FICO Study on Credit and Debit Card Fraud Credit Monitoring by John Ulzheimer Share Share Email FICO, the company that invented the credit score, recently conducted research on debit and credit card fraud in the U.S. The research was conducted from January 2010 to September 2011 and included hundreds of millions of active credit and […]
How Can I Avoid My Credit Card Being Closed?
How Can I Avoid My Credit Card Being Closed? Credit Cards by John Ulzheimer Share Share Email Don’t Not Use Your Card – Ok, the poor grammar was intentional and corny but I think I’ve made my point. Credit card issuers are in busy to make money and make a profit. They can’t do either […]
Are We Better Off With the CARD Act, or Not?
Are We Better Off With the CARD Act, or Not? Civil Penalty by John Ulzheimer Share Share Email Between 2007 and 2009 most of the large credit card issuers were changing the terms of some of their customer’s accounts. The reason they did so was because of a general lack of comfort for credit risk […]
Does transferring my credit card balance to a new credit card increase my credit scores?
Does transferring my credit card balance to a new credit card increase my credit scores? Credit Cards by John Ulzheimer Share Share Email Now that the holidays are over and the bills are coming in, you may be contemplating how to lower the amount of interest you pay on your credit cards and how to […]
What is the Catch to a No Interest Credit Card?
What is the Catch to a No Interest Credit Card? Uncategorized by John Ulzheimer Share Share Email Credit card issuers are sending out more credit card offers and a common offer is for the a no-interest credit card. The no interest period time frame is usually between 6 months and one year. Just because the […]