Term: CARD Act
3 found

How to Get a Credit Card If You Are a Student

By Steven Shaw on 12/5/2013

how to get a credit card if you are a student

Wanting or needing credit isn’t always as simple as filling out an application. Even college students, who have a lot of financial services marketed to them, may face obstacles when trying to get a credit card.

Why? A lot of it comes down to their credit history — or lack thereof. The length of your credit history has an impact on your credit scores — the longer your history of responsible credit usage, the better. Many 18-year-olds heading to college don’t have any credit history, which makes them an unknown to many lenders who may not be as willing to approve them for a credit card.

CARD Act of 2009
college students
Credit Card
student credit cards

Millennials Ignore Credit Cards. Should They?

By Steven Shaw on 6/20/2013

millennials ignore credit cards

More and more young people are opting for a cash lifestyle. By the end of 2012, 16% of Americans ages 18 to 29 didn’t use a single credit card, up from 8% in 2007, according to a study by credit score provider FICO.

CARD Act of 2009
Credit Card Debt
credit cards
establish credit

Did Your Credit Card APR Change? Don’t Freak Out

By Steven Shaw on 12/14/2012

Credit Card APR

The message on the notice from her credit card company read, “We are pleased to tell you that we have lowered the following Annual Percentage Rates (APRs) on your account. Purchases: Prime + 11.74%, currently 14.99%V.” Immediately, my colleague who received the notice assumed her card issuer was trying to pull a fast one on her, by changing her credit card rate from a fixed to variable rate.

While we have no idea when or how quickly rates will climb, cardholders can take advantage of today’s low rates to aggressively pay down debt so that, like my colleague, they don’t have to worry about the rate they’ll pay. After all, 0% is always a good deal!
Credit.com (http://s.tt/1wVKr)


Annual Percentage Rates (APRs)
credit cards
credit scores