February 2010

What’s My Credit Score?

February 28, 2010
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“What’s my credit score? Where can I find it? How is it calculated?” Your credit score determines your eligibility for credit cards, home loans, car loans, student loans, apartment rentals and even certain job positions. It can mean the difference between a reasonable or exorbitant interest rate, and the difference between an affordable or excruciating [...]

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PenFed reduces reward rates on Platinum CashBack Rewards

February 27, 2010

Still one of the best rewards cards. Despite dropping the base rewards rate from 1.25% to 1.00% this week, the Pentagon Federal Union – PenFed Cashback Rewards card remains one of the best cash rewards cards out there for people with excellent credit. 5% on gas, Visa network acceptance, no annual fee. What makes the card [...]

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The CARD Act: Numerous APR hikes as phase 2 takes effect

February 23, 2010

Phase two of the CARD act has driven numerous revisions to APR’s and card offers. First National Omaha Bank, Heartland Bank, and KeyBank raised APR’s across the board. Citibank raised APR’s on most airline and retailer cards. What does this mean for you? If you carry a balance, many of the 7.99% APR rates from [...]

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The CARD Act: What do the new regulations mean for you?

February 22, 2010

Limited interest rates hikes. 45 day advanced notification for most fee changes. No interest rate increases for the first 12 months of holding an account. These are just a few of the new changes to the card industry.  In short, The Credit Card Accountability, Responsibility and Disclosure Act of 2009 (the Credit CARD Act), which [...]

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Wells Fargo raises APRs across the board, College cards especially hard hit.

February 22, 2010

Wells Fargo has raised APRs across the board. The biggest increases are on College Visa and CashBack College Visa, ahead of the new CARD law requiring credit card applicants under the age of 21 to co-sign with a legal guardian. Minimum APRs on the Wells Fargo College Visa card  and Cash Back College Visa card [...]

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Chase Shuffles Card Portfolio

February 17, 2010

Update Feb 23, 2010: Chase further cut back its portfolio, removing the Pier1 Rewards Master Card, TJX Rewards, Sony Card, Subaru Card (which had 3% rewards), Honda Card, Classic Industries (now offered thru UMB), Marathon Oil (which had 5% back at Marathon stations), Continental Airlines Presidential World Plus, United Mileage Plus Club, United Mileage Plus [...]

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NerdWallet Adds Over 80 New Cards, Best & Worst Additions

February 2, 2010

In our continuing quest to index and categorize every credit card available in the United States, we have added cards from Barclays, Simmons First, PenFed, First National Bank of Omaha, Amalgamated Bank of Chicago, First Command Bank, and Heartland Bank. We hope your card selection process benefits from the breadth of our card offerings. Out [...]

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