What is the best way to raise your credit score when you don’t want to use your credit cards? A reader, Kate, left us a comment with this question:
There’s a new development taking place within credit unions that you may be hearing about very soon, particularly if you read your credit union’s financials. Actually, as I understand it, banks are going through the same thing, but I don’t know their specific details. I do know the credit unions’, though.
Delta is getting really big on promos. They have just release two new ones that my fellow reward aficianados might be interested in.
It is a rare day when credit card industry practices are the front page story of the day. As a consumer finance blogger, I have to say that I am immensely proud of President Obama for meeting with the credit card industry in an attempt to curb their abuses. It is truly unimaginable that our previous administration would have done that. With the President publicly backing the new bill of rights legislation, I now think it has a great chance of passing into law soon.
I don’t think I’ve really shared too much information about my family, other than to say that I wish they had provided me with a little more financial background. So, in order to understand the story I’m about to tell, I have to give you a little bit of background information. Exposition city, here I come!
Summary - This is the top of the line credit card for Continental Airlines frequent fliers. It offers all sorts of benefits not seen in Continental and Chase’s other offerings. While it’s target market is Continental’s best customers, this card may be of significant value to frequent travelers of other airlines who will soon count Continental as part of the Star Alliance.
We have a reader Lorraine, who asked this question:
Is it better to pay off dr bills that are in collections or credit accounts from
my credit report to get my score up?
I’ve been in banking for about six years now and I’ve seen and done a lot in that time. One thing I’ve never talked about on this site is the fact that I’ve worked at a bank where I was robbed…twice. So, I thought I’d share that experience with you guys. While both situations could have turned pretty dangerous in a hurry, they’re interesting stories to tell. So, here we go.
Obama Reafirms Support For Credit Card Bill Of Rights
Yesterday,the director of the White House National Economic Council, Lawrence Summers, went on the NBC Sunday morning talk show Meet The Press and confirmed the administration’s support of the proposed Credit Card Holder’s Bill Of Rights. Here is a Reuters article with all of the details. This should come as no surprise to anyone following this issue as Obama stated his support during the campaign. In fact, his campaign web site, which is still up says so here.