Credit Cards

Credit cards can be an extremely safe way to pay, just keep a few pointers in mind.

The sub-prime card offers the consumer with a poor credit history a chance to rebuild their credit while enjoying the benefits of using a credit card.

Bloomberg News reported last week that a pilot project is planned for smartphones to act as a form of payment, possibly paving the way to replace credit cards.

A balance transfer done right can save money in interest charges and help you to pay that credit card balance off more quickly.

The FTC warns consumers that companies sending out robocalls to lower your interest rate - for a fee - are oftentimes a scam.

The Fed's proposed rules would require issuers to re-evaluate the reasons for recent rate increases and reduce rates if appropriate, and restricts the cost of penalty fees for small-dollar violations in account terms. 

The bulk of new rules imposed by the Credit Card Accountability, Responsibility, and Discloser (CARD) Act of 2009 go into effect February 22, 2010.

Card issuers will be required to give consumers specific notifications regarding their credit card accounts after the new rules take effect February 22, 2010.

A detailed look at key changes starting February 22, 2010

The Federal Reserve Board on Tuesday approved final rules to amend the Truth in Lending Act regarding credit cards.