Tag Archives: credit cards

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App Helps Consumers Spot Suspicious Charges

The BillGuard app remains current by sourcing information from other users about merchants that have consistently been problematic

BillGuard can also make you aware of fees that you didn’t even realize you were…

By Sheiresa Ngo

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credit-card-use

Time Series Payment Data Now Part of Credit Reports

Changes are coming to your consumer credit report. The way the information on your…

By Sheiresa Ngo

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4 Interesting Credit Facts

Here are a few things you might not know about credit cards:
1. You can…

By Sheiresa Ngo

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credit-card-use

Personal Finance Word of the Day: Average Daily Balance

Your daily money bite

Word of the day: Average daily balance
The average daily balance is the average balance on…

By Sheiresa Ngo

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Personal Finance Word of the Day: Credit Utilization Ratio

Your daily money bite.

Word of the day: Credit utilization ratio
Creditors use a calculation called a credit utilization ratio,…

By Sheiresa Ngo

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A New FICO Scoring Model is Coming Your Way

The credit-scoring leader announces updates

FICO announced recently that the newest credit scoring model is coming soon. Known as FICO…

By Sheiresa Ngo

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The Anatomy of a Credit Card Payment [Infographic]

A step-by-step guide

Have you ever wondered exactly what happens when you swipe your credit card? Well, a…

By Sheiresa Ngo

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Majority Of Business Owners Not Concerned About Credit Card Security

Majority Of Business Owners Not Concerned About Credit Card Security [Study]

67% of business owners are not concerned about credit card security

Hackings at major companies such as Target and Neiman haven’t made business owners more concerned…

By C. Daniel Baker

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Tips for Keeping Shopping Under Control

Regain control over your cash

Close your wallet

By Sheiresa Ngo

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4 Reasons to Ditch Department Store Cards Right Now

Don’t let the promise of rewards points keep you in debt

Why department store cards are a dead end

By Patrice C. Washington

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ATM Keypad

ATM Fraud Explosion Might be Looming

Experts say fraudsters could be set to target ATMs

Skilled criminals are able to attach a skimmer to an ATM in less than a…

By Sheiresa Ngo

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The type of plastic you use matters

Don’t Make These Holiday Credit Mistakes

Don’t let these blunders ruin your holiday

Pay very close attention to the fine print and exercise self-control

By Sheiresa Ngo

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Financial expert Patrice C. Washington.

4 Ways to Build Credit Without Credit Cards

Take advantage of these practical strategies

Credit cards are not evil in and of themselves and really don’t have to be…

By Patrice C. Washington

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Majority Of Business Owners Not Concerned About Credit Card Security

Best Travel Credit Cards for 2013 Come in All Shapes and Sizes

Do you know what card is right for you?

Figuring out which card you need could save you hundreds — even thousands.

By Darren Sands

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Businesses Unite to Fight Credit card companies & High Swipe Fees

Should Your Business Add Credit Card Surcharges?

Tips to consider before charging your customers credit card surcharge fees

To surcharge or not to surcharge is a question merchants have to ask themselves

By C. Daniel Baker

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Tips for Using Lent to Recommit to Your Savings Goals

Keep money in your wallet this Lent

Use these tips to get ahead!

By Ashley R. Harris

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Majority Of Business Owners Not Concerned About Credit Card Security

Why Swiping Your Debit Card Has Increased Risk

Increased regulations aren't fool proof against fraudulent activity

Even with added security measures, using your debit card has serious risk.

By Darren Sands

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Credit card usage is on the rise, new data says.

Tips for Choosing the Right Credit Card for You

A little planning and research can go a long way

How do you tell what credit card is best for you?

By Jennifer Streaks

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Credit Card ‘Checkout Surcharge’ Enacted by Retailers

Before paying with a credit card, check to see if you're being charged extra

Forty states enact law allowing retailers to charge a fee if you use plastic

By Makkada B. Selah

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Living within your means is about budgeting your purchases, and having the courage to be honest about what you can and can't afford.

The Six-Word Phrase You Must Master to Improve Your Finances

To control your spending, instead of it controlling you, release the negativity and repeat after me: I cannot afford this right now.

Is gaining and keeping control over your financial health and resources a priority for you?…

By Alfred Edmond, Jr.

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Businesses Unite to Fight Credit card companies & High Swipe Fees

Report: Credit Card Debt, Late Payments On the Rise

Experts say there's no need to panic even though there's increase

What do the numbers say about the state of the economy?

By Ashley R. Harris

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He still rocks leisure suits and hates that "hippity hoppity" music. But you might want to listen to grandpa when it comes to handling money. (Image: ThinkStock)

“Now, Back In MY Day!” For New Wealth, Go Old School

The money rules followed by earlier generations may hold the keys to your financial freedom today.

You can call it old fashioned, but many of the rules previous generations followed when…

By Alfred Edmond, Jr.

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Credit Risk

Instant Gratification? Sure. But It’ll Cost You

If you're borrowing money on a credit card because you must have it NOW, at least know how much you're really paying.

If you knew the real price, you might think twice about paying it.

By Alfred Edmond, Jr.

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Credit Cards

Credit Cards: No Interest, No Problem?

Now that the economy appears to be on the rebound, what does that mean for the credit card industry?

Now that the economy appears to be on the rebound, what does that mean for…

By Ashley R. Harris

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Three Hidden Credit Card Perks You May Not Know About

When used correctly, credit cards can work in your favor

When used correctly, credit cards can work in your favor

By Sheiresa Ngo

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Should You Use Credit Cards for Everything? Yes and No.

Credit card usage doesn't have to be a gamble.

There are reasons why you should be careful with your credit card, but do they…

By Jennifer Streaks

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(Image: Thinkstock)

Ask the Money Coach: New Bank Fees Are Coming. Here’s What to Expect

Know how the new bank fees will affect your money

Money Coach Lynnette Khalfani-Cox tells you how the new bank fees will affect your money

By Lynnette Khalfani-Cox

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Ask the Money Coach: How Do Small Collection Accounts Impact Your Credit Score?

Pay your bills; protect your credit

Money Coach Lynnette Khalfani-Cox tells you how to protect your credit score

By Lynnette Khalfani-Cox

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Choose the Right Credit Card for Your Business

Here’s what you need to know before closing a deal on an account

The Wall Street Journal breaks down what you need to know when shopping for the…

By BlackEnterprise.com

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How To Get the Best Credit Card Deal

Five tips to help you narrow down your search and score the best credit card deal

Lynnette Khalfani-Cox gives five tips to help you narrow down your search and score the…

By Lynnette Khalfani-Cox

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What You Should Know About Credit Card Hardship Plans

Four years of careless spending led to $8,000 in credit card debt for Wilmington, Delaware,…

By Shandra Hill Smith

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Photo by Quantrell D. Colbert

How To Get A+ Credit

Follow these tips and get the best credit score you can

When Simone Griffin was young, she would watch her grandmother pay the bills on the…

By Tamara E. Holmes

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credit cards

Watch Out For Business Credit Cards

Don’t put your personal finances at risk

The Pew Charitable Trusts released a study showing that millions of individuals and small business…

By Sheiresa Ngo

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Lessons in Money Management from My Mom

Knowing how to handle money should start in the home from our first teachers

Saving for the future should start at childhood and that responsibility fall son our parents…

By Caroline Clarke

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What to Do If You’re Contacted about an Expired Debt

The wrong move could wreak havoc on your finances by having you pay for something you didn't have to

In part one of this article, we explained what the statute of limitations is and…

By Sheiresa Ngo

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4 Things You Might Not Know About Credit

Think you know everything about credit? You might be surprised by these overlooked options

How much do you know about credit? Below are four things you might not be…

By Sheiresa Ngo

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Middle age. In your 40s and 50s, retirement should be top of mind now more than ever. Make sure that you’re taking full advantage of your company’s retirement plan. Contribute at least enough to receive the full match. Also make sure that you haven’t underestimated your time horizon. You don’t want to run out of money too soon.

Smart Money Moves for Every Stage of Life

You're never too young to start planning for your financial future

No matter what stage of life you’re in, it’s never to early–or late–to begin managing…

By Sheiresa Ngo

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What You Should Know Before Settling Credit Card Debt

Be aware of risks before hiring a company to handle negotiations

Many consumers have come to see debt settlement as a quick fix when they’re in…

By Sheiresa Ngo

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Money Expert Q&A: When Stores Cancel Your Line of Credit

Answers for your personal financial-related questions and concerns

I got a letter in the mail that my credit card account for an electronics…

By Sheiresa Ngo

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Dealing With Debt: More Ways to Finance Your Education

Everything you need to know to tame your debt and keep it under control

More options for managing student loan debt.

By Renita Burns

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What You Should Know Before Settling Credit Card Debt

Be mindful of the pros and cons of consulting a service

If you’re up to your eyeballs in debt and can’t see the light at the…

By Sheiresa Ngo

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Get Ready for Changes to Your Debit Card

You can say buh-bye to those pesky overdraft fees, but you'll have to really watch your balance

As of July 1, new changes are coming to debit card overdraft fees. The Federal…

By Sheiresa Ngo

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Ask Your Advocate: Charge, Credit, Debit—What’s The Diff?

They're all plastic, but the features are not the same

I recently got an offer in the mail for a charge card. How is this…

By Sheiresa Ngo

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Protect Your Privacy

Once it's gone, it�s hard to get it back. Avoid these three common mistakes.

In this fast-paced, digital age, everyone is connected. Unfortunately, that makes it very easy for…

By Sheiresa Ngo

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Green Credit Cards

Is an environmentally conscious credit card right for you?

Everyone close to Chanté Evans, 30, knows
being “green” is a priority for her. Each year…

By Leslie E. Royal

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Credit Card Reform Starts Today

Consumers gain rights with new provisions

The landmark legislation that Obama signed in the spring of 2009 that was designed to…

By Renita Burns

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Get Ready For The New Credit Card Rules

Excellent advice from the National Foundation for Credit Counseling

The clock is ticking toward implementation of the Credit Card Accountability Responsibility and Disclosure Act…

By BLACK ENTERPRISE

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Help! My Dad Has a Credit Card in My Name

What to do when a family member steals your identity

When “Jonathan” was 14-years-old, his Dad opened a few credit cards and acquired a few…

By Renita Burns

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Say Buh-Bye to Your Bank?

Why you might want to join a credit union

If you’re thinking about giving your bank the old heave-ho, joining a credit union may…

By Renita Burns

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The Homebuyer’s Toolkit: How Your Credit Score Adds Up

Understanding and protecting your credit score is an important key to homeownership

Do you request your credit report every year? Admittedly, I have to say I don’t.…

By LaToya M. Smith

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Yeah, I Got It On Layaway. What About It?

I applaud the return of installment payments as a shopping option. There's just this one thing.

The buy-now, pay-later mentality of credit cards has been a major factor in reckless and…

By Alfred Edmond, Jr.

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Let’s Talk Money

Social networking sites focus on personal, business finances

For those too terrified to look at retirement accounts, a group of chatty (and free)…

By Sandra Beckwith

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News Roundup

Blacks have higher prevalence of obesity; credit card use declining; racial achievement gap persists

News Roundup

By BlackEnterprise.com

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The Credit Card Fee Hustle

Minimum purchases on credit cards are a violation

It’s a shared feeling among many debit and credit cardholders. You head to the local…

By Renita Burns

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House Passes Credit Card Bill of Rights

Votes to limit fees, interest rates

The U.S. House of Representatives today passed H.R. 637, the Credit Card Bill of Rights,…

By Joyce Jones

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Obama on the Record: Credit Cards

THE PRESIDENT: Well, I just had a constructive meeting with the heads of many…

By BlackEnterprise.com

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Day 94

Obama stirred controversy when he told credit card company executives that there is a lack…

By Deborah Creighton Skinner

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Credit Card Principles

President Obama met with representatives from the credit card industry this afternoon to discuss the…

By BlackEnterprise.com

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Obama’s Meeting with Representatives of the Credit Card Industry

Today, the President will meet with the representatives of the credit card industry in…

By BlackEnterprise.com

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Say No to Overdraft Fees

10 Days Left to Tell Fed to Say No to Banks

Ever had to pay an additional $30 for a $5 hamburger or a $15 meal?…

By Renita Burns

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Who Benefits Most From New FICO Scoring Method?

Modifications could be a plus for some, big minus for others

After years of tweaking, Fair Isaac Corp. finally rolled out its revamped FICO score method.…

By Renita Burns

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Credit Cardholders’ Bill May Lighten Load for Businesses

Plan would prohibit some acts by credit card issuers

As House Speaker Nancy Pelosi and others are calling for the enactment of a second…

By Tamara E. Holmes

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Risky Solutions to Debt Elimination

Taking shortcuts can lead to compounding woes

Desperate for alternative ways to pay down debt, many people rely on quick-fix solutions that…

By Zakiyyah El-Amin

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Perfect Score

Taking The Mystery Out Of Building A-1 Credit

Like many, Lisa Ndiaye filled out an application for her first Visa credit card in…

By Sakina P. Spruell

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Debit Or Credit?

Knowing the benefits of each card can help you manage money better

When Morgan Robinson began working for SmithKline as a teenager in 1999, she opened a…

By Naeemah Khabir

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