Consumer Credit Counseling: NFCC shows key data in its survey report.

In ‘the 2013 Consumer Financial Literacy Survey’ report, both the National Foundation for Credit Counseling (NFCC) and the Network Branded Prepaid Card Association (NBPCA) have revealed some very interesting and insightful consumer data. The survey was conducted by market research firm, Harris Interactive Inc. along with Public Relations Research, in which around 2,037 adults aged […]

Financial News: Credit Cards for Stay-at-Home Spouses

If you are a stay-at-home spouse or partner, the Consumer Financial Protection Bureau has revised a regulation that should soon make it easier for you to acquire a credit card. If you do not work and are at least 21 years old, you are now permitted to apply for a line of credit based on […]

Sequester and FAA Furloughs, Oh My!

Using a number of patchwork solutions, proposition band-aids, and misaligned bi-partisan agreements the United States Government is still functioning. Through the tumultuous first two quarters of this year, America has seen a lot of financial turbulence while the financial markets try to make the most of a bad situation. Enter health care benefit changes and […]

Introducing Our FAQ Section

You had questions. You told us, we listened. As we all navigate the financial world of 2013 we will surely have a ton of questions, concerns, issues or things that make us say, “what?” Introducing our very own FAQ section. In this area of Best Credit Cards for Building Credit, you will find answers to […]

Pros and cons of credit consolidation loans – Know the consequences before deciding

Debt consolidation occurs when a debtor who owes an amount that is more than $10,000 chooses to roll or combine a number of short term unsecured debt obligations into a single master loan. Taking out a debt consolidation loan is not a matter of joke as there are certain considerations that you need to take […]

Fiscal Cliff of 2012

Fiscal Cliffs and National Woes There is a lot of debate about the best course of action for the nation as a whole and just how the government should address the financial concerns of it’s people. Should the government extend tax cuts for the top 2% of the nation to keep this valuable revenue stream? […]

Walmart and American Express join forces over Prepaid Debit Card

Introducing the Bluebird Prepaid Card Starting next week, the public will be able to get there hands on a new offering in the world of prepaid debit cards. The Bluebird (no relation to the Twitter bird mind you), will be available at big retailer Wal-Mart with a nominal $2 fee for ATM withdraws. According to […]

What to do BEFORE your Credit Card Application is Denied.

“I’m about to apply for a credit card, what should I do first?” As posted in the previous post on Best Credit Cards to rebuild Credit, What to do if you’ve been denied by a Credit Card Company, about 15% of all credit card applications are denied or otherwise rejected. What this also means is […]

What to do if you’ve been denied by a Credit Card Company

“My credit card application was rejected! Why and what do I do now!?” Have you recently applied for a credit card only to have your credit card application rejected? Honestly, don’t get yourself down or think you are ‘unworthy’ of credit. According to The Nilson Report on credit card usage and household debt of 2008 […]

Military Lines of Credit: You and Your Money

If you have spent any time in the military or know someone who has, you may be familiar with something called the UCMJ. The acronym UCMJ stands for the Uniform Code of Military Justice. The UCMJ is a body of regulations that augment or otherwise, supersedes the standard letter of the law. Even so, these […]