Category: Credit Card

Paying College Tuition Using a Credit Card

Paying College Tuition Using a Credit Card

Paying for college can be more complicated than just having the money.  Parents and students need to learn how to navigate the process of paying the bill itself.  According to a 2016 Sallie Mae survey, “2 percent of families put an average of $4,443 in college costs, including nontuition expenses, on credit cards.” (1)  It […]

August 30, 2016 | By More
EMV: Chip and Pin Credit Card Facts to Know

EMV: Chip and Pin Credit Card Facts to Know

Have you updated your credit card to the new chip-based card?  Did you receive a new credit card from your issuer utilizing the new EMV technology?  According to some reports, about 70 percent of U.S. credit card holders have a chip card.   However, it’s interesting to read the various newsfeeds and articles talking about this […]

May 3, 2016 | By More
College Student Strategies for Using a Credit Card

College Student Strategies for Using a Credit Card

In today’s Post, we wanted to briefly visit the conversation of credit cards for college students.  Out the gate, the thought of dealing with credit card management while a student may seem a circumstance to avoid.  However, let me share two thoughts regarding the value of credit card use in college when used judiciously and […]

March 1, 2016 | By More
Credit Cards: How to Be Organized and Avoid Fees

Credit Cards: How to Be Organized and Avoid Fees

Like it or not, credit cards are a part of our money life.  There has been discussion that some college students and working millennials may steer away from using credit cards in favor of debit cards.  However, a credit card can be a useful tool in developing a credit history.  But, and we mean a […]

January 14, 2016 | By More
Common Credit Card Myths to Avoid

Common Credit Card Myths to Avoid

We have talked before about how credit cards are such an integral part of our consumerism culture.  In fact, I’ve talked about how I use a credit card like my checkbook.  But, let’s be honest here, some consumers are staying away from the use of credit, namely millennials.  Today, we want to provide some article […]

June 15, 2015 | By More
Why Are Millennials Not Using Credit Cards?

Why Are Millennials Not Using Credit Cards?

Last year, I had a conversation with one of my financial literacy colleagues who is a professor at a local college in DuPage County, Illinois.  I recall her telling me that many of the millennial generation don’t use credit credits.  In lieu, they are more inclined to use debit cards. Recently, we had an article […]

May 4, 2015 | By More
Rules on Credit Cards to Keep You Safe

Rules on Credit Cards to Keep You Safe

Credit cards are an integral part of our money culture.  What is important for you as a money smart consumer is making certain you understand the rules on their use to keep your bottom line safe. We noticed an article in our news feed from Robert Harrow at the Huffington Post referencing four specific rights […]

April 16, 2015 | By More
Credit Card Debt of American Families: January 2015

Credit Card Debt of American Families: January 2015

Debt seems to be a part of the American lifestyle.  In fact, our Wall Street Journal article share states that, “The amount of average credit card debt has been steadily increasing over the long term.”   For your information, we have highlighted the status of credit card debt as of January 2015 for consumers. √  According […]

March 11, 2015 | By More
Credit Cards: Tips to Avoid Holiday Debt

Credit Cards: Tips to Avoid Holiday Debt

With the holiday shopping building momentum, you may be tempted by what appears to be a great deal.  To be specific, a great deal when you agree to open a retail credit card at the checkout register.  But, there are some sensible best practices you can follow to avoid holiday debt when leveraging retail credit […]

December 8, 2014 | By More
EMV Credit Cards and the Consumer

EMV Credit Cards and the Consumer

In light of many news headlines in 2014 related to credit card fraud and data hacking, here is a news item of which you should be aware.  Have you heard of EMV (abbreviation stands for “Europay, MasterCard and Visa”) credit cards?  It’s a conversation we thought would be helpful to address.  Below are a few […]

November 13, 2014 | By More