It's absolutely true that kids should learn about the mechanics of credit: How to use it responsibly and why it can get very expensive very quickly if you don't. But the idea that they need a card of their own to practice this is questionable, at best.
The past few years have been rough on real-estate values and employment figures, which translates to a third category that’s been trampled in the aftermath of the Great Recession: consumer credit scores. According to research from Credit Karma, the average credit score nationwide dropped to 665 this year compared with 2009, when the average was [...]
Here’s another indication of how, despite months of rolling out new credit card reform regulations, the current card landscape is a lot like the old one, just with a tweaked set of tricks and fees that obey the letter of the law while still milking consumers for revenues. One of the new laws puts a [...]
