Personal Finance Advice and Commentary

Saturday, May 29, 2010 8:00 am
By Ellen Cannon · Bankrate.com

Two studies released in the past week or so paint different pictures about credit risk, lenders and consumers. A FICO survey done by the Professional Risk Managers’ International Association showed that 59 percent of lenders are still concerned about credit card delinquencies. A Moody’s study released this week found that credit card charge-offs were down

Tuesday, May 18, 2010 4:54 pm
By Ellen Cannon · Bankrate.com

Beginning June 1, the Travelocity Rewards American Express card, issued by Barclaycard US, will be open for business. We’ve already completed our credit card rewards survey — which will be published on June 7 — so this card won’t make it. But its features are worth pointing out. First, it has a $39 annual fee. If

Thursday, April 29, 2010 12:25 pm
By Ellen Cannon · Bankrate.com

Citi Cards and Citibank customers who choose paperless statements have a chance to win one of six $5,000 prizes by enrolling before July 10, 2010.

Tuesday, April 20, 2010 1:47 pm
By Ellen Cannon · Bankrate.com

According to radaronline.com, Lindsay Lohan has more than $600,000 in credit card debt at age 23. Let’s see, that’s more than $26,000 a year in debt for each year of her life.

Friday, April 02, 2010 2:22 pm
By Ellen Cannon · Bankrate.com

Several weeks ago my colleague Leslie McFadden wrote about small-business credit cards not being covered by the CARD Act. Yesterday Bank of America announced that it is going to extend some protections to its small-business credit card holders.