Entries by Debtmerica

New credit card can help manage credit card debt

Over the past few years, many consumers across the country may have found that credit card debt can pile up in a hurry if they’re not careful with their finances and don’t pay attention to their spending. Fortunately for those consumers, there is a new credit card, which is offered jointly by MasterCard and Citi, […]

PayPal gaining ground on credit cards

Though the number of consumers who take on credit card debt to make online purchases is still significant, another payment system is gaining popularity. According to a new survey from market research firm Cardbeat, PayPal has grown in both market penetration – over three-quarters of respondents said they had an account – and popularity as […]

Minimum credit card payments coming soon to small businesses

In the next few months, many consumers could find that their local businesses have imposed minimum purchase amounts when they choose to pay with their credit card. According to a report from Cleveland television station WEWS, the latest credit card reform laws included a provision that will stop credit card lenders from preventing businesses setting […]

Age is a factor in credit card decision making

As consumers approach and then pass middle age, they are less likely to know how to deal with credit card debt, a study has found. According to a new study from Boston College’s Center for Retirement Research,consumers make the best decisions when it comes to paying off their credit card debt with a balance transfer […]