Are Your Credit Card Terms and Rates Being Adjusted?

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If you aren’t sure, you might want to pay particularly close attention to any notices you have received recently or may receive in the future about your credit card accounts. According to this article on MSNBC.com, “Credit card companies are tweaking offers and terms in wake of the mortgage debacle”.

Curtis Arnold, the founder of CardRatings.com, is quoted several times in the article regarding changes in interest rates noticed by consumers. I’ve mentioned CardRatings.com before, but I want to give it a plug again because I have found it to provide me with the MOST helpful information about credit cards than any other source of information I have come across.

Since discovering CardRatings.com I’ve learned a number of ways to use credit cards for my benefit and how to save myself a considerable amount of money. If only things like this were taught to us BEFORE being hit with the onslaught of offers in the mail, in department stores, on college campuses, etc., huh? Have adult children or teens in high school that need an education in credit card management and finances? Send them to CardRatings.com, too.

You can find updated information about the best to the worst credit card offers and terms available. There is also a forum with a wealth of information posted by consumers about credit cards, credit/debt management, loan and money tips and more as well as the personal experiences of other consumers with particular credit card companies and banks. I’m sure you will find some very helpful information there to apply to your personal or business situation.

Have you received any of these notices yet? Good news or bad news for you? Are you aware of any other sources of helpful information for consumers about credit cards, credit/debt, etc. that you’d like to share?

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