Credit Card Articles

Credit Cards: When More is Merrier

By:

Greg Mischio - MortgageLoan.com | April 03, 2008

At a time when consumers with credit problems have wreaked havoc on the mortgage industry, it's not surprising to find that many people carry more than one credit card. However, when you consider the advantages, having multiple charge cards makes sense.

Avoid Penalty Points for Missed Payments

By:

Greg Mischio - MortgageLoan.com | April 01, 2008

The fallout from delinquent subprime mortgages continues to illustrate how inter-connected our financial system truly is. Because of a penalty known as "universal default," a late payment on a mortgage can cause the interest rate on your credit card to rise.

Don't Count on Credit Cards for Relief

By:

Greg Mischio - MortgageLoan.com | March 07, 2008

Free market theorists believe that the fallout from the subprime crisis will result in a natural correction: People will curb their spending habits and save money until they're out of the red. But instead of saving, some homeowners are turning to credit cards for relief.

Tapping 401(k) with a Credit Card

By:

Catherine Brock - MortgageLoan.com | March 07, 2008

A financial services company offers an innovative program that streamlines the 401(k) loan, just in case you're hit with a financial emergency.

Bad Credit? Repair It With A Credit Card

By:

Greg Mischio - MortgageLoan.com | February 25, 2008

Do you have bad credit? Imagine that you're a baseball player up at bat. Bad credit is like having two strikes against you. However, you're not out just yet, and there are ways to improve your situation. Instead of swinging a Louisville Slugger, you're going to use a credit card to get yourself out of a jam.