Seniors and Credit Cards: An Escalating Problem?

Everyone jokes about having "senior moments." But being forgetful, or becoming confused, is simply a part of growing older. Unfortunately, there are a growing number of aging Americans having "senior moments" when it comes to their use of credit cards.

Student Credit Cards

The market is quick to adapt when a product doesn't quite work for a demographic. For example, putting traditional credit cards in the hands of college students has resulted in sky-high debt and fuming parents. In response, credit card companies have introduced student credit cards.

Credit Cards: Know Your Rights

Fans of any police drama on TV are quite aware of their Miranda rights: "You have the right to remain silent…etc." When it comes to your credit card, you also have rights. They can be extremely useful in the event of disputed or unauthorized charges.

Make Sense of Your Credit Card Statement

If there was a contest for cramming information onto a sheet of paper, credit card companies would win the grand prize, hands-down. A typical credit card statement is loaded with information that consumers barely look at. It's in their best interests, however, to understand what all that data means.

Credit Cards Take a Subprime Hit

As home equity loans become harder to get during the subprime mortgage crisis, credit card rules are also tightening. Consumers need to find alternative ways to consolidate debts and manage their finances during this stormy economic period.