Choosing the credit card with the right terms for your lifestyle can be complicated. Credit card offers and agreements are written in jargon terms which are unfamiliar to many consumers. It is important for consumers to understand these terms when selecting a credit card as they can impact expenses. Equally important is to manage and store your credit cards appropriately and safely.
Choosing and Using Credit Cards
Read these tips for choosing and using a credit card, and avoiding credit card debt.
Credit Card Debt Calculators
Access these credit card debt calculators to approximate how much you will pay in interest in addition to the original purchase price of the goods and services you charged on your credit card. These calculators also approximate how long it will take to pay off the current balance due on your credit card.
Find Your Credit Card Agreement
Use this search tool to find your credit card agreement and compare the terms with other credit cards.
New Rules Governing Credit Cards
Read through the key provisions of the Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009, which was signed into law by President Obama. The law affords consumers with sweeping protections from abusive credit card practices. The New York State Department of State Division of Consumer Protection was among the vocal advocates for reform.