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Carrying balances from month to month is a popular habit of the vast majority of U.S. borrowers. A few months ago, one could afford carrying around a big credit card balance. But now that U.S. economy is in recession, this habit can be really dangerous for your current financial well-being. Major lending institutions take actions [...]

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Some say students make credit card deals only to end up in financial troubles. Well, sometime ago, when there was no credit education provided, students were really characterized as big and careless spenders. But it is hard and perhaps unfair to criticize them as student credit products were simply irresistible for their luring terms and [...]

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