Much of the language used to describe the terms and conditions of a credit card agreement is obtuse, legal mumbo-jumbo for many consumers. Critics complain that most are written at a 12th grade reading level, making it difficult for some consumers to fully understand what they’re agreeing to. With one of the goals of the newly established Consumer Financial Protection Bureau to make using credit cards easier for consumers, the agency has designed a new prototype agreement written in plain English that they hope will simplify the application process and eliminate all the confusion. Read More →

We’re proud to offer a wide selection of low rate credit cards at ASAPCreditCard.com, but it’s difficult for us to list them all. Many of the best offers come from small regional banks and credit unions, and since they often have residency restrictions, we avoid displaying them on our website. But I wanted to share a complete list of the lowest rates from around the country to put things in perspective. These offers provide an excellent way to save on interest charges, but may lack competitive
rewards programs. Several are offered here on ASAP. Read More →

When the Credit Card Accountability, Responsibility, and Disclosure Act (CARD Act) took effect in February of 2010, many assumed that consumers would benefit from the proposed changes. Congress concluded that certain practices in the credit card industry were not fair or transparent enough and caused consumers unexpected financial hardship. While consumer advocates applauded the changes, according to a recent American Marketing Association Journal study, the CARD Act may be having some negative results. The intent of the legislation was to spur better financial decisions by consumers, but this isn’t reflected in the report. Read More →