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PayPass Rules

The bandwagon for making "tap 'n go" payments with your credit card is growing day-by-day worldwide. For example, the number of "MasterCard PayPass"-enabled cards and devices has soared by 62% over the past year after more than doubling in 2007. more


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Credibility Gap

A new survey reveals that 58% of Americans would not believe a statement by someone who works for a top financial institution and insurance company. Only 25% of U.S. consumers say banks are honest and trustworthy while 14% say the same of accounting ... more

Current Pricing

Jun 09 Dec 08 Jun 08
Super-Prime: 7.42% 9.09% 9.98%
Prime: 11.99% 13.41% 14.25%
Sub-Prime: 18.88% 19.53% 21.57%
Promotional: 1.29% 1.65% 2.40%
Punitive: 27.87% 29.13% 30.01%
Note: Average Rates based on FICO Credit Scores.
Super-Prime = 760-850; Prime = 660-759; Sub-Prime = 500-659.
Source: CardTrak.com

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Consumer Questions Answered…

Is there a secured card that converts to a regular credit card after paying on time for a year?
This will require some leg or "finger" work. There are only a few issuers offering secured cards compared to regular cards. more

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5% Cashback Bonus at Origins Details

CardTrak Poll

Have interest rates on any of your credit cards been jacked up in the past sixty days for no apparent reason?