Lenders continue to beef up introductory credit card offers
News from Debtmerica Relief:

In the last several months, many consumers, including those who have tried to reduce debt due to past financial problems, may have found themselves receiving a larger number of credit card offers.

The nation’s top credit card issuers are now aggressively broadening their lending standards in an effort to expand their customer base, according to a report from TIME Moneyland. And one of the primary ways they’re doing so is not by targeting those with troubled credit histories, but rather sending extremely valuable introductory offers to consumers with the best credit scores. And in the last few months, as lender competition for th…………… continues on Debtmerica Relief

… Read the full article
.

Related News:

Many consumers pay credit card debt instead of home loans
News from Debtmerica Relief:

While many consumers made efforts to reduce debt during and after the recent recession, some have been tempted to start borrowing on credit cards again, and experts believe this may be leading to significant financial difficulties for some.

The final quarter of 2011 saw an increase in the amount of credit risk consumers faced, and much of that was the result of borrowers falling behind on their mortgage payments, according to a report from Your Money Matters. Some experts believe this is a consequence of subprime borrowers once again having access to credit cards that they had been locked out of in the past, as lenders have made an effort to extend credit to riskier consumers once again.

As a result, many may see credit cards as something they cannot afford to miss out on again, and are therefore prioritizing their card payments ahead of their mortgages, the report said.

Consumers have generally been very good about making efforts to cut their credit card debt since the recession, and all of the nation’s top lenders have seen delinquencies and defaults plunge as a result.


…………… continues on Debtmerica Relief
… Read the full article


Master The Card: Say Goodbye to Credit Card Debt…Forever!
Credit card debt can drain the life out of you. It can weigh on your mind all day and keep you up at night. But it doesn’t have to…

Swipely Beefs Up Its Credit Card-Based Loyalty Programs

Posted by administrator | 27/03/12 | Tagged Credit Card

Swipely Beefs Up Its Credit Card-Based Loyalty Programs
News from Mashable:

Once a service for simply sharing purchases, Swipely is contining its evolution into a credit-card based loyalty program for small businesses with a set of new merchant tools it announced Tuesday.

The tools allow Swipely’s 350 merchants in Boston, San Francisco and New York to target their customers with deals based on recent purchase interactions with their small businesses. Merchants can, for instance, send a “we miss you” offer to customers who haven’t made purchases within a certain time period or a “thank you note” offer to those who have visited recently.

Using a new dashboard called the Main Street Marketing Manager, business owners can divide and target customers by metrics such as days since last visit, average purchase amount and whether or not they’re connected with the business on Twitter and Facebook.

Swipely argues its especially well positioned to deliver these metrics to small businesses because it bases loyalty programs on credit card history. Rather than burdening customers with separate cards or coupons that may not be forgotten at home, businesses that use Swipely encourage their customers to sign up for loyalty programs through a credit card they already use. They then receive rewards automatically as they spend…………… continues on Mashable

… Read the full article
.

Related News:


Swipely Beefs Up Its Credit Card-Based Loyalty Programs

Posted by administrator | 27/03/12 | Tagged Credit Card

Swipely Beefs Up Its Credit Card-Based Loyalty Programs
News from Mashable:

Once a service for simply sharing purchases, Swipely is contining its evolution into a credit-card based loyalty program for small businesses with a set of new merchant tools it announced Tuesday.

The tools allow Swipely’s 350 merchants in Boston, San Francisco and New York to target their customers with deals based on recent purchase interactions with their small businesses. Merchants can, for instance, send a “we miss you” offer to customers who haven’t made purchases within a certain time period or a “thank you note” offer to those who have visited recently.

Using a new dashboard called the Main Street Marketing Manager, business owners can divide and target customers by metrics such as days since last visit, average purchase amount and whether or not they’re connected with the business on Twitter and Facebook.

Swipely argues its especially well positioned to deliver these metrics to small businesses because it bases loyalty programs on credit card history. Rather than burdening customers with separate cards or coupons that may not be forgotten at home, businesses that use Swipely encourage their customers to sign up for loyalty programs through a credit card they already use. They then receive rewards automatically as they spend…………… continues on Mashable

… Read the full article
.

Related News:


Why Consumers are Choosing to Pay Credit Card Bills Before Mortgage
News from Fox Business:

Based on recent headlines warning about a jump in consumers’ credit card use, you might think we have completely forgotten the painful lessons of the recession and have relapsed to our spending spree roots.  Thankfully, you’d be wrong.  In fact, according to Charlie Wise, research director at credit reporting firm TransUnion, there’s been a radical shift in our society’s credit priorities.

At the end of last year, TransUnion’s Credit Risk Index (CRI), which measures the amount of credit risk consumers have taken on, registered an uptick for the first time since peaking in 2009.

According to Wise, mortgage delinquencies were a key factor for the rise.  The number of homeowners at least 60 days late in making their mortgage payment rose slightly in the second half of last year.  In addition, he says credit card issuers have returned to reaching out to non-prime consumers, offering to open new accounts, albeit at premium interest rates.  “That’s affecting the risk profile of the overall group.”  And, of course, we were in “holiday” mode, a time when folks traditionally ramp up their credit card use.

But Wise cautions that three months don’t make a trend.  What’s most significant is that when mortgage delinquencies began to skyrocket back in 2008, credit card delinquencies moved in the opposite direction.  “That’s the reverse of the traditional payment…………… continues on Fox Business

… Read the full article
.

Related News:

Pay taxes with credit card? Fees may eat rewards
News from USA TODAY:

Like extreme couponers who dive into dumpsters in search of newspaper circulars, credit card rewards chasers will go to great lengths to earn points. A $ 100 gas fill-up? Whoo-hoo, double points! An emergency appendectomy? Doctor, do you accept American Express?

Your Money

By Sandra Block

Damian Dovarganes, AP

Many consumers use credit cards to maximize the benefits of rewards.

The last few months have been particularly lucrative for rewards chasers. Credit card issuers have sweetened their offers, showering big spenders with airline miles and cash. Perhaps you’re wondering if the upcoming tax deadline presents an opportunity to add to your stash. The

… Read the full article


Amazon.com $ 50 Gift Card (0109)
Amazon.com Gift Cards are the perfect way to give them exactly what they’re hoping for–even if you don’t know what it is. Amazo…
© 2017. Credit Card Talk