What is the Catch to a No Interest Credit Card?

What is the Catch to a No Interest Credit Card? Uncategorized by John Ulzheimer Share Share Email Credit card issuers are sending out more credit card offers and a common offer is for the a no-interest credit card. The no interest period time frame is usually between 6 months and one year. Just because the […]

What Credit Card Balance Will Show Up On My Credit Report?

What Credit Card Balance Will Show Up On My Credit Report? Credit Cards by John Ulzheimer Share Share Email Q: John, I was reading a couple of your articles and I have a question.I just opened a credit card with a pretty low credit limit, $2,000.  I know I need low credit card utilization or […]

Why Doesn’t My Credit Card Ever Show a Zero Balance On My Credit Reports?

Why Doesn’t My Credit Card Ever Show a Zero Balance On My Credit Reports? Credit Cards by John Ulzheimer Share Share Email This is one of the most frequently asked questions and one of the most misunderstood aspects of credit reports and credit card bills.  To understand why your credit card balance never shows as […]

Credit Card Issuers Using Questionable Legal Tactics to Collect Credit Card Debt

Credit Card Issuers Using Questionable Legal Tactics to Collect Credit Card Debt Civil Penalty by John Ulzheimer Share Share Email It was recently reported by the New York Times that various credit card companies are using nefarious tactics to recoup money lost to defaulted credit card balances, including falsifying documents and using incomplete records and […]

Should I get my tax refund on a prepaid debit card?

Should I get my tax refund on a prepaid debit card? Credit Cards by John Ulzheimer Share Share Email For those of you fortunate enough to actually get money BACK from the government this year, you’ve got some choices to make. Primarily, you’re going to have to decide how you want to receive your money. […]

Should I Stop Paying My Credit Card Bills By Their Due Date?

Should I Stop Paying My Credit Card Bills By Their Due Date? Auto Loans by John Ulzheimer Share Share Email Today is April 1st and if you’re like me then you’re trying to avoid being the victim of a good April Fool’s Day joke.  In addition to being April Fool’s Day, today is also the […]

Does Opting Out of Credit Card Offers Really Increase My Credit Score 10-20 Points?

Does Opting Out of Credit Card Offers Really Increase My Credit Score 10-20 Points? Credit Cards by John Ulzheimer Share Share Email I’m writing this blog as quickly as I can. In the past 30 minutes I’ve gotten two questions from two completely different people asking me the exact same question, almost verbatim.  That means […]

Did Your Credit Card Issuer Close Your Account?

Did Your Credit Card Issuer Close Your Account? Credit Cards by John Ulzheimer Share Share Email “We are writing to advise you about a change being made to your account.”  This prologue is a part of letters being sent to millions of U.S consumers and sets an ominous tone for the remainder of the communication.  […]

Should I Take Advantage of A Credit Card Payment Holiday?

Should I Take Advantage of A Credit Card Payment Holiday? Credit Cards by John Ulzheimer Share Share Email Simply put, a payment holiday lets you skip a payment. It is usually offered by your credit card company in December and is a marketing gimic to gain loyalty and income for the financial institution.  One way […]