Credit Cards Plus

You’ve probably heard that you can save money on credit card interest payments if you pay off your balance in full every month. You’ve also probably heard the term “interest free days” thrown around in relation to this. But what exactly does that mean? How does paying your balance in full monthly actually save you money? And is this a feature all credit cards offer?

Let’s take a deeper look at interest free days and their availability to cardholders like you.

What are Interest Free Days?

Interest free days are days where you can have a balance on your credit card account without being charged interest. For examp

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On-camera judges preside over some of the wackiest money battles. In their distinctly individual styles, each ferrets out the facts and rules on which party needs to assume financial liability. CreditCards.com talked to three of the top celebrity gavel-wielders, who reveal their most unforgettable credit and debt cases — and give some free legal advice to boot.

Judge David Young On the Judge David Young Show, which ran from 2007 to 2009, Judge David presided over his small claims courtroom with song and a campy sense of humor. But the financial case he recalls most vividly preceded the show, and is quite serious. It concerns a woman who was a trusted bookkeeper for more than 20 years in a family-run business.

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If you’re looking for a great savings interest rate, you might consider opening an account with I & M Tanners Creek Employees Credit Union. The credit union is currently offering 1.51% APY on its Membership Share Savings Account.

This Share Savings Account is open to all members of the credit union. In order to become a member, you must pay a one-time joining fee of $25. Afterward, you can open your account with a minimum opening deposit of $5.00. This gives you access to a great savings account rate along with the option of a secondary share savings account. D

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Do you check your credit file regularly to make sure everything in it is accurate? Do you know what to do if one of your creditors is reporting inaccurate data, such as a delinquent account that has since been paid off? The first step is usually to send them a credit dispute letter detailing the misinformation and requesting that they update your credit file.

Let’s take a look at what a credit dispute letter should include.

5 Things to Include in a Credit Dispute Letter

Here are five basic items that should be included in any credit dispute letter you send to a creditor, as it will help them verify your claim and more quickly update the records.

1. Your identifying information (acct number, address, etc.) for account verification — Don’t accidentally forget to tell them who you are and what account your letter is in reference to. If th

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On the web:

• Justice Department Seeks OK for Pact With Visa, MasterCard – Wall Street Journal
• What is NFC, and why do we care?

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