September 16th, 2014

Credit Card Delinquencies Hit Lowest Level in Seven Years

Credit Card Delinquences Hit Low

More good news about credit card delinquency rates has arrived. The latest TransUnion Industry Insights Report found that the rate of credit card payments that were 90 days overdue or more dropped nearly 9 percent in the last year, from 1.27 percent to 1.16 percent of total payments. The findings are based on credit data from American consumers who have active credit files.

This is the lowest level the rate has sat at in seven years. If that isn’t positive enough, the rate has been trending downwards all year. Since the first quarter of 2014, the credit card delinquency rate has dropped 15 percent.

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August 4th, 2014

Credit Card Sign-up Bonuses Increase While Overall Value Decreases

Credit Card Bonuses

New data shows that sign-up bonuses are on the rise, but rewards aren’t looking as pretty. Find out why this might be happening and what you can do about it.

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July 28th, 2014

Credit Card Delinquencies Fall in 2014

Credit Card Delinquencies thumbnail

According to recent data from the American Bankers Association, Americans are meeting their payments at record pace. In the first quarter of the year, late payments fell to 2.44 percent of all accounts. This is a large decline from the previous quarter’s 2.60 percent and the 15-year average of 3.82 percent.

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July 18th, 2014

Security Improvements Still on Hold for U.S. Credit Cards

EMV Thumbnail

U.S. credit card issuers have until October 2015 to replace consumers’ credit cards with more secure EMV cards. Read more here.

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January 17th, 2014

Credit Karma Tips & Resolutions 2014 — Part 5

Credit Karma Tips & Resolutions 2014

Stan actually requested to expand on his tip, so here’s more information in his own words. And be sure to check out some of our other blog posts on this subject!

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November 25th, 2013

Rewards Credit Cards Offer Insane Value

Rewards Credit Cards Offer Insane Value

Rewards credit cards are the best kind of cards out there. If you use credit cards without reaping corresponding rewards, that’s plain wrong. Many people presume that using rewards cards isn’t worth the trouble since cashback is so small, usually 1%. But the truth is that it’s possible to reap rewards much higher than 1% if you’re paying attention, and besides, even small cashback can add up with time. However, before we proceed, there are three conditions for anyone who is considering using rewards credit cards for profit. Make sure you qualify or face potentially dire consequences.

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November 11th, 2013

Little Known Credit Card Benefits That Could Help You This Holiday Season

Little Known Credit Card Benefits That Could Help You This Holiday Season TH

If you’re like the typical American, you’ll probably be using your credit card a good amount this holiday season. But did you know your credit card may be able to do a lot more than temporarily pay for that sweater you’re buying for your mom? Check out some of these credit card perks that could make this holiday season a little easier for you.

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September 18th, 2013

Retail Cards: Use Them Wisely – Part 2

Retail Cards: Use Them Wisely – Part 2 TH

Yesterday I shared our July retail credit card data. It isn’t a surprise that many Credit Karma members have fallen into the trap of signing up for a store credit card. Let’s face it, it isn’t always easy to tell the very persistent store clerk that you don’t need the extra discount. So if you fall into that group and can’t turn down a credit card offer, or if you’re already carrying a retail credit card, here’s some advice from me and our Facebook fans on how to use it wisely.

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September 17th, 2013

Retail Credit Cards: Use Them Wisely – Part 1

Retail Cards: Use Them Wisely – Part 1 TH

These days, almost every time you shop at a retail store you’re offered a discount in return for opening up their newest credit card. Many times, the offers are very enticing and hard to turn down. I can’t lie… even I’ve given in to the temptations before! According to our July credit card data, those discounts are also enticing many Credit Karma members:

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August 29th, 2013

How to Travel for Free with Credit Cards

travel hacking th

“If only I made more money” is usually how a sentence starts when someone is trying to figure out how others have mastered their finances. But if you asked money-savvy people what their secret to financial bliss is, they’ll have a simple answer. The answer is that financial independence is based on three simple practices. Without these sound financial practices in place, reaching financial bliss is a difficult and seemingly unattainable goal.

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Editorial Disclaimer: Content on the Credit Karma Blog is for entertainment and information purposes only. The opinions expressed on the blog are those of the authors themselves, and not necessarily Credit Karma or its affiliates. However, Credit Karma may be compensated by companies mentioned in the Credit Karma Blog through advertising, affiliate programs or otherwise. It is this compensation that enables Credit Karma to provide its members with services like free access to your credit scores and free monitoring of credit and financial accounts at no charge.

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