Very soon, interest rates will rise on credit cards and you need to know what to do to avoid the heavy hit. The Federal Reserve just increased the short term interest rate by 0.25% meaning that credit companies will be passing that onto you. If you’re holding a balance, it’s best to do a balance...

There’s a lot waiting ahead in 2017 including higher interest rates on your credit card balances. Due to a decision made by the Federal Reserve, short-term interest rates will increase by 0.25%. This is actually very good news for many consumers. When interest rates increase, savings accounts will also see larger returns. If you’re carrying...

There’s a lot waiting ahead in 2017 including higher interest rates on your credit card balances. Due to a decision made by the Federal Reserve, short-term interest rates will increase by 0.25%. This is actually very good news for many consumers. When interest rates increase, savings accounts will also see larger returns. If you’re carrying...

For many of us, the holiday season usually equates to good food and plenty of shopping. But, if your budget is tight you may be tempted to take the holiday deals retail stores have to offer. There are certain store cards you should steer clear from this holiday season, so you aren’t stuck with a...

For many of us, the holiday season usually equates to good food and plenty of shopping. But, if your budget is tight you may be tempted to take the holiday deals retail stores have to offer. There are certain store cards you should steer clear from this holiday season, so you aren’t stuck with a...

With the holidays right around the corner, most consumers are looking for ways to make all their desired holiday purchases. For some that means borrowing money, taking out loans or signing up for new credit cards. While none of these are favorable options, store credit cards are a particularly bad option for the holidays. Reports...

With the holidays right around the corner, most consumers are looking for ways to make all their desired holiday purchases. For some that means borrowing money, taking out loans or signing up for new credit cards. While none of these are favorable options, store credit cards are a particularly bad option for the holidays. Reports...

When an unexpected purchase rears its ugly head, you can take care of it with a cash advance from a credit card.  Here are two credit cards that have a great cash advance option: Visa Platinum Card from Mid-Illini Credit Union: A great cash advance credit card is the Visa Platinum Card from Mid-Illini Credit...

When an unexpected purchase rears its ugly head, you can take care of it with a cash advance from a credit card.  Here are two credit cards that have a great cash advance option: Visa Platinum Card from Mid-Illini Credit Union: A great cash advance credit card is the Visa Platinum Card from Mid-Illini Credit...

Using credit cards for cash advances can come in handy when you need cash fast, but don’t want to go through the hassle of a costly payday loan. The interest rates and advance fees from cash advances are both lower than those of payday loans. But, not all credit cards are created equal. Here is...