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Credit Monitoring


define: Credit Monitoring

The act of overseeing one’s credit report and credit history to watch out for incorrect information and protect from fraudulent and/or suspicious activity.



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Wall Street Reform, new credit card restrictions round off the month of July

CREDIT CARD NEWS



Wall Street Reform, new credit card restrictions round off the month of July

After waiting weeks for the Senate to give him the nod, President Obama finally signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law this past month. The New York Daily News called it the toughest set of financial regulations passed since the Great Depression. Read more


CREDIT CARD TIPS



Say goodbye to double-cycle billing

Double-cycle billing was the process of including your average balance over the past 60 days in the calculation for finance charges. The CARD Act addressed the use of this tactic. Read more



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