Best Credit Cards for Consumers

Credit-Land.com is a group that keeps an eye on various credit cards for the consumer by analyzing and ranking cards that offer some of the best values to customers. A combination of credit card benefits, credit card costs and consumer protection features are used to form the credit card rankings.

  • Discover Card Platinum – named the 2006 Holiday Shopping Credit Card of the Year, nationwide, features no annual fee, zero dollar fraud liability, a generous 5 percent cash back and a 25 day grace period, a low interest rate, zero percent introductory rate and a $15 dollar late fee for balances under $500. [Read more...]
  • Housing and car markets may spark credit crunch 

    For U.S. consumers and companies, the era of easy access to cash may be ending. While innovation in corporate credit has helped home buyers with checkered debt records buy houses and kept company default rates at historic lows, the first signs of a coming credit crunch are emerging in the housing market. “A weak housing market can tighten credit constraints and raise the overall costs of consumer finance,” said Suzanne Mistretta, an analyst with Derivative Fitch. “The housing market and financial health of the consumer will be the focus” in 2007. Source: Reuters

    People now Have 5 Credit Cards Are you Crazy?

    It seems that more and more people are carrying more and more credit cards.  This is a dangerous trap to be getting into.  I recommend at most 1 – 2 credit cards.  For most people I recommend 0 – 1.  Why more?  If you can’t afford what you want, you don’t deserve it.  There are reasons to use one and then pay it off when the bill comes or sooner with online payment.

    It is not good to be getting into multiple credit cards.  Many people have a hard enough time tracking what they spend, it is not a good idea to multiply the mess 5 times.


    Here is this story:

    FinanceDaily – 2.7 Million Own Five or More Credit Cards

    Credit card fever is continuing unabated, with one in every seventeen British adults carrying five or more in their wallets, new research shows. Figures from MoneyExpert.com show that as many as 2.7 million Brits have either racked up such large debts or have chopped and changed credit cards so often that they now own at least five each.

    Credit Card Information

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