"Credit Ratings' - Educating Consumers About Credit Cards

>> Thursday, October 16, 2008

I am very much impressed by the way internet provides the free information resources on each topic. When the idea of starting a blog on finance and money came into my mind, my intention was to make it a resoruce blog which could help me and all readers to learn about finance and money matters. But I was not sure from where I should start or get the stuff, until now I am really amazed to see wealth of information scattered around. I feel like that I have to hunt the treasure and offer it at my blog. There is a lot to discover yet, but I am happy that I am getting good response from my readers.

'Card Ratings.com' is the most comprehensive free source for comparing card offers since 1998. It is devoted to educating consumers about credit cards. Cardratings.com fights credit card debt by providing consumers with ratings of credit cards.

It has been featured by the The Wall Street Journal, The Early Show on CBS, Consumer Reports magazine, PBS, Money Magazine, and others.

Speciality of th site is that "it offers over approximately 19,000 consumer reviews of almost 1,000 cards written by consumers throughout the country (new reviews are added daily)".
Benefits:
Disclosing such information often helps consumers find more attractive credit cards and, in turn, helps them lower their credit card debt. Another added benefit is that such disclosures encourage stronger competition among credit card issuers.

How this site was founded is interesting story!(In their own words)

'Our organization was founded in response to a growing national backlash against credit card debt. Curtis Arnold, our founder and a nationally recognized consumer advocate, knows firsthand the devastating financial effect of credit card debt. He struggled with credit card debt for several years during and after his graduate studies in business at the University of Texas at Dallas. At one point, Curtis had over $40,000 in card debt.'

Features of the site

- Offering consumer information regarding approximately 500 unique credit card offerings, including a searchable database.

- They also provides all of the data (card terms and conditions) for the credit card and atm/debit survey published by the New York State Banking Department, the oldest bank regulatory agency in the nation.

Check the newsletter archive to get updated credit card reviews, including updated reviews of the best rated credit cards, and insider tips on managing credit responsibly

- Credit card articles

2 comments:

FIRE Finance October 19, 2008 at 10:07 AM  

Dear youlki22,

We sent you an email but did not receive any reply. So being forced to leave this message in a comment.

Congrats! You are the winner of our giveaway (http://firefinance.blogspot.com/2008/10/winner-of-quiet-millionaire-is.html) of Brett Wilder's book "The Quiet Millionaire."

Kindly send us your USPS mailing address so that the book can be on its way at the earliest.

Also, if you wish, we'd appreciate it if you could kindly mention that you won the giveaway at our site with your readers :). This is optional, so don't feel that you have to do it since you won the giveaway.

Awaiting your response.

With best wishes,
FIRE Finance

FIRE Finance October 19, 2008 at 10:08 AM  

Oops we forgot to mention this. If we don't receive a response from you by Oct 23rd, we'll select a new winner and move on.

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