The economy may still be wavering, but not the banks. They’re still sending people plenty of credit card offers with enticing rewards, cash-back offers and low interest rates. Consumer Reports just analyzed more than 50 cards, including ones that are good for those struggling to pay off their credit card debt.
Millions of students graduating from college this year will have a shadow hanging over their heads. An estimated two-thirds are burdened with student loans with the average debt being around $25,000.
The fear of someone stealing your financial information and going on a shopping spree has helped drive sales of identity theft protection services. Americans now spend an estimated $3.5 billion a year on these services. However, Consumer Reports is advising consumers to save their money.