Purchasing resources for Consumer Credit


Providers of personal credit cards and related consumer credit information. Review listings for links to consumer credit councelors and consumer credit management services.

Search Results

Balance Transfers

Credit card balance transfers for all applicants. Apply online and transfer your balance to a low rate card. Rates from 0% with no annual fee.

http://www.BalanceTransfers.com/
Credit Card Applications: SmartCreditChoices.com

Features credit card applications from Visa, MasterCard, Discover and American Express. Compare 0% credit card offers and apply for instant approval.

http://www.smartcreditchoices.com/
CreditLoan.com: Free Credit Report

Offers strategies on personal and online credit report monitoring services. Includes free and paid options for obtaining a copy of your credit report.

http://www.creditloan.com/free-credit-report/
Smart Balance Transfers

Features balance transfer credit cards offering 0% interest. Compare 0% APR balance transfer credit cards and apply online for approval.

http://www.smartbalancetransfers.com/0-apr-balance-transfers.php
Credit Card Debt Management

Providers of credit card debt management services to help businesses eliminate bad credit card debt through settlements, credit card debt negotiation strategies, and business credit card debt consolidation.

www.business.com/finance/credit-card-debt-management/
Consumer Credit Reports

Directory of companies offering consumer credit reports and credit check services. Hire providers of consumer credit reports to perform a credit history check on a potential customer or tenant.

www.business.com/finance/consumer-credit-reports/
Consumer Credit Information Resources

Businesses that provide their customers with consumer credit information resources grant those clients access to powerful tools for determining their creditworthiness. When clients understand and can take action to correct discrepancies on their cred...

www.business.com/finance/consumer-credit-information-resources/
Consumer Credit Rates and Quotes

Databases of credit card rates and ratings of credit card issuers.

www.business.com/finance/consumer-credit-rates-and-quotes/
Debt Consolidation

Directory of debt consolidators and debt consolidation information. Browse listings to find companies that specialize in providing clients with business debt relief.

www.business.com/finance/debt-consolidation/
Credit Counseling

Credit counseling is a practice of educating individuals on how to manage debt and handle their credit. By helping individuals create a debt management plan, credit counseling agencies can help their clients establish financial responsibility.

www.business.com/finance/credit-counseling/
Consumer Credit News and Trends

Source: /guides/consumer-credit-news-and-trends-24697/

Consumer credit card providers continually face market changes to which they must adjust. Interest rates, government oversight and consumer confidence are all areas that need to be followed closely so that you can remain competitive with your own consumer credit card services. Read More »

Consumer Credit Education and Training

Source: /guides/consumer-credit-education-and-training-27258/

There is a strong need for businesses to access information on consumer credit management. Many institutions have classes that help build a person’s financial education on both a personal and professional level. Read More »

Consumer Credit Law


Success in business means utilizing all available tools. Consumer credit card providers are quick to offer plastic to anyone old enough to buy a beer but the overuse of credit cards leads to debt-burdened customers and lawmakers who pass legislation to curb the practice.

Before you're ready to offer a consumer credit, you need to know the laws that regulate the practice to keep yourself on the right side of the law. Many federal laws deal with consumer credit management. By offering revolving credit accounts to regular customers, you build on service and loyalty. However, the terms used when establishing an account are restricted to protect the consumer from unfair credit practices. Arguably, the most important laws deal with:
  1. The way you share consumer credit information with other creditors.
  2. The way you establish your billing for credit customers.
  3. The methods you use to collect a debt.
  4. The equality factor you use in determining to whom you extend credit.

Know the consumer's rights to financial information

Make it a priority to understand the Truth in Lending Act, which enforces a consumer's right to certain details regarding their personal financial information on consumer credit with your company.
Regulation Z, an extensive set of qualifications further defining the Act. You are required to disclose your financing terms up-front.

Establish fair billing with all your customers

The Fair Credit Billing Act deals with your right to collect payment while protecting the rights of the consumer.
Fair Credit Billing Act.  In addition, you are obliged to notify customers about their rights by mail periodically.

Get your money, but follow the law

Collecting a debt owed isn't a cut and dried matter. The law forbids you to use practices deemed abusive to consumers. In addition, consumer credit counseling agencies may contact you on behalf of a debtor to negotiate an amicable settlement. This may involve accepting less than you are owed in exchange for removing negative information from the consumer's credit reports and wiping the debt from your books.

Use caution when denying credit to anyone

Consumer credit card services and other businesses may not deny credit to an applicant based upon race or other discriminatory factors deemed unlawful. However, you may refuse to grant credit on legitimate credit rating standards or financial records.
strictly to the regulations set forth in the Equal Credit Opportunity Act (ECOA) when considering applicants for credit. If a disgruntled consumer sues you for discrimination, hire a good business defense attorney with experience in successfully defending clients against fraudulent ECOA claims.
  • Stay abreast of constant changes in consumer credit law to get the most benefit from extending credit to your customers.
  • Treat all credit applicants with respect and in a fair manner. By setting specific standards when approving credit, you can justify your decision later, if need be. Keep all rejected credit applications for one year.
  • Encouraging customers to spend more than they can financially afford can lead to a default on their payment. Set reasonable credit limits.