The First Ever Carnival of Consumer Credit

Welcome to the first ever Carnival of Consumer Credit! This carnival comes at an important time, when credit is on everybody’s minds. The role credit plays in the lives of both consumers and businesses worldwide is changing. We can expect credit to be less readily available not only in the coming months, but in the coming decades. Knowing this fact, it’s more important than ever that we learn how credit works and how we can make it work for us—and not against us.

Thanks to all the maiden participants. When you’re done reading, you can submit an entry to the next carnival on November 3, or volunteer to host a future edition by contacting me!

Credit Cards

Cash Money Life presents a review of the World of WarCraft Platinum Edition Visa Card posted at Cash Money Life. Wow, they really do have a credit card for everybody.

BankAround presents Small Businesses Are Increasingly Using Credit Cards to Cover Expenses , a unique symptom of the tightened credit market. Posted at the BankAround Blog.

Mr Credit Card presents a guide to Cash Back Credit Card Guide posted at Ask Mr Credit Card’s Blog.

Mike Leonard presents Stoozing – Use your credit cards for profit; a risky but potentially rewarding technique. At Until Debt Do Us Part.

Credit Reporting and Scores

Silicon Valley Blogger presents How To Get Free Credit Scores, myFICO Credit Scores On Discount. With so many ways to get your credit score, it’s silly to pay full price for it, if anything at all. Posted at The Digerati Life.

Ben Dinsmore presents How I Remove Late Payments from My Credit Report with a Goodwill Letter; an easy, and very effective way of having late payments removed from your credit reports. Posted at Trees Full of Money.

Moneywalks presents Credit Report and How It All Works posted at moneywalks.

Debt

Weight Ladder / Rich Leverage presents 4 Tips to Getting Bad Debt Under Control posted at Rich Leverage.

Home Loans

Kathy Torline presents What the current lending market means to you as a home buyer or a seller. Important tips for anybody in the market during these tricky times. Posted at Colorado Springs Vintage Homes Blog.

Alexander presents When Should You Buy A House? The Family Edition. Moving into a house of your own really is real estate investment at its most basic. But when should you buy a house? And when is the right time to commit yourself to a mortgage? Posted at Wealth Junkies.

Kirby presents Are you stupid for paying your mortgage?. An interesting question given all that has happened! Posted Kirby on Finance.

Other

Denis Dobrochasov presents Taken for a Ride, a discussion of the dangers of extending a government credit line using taxpayer dollars. At Chasov Blog - Your World Insight.

Dave presents Cheapo Housing at Cheapo Groovo.

Rich Maltzman, PMP presents The WBS: Wall Street’s Breakdown Structure posted at Scope crêpe.

Ella Moss presents The Financial Crisis: Not Over Until It’s Over posted at Zodiac Times.

Sandy Naidu presents Warren Buffet’s Advice — a great list of Buffet quotes. Posted at Future Nest Egg.

Michael Bass presents How to get a cell phone with no i.d., no passport, and no credit card. A great look at prepaid cell phones; an alternative for anybody without a credit card or with poor credit. Posted at Debt Prison.

Joshua Seth presents 5 Steps To Prosper In Hard Economic Times posted at Joshua Seth Blog. The author says: “As I write this article the stock market has seen historic declines, property values are declining, unemployment is on the rise, and inflation is increasing. A lot of people are justifiably worried and glued to the TV news every chance they can get. So what can you do about all this? Actually, quite a lot. You may not be able to change what’s happening in the world, but you can absolutely change how it affects you and actually profit by it in a big way.”

That’s It!

Thanks for reading this edition! Submit your articles for the next edition now!