An automatic stay is a temporary measure that is put into place automatically once a petition for bankruptcy has been filed by an individual or a company. Once an automatic stay is in place, the injunction prohibits creditors from taking certain actions against the debtor such as proceeding with lawsuits, attempting to collect debt, initiating foreclosure measures or garnishing wages.

A balance transfer is an option offered by many credit card issuers which enables the card holder to use their available credit from one card to pay off the balances due on one or more other cards. Usually the interest rate on the amount borrowed is lower than the rate of the cards that are being paid off by the balance transfer.

A Bank Holding Company is a corporation or other legal entity that owns or operates one or more commercial banks. Bank Holding Companies are regulated by the U.S. Federal Reserve Board and must adhere to all U.S. Banking regulations that affect both banks and Bank Holding Companies.

A billing statement is a summarized bill that is sent by a creditor to all its customers every month. The majority of billing statements sent out are sent by issuers of credit cards. However, most every type of lender will send, either electronically or via mail, a billing statement.

Today, credit cards are more popular as a mode of payment than ever before. In fact, the rewards programs offered by many cards have become a great way to make your credit work for you.

Many people don't know that some credit card companies offer gas rebate cards that give you cash back when you purchase gas and other items*. These cards can help ease the pinch of high gas prices every time you make a purchase at the pump.

Low interest credit card offers are among the best offers in the business. If you are interested in transferring a balance or simply would like to finance a large purchase on a credit card, this kind of card is for you

It is important to remember that your own individual credit needs will play a large part in determining which offer is right for you. Take a moment to weigh all your options and review some helpful information to help you make an informed decision.

With plenty of credit cards to choose from, it pays to compare credit cards to locate the best credit card for you. Remember that your current credit status will dictate the types of cards you qualify for, so it is important to be realistic about the best credit card for your situation.

It is said that there is no such thing as a free lunch, but cash back credit cards come pretty close to fitting the bill. These cards, which pay you a percentage rebate on the money you spend on the card, can earn you enough money during the course of a year to pay for a month's worth of free lunches or even a weekend get-away for you and your family.