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Navigating the deluge of credit cards

In a country from which there are hundreds of credit cards to choose, picking one that best suits your financial needs and lifestyle is no easy task.

There are cards that offer rewards, cards that tout low interest rates and cards that have no annual fees.

Many of these credit card offers have been dropping into mailboxes recently. January is a busy month when it comes to applications sent out by credit card issuers. That's not surprising, given that many people who used their credit cards heavily in December for holiday shopping may be in the market for a new one.

"We've heard that from card issuers, and we've seen that in our business," said Bill Hardekopf, chief executive officer of Lowcards.com, a Web site that helps consumers compare credit cards.


Don't Get Bitten By Zero Percent Interest

Your credit cards are close to their limit and your minimum payments are barely covering your interest rate.

You open the mailbox and see a light at the end of the tunnel. A new creditor is offering you the chance to take all of that debt, put it on one card and pay no interest.

It seems like heaven. But some experts say low or no interest offers can carry some negative consequences if consumers dont know what they are getting into. .


AMR Corporation Reports a Third Quarter Profit of $175 Million

FORT WORTH, Texas, Oct. 17 /PRNewswire-FirstCall/ -- AMR Corporation, the parent company of American Airlines, Inc., today reported a net profit of $175 million for the third quarter of 2007, or $0.61 per diluted share.

As disclosed in AMR's Sept. 21 investor update, the results for the third quarter of 2007 include the impact of a $40 million charge, or $0.13 per diluted share, to reflect an adjustment for additional salary and benefit expense accruals related to years 2003 through 2006 and the first six months of 2007.

The current quarter results compare to a net profit of $15 million for the third quarter of 2006, or $0.06 per diluted share. The year-ago results included a $99 million non-cash charge in Other Income (Expense) to reduce the book value of certain outstanding fuel hedge contracts.


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Gender takes center stage in Democratic primaries

Florida accounts for 10% of all electorial votes in the general election. It seems that the democrats have already written it off by stripping all of its delegates while the republican party is allowing at least half of the delegates to be picked. I guess the democrat party feels that many Florida voters will forget in November. Many will, many won't. As a democrat for 30 plus years, I recently changed over to republican so my vote would count in the primary.

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