| Best Holiday Cards for People With Great Credit and Selling Pressure Hitting Credit Card Stocks |
| News - Financial News |
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ARLINGTON, Va. (MainStreet) -- What do Santa's elves and credit card companies have in common? For certain people, nothing whatsoever, but for the roughly 50% consumers who have excellent credit, they both can help put presents under the tree. The Chase Sapphire Preferred offers 50,000 bonus points just for spending $3,000 during the first three months it's open. These points are redeemable for $500, and that could come in handy at the holidays. We all know the role Santa's helpers play in Christmas lore, but it's understandable if you aren't quite sure how credit cards fit into the equation. Considering the fact that opening the right credit card could decrease holiday costs by up to $500, I'd hazard to guess that you might be interested in learning a bit more. There are a number of credit card deals on the market seemingly tailor-made for holiday shopping. [Read the full article] SAN DIEGO , Dec. 5, 2011 /PRNewswire/ --Encore Capital Group (NASDAQ: ECPG - News) today announced the launch of the Consumer Credit Research Institute (CCRI). The CCRI is a research organization dedicated to better understanding financially distressed consumers' decisions, choices, and activities in order to promote financial literacy, create new knowledge about this growing segment of the population, and develop innovative ways to support household financial recovery."The CCRI will take a scientific approach to understanding the ways in which consumers get into financial trouble, and may point to consistently better ways to break the chronic debt cycles that can lead to ongoing financial distress," said Christopher Trepel , Ph.D., Managing Director of the CCRI and Encore's Chief Scientific Officer. "We are excited about this industry-leading effort to differentiate and describe an important, and often neglected, consumer segment. [Read the full article] MCLEAN, Va.--(BUSINESS WIRE)-- Despite ongoing economic challenges, there is some good news for non profits this year: online giving is up 20%, according to the leading charity platform, Network for Good. And with one-third of the annual online charitable donations still to come in December, the holiday giving season is just gearing up. Yet while the digital age makes it easier than ever to make charitable donations, convenience comes at a price. The processing costs associated with online transactions can deduct up to 5% from a donation, and a recent survey conducted by Capital One indicates that 85% of consumers don(TM)t know that charities are getting less than the full amount of their donation. But Capital One gives back by covering these costs through its No Hassle Giving Site (www.capitalone.com/give) so that 100% of their customer donations get to the charities of choice. [Read the full article] 
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