Tuesday, January 19
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Airline, hotel loyalty programs extending perks for members through coronavirus

Breaking News, Mortgage Lending, Travel
While COVID-19 has affected all parts of daily life, the travel industry has certainly been put on hold as people have had to cancel plans and stay at home. Since most travelers plan many months in advance, this also leaves many holding tickets they can no longer use. Frequent flyers and hotel loyalty members are left wondering what recourse they have, if any, when it comes to their member status and points or miles. We researched the major players in the hotel and airline industry to find out how these companies plan to accommodate their valued members – by extending points, status levels and more – in the wake of the coronavirus pandemic. Coronavirus relief measures by loyalty or travel program Hilton Honors Marriott Bonvoy IHG Rewards Club World of Hyatt Wyndham Rewards Choice Pri...

Why is a disputed collection account still on my credit report?

Breaking News, Mortgage Lending
Reader Alesia writes, “I disputed a collection account from 2016 on my credit report with all three bureaus. Two of them deleted the account. However, Experian did not and the creditor has updated the date of collection to November 2020. Does this mean it will now stay on my report until 2027? And why did the two delete it and not the other? I still dispute the account. What can be done in these situations?” When you don’t pay your credit card bill or loan payment on time, the creditor eventually declares it delinquent. And typically six months after the time you first stopped paying your dues, it will either write it off or send it to collections. If it’s the latter course of action, the delinquent account becomes a collection account. Check out all the answers from our credit car...

Credit card industry trends to watch for in 2021

Breaking News, Commercial Real Estate Loans
Each year, CreditCards.com asks the experts to predict what the credit card landscape will be like in the coming year. Read industry gurus’ forecasts now and see what changes credit card issuers might have in store for 2021. See related: Best credit cards of 2021 More flexibility in card offers Steven Dashiell, credit cards expert for Finder, expects the exceptional welcome offers and expanded reward opportunities we saw throughout 2020 will continue into 2021. “These card adjustments were a response to evolving consumer spending habits during the pandemic and I foresee these spending habits lasting well through 2021,” Dashiell said. Nishank Khanna, chief financial offer for Clarify Capital, noted that consumers are spending more on essential goods than discretionary items, so credi...