credit card health Archives

Why Minimum Payments Are a Threat to Credit Card Health

Anyone who has received a monthly statement for their credit card has surely noticed the highlighted line on their bill: the minimum payment. It’s almost always big, bold,…

Nickels

4 minutes read time

For Cardholders

Your Financial Health Checklist

The new year will be here before you know it and for many of us that means resolutions of a healthier lifestyle and eating less cake (or whatever…

Nickels

3 minutes read time

For banks & credit unions

Credit Card Health: The Missing Piece of Financial Health

In the face of ongoing COVID-related financial stressors and shifting buying behaviors, the “Financial Health” conversation has become more relevant than ever. Now that almost 40% of U.S. households say…

Nickels

6 minutes read time

For banks & credit unions

Parting Thoughts on Fintech and Credit Unions from a 33-Year Chief Credit Officer

Nickels Advisor Bill Zysk recently ended his long tenure at PSECU in order to guide fintechs. Here’s his candid advice. In my role as Chief Credit Officer…

Bill Zysk

9 minutes read time

For Cardholders

Four Not So Hard Steps to Paying Off Your Credit Card Debt

Credit cards are handy for making large purchases, earning rewards and some even provide added protection on purchases. With all that convenience it’s no wonder more and more…

Nickels

4 minutes read time