Is there a market for a service that allows you to pay your mortgage on your credit card? History so far says “no.” Last year, Amex introduced a program with American Home Mortgage and IndyMac that allowed cardmembers to put their mortgage payments on their Amex after paying a one-time fee of $395. However, American Home Mortgage is now bankrupt while IndyMac looks to be headed that way as well. Another company, CardIt LLC, introduced a service late last year that allowed mortgage payments to be charged for a fee of 2.49% plus $19.99 per transaction. That business also has already failed.

Now, another company is giving it a try, and its business model appears to be largely the same as CardIt’s, though it boasts access to a larger network of billers and lower transaction fees.
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You probably pay your credit card balances each month (if not, you should). But, have you checked your limits lately? There’s been a huge shakeup recently as card issuers are starting to feel the mounting pains of increasing delinquencies.

Traditionally, you could expect that as long as you kept paying your bills on time and maintained your account in good standing, your credit line would remain stable, if not increase. That’s beginning to change.

A lot of people are opening their statements and discovering their card limits have been slashed to a fraction of what they once were. The reasons may startle you.
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The Paypal plug-in, which lets users generate virtual credit card numbers for online purchases, has now been available for over half a year. To further encourage its adoption, Paypal is running a special promo: Simply spend at least $50 using the Paypal Plug-in by June 30 and you’ll get $10 back in your Paypal account.
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