Offers Money Tips for Consumers, Warns Credit Card Traps Continue Regardless of CARD Act

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David Ning, founder of, has been offering practical money tips, insights and strategies since 2007. The straightforward advice available on the regularly updated blog has made one of the more popular finance-related sites on the Internet with a following of 300,000 monthly visitors. Content from has also been featured on the,, and

The latest post offers money tips and a warning to its readers that regardless of the recently passed CARD ACT, credit traps continue for unsuspecting consumers. The post 5 Credit Card Traps to Watch Out For is available at

The American Bankruptcy Institute (ABI) recently released data underscoring the economic crisis plaguing many U.S. consumers. Regardless of the National Bureau of Economic Research announcement that the recession is over, bankruptcy filings by U.S. consumers increased during the month of October.

It’s hoped that regulations aimed at the mortgage industry, banks, and credit card companies will protect consumers from predatory practices but, as personal finance blog warns, these agencies are in the business of making money. Consumers beware.

In a recent post entitled 5 Credit Card Traps to Watch Out For, consumers are encouraged to educate themselves on the practices the CARD Act protects against and those it does not.

The post's author, Miranda Marquit, outlines the top five things consumers need to consider when it comes to credit cards. Take business cards, for example.

Marquit explains, “It is important to realize that business cards are not protected by the CARD Act. The provisions of consumer protection in the CARD Act do not extent to ‘professional’ cards.”

David Ning launched in 2007 to help consumers avoid these types of costly money management mistakes. The comprehensive personal finance blog covers a variety of issues including debt reduction, frugal living, and smart investing.

Such practical, straightforward money tips have earned top ranking with a following of 300,000 monthly readers and a growing Facebook fan page. Content from the popular blog has been featured on the,, and

David Ning is an author, trusted advisor and founder of His is also a regular contributor to the “ON RETIREMENT” section of Ning focuses on money tips for those seeking to build wealth slowly over time through smart management of their capital resources.

Subscribers to have access to a growing library of personal finance information including David Ning’s free eBook How to Save Money on Everything, a weekly newsletter, and a 7-part mini e-course full of useful money tips.

Visit to subscribe to Or, to read the 5 Credit Card Traps to Watch Out For post in its entirety go to

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