The Hidden Costs of Gift Cards
Gift cards are a great way to show your appreciation to someone. Next to cash, there is nothing that is quite as convenient. And with the holidays fast approaching, you can be sure that they will be...
Dodd Calls for an Immediate Freeze on Credit Card Interest Rates
If you carry a balance on your credit card from one billing cycle to the next then there may be some good news coming your way. It looks as if the chairman of the Senate Banking Committee, Chris Dodd,...
Credit Card Issuers Fight Back
Credit card issuers have been hit hard, very hard by a number of things that has rocked the industry. First and foremost is the recession. The credit card industry goes as the economy goes. The industry...
Payday Loans Trump Credit Cards for Some
Hers a bit of information that is at once odd, interesting and troubling. According to data recently compiled by a well-known loan company, more and more consumers are choosing payday loans over credit...
No Pay for Bank of America CEO Ken Lewis
It looks as if the Obama administration is enforcing its edict to crack down on corporations receiving federal bailout money. It was recently announced that the beleaguered chief executive officer of Bank...
Consumer Anger With Credit Card Companies Mounts
This will probably come as no surprise to the majority of our readers but we thought we should bring it to your attention anyway because the numbers are quite interesting. Recently (July 2009) Consumer...
Chase Credit Cards Court Business and Wealthy Clientele
Well, as another sign that we are indeed finally beginning to recover from this horrendous recession that we’ve been mired in for the past several years is the fact that an interesting competition...
Billion In Overdraft Fees Last Year Alone
Have you been charged overdraft fees lately on your checking account? The chances are pretty good that you probably have been based on the fact that more than 50 million people across the United States...
Consumer Debt Falls for the Seventh Straight Month
Consumers continue to cut debt in the face of this seemingly endless recession. The Federal Reserve Board reported that August represented the 7th consecutive month that consumers have reduced their borrowing. Consumer...
Credit Card Protection Provision May Be Moved Up
The much ballyhooed credit card protection legislation that was signed into law by Pres. Barack Obama last May is being revisited by Congress due to the actions of the credit card issuers. United States...
