banking

Do you remember your first bank account? Mine was when I was 8 years old. My parents gave me an allowance but I had to put $5 away each week into a savings account. This was back in the 60’s and, at the time, it was a local bank. frankieleon via Compfight Times have changed […]

Back in 2011 I wrote a post asking Why Are You Still Using Big Banks?. In that post I was talking about all these new fees that banks were getting ready to charge for checking and savings accounts, as well as jacking up fees on credit cards. Mark Gstohl via Compfight What I meant to […]

I’ve been a major dissenter against Citigroup, Citicorp, Citibank… whatever you want to call them, for many years. They were the poster child of bad banks, falling apart to the point of nonexistence and taking this country and many other countries down with them. As they fumbled around trying to recover, I felt almost gleeful […]

During the recession, the phrase “too big to fail” became part of the cultural lexicon. It was on the news every night, on the front page of newspapers, and part of the general discussion both in Washington D.C. and on Wall Street. But what exactly does the government or the media mean when they suggest […]

When we look around the world of point of sale lending, mainly credit cards, we tend to notice a lot being said about balance transfer credit cards. So, what are balance transfer credit cards, where did they come from and why is there such a debate over balance transfer credit cards? I’ll answer all of […]

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