Last year around this time I wrote a post titled A Plan For Turning The Economy Around. In that post, I gave five things I thought could help:
no more tax breaks
move up the implementation of the credit card legislation
firm up credit criteria
have a plan for the bailout plan
help the [...]
There was a story on MSNBC.com today regarding what’s coming as it pertains to credit cards, and none of it is good news. Some of what the story talks about I’ve addressed here in different stories, while some things are new. In essence, he has six points, which I’m [...]
I know that some people believed I was sounding a very negative death knell against the credit card industry last year. I went fairly easy on American Express because, after all, it’s not associated with any banks and their practices, for the most part, have been pretty fair.
But for everyone [...]
Many people are still having problems with their finances, and it’s scary. Some know they’re not making enough money, which is obviously a problem. Some don’t think they’re making enough money because they’re in debt, and what they probably need is some budgeting advice. And some know they’re [...]
I’ve been on this minor rant for a few months against credit scores and some of the things financial advisors have been telling people in regards to making sure their credit scores don’t fall by cutting up credit cards. They’re telling people not to do this, even as banks have [...]
For those of you new to this blog, I have two other blogs that are dedicated to other interests of mine. However, on one of them, I wrote an article last year about FreeCreditReport.com and how they helped me overcome a credit issue I was having with a potential creditor [...]
(Originally posted 11/5/08)
The average American now has eight credit cards in his or her wallet. I’ll be the first to admit, I’m one of them. Over the past several years of easy credit and 0% introductory rates, people were applying for more credit cards than ever. The result is that many [...]