On Monday, the CARD law that was passed last May finally goes into effect, which is supposed to offer lots of protections to Americans that these greedy banks have been throwing at us. Well, at least things the law addressed before banks had time to change some things up before [...]
Last June, I wrote a post asking if we really needed credit cards, and came to the conclusion that yes, we did. At least one credit card, since there are many entities that will require proof that it’s you via a credit card, or won’t hold something for you unless [...]
I don’t know why, but I’m almost insulted by this.
It seems that not only are the rest of us worried about interest rate hikes, the banks are also worried about interest rate hikes. Why is that?
Because it seems that while many people haven’t been able to take advantage of the interest [...]
An article on the Wall Street Journal website titled Debt-Cutting Will Slow Global Growth prophesized that debt cutting efforts by the United States and other countries, and by all the consumers, will slow economic growth for many years, which wouldn’t be a good thing for most economies.
It’s an interesting premise, and [...]
It seems 2009 was more memorable than anyone hoped it would be as it pertains to the housing market. A record number of foreclosure notices went out in 2009, and more are expected in 2010 to break 2009’s record; how scary is that?
There were around 2.8 million foreclosure notices that [...]
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 [...]
This is a tough time to be a college student in America. I remember when I went to college that every semester only cost, at its highest, $2,000, which included room and board. And the loan my parents took out for me for only two years came with an [...]