Used wisely, credit allows for the convenient purchase of items both big and small. Used unwisely, credit can, and has, led to home foreclosures and bankruptcy. Learn to use credit and debit cards smartly and improve your credit scores.
Why the sponsor of a key bill says banks need to be reined in
Tue May 19, 2009, 6:00 AM | | Posted in Credit
President Obama is pressing Congress to pass legislation that will restrain influence of the credit card industry’s practices by Memorial Day. The Senate is currently debating two bills aimed at protecting consumers. One is Rep. Carolyn Maloney’s (D., N.Y.) Credit Cardholders Bill of Rights, which passed the House of Representatives in April by a wide … Continue Reading »
Your business card is CRAP!
Mon Apr 13, 2009, 9:34 PM | | Posted in Credit
What do you think of this guy? He says it took him 25 years to design the business card and it doesn’t fit or belong in a rolodex… Watch this short video.
Understand the credit crisis – visually
Sun Mar 1, 2009, 12:24 AM | | Posted in Credit
Searching for banking, credit and finance in general using my favorite search engine, I came across this rather fine explanation of the credit crisis from Jonathan Jarvis. If you have ten minutes and want to understand how we got into this mess, watch the video. Jonathan offers an overview of the credit crisis. If you … Continue Reading »
Consumers making bare minimum payment
Wed Feb 25, 2009, 1:40 PM | | Posted in Credit
These days, the economy is so bad – no kidding – some credit card issuers are patronizing consumers to just close down their accounts. They are the consumers who have a history of paying the bare minimum on their credit cards every month. These consumers used to be money-making machines for the credit card companies. … Continue Reading »
What to do during a credit crisis
Sun Feb 1, 2009, 12:07 AM | | Posted in Credit
By now, everyone knows we are in recession. Many economists agree that the recession will get worse before we see light at the end of the tunnel. Many people get into a panic mode. They keep wondering whether to continue keep money in the bank which most people do anyway. But they tend to lose … Continue Reading »
Here is your chance to access affordable and flexible credit
Fri Dec 5, 2008, 12:00 AM | | Posted in Credit
Richard Branson, the guy who owns Virgin “everything”, has taken over peer-to-peer lending service called Circle Lending and has re-branded it Virgin Money USA. It helps people access affordable and flexible credit, offering unique financial services and a customer experience, its website claims, that most banks cannot match. Virgin’s US investment firm recently bought a … Continue Reading »
Credit card vs debit card in college
Sun Nov 16, 2008, 3:12 PM | | Posted in Credit
If you are a college student reading this, or a kid of yours is going to college, you might need a credit card or a debit card. So, which kind is better? If you go to a bank, they might try to convince you that a “prepaid debit card” would be a better choice for you. Read more…
