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Credit Card Reform Starts Today
Written on 22 Feb, 2010 at 17:00 in Consumer Affairs, Credit & Debt, News, Personal Finance | viewed 527 times | 0 Comments
The landmark legislation that Obama signed in the spring of 2009 that was designed to protect consumers from abusive credit card practices went into effect Monday. ... (Continue reading)
Get Ready For The New Credit Card Rules
The clock is ticking toward implementation of the Credit Card Accountability Responsibility and Disclosure Act of 2009, commonly referred to as the CARD Act. On February 22, consumers will have a new set of financial protections in place. ... (Continue reading)
Help! My Dad Has a Credit Card in My Name
When “Jonathan” was 14-years-old, his Dad opened a few credit cards and acquired a few utilities in his name—unbeknownst to him. Fast-forward four years and Jon, now with enough money saved for a down payment on a vehicle, is denied... (Continue reading)
Say Buh-Bye to Your Bank?
Written on 30 Dec, 2009 at 13:55 in Blogs | viewed 814 times | 2 Comments
If you’re thinking about giving your bank the old heave-ho, joining a credit union may be the right move for you. Last week, credit card holders sounded off on card issuers about unfair rate hikes and slashed lines of credit.... (Continue reading)
The Homebuyer’s Toolkit: How Your Credit Score Adds Up
Written on 14 Dec, 2009 at 12:09 in Blogs, Credit & Debt, Homeownership | viewed 992 times | 1 Comment
Do you request your credit report every year? Admittedly, I have to say I don’t. I’ve probably accessed it twice in the past four years. But after attending this week’s homebuyer’s class sponsored by the Bedford Central Community Development Corp.,... (Continue reading)
Yeah, I Got It On Layway. What About It?
Written on 21 Oct, 2009 at 18:27 in Blogs | viewed 966 times | 5 Comments
The buy-now, pay-later mentality of credit cards has been a major factor in reckless and irresponsible consumer behavior. Replacing layaway plans with easy access to high-interest credit has had devastating consequences for lower- and middle-income families, and black people in... (Continue reading)
Let’s Talk Money
Written on 1 Aug, 2009 at 14:18 in Magazine | viewed 664 times | 0 Comments
For those too terrified to look at retirement accounts, a group of chatty (and free) financial management Websites makes it easy to focus on how to spend money and reduce expenses.... (Continue reading)
News Roundup
Written on 17 Jul, 2009 at 12:16 in Business News | viewed 1,566 times | 1 Comment
News Roundup... (Continue reading)
The Credit Card Fee Hustle
It’s a shared feeling among many debit and credit cardholders. You head to the local grocery store to pick up milk, bread, and toilet paper, but the $10 you left the house with is well short of the $13.88 you... (Continue reading)
House Passes Credit Card Bill of Rights
Written on 30 Apr, 2009 at 17:42 in Politics News | viewed 288 times | 1 Comment
The U.S. House of Representatives today passed H.R. 637, the Credit Card Bill of Rights, by a margin of 357 to 70. ... (Continue reading)
