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LaToya's Credit / Debt Blog May 2007 Archive

By LaToya Irby, About.com Guide to Credit / Debt

Even Libraries Use Collection Agencies

Wednesday May 30, 2007
Think there's no harm in keeping a library book past its due date? Think again. When you check out a book from the library, you are borrowing it. ... Read More

Reader Mail: NYTimes Couple Profile

Friday May 25, 2007
A fellow credit-enthusiast of mine, Shawn Weeks, of PlasticEconomy, emailed me about the NYTimes article I linked to. I agreed with a lot that he had to say, so ... Read More

Real Life Example Of Debt Overload

Wednesday May 23, 2007
In a recent story, the NYTimes profiled a couple with an income of about $66,000 and a debt load of $183,802, $22,228 of which was credit card debt. The ... Read More

Is Your Credit Report Telling The Truth?

Tuesday May 22, 2007
Prospective creditors and lenders look at your credit report to make financial decisions about you. A single keystroke error could put someone else's charged-off account on your credit report. ... Read More

Will New Credit Card Laws Encourage Irresponsible Spending?

Thursday May 17, 2007
In a press release (pdf) on May 15, the “Stop Unfair Practices In Credit Cards Act” was announced. If passed, the legislation introduced by Senator Carl Levin (D-MI) will ... Read More

LIFE Now Takes Visa

Tuesday May 15, 2007
The game of life, that is. A new version of The Game of Life called Twists and Turns will be released in August 2007. Rather than paper money, ... Read More

How Often Are You Checking Your Credit Report?

Wednesday May 9, 2007
When asked "How long ago did you last check your credit report?", 64% of respondents answered that they've have checked their credit report within the past year. Excellent! ... Read More

Consumer Credit Continues to Rise

Monday May 7, 2007
Reuters reports a significant $13.46 billion increase in consumer credit in March, almost $9 billion more than analysts expected. As debt levels continue to rise, it becomes increasingly important ... Read More

Keep Your Luggage Close And Your Credit Cards Closer

Thursday May 3, 2007
Right on the heels of a indictment of waiters for credit card fraud, comes a similar arrest of four JetBlue employees who made fraudulent purchases using credit cards left by ... Read More

Add Waiters to the Growing List of Possible Identity Theives

Wednesday May 2, 2007
Would you let a complete stranger walk off with your credit card as long as he promised to bring it right back? If you've ever used your credit card ... Read More
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