Pay Now or Pay More Later
Friday May 29, 2009
Credit cards and loans typically require a payment every month. Knowing this, you should be prepared to make the payment. However, there are many people who, for one ... Read More
Credit and Debt News Roundup 5/27/09
Wednesday May 27, 2009
I don't typically do link roundups, but there were a few pieces of interesting credit card news that I wanted you to read.
A less-discussed part of the new rules will ... Read More
President Obama Signs the New Credit Rules Into Law
Saturday May 23, 2009
The credit card reform is now a law. Friday afternoon, May 22, 2009, President Obama signed the rules making them part of the Truth in Lending Act. The new rules ... Read More
Congress Approves New Credit Card Rules
Wednesday May 20, 2009
Yesterday, the Senate approved the Credit Cardholders Bill of Rights Act with an overwhelming 90-5 vote. The House (of Representatives) followed up with a 361-64 vote in favor of the ... Read More
Watch Out for Unauthorized Charges From iTunes
Tuesday May 19, 2009
A MyFox New York story warns about fraudulent credit card and check card charges that appear to be from iTunes. The first signs of the fraud include charges or pending ... Read More
How to Survive Unemployment
Monday May 18, 2009
Unemployment is at its highest levels since 2001. It's is a devastating situation, but it's important to keep your credit and debt under control, especially since many employers now check ... Read More
Closing Credit Cards and Your FICO Score
Thursday May 14, 2009
I've been reading conflicting statements about exactly what closing a credit card does to your credit score. For example, one blog stated closing a credit card with a balance hurts ... Read More
Today, the Senate Votes on Credit Cardholders Bill of Rights Act
Tuesday May 12, 2009
The Senate will vote today on the Credit Cardholders Bill of Rights Act of 2009, reports The Huffington Post. The new rules will help protect consumers from predatory practices used ... Read More
Get a Free Credit Score, No Credit Card Required
Monday May 11, 2009
Offers for free credit scores are all over the internet. Unfortunately, most of these offers are from websites that want you to sign up for a trial subscription to a ... Read More
Debt Collectors Can't Put You In Jail For Debt
Friday May 8, 2009
Debt collectors will try just about anything to get you to pay them, including threatening to have you arrested if you don't pay your debt.
Being in debt is not a ... Read More
Study Shows Increased Credit Risk is Linked to Where You Live
Sunday May 3, 2009
A new study released by TransUnion, one of the big three credit bureaus, shows that consumers are at higher risk of defaulting. According to the study, we're almost 25% more ... Read More