The Credit CARD ACT passed in 2009 has had some positive effects. Some of the measures protect consumers, and there are changes that can encourage consumers to pay off their credit card debt faster. Indeed, Consumer Reports says that there are indications that the requirement to include pay off date information on credit card statements […]
Not too long ago, I filled out a survey about my consumer habits. One of the questions, just before the demographic information, asked about my home. I was asked to choose between Rent and Own (and Other). As I checked the box next to Own, it occurred to me that I don’t actually own my […]
Today’s post comes from Odysseas Papadimitriou, who found that even him, a credit card industry expert, were caught off guard by a special fee called Dynamic Currency Conversion while he was traveling overseas. Learn what it is by reading below, and also an additional “must-know” tip when you travel in Europe these days. I’ve been […]
Are you in debt but have never thought about paying it off faster by reducing your debt obligations? You should… I am still on the edge about whether or not to do balance transfers. I have three credit card that have a total balance of $2037.84. I am wanting to it off completely within 6-8 […]
As you know, the provisions from the Credit CARD Act are taking effect. Some of these changes definitely offer better protection, but it doesn’t mean that you can just ignore the letters that come through the mail. When it comes to credit cards, you will always need to read the fine print. Credit card issuers […]
Identity theft is one of the biggest concerns we have today. When your wallet or purse is stolen, it’s about more than losing the credit card or cash you have; your entire financial well-being is at risk unless you move fast. Here is what you need to do if your wallet or purse is stolen:
