New credit card rules are limiting how credit card companies have traditionally earned their bread, forcing them to come up with new ways to charge consumers. Find out what fees and charges you can expect with your credit card and learn what your rights are.
Archive for June, 2010
Credit Card Companies Find New Ways to Charge Consumers
June 30, 20105 Dangerous Money Pitfalls to Avoid
June 29, 2010Whether you’re ignoring major savings on your largest bill or you’re neglecting to sock money away for a rainy day, you’re putting yourself and your finances at risk. Keep your costs manageable – now and in the future – by avoiding these five common money mistakes.
Fed Leaves Key Rate Unchanged, Says Economic Recovery Hurt by Problems Overseas
June 23, 2010Our super smart friends at the Federal Reserve announced today that they will once again hold its Fed funds rate at the 0 percent to 0.25 percent range. The following is an official press release from the Fed regarding its decision today and a translation (for the rest of us) from our Chief Quizzologist.
Advice for a Successful Garage Sale
June 23, 2010You pay attention to your credit score, you’ve set up a budget, and you shop around for the best deals from home loans to groceries. Still, who can’t use a little extra cash now and then? If you’re thinking about having a garage sale, make the most of your hard work. You’ll enjoy that extra money in your pocket!
Bad Credit? Check Your Mirrors
June 18, 2010It may sound silly (or unfair, whichever way you look at it), but more often than not bad credit is having an impact well beyond high interest rates and unapproved credit and loan applications. Credit card debt and a poor credit score can make things like finding a job or a home extremely difficult. Your landlord and your employer were probably all up in your credit score and report at one time or another.
Fed Caps Credit Card Late Fees, Bans Inactivity Fees
June 16, 2010The Federal Reserve Board announced Tuesday a new rule to protect credit card users from unfair fees. The rule caps credit card late fees at $25. Many credit card companies have been charging upwards of $39.
Money-Saving Tips for Pet Lovers
June 15, 2010Americans keep 71 million dogs and 81 million cats as pets. The pet industry is huge, and filling a shopping cart in a pet store can ruin a budget. You pay attention to the big picture like your credit score, budget planning, and great deals on home loans. If your pets deserve a good budget checkup too, try these tips.
No More Blind Faith: Shopping for Health Care in the Age of the Internet
June 14, 2010As consumers, the apparent benefits searching for the best price, deal, or situation in which to make our purchases has always outweighed the accompanying headaches and time commitments of shrewd shopping. This ideal has remained an absolute truth in all consumer spheres – except health care.
Young Adult Unemployment: Where They’re Coming From
June 10, 2010If you are the parent of a child between the ages of 16 and 24, chances are good that you’re burdening a substantial financial load. And if you are one of those teens or young adults, chances are even better that your guilt for being that beast of burden is at an all time high.
