BofA Reveals Plans to Impose Credit Card Annual Fees Next Year
It appears that even with the sweeping reforms in the credit card industry scheduled to go into effect as early as December 1 this year, consumers have yet to see the last of the credit card fees and charges that are costing them dearly.
Credit Card Security is in Your Hands
Security has certainly improved through the years. Banking online and using your credit cards are more secure than ever.
New Credit Card Rules are in Effect – More Changes to Come in February
It was signed into law last May 22 by President Obama but the Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009 officially went into effect last August 20. And that's just the first phase of it.
This Week’s Best CD Rates Rounded Up
It looks like things are looking up a bit for consumers. With the first phase of the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009 taking effect
Choosing the Right Credit Card
Credit cards offer people the power to purchase almost anything without having to deal out large amounts of cash. Credit card spending is, at times, tricky and wrong decisions could leave you with huge debts and interest payments.
Credit Card Usage: Biggest Percentage Decline in 31 Years
According to the Federal Reserve, consumer credit card spending suffered its biggest decline in more than 30 years in February 2009. As consumers tighten their belts due to the economic crisis, job woes, and overall dampened sentiment, their reliance on plastic is likewise declining. The downtrend is outlined at the Fed’s G.19 report on consumer credit.
Fabulous Deals from American Express Credit Cards
Get 10,000 Points for a New Starwood Preferred Guest Credit Card. Sign up with Starwood Preferred Guest Credit Card from American Express today and get 10,000 bonus points as soon as you make any purchase. Here is what can 10,000 Starpoints give you:
Office Depot and Chase to Help Shoppers Boost Their Spending Power
Office Depot and Chase Card Services announced the launch of a new promotion for the 2008 holiday season that will help shoppers stretch their budgets and save money. From Nov. 2 through Dec. 24, 2008, customers who make a purchase of $499 or more with their Chase Worklife Rewards Visa® Credit Card at any Office Depot retail location nationwide or online atwww.officedepot.com won't have to make a payment until January 2010. This special offer also includes the most popular holiday gift items, such as notebook computers, desktop computers, cameras, printers, and more. "Office Depot understands times are tough right now for our small business customers, and that is why we are partnering with Chase to provide this money-saving program during the holiday season," said Chuck Rubin, President of North American Retail for Office Depot. "With this special interest-free financing offer, customers will be able to make the purchases they want for the holidays and defer payments until 2010."
The Debt Detonator: A Plan for Eliminating Credit Card Debt – Step 3
From the Previous Posts: Step 1 - Calculate Your Debt to the Decimal Point Step 2 - Lower Your APRs Step 3 Transfer Balances Balance transferring enables you to put more money back in your pocket by transferring balances from a card with a high APR to a card with a 0% introductory APR. In Step 3, Oliver is going to shop for a credit card that offers a 0% APR on balance transfers and ideally no fee for providing the balance transferring service. Ideally, he would obtain a card with a 0% APR on balance transfers for at least a year and a low APR after the introductory rate of 0% expires.
The Debt Detonator: A Plan for Eliminating Credit Card Debt – Step 2
From the previous posts: Step 1-Calculate Your Debt to the Decimal Point Step 2 Lower Your APRs In my last installment I introduced you to my friend Oliver, who I am teaching my five step debt reduction strategy to. Oliver – and all of you readers – have diligently followed Step 1 and have created a spreadsheet listing your credit cards, minimum monthly payments, Annual Percentage Rates, balances per card, and total amount of debt. Now you and Oliver are ready to focus on one of the most critical columns on your spreadsheet – your Annual Percentage Rates . The only thing required to successfully complete this step is a phone and a little bit of confidence.
Merrill Lynch, Morgan Stanley Battle Independent Brokerages For Wealthy Investors
U.S. Bank Acquires FBOP Corporation’s 9 Failed Banking Subsidiaries
Assessing the Impact of the FDIC’s Temporary Liquidity Guarantee Program
FDIC Chairman Shelia Bair on The State of American Banking – Summary and Analysis
Citibank Credit Card Interest Skyrockets In Anticipation of Federal Regulation
Commerce Bank of Southwest Florida Fails, Becomes 123 Bank to Close in 2009
ING Direct Black Friday Special: Save ‘Til You Drop
Savers Left With Fewer Options as Hudson City Savings Lowers Top CD Rates
Wells Fargo Settles $1.4 Billion Lawsuit Regarding Auction-Rate Securities
‘Too Big To Fail’ Firms May Be Broken Down To Smaller Size
