Posted on Tuesday, 19th January 2010 by admin
Most of us don’t know the true cost of credit, we simply pay attention to what we’re paying in fees and finance charges. But the cost of goods and services increases as a result of credit card use, as merchants need to pay fees to banks, credit card issuers, and other companies for the infrastructure, [...]
Tags: Card Use, Credit Card, Credit Card Use, Use
No Comments »
Posted on Monday, 18th January 2010 by admin
Fortunately for today’s consumer, decades ago Congress realized the credit reporting system needed an overhaul. The practices of the credit bureaus and the creditors using the reports they provided were appalling. American consumers were being taken advantage of by a system they had no way of influencing and no way of keeping in check. To [...]
Tags: Credit, Credit Possible
No Comments »
Posted on Saturday, 16th January 2010 by admin
Your income may become a more important factor in determining whether you’ll be approved for a credit card, according to a post in the WSJ. The paper said beginning in February, credit card companies will be required (Credit Card Bill of Rights) to consider an applicant’s income or assets/current debt before extending credit to ensure [...]
Tags: Card, Credit Card
No Comments »
Posted on Saturday, 16th January 2010 by admin
The credit repair world can be a scary place. Given the abundance of news articles, television stories, and opinion pieces warning of fraudulent credit repair services that get pushed out by well regarded media outlets, it can appear as if the only logical course of action is to steer clear of credit repair companies altogether [...]
Tags: Credit Repair, Credit Repair Services, Repair Services, Services
No Comments »
Posted on Wednesday, 13th January 2010 by admin
As is often times the case, even situations as concerning as the current credit crisis have a silver lining. And in the case of the credit crisis, the lining is that the cost of big ticket items are falling. Plummeting interest rates with already lower asking prices combine to make now one of the premier [...]
Tags: Credit, Credit Crisis
No Comments »