Archive for 'Credit & Debt'
Senate Votes Today to Delay “Swipe Fee” Reform
Jun 08, 2011 - A law is supposed to go into effect next month that would radically reduce the fees retailers pay banks when you use a debit card, costing the banks billions. But will it happen - and more to the point, should you care?
Ask Stacy: Am I Responsible For My Ex’s Debts?
Jun 07, 2011 - The spouse who ran up the bill fails to pay them, and the other gets hammered by debt collectors and a plunging credit score. If you get divorced, are you still responsible for your ex's debts?
5 Top Credit Tips for College Students
Jun 03, 2011 - The CARD Act made it tougher for college students to get credit cards. But some banks - and students - are finding ways around the rules.
Credit Cards for Newlyweds
Jun 02, 2011 - If this is the year you tie the knot, here's some advice on merging your money, along with a few possible credit cards for couples.
Ask Stacy: Bad Marks Are Multiplying on My Credit Report!
May 31, 2011 - Sometimes one credit history blemish shows up as two on your credit history. Why do identical amounts show up twice?
Tips on Filing a Credit Card Complaint
May 26, 2011 - Starting in July, the new Consumer Financial Protection Bureau will start accepting complaints about deceptive and abusive financial products, from credit cards to payday loans. While you're waiting, here are three other ways to voice your displeasure.
10 Key Characteristics of Debt-Free People
May 25, 2011 - What makes a superstar celebrity go broke and a regular joe meet his bills? Guest blogger Len Penzo says: a lot.
Ask Stacy: Can I Have Bad Marks Removed From My Credit History?
May 24, 2011 - You probably know that you'll improve your credit history and raise your credit score by paying your bills on time. But you did you know that you can sometimes have negative marks removed just by asking?
When You Donate to Charity, Are You Donating to a Bank Too?
May 23, 2011 - The growing use of online charitable giving is a boon to nonprofits. But there's an unintended beneficiary of this cyber generosity: The banks processing all those credit card transactions are raking in millions.
Credit Card Defaults and Late Payments Continue Declining
May 20, 2011 - Credit card defaults and delinquencies have dropped to levels not seen since the start of the Great Recession.
Gas Credit Cards Can Offer Attractive Rewards
May 19, 2011 - If you're feeling pain at the pump, one thing you might try is a credit card that offers rebates on gas purchases. But beware: this plastic comes equipped with plenty of fine print. Here's the skinny on some of the most popular cards.
New Poll: 47 Percent of Americans Don’t Get It
May 18, 2011 - In a recent Gallup poll, 47 percent of Americans wanted their congressional representatives to vote against raising the debt ceiling - only 19 percent were for it. What are they thinking?
Study Finds CARD Act Helped Reduce Credit Card Fees
May 12, 2011 - It's been two years since the Credit Card Accountability, Responsibility, and Disclosure Act became law. A new study suggests it may have done at least part of what Congress intended.
Ask Stacy: How Do I Protect Myself From My Future Husband’s Bad Credit?
May 10, 2011 - Shelita has perfect credit and prides herself on being responsible. Her soon-to-be husband's story is a bit different. Should she call off the wedding?
Willingness of Banks to Lend Hits 17-Year High
May 05, 2011 - According the Federal Reserve, banks are ready to embark on a lending binge. But they may be lacking a key ingredient: borrowers.
