Archive for 'Credit & Debt'

The Right Way to Close a Credit Card Account
May 16, 2010 - Here's a question I recently got from a viewer. It's a common one...see if you can relate.

Merger Could Affect Credit Cardholders and Frequent Flyers
May 06, 2010 - The creation of the nation's largest airline may be taking off as Continental and United announced plans to merge. If it happens, changes could occur for those with Continental or United credit cards and frequent flier rewards.

The New Credit Card Law is Working
May 05, 2010 - It's been less than three months since the CARD Act changed credit card statements, and there's already evidence that it's working.

Financial Advice for the Truly Stupid
May 01, 2010 - Every now and then the would-be comedians here want to do a video just for fun...and to see if we can get on the Jon Stewart show. See if our most recent attempt makes you laugh.

Micropayments: A Faster Way to Pay Off Credit Card Debt
Apr 28, 2010 - Paying more than the minimum is the key to paying off any debt faster. But if you're having trouble coming up with extra money, making smaller, more frequent payments... known as micropayments... may be your answer.

GAO: Debt Settlement Industry Defrauds Consumers
Apr 27, 2010 - The Government Accountability Office recently called up 20 debt settlement companies, pretending to be consumers in need of help. What they found was an industry rampant with fraud.

Traveling Overseas? Pack the Proper Plastic
Apr 21, 2010 - When it comes to fees, there are some cards you'd really rather leave home without. Here's a look at some of the best... and worst... cards for international travel.

Confusing Provisions of the CARD Act
Apr 20, 2010 - The new credit law that went into effect in February established new and important consumer protection from credit card abuse. But when theory becomes practice, sometimes things can be a little fuzzy at first.

Latest US Export? Consumer Protection
Apr 18, 2010 - There's an old expression: "When the US sneezes, the rest of the world catches a cold." Our recent housing crisis and recession quickly spread around the world. Now we're exporting something a little more pleasant: consumer protection.

Credit Card Debt Declines Again
Apr 09, 2010 - If you've been paying down household debt during these tough economic times, you're in good company. Nearly 40% of consumers say they're using more cash and less credit than they were a year ago.

Will Credit Counseling Hurt My Credit Score?
Apr 06, 2010 - Question from a viewer: If you go to a credit counselor for help, how it will affect your credit history and credit score?

One Thing The Credit Card Act Can’t Protect You From: Yourself
Apr 02, 2010 - While the Credit Card Act offers many new protections to consumers, it might not address the root of the problem... spending more than you have.

Clearer Disclosures for “Free Credit Reports” Take Effect Friday
Mar 31, 2010 - New disclosures required by the FTC must be included in "free credit report" ads beginning Friday, aiming to clear up any confusion about where you can actually get a free credit report.

Treasure Hunt: Tips to Finding Unclaimed Cash
Mar 15, 2010 - Whether you know it or not, someone out there might owe you money. Fortunately, finding it is as simple as typing your name into a web site (and completely free).

Credit Card Usage Continues to Decline
Mar 11, 2010 - According to the Federal Reserve, consumer borrowing rose to $2.456 trillion in January. But what's surprising is that this increase occurred despite another drop in credit card loans.