The Associated Press is reporting as much as five billion dollars of what Americans spend on gift cards each year will go unused – that is, gift card recipients will leave that much in small balances on their cards.
In order to make sure your valuable gift card dollars don’t go to waste, consider these tips [...]
After a few months of promising statistics on credit card debt and payments, the AP files a report that shows last month consumers fell further behind on their credit card debt and are making smaller payments on their bills.
The report, conducted by Moodys, shows:
After a few months of catching up, credit card debt is catching [...]
This is an example of taking reward points to the extreme.
In 2008, the US Mint began making $1 coins. A few commemorative coins with the likeness of several US presidents were sold to collectors. The cost? $1 of course. But there was a limit, and investors and collectors could only purchase 500.
But there was no [...]
A few weeks back we reported on Senator Chris Dodd’s attempt to freeze all credit interst rates until the new credit card laws take effect next year.
That measure was blocked in the Senate, but Bloomberg.com is reporting that two Democrats in the House are trying to push through a bill that would set a strict [...]
If you’ve ever been behind on your credit card bills, and received a call from a collection agency, you know how stressful the experience can be.
A new study conducted by Scripps Howard, using the Freedom of Information Act and extensive interviews, revealed that debt collectors often push the limits of the law or ignore them [...]
While many people are looking forward to the new credit card laws set to take effect early next year, a new report says they won’t solve all of the problems caused by difficult credit card practices.
The Center for Responsible Lending highlights several practices currently on the rise that won’t be addressed by the new laws. [...]
WISN in Milwaukee asks an interesting questions of shoppers and consumer spending experts: Which type of card will you be using this holiday season?
Well, readers, what’s it going to be?
Will you spend now and then pay your credit card bills later?
Or, will you watch your dollars more closely with a debit card?
WISN takes a look [...]
The US may be looking to Australia for help in pulling protecting its citizens from credit card debt, reports the New York Times.
Six years ago, Australia passed rules that affect how credit card companies can charge businesses for transactions. Everytime you swipe a credit card at a business, that business pays for it, sometimes as [...]
We often preach the value of close examination of your credit card statements each month. But what if you can’t find your credit card statement?
The New York Times’ Haggler column shares a story about how the credit card envelope change resulted in numerous late fees.
After not seeing a credit card bill for months, the columnist [...]
Salvation Army volunteers are hoping to ring up more donations this year with some high-tech kettles.
CBS7 reports that some Salvation Army donation kettles in certain parts of Texas will now be equipped with debit and credit card machines.
While most people are used to dropping spare change and bills into the famous red kettles, national Salvation [...]
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