Posted on March 29th, 2008 by moneyvsdebt
Only responsible credit card users should mess with rewards credit cards. These cards typically have higher interest rates than nonrewards cards, so they make sense only if you can pay your balances off each month. Otherwise, those interest payments will negate the rewards. Defaulting will also zap your earnings, so you have to keep your [...]
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Posted on March 28th, 2008 by moneyvsdebt
After paying at least $600 million a year in excessive card fees, consumers in the U.K. are getting money back. We Americans should demand the same.
A couple of years ago, consumers in the United Kingdom got a break when the country’s Office of Fair Trading told credit card issuers that their late and over-limit fees [...]
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Posted on March 16th, 2008 by moneyvsdebt
Treasuries rose, driving yields on two-year notes down to 1.30 percent, as investors sought the relative safety of government debt after JPMorgan Chase & Co. agreed to bail out Bear Stearns Cos.
Traders began betting the Federal Reserve will cut its target for overnight loans by 1 percentage point tomorrow to keep losses [...]
Filed under: Ben Bernanke, Easy Money, Finance, Financial News, Global Economy, Investing, Money Saving Ideas, Mortgage Information, Stocks, credit secrets, federal reserve, gold vs dollar, housing crisis, politics | No Comments »
Posted on February 27th, 2008 by moneyvsdebt
Federal Reserve Chairman Ben S. Bernanke signaled the U.S. central bank is prepared to lower interest rates again even amid signs of accelerating inflation.
The Fed “will be carefully evaluating incoming information bearing on the economic outlook and will act in a timely manner as needed to support growth and to provide adequate insurance against downside [...]
Filed under: Ben Bernanke, Credit Card, Easy Money, Finance, Investing, Mortgage Information, Stocks, credit secrets, federal reserve, housing crisis | No Comments »
Posted on February 20th, 2008 by moneyvsdebt
If you’ve been (mostly) an angel in managing your credit, you could soon get some props in your FICO score.Finally, some good news about credit: Fair Isaac, the company that calculates consumer credit ratings for lenders, is rolling out a new formula that promises to favor responsible credit holders. Your FICO score could benefit.
Fair Isaac [...]
Filed under: Credit Card, Easy Money, Finance, Financial News, Money Saving Ideas, credit scores, credit secrets | No Comments »
