I feel like I should include a playlist with this post – something that truly highlights the doom and gloom being cast upon the financial markets. Sheesh.
I was reading an interesting blog article, which I’ll share with you here, where the author basically said that credit card debt was the next bubble and when it [...]
Welcome to the (lucky) edition of the Finance Fiesta! In celebration of this being our 13th Finance Fiesta, I’ve decided to dub this Fiesta the Triskaidekaphobia edition!
For those who don’t know, Triskaidekaphobia is the irrational fear of the number 13. Wikipedia enlightens us about the origins of this strange phobia:
“Some Christian traditions have it [...]
I came across an interesting article in the Christian Science Monitor where attorney and law professor, J.H. Huebert talked about how the new laws by the Fed would seriously hinder his ability to rip off the credit card industry. He didn’t put it quite like that, but that was the gist of it. To his [...]
This process is similar to stoozing, but with a small exception. Rather than take out one or two cards with a 0% balance and then transfer the funds to a high yield savings account, people actually submit a bunch of applications within several hours of each other. I have a client at work that has [...]
If you’ve been following along with the financial news you know that the Fed is working on some new policies to ensure the protection of consumers. One of the first things to go is the credit industry’s ability to change rates and terms for any reason at any time. Honestly, I’m surprised that was allowed [...]
