Article Archive for September 2009
In July 2009, MYC covered some of the tricks that credit card issuers were using to tiptoe around the Credit CARD Act and still make big profits. What was supposed to be a devastating year …
The New York Times has been providing some excellent insights into the tumultuous changes in the credit card and banking industry. Today’s edition has an article entitled “The Card Game: Overspending on Debit Cards Is …
Your interest rates have soared. Your minimum payments have swelled to copious figures. Your rewards have been hacked down like rogue cornstalks in summer. It’s the straw that breaks the back of your tenuous relationship …
How much is your creditworthiness worth? A pita? How about a pizza? What if we threw in a t-shirt? Perpetually cash-strapped and impetuously motivated college students have long been an easy target for banks and …
At the end of the day, the key ingredients to mastering your card are discipline and diligence. For most, this means devising and implementing a system that works for them to keep their finances …
Yesterday, we briefly discussed some of the recent drawbacks of debit cards, which elicited an interesting comment Dawn from Getting Nine Hundred: because she gets her card through a credit union, she doesn’t get the …
Last March, we did a breakdown of debit cards vs. credit cards to show you the differences between the two plastic doppelgangers. Fast forward two years, and suddenly, the ying is starting to look and …
GoFreeCredit.com is another vendor that offers you a free credit report when you sign up for their credit monitoring service. This credit monitoring service is $14.95 a month – but as long as you cancel …
Yesterday, J.D. Power and Associates released their 2009 Credit Card Satisfaction Study. The results: we are not so thrilled. After polling over 9,000 credit card users, the overall credit card customer satisfaction rating is at …
Guess what? You’re paying more on your credit card purchases than the interest rate listed in your terms. But wait, don’t go grabbing for the pitchforks yet – the usual credit card issuer trickery isn’t …