April, 2009
House Approves Credit Cardholders’ Bill of Rights
No more interest rate hikes
The House of Representatives today passed a bill aimed at helping consumers who have credit cards. The bill does not apply to other types of credit, such as installment loans.
The Credit Cardholders’ Bill of Rights protects against hidden fees and interest rate hikes. The legislation passed by a wide margin, 357-70.
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Even Obama s cash advances do not come free
Obama is ready to be tough
With the Fed’s coffer shrinking faster than ever, President Barack Obama has now made it clear that the cash advance in Connecticuts that he is offering to corporate America will not be for free. In his recent speech at the Georgetown University, while he defended his economic policies on one ...
Debt Ski Makes Managing Finances Fun
Debt ski gets you thinking
After playing a few rounds of the Debt Ski game, I can’t say I’ll suddenly be better at debt management or credit repair. But if you sit back and analyze the game, it makes a point. It factors in income, necessary spending, discretionary spending and a credit card limit.
This game is ...
Repair Your Credit | How You’re Judged (Pt. 4)
How credit agencies view you (conclusion)
Welcome back. CLICK HERE if you missed part three of this article.
You’ve made it to the very end of “Repair Your Credit,” and let’s keep going to the end by taking a continued look at what credit agencies look at when they produce a credit score for you. That score ...
Medical Bills, Even if You Have Insurance, Can Cause Frustration and Debt
When I write about advocating for the consumer when he or she is in debt, I usually receive a good amount of feedback blaming the consumer for his or her situation. Yes, in many cases, households fall into debt because they buy more things they cannot afford, whether knowingly or unknowingly. In many cases, they ...
