Holiday sales will be down 1 percent this year, according to the leading retail trade association, with lackluster spending by consumers unlikely to get a boost from Christmas presents put on credit cards. According to the National Retail Federation, frugal-minded consumers are likely to shift away from credit cards and instead put holiday buys on [...]
October 16, 2009
Today is Boss’s Day, an annual holiday celebrated in America. A bad boss can make your world a living hell, but a great boss can make your life much easier. Today is a time for employees to thank their superior for being a good and fair boss (though right now, I think it’s simply a [...]
October 16, 2009
In the November 2009 issue of Consumer Reports magazine, they had a rundown of “credit cards worth keeping.” This is an especially useful list now that terms are changing and many of us are considering moving on. Here are Consumer Reports’ picks: Balance-Transfer Cards Consumer Reports likes American Express Clear, PenFEd Visa Platinum and People’s United Bank [...]
October 16, 2009
Let’s play a quick game. Guess by who this comment was made and at whom: These companies “used deceptive language to trick their customers into signing something they thought would save them money.” (WSJ) You might think the party being accused of deceiving consumers with deceptive language was the very same industry that was recently [...]
October 16, 2009
Greetings, MYC readers. There’s a lot of buzz about credit cards this week and so I thought it’s time for another roundup. Here’s what’s in the news: Still Getting Screwed PressofAtlanticCity.com has a reader writing in to complain that, in spite of the new CARD Act, they are still getting jacked around by credit card companies, namely [...]
October 16, 2009
Today, we’ll be taking a look at some essential and interesting links and articles from around the web on the topic of credit cards. With the economy in a rut and new credit card and banking legislation on the horizon, now is an especially important time to be aware of all the news and views [...]
October 16, 2009
The results are in, and according to numerous studies, we’re pissed about our credit cards. We’ve had our credit limits slashed, our rewards cut back, our interest rates hiked and our coffers raided by fees, fees and more fees. Some vindication came in the form of the Credit CARD Act, but for the most part, [...]
October 16, 2009
You load sixteen tons, and what do you get? Another day older and deeper in debt. Saint Peter, don’t you call me, ’cause I can’t go; I owe my soul to the company store… That’s the chorus to an old coal mining song first recorded by Merle Travis in 1946. When he talks about the company store, he’s talking [...]
October 16, 2009
Our era is one marked by explosive technological growth. It seems like just as soon as you’ve figured out the latest gizmo, then it’s no longer the latest. In this way, we more often find ourselves adjacent to the next tech generation rather than astride it. And like the kid who finally got through the [...]
October 16, 2009
Chase Freedom has always been a favorite among card users seeking cash back rewards. But in recent months, there have been some big changes to this card that was once the hands down best card for cash back rebates. You can still get $100 cash back with a new Chase Freedom card, but once you’re [...]
October 16, 2009