Today is Leif Erikson Day. Erikson was a Viking and, according to today’s historical consensus, the first European to venture to the continent of North America. The Nordic explorer came here nearly 500 years before Christopher Columbus. A 1968 U.S. postage stamp honoring Leif Erikson and his expeditions. The day is marked by a presidential proclamation, [...]
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
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
It’s common for couples to share credit card accounts, with one spouse opening the account and adding the other as an authorized user. This is especially useful when one spouse has a good credit history, and the other needs to build their credit. But things get tricky when marriages go bad. For one thing, if you’re [...]
August 11, 2009
Credit Card Late Charges And How To Avoid Them It is simply getting ridiculous the charges credit card companies are imposing on consumers who are late making payments. Yes, creditors have a legal right to do what they are doing, however ethically speaking that is certainly open to debate! It is simply getting ridiculous the charges credit [...]
October 16, 2009