Interest Only and Credit Card Debt
by Mary Bush Well, here is an example of the system that isn’t functioning as intended: a mortgage loan that encourages paying off one debt, ... as if to say, ‘You mean you can’t pay?’ What do these loan and credit companies think they’re going ... product, let’s give the bad credit crowd a chance to make an even worse decision, and finance a home [more...]
Date: 2009-01-01 10:19:52
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Interest Only and Credit Card Debt
by Mary Bush Well, here is an example of the system that isn’t functioning as intended: a mortgage loan that encourages paying off one debt, ... as if to say, ‘You mean you can’t pay?’ What do these loan and credit companies think they’re going ... product, let’s give the bad credit crowd a chance to make an even worse decision, and finance a home [more...]
Date: 2009-01-06 08:22:54
Interest Only and Credit Card Debt
by Mary Bush Well, here is an example of the system that isn’t functioning as intended: a mortgage loan that encourages paying off one debt, ... as if to say, ‘You mean you can’t pay?’ What do these loan and credit companies think they’re going ... product, let’s give the bad credit crowd a chance to make an even worse decision, and finance a home [more...]
Date: 2009-01-05 15:03:54
Bad Mortgages Are Just The Beginning
credit card health Yesterday I talked a bit about how, through the bailout bill, ... be looking at credit card companies such as American Express following suit. I thought ... . Americans have almost $2.6 trillion in consumer credit outstanding, according to the Federal Reserve [more...]
Date: 2008-10-16 17:29:00
Finding County Marriage Licenses
by Jason Voxly Maybe you are dating someone and think they are hiding something ... the system. You do have to be careful and check into the companies before giving them your credit card ... with a legit company. It is a rare situation that you will receive bad information [more...]
Date: 2009-01-17 22:43:42
Your Credit Rating And You
Credit ratings, at their most straightforward, are personal debt histories ... of our financial behavior. Lenders and credit card companies look to credit ratings for the most simple assessment of whether we are a good or bad risk. But what kind of information does a credit rating contain? [more...]
Date: 2009-01-17 22:54:06
Your Credit Rating Is Important
by Steve Collins Credit ratings, at their most simple, are personal debt histories ... of our financial behavior. Lenders and credit card companies look to credit ratings for the most simple assessment of whether we are a good or bad risk. But what kind of information does a credit rating contain [more...]
Date: 2009-01-17 22:53:50
Your Credit Rating And You
by Steve Collins Credit ratings, at their most simple, are personal debt histories ... of our financial behavior. Lenders and credit card companies look to credit ratings for the most simple assessment of whether we are a good or bad risk. But what kind of information does a credit rating contain [more...]
Date: 2009-01-17 22:41:15
Watch Out for Possible Credit Card Scams
I am constantly amazed by the creativity of thieves when it comes to ways to scamming people ... card. Bad Photography A lady paid by using my Visa Check Card, and the young man behind ... will be so much better. Currently in the United States, the credit card companies take the burden off [more...]
Date: 2008-10-30 15:25:07
High Yield Spreads at Everest Proportions
One would think that given the 10%+ gain in equity markets that we would have seen some relief in the high yield credit market ... treasuries, companies with less than investment grade credit, will not get funding unless they are willing to pay upwards of 20% interest per year. Too bad those credit card offers aren't coming in the mail [more...]
Date: 2008-10-13 23:45:44
Online Services Problems: Credit Cards
This week, I was at the Virtual Goods Summit in San Francisco (my session writeups should appear on http://freetoplay.biz over the coming days) ... providers” (companies that specialized in extracting cash out of your users via credit card, paypal, pre ... are - in general - shockingly bad (lazy or plain stupid, usually) at handling their customers’ money [more...]
Date: 2008-10-13 05:31:49
I’ve Become a Victim of the Credit Crunch
I already knew the credit card companies considered me a deadbeat, but I didn’t think I was that bad. Sheesh ... Federal Credit Union Platinum Visa Limit: $20,000 Thoughts: Always nice to have a credit union ... Platinum Priority Visa Limit: $50,000 Thoughts: Since this incident, BofA has been on my shyt list [more...]
Date: 2009-01-08 11:12:43
Obama Wants Everyone Out of Debt Erase Up to 50
This administration realizes that the economy is bad and people are suffering President Obama is trying to put a limit on the amount of interest the credit card companies can charge you But perhaps you have already gotten into trouble with your credit card and don't know what to do about it [more...]
Date: 2009-09-11 07:42:37
Vista Print--Bad, Bad Company
This is my first time to be using my blog as a complaint forum, but I'm so mad that I have to blog about this ... with the products and went about my life as usual.Fast forward to my credit card statement a few months later ... that I'll see results and will most likely need to go through the hassle of canceling my credit card [more...]
Date: 2009-01-10 20:12:00
Dealing with a bad attitude
Dealing with a bad attitude Posted in Better Living by Seth Barnes on 1/7/2009 WARNING - If you're hoping for inspiration, ... that my credit card company hadn't received the online payment I'd sent from my bank on December 19. Instead, they'd charged me a finance charge. So I called the credit card people. What's annoying [more...]
Date: 2009-01-07 14:13:06
Want a Company to Hear You? Talk to Their “People.”
By Linsey Knerl Many of you were already following my recent credit card turmoil, where I was blacklisted from using my own card ... to switch credit cards, I got a little creative in my communication efforts. I enlisted the PR ... involve a bad experience. How do you reach a PR contact? Sometimes it's easier than you think [more...]
Date: 2008-12-13 22:24:27
Ensim-Infrastructure Management Software Provider
Do you are CEO of Managed Service Providers, Web Hosting company or other Internet companys, If you answer is “yes”, another, ... Credit Card (0) Camelback Displays Material Sell Online (0) Look at the Whitaker Wellness (2) Hosting ... to finance my education (4) Tell You a Bad Credit Loan Shop (0) The Visionary CEO Inspired Me (0) Fab [more...]
Date: 2009-01-07 08:30:15
The Physical Side Effects of Debt
Anyone who has carried a heavy load of debt is keenly aware of its ability to strain your budget and your relationships, ... forced to stay in a bad job because relocating is simply not an option when living paycheck to paycheck ... like to donate to banks and credit card companies. Financial Peace Now imagine for a moment [more...]
Date: 2008-06-25 02:10:57
Fourth-Quarter Earnings: How Bad? - Investors are expecting something abysmal. Could earnings that are merely bad spark a rally?
We have been in an overly optimistic mode since Obama was elected, and this has been global ... economy, the financial sector. We have yet to hear from commercial mortgages and credit card defaults ... on individual company good news, but don’t fall on systemic bad news. Government bailouts go to banks [more...]
Date: 2009-01-06 15:58:53
Disposable Savings
Do you happen to be an employee of a company that offers payday loan? ... . What if it is you, employee or not, you want to buy something, for example a gadget that yoy wanted so bad yet you don’t have enough cash? Good thing there are credit card companies who offer their proud service [more...]
Date: 2008-11-01 06:27:49
In a bad economy, where do you make money?
# | In a bad economy, what’s a company to do? While the middle class is suffering, the rich still have plenty of spending to do. So Barclays, a major financial organization, is targeting the rich with it’s latest credit card: the Visa Black Card. And for goodness sake, the thing is going to be made out of carbon graphite [more...]
Date: 2008-12-04 12:33:35
With Things So Bad In The Economy…
…why is this happening: You know what I got in the mail yesterday? An offer from my credit card company, for a $50,000 unsecured personal loan. Did you catch that? Unsecured. That amount of money would require me to make the equivalent of another mortgage payment to repay them. That offer came as a result of our credit rating, and we would [more...]
Date: 2008-09-30 15:47:13
30 Ways to Save a Dollar a Day
This is a list of ways to save about $30 a month or a dollar a day. If you can do a couple of these, then you can save even more, like 60 or 90 ... the difference goes into savings 17. Call credit card companies to get a lower interest rate – calculate ... ) 6. Cut back on a bad habit – reduce smoking by ½ pack, buy fewer drinks when going out, cut the [more...]
Date: 2008-12-29 17:18:25
Debt consolidation service
Nowadays almost all adults in American society has credit cards in their wallets ... is, there are companies who are willing to help those people who are in bad credit situation in fixing [more...]
Date: 2008-12-02 04:26:46
Barclays loses billions off its share value - The Times, uk - link (aqui)
January 17, 2009Stock plunges after ban on short-selling endsJohn Varley, chief executive of Barclays Group, and Bob Diamond, ... be valued in the bank’s books. A downgrade in the creditworthi-ness of some credit card companies – ... . The Treasury will also hold out the prospect of creating a “bad bank”, to take the toxic assets off [more...]
Date: 2009-01-17 11:10:00
"The Current State of Consumer Arbitration"
Ted Frank (with co-author Ohio State lawprof Sarah Rudolph Cole) ... and credit card companies, provided support to many antiarbitration advocates' claims that consumer arbitration is bad for the "little guy," a conclusion repeated with little scrutiny by stories [more...]
Date: 2008-11-22 02:13:15
Barclays loses billions off its share value
http://business.timesonline.co.uk/tol/business/article5533488 ... be valued in the bank’s books.A downgrade in the creditworthi-ness of some credit card companies – ... . The Treasury will also hold out the prospect of creating a “bad bank”, to take the toxic assets [more...]
Date: 2009-01-17 13:12:22
Up Again Fixing the Servers, Hating Life, Contemplating Colorado
Up Again Fixing the Servers, Hating Life, Contemplating Colorado 6 Days Ago | Posted to: ... ? What dream? I haven't made a penny in five years. The credit card companies call incessantly. I owe ... misery. And it keeps getting worse. Has been for years. My fault, bad decisions. One after another [more...]
Date: 2008-10-30 07:08:26
Obama Wants Everyone Out of Debt – Erase Up to 50%
This administration realizes that the economy is bad and people are suffering. President Obama is trying to put a limit on the amount of interest the credit card companies can charge you. But perhaps you have already gotten into trouble with your cre... [more...]
Date: 2009-09-11 16:06:20
How I Got Bad Credit
July 31, 2009 | By Frances Lexington In Finance | by Frances LexingtonA few months, I went through some rough moments in my life. I got laid off after the company I worked for went down. The bills piled up and I was unable to make my monthly payments. Eventually, all of my credit card accounts were charged-off and sent to collection agencies.My life became a living hell of collection calls and non-stop harassment from debt collectors. [more...]
Date: 2009-07-31 23:37:24
Citi to hive off India arms after global split
Citi Financial, one of the largest finance companies operating in India, may sport the ‘For Sale’ sign, ... or bad loan ratio in India for its credit card and consumer banking business in India rose to 6.3 ... loss of $8.29 billion. Citi Financial, whose businesses in India span mortgages, personal loans [more...]
Date: 2009-01-17 05:43:13
Why I’m a Bad Liberal
I think Tyler Cowen may be right about this: Note that under standard theory neither monetary nor fiscal policy will set right the basic problems ... Treasury efforts to encourage credit-card companies [more...]
Date: 2008-12-28 21:19:16
How to Understand Credit Report
How to Understand Credit Report posted on January 8th, 2009 Now that you have obtained your credit report, ... the company name is a description of the type of account (such as student loans, credit card or line ... the first thing you need to do is read through it and understand what it all means. Don’t feel bad [more...]
Date: 2009-01-08 08:35:23
Learn How To Become Debt Free
I personally hate being in debt to any person or company, period. I prefer to pay cash because credit cards always seem to get me into more debt than I can handle. Sometimes, though, I realize that it is impossible to avoid getting into debt. Being in debt is bad [more...]
Date: 2008-12-30 09:12:27
Global Investing Roundups Friday, December 19th, 2008
FedEx Announces Profit, Cost Cuts; Report: Wal-Mart to Sell iPhones; GM Denies Chrysler Merger Talks; Discovery Applying for Bank Status; ... reported. Credit card firm Discovery Financial Services (DFS) added itself to the list of companies ... ; Carnival Cruises to 4Q Profit FedEx Corp. (FDX) mixed bad news with good in its latest quarterly [more...]
Date: 2008-12-19 11:29:55
Is It A Good Or Bad Thing That So Many Companies Are Going Out Of Business?
What exactly will 2009 bring us in terms of businesses closing down for good? ... to the economy - which while sad for the workers is not necessarily a bad thing. We have consumed ourselves ... $2.56 trillion in consumer debt, with the average household’s credit card debt amounting to $8,565 [more...]
Date: 2009-01-06 14:00:00
No getting laid in the NYT
Rob Walker's "Consumed" column in the NYT Magazine on Sunday (9 November) looks at prepaid credit cards, in particular the Prepaid Visa RushCard, "the product of a partnership between Unifund (a Cincinnati company best known for buying up and collecting on bad debts [more...]
Date: 2008-11-12 15:59:03
JPMorgan profit drops 76 percent
JPMorgan Chase & Co. said that its profit fell 76 percent as rising defaults. The company said in a statement that the year-old U.S ... More consumers are paying late on their credit cards and mortgages, forcing banks to increase reserves, the statement said. JPMorgan has almost tripled its provisions for bad debt in the past year. Fourth [more...]
Date: 2009-01-15 14:23:57
Credit card roulette
Sometimes the credit card industry amazes me. No correct that --- the industry disgusts me ... also could make it more difficult for millions of people with bad credit to get a credit card ... regulators this morning adopted new rules that will allow credit card companies to raise interest [more...]
Date: 2008-12-18 15:13:37
Bad Credit Doesn’t Mean No Credit
by Chris A Smith Just because you need help with your credit report does not mean you are automatically excluded from getting a new line of credit. Each lending institution, be it a credit card company or a bank, has it’s on rules regarding the granting of credit and often times these can vary greatly from institution to institution. Usually, the company offering the best rates and terms is more conservative than others and will consider the entire credit history of an applicant. [more...]
Date: 2009-06-08 12:30:05
tips to get out of it
There are many reasons for people to face court actions, one of the many are financial cases, being submitted to court are because of bad credit. be it from credit card companies to other financial institutions, sometimes people tend ... rebuild their credit card! by providing Debt Counseling and debt referral by Suze Orman Tips [more...]
Date: 2009-01-14 13:06:08
Instahoglets for Jan 2, 2009
By BJ And so now I have to remember to start putting '09' down when I sign and date things, just after I finally got used to using '08' ... card companies for profit at their students expense. I refused to get a credit card while ... card companies, bad for the students, (at least those without parents capable and willing to bail [more...]
Date: 2009-01-02 19:22:51
Fed to rule soon on sweeping credit card changes
Sunday December 14, 3:11 am ET By Carson Walker, Associated Press Writer Fed might end surprise credit card rate hikes but restrict credit to high ... of people with bad credit to get what's referred to as a subprime card. The rules were proposed ... risk borrowers SIOUX FALLS, S.D. (AP) -- Credit card companies could no longer boost interest [more...]
Date: 2008-12-14 20:23:19
Use Your Credit Card In Full
By Michael Huch Since most Americans carry credit cards, ... situation. Very often we hear talking, how bad credit companies are. But in fact, banks are not bad ... credit card holders behave irresponsibly that leads to financial problems. Since most Americans [more...]
Date: 2008-09-06 19:36:22
A consumer complaint about Consumer Reports
This story just drips with irony! 2 ... be trusted. No fault of theirs, my credit card number got out to some bad guys in Malta or Africa, and the credit card company detected it, contacted me as I was checking into a hotel in NY (by declining [more...]
Date: 2009-01-12 13:57:29
G. Avoid Credit Repair Clinics
You’ve probably seen ads for companies that claim they can fix your credit, qualify you for a loan or get you a credit card. Their pitches are tempting, especially if your credit is bad and you desperately want to buy a new car or house. Avoid these outfits. Many of their practices are fraudulent, deceptive and even illegal. Some have been caught stealing the credit files or Social Security numbers of people who are under 18, have died or live in out-of-the-way places like Guam or the U.S. [more...]
Date: 2009-07-23 09:02:39
Credit Repair
Having a good credit reputation is necessary for an individual to be able to have his loans easily approved ... , you should learn how to manage your credit score. Although some credit card companies offers a little ... is Aaacreditguide.com. The site has in depth topics about rebuilding your credit and removing bad credit. A good [more...]
Date: 2008-09-05 04:07:00
How to Use 0% Interest Credit Cards
If you're credit is strong enough to garner the attention of credit card companies offering 0% introductory interest rates, then you surely have the discipline Huntsville Alabama car loans financing with bad credit mortgage home loans, real estate auto insurance, web design. Huntsville schools festivals business events [more...]
Date: 2008-12-23 12:45:37
Credit Repair Help - Here’s How To Start Right Now!
by Mark Alison People are in debt. Living in this world with bad credit can be difficult. It’s hard to repair your credit and it makes life difficult to have bad credit ... coffees. We need to then know what’s in your credit report. There are three credit card companies [more...]
Date: 2009-01-05 11:03:01
Membership Has Fewer Rewards
For credit card-carrying Americans, the latest news from the economic crisis is good, then bad, then good again ... they had to, since credit card companies raised their interest rates even as personal income and credit limits dropped. Visa, MasterCard, et al., also are responding to the worsening economy [more...]
Date: 2009-01-14 19:00:18
