Uncommon Money News (Vol. 42)

By: Roshawn WatsonIn preparing to write my posts, I often come across noteworthy and sometimes bizarre financial and business news ... from more bad debt, credit problemsCitibank to receive $43 billion bailout but agreed to limit executive payCollege profit as banks market credit cards to studentsCredit card companies willing to deal over [more...]

Date: 2009-01-08 12:00:00

Blog posts (12) | Videos (4)
 

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

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

USAA just hollered - They're raising my credit card rates!

Yup, even my beloved USAA is fighting the good fight these days. Got a nice little letter in the mail yesterday ( ... in full each month.Card #2 - the "Auto Loan" card: $30,000 limit with a locked in 3.4% rate for 1 year ... that the credit limits don't get slashed next :( I pumped those bad boys up to help our credit [more...]

Date: 2008-12-18 16:20:55

Tightening Credit May Reduce Big Retailers' Christmas Sales by 8%

The consumer credit retrenchment is coming even faster and harder than many anticipated ... in the credit they extend to shoppers to avoid being left with bad loans when customers can't pay them ... at or near the limits on their primary credit card, and 20 percent said they're approaching the limit [more...]

Date: 2008-11-02 09:27:52

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

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

A Good Start

Chris Dodd’s plan: WASHINGTON (AP) — Judges could rewrite mortgages to lower bankrupt homeowners’ monthly payments as part of congressional ... including credit card debt or car loans — from any financial institution in the U.S. or abroad in order ... their bad assets on the government in the massive rescue would have to limit their executives’ pay [more...]

Date: 2008-09-22 18:18:39

Behavorial Ways To Limit Your Spending

If you overspend on a regular basis you might consider trying some behavior-modification techniques. Like an over-eater who can’t stay out of the ice-cream at home, you might be well served with adjusting your behaviors to be more successful. use the envelope system cut up credit cards, or freeze them in a block of ice put a program on your PC that blocks “bad” sites, and set it up to filter out online shopping sites only shop with a friend only shop from a list, and never exceed the [more...]

Date: 2009-09-28 10:33:51

Site news: A small mid-month bleg

Bumping up Yes, I know I said I was going to limit request for site donations to the beginning of the month, but circumstances have changed ... for me what I have suspected, some some of the things I’ve been trying are bad ideas. But until ... , please clock the PayPal button to the left. Credit card donations are accepted, or contact [more...]

Date: 2009-01-16 23:00:13

Bailout Gets More Costly Due to “Bipartisan” Deal; Foolish Limits on Foreclosure Should Be Removed

Liberal Congressional leaders have apparently reached a deal with the Bush Administration on the principal elements of a $700 billion bailout of the ... student loans, car loans, credit card debt and any other ‘troubled’ assets held by banks.” ... .  Although it is being sold as a “bipartisan” — a buzzword often used to push bad policies – Republican [more...]

Date: 2008-09-28 20:34:55

Gone!

Poor Chad!  His mother can’t let go and worse, she blogs about everything! Getting his jacket on, which isn’t easy with his bum arm! ... and his response would probably have been something like . . give me a credit card with no limit ... .  Nope, I’m really not doing as bad as I thought I might. What’s going to be kinda funny is that Chad [more...]

Date: 2009-01-08 02:17:57

12 Results