CreditCardsCo Blog Tag - 'recession'
$32 Billion Overdraft Fees Paid to Banks in 2012
If there’s ever been a reason for consumers to consider prepaid debit cards, the $32 billion in overdraft fees that were paid to the nation’s biggest banks last year is the perfect justification. Is it time for you to bail on your big bank?
Does Any of the $917M in Unclaimed Funds Belong to You?
Before the weekend is over, you might discover a financial windfall. Check your state treasurer’s website. Many use their funds for paying off credit cards, savings or weekend getaways.
Bank of America: Winning or Losing?
It seems like one step forward and two steps back for Bank of America as it tries to avoid negative public relations.
UK Solution for Financially Prepared Young People
Kids in the UK are already ahead in the financial game – they must be financially literate before graduating high school. Why can’t the U.S. step up to the plate?
Yes, Fiscal Cliff Could Change Your Credit Card
One week left and the president and Congress have bailed – which was the one thing all parties agreed on. Here’s how it affects your credit cards.
The Media and the Truth About Financial Sector
Feel like you don’t know who to trust in the media? How about politicians? It’s a growing problem that neither industry seems to care about as Americans struggle to understand why so little is being done to ensure transparency in the financial sector.
Is a Recession Possible in 2013?
Things aren’t looking so good for the economic outlook in 2013. Politicians are too busy with the upcoming election to pay attention to things like the very real possibility of another recession in 2013.
Fair Debt Collection Practices Act – Know Your Rights
The FDCPA was written and passed into law in 1978. Another recession was just kicking in and this law protected consumers who were overwhelmed with debt collection efforts.
Is a Home Equity Loan Right For You?
Thinking it might be a good time to rethink a refinance on your home? Maybe there’s some credit card debt you want to take care of? Carefully consider all of your options before you sign on the dotted line.
New York AG Schneiderman Not for Sale
Politics are often synonymous with “scandal”. For New York Attorney General Eric Schneiderman, it’s more about doing the right thing – even when the costs are high.
Doing What Matters: Improving Your Credit Scores
Ring in 2012 with a much better outlook and awareness on how your credit scores are calculated and what your credit history looks like. Choose better credit card offers and keep your budget in check.
Why I Will Be Using My New Credit Card for the Holidays
Thousands of people can relate to Regina’s story. Here’s how one woman survived bankruptcy and foreclosure and is now putting her new credit card to good use this holiday season.
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