Archive for May, 2007

Avoid These Mistakes When Applying For Credit Cards!

Thursday, May 31st, 2007

The US is quickly becoming a cashless society thanks to credit cards and increased technology. Almost everyone today, has a credit card or is in the process of getting one. However, there are a few mistakes that many people make when they apply to get a credit card.
Here are few important ones to avoid:
1. Act in haste repent […]

American Express Rewards Mortgage Program!

Tuesday, May 29th, 2007

Americans are now able, for the first time, to directly charge their recurring monthly mortgage payments on a credit card and earn points.
Under the new “Express Rewards Mortgage” program prime mortgage customers of American Home Mortgage or IndyMac Bank will be able to charge their mortgage payments to an American Express card and earn “Membership […]

Proposed Warning On Credit Card Statements!

Tuesday, May 29th, 2007

The Federal Reserve Board this week unveiled a proposal that would require credit card statements to carry a warning message on the consequences of paying only the minimum required payment.
Among other proposed changes: a 45 day notice before raising an interest rate due to delinquency or default; requiring issuers to state on monthly statements the […]

Feds Push For Simpler Credit Card Mailings!

Thursday, May 24th, 2007

Confused by the fees and terms of your credit card? The Federal Reserve wants to make your monthly bill and solicitations that arrive in your mailbox easier to understand.
The Fed wants companies to give people 45 days’ notice before making any changes to the terms of an account, including slapping on a higher penalty rate […]

Banks To Start Charging For Not Using Credit Card Enough!

Wednesday, May 23rd, 2007

With all the uproar over credit card fees, and now congress stepping in you would think that the fees would start to go away. Not the case in the UK!
Barclaycard has announced that it will be charging customers who do not use their credit cards enough.
The company has said that those who have not used […]

Is There A Google Credit Card?

Tuesday, May 22nd, 2007

It seems like Google is everywhere nowadays, from them purchasing another company to them on the news, you hear about them constantly. Now it appears they might be getting into credit cards.
As a natural progression to follow on from their recent Google Checkout technology, Could Google … maybe soon … be unveiling the Google Credit […]

Does Your Wallet Protect Against Identity Theft?

Friday, May 18th, 2007

That MasterCard commercial is great. You know the one where the guy running the marathon steps into a convenient store, grabs a soda, swipes his card and runs out. Ah, the luxuries of modern life, how did we live so long without them all?
But what about that guy you noticed riding the subway who casually […]