With an increasing amount of consumers looking for debt consolidation loans and other ways to manage their finances in preparation for the upcoming holiday shopping season, gift cards can be a way for consumers to ensure that they are only spending a set amount, or can be an easy gift option for friends and loved […]
Many people who have fallen into credit card debt or have a debt consolidation loan believe that saving money will help them improve their credit score and get out of debt. However, according to at least one expert, closing cards and putting the money aside for a rainy day could actually do the opposite. In […]
Many recent college graduates are saddled with credit card debt and are forced into consumer credit counseling to bring down what they owe, and while new legislation is aimed at protecting college students from credit card companies, these firms are actively targeting those customers before the laws take effect. According to ABC News, card companies […]
With millions of Americans out of work, many people are turning to credit card consolidation to make ends meet, but it seems that for people with the right skills, unemployment isn’t a problem. According to a recent report from the Associated Press, jobs in nursing, engineering and some other niche fields are not only paying […]
During the economic downturn, many people are looking to consolidate debt and reduce their spending with some turning to prepaid cards for help. And according to a recent study, the amount of money being loaded on those cards is rising. The report from Mercator Advisory Group finds that the amount loaded on both closed loop […]
With credit card problems forcing many people into getting debt consolidation loans or looking into credit card counseling, new proposals from the Federal Reserve are aimed at helping people avoid those solutions by placing limits on interest rate hikes. The proposal announced today from the Fed would amend Regulation Z – the so-called Truth In […]
While it may not be as advisable as other credit card debt solutions like a credit counseling service, one woman’s YouTube rant aimed at Bank of America has resulted in having her interest rate reduced. Earlier this month, California resident Ann Minch posted a video on YouTube after she said Bank of America had raised […]
As many suffer from credit card debt and are forced into bill consolidation to help make ends meet, Americans are looking for as many ways to make money as possible, and in North Carolina, getting a $10 gift card to Wal-Mart is as easy as taking a trip to the doctor. MSNBC reports that health […]
Although plans in place through the Credit Card Act which passed through Congress earlier this year were aimed at making it harder for credit card companies to target students, one California college appears to be making it easier, which could lead to the need for credit card counseling for some students. The Stanford Daily, the […]
Two Democrats from the House of Representatives are planning to announce a proposal to move up the implementation of a new consumer protection law regarding credit cards by two months. The proposal, from Representatives Barney Frank and Carolyn Maloney, would move up the application of the Credit Card Act of 2009 from February 1, 2010 […]