The Credit Card Accountability Responsibility and Disclosure Act of 2009, goes into effect next week on February 22, 2010. While the Act is supposed to protect consumers from getting in over their heads, I have to wonder if it’s going to. I don’t think it’s going to keep people who are desperate for credit, either [...]
Continue reading...Monday, February 15, 2010
Maybe this has happened to you: You pay off a credit card. The credit card company reports to a credit bureau that you are delinquent on the debt. You dispute the report. The credit card company corrects the report. Then it happens three more times. The credit card company reports default. You dispute. Credit card [...]
Continue reading...Wednesday, February 10, 2010
Lately, your phone has been ringing non-stop. Your credit card company is calling and wants to know when they are going to get paid. Even worse, they’ve started calling you at work. Can they talk to your boss or co-workers? Human resources? It depends. Generally, without the prior consent of the consumer given directly to [...]
Continue reading...Monday, February 8, 2010
If you’ve had a checking account, at some point you’ve probably been in the red. It’s especially an easy thing to do in this Electronic Age when all you have to do is whip out your debit card and keeping track of your balance can be either as easy as checking it online or as [...]
Continue reading...Sunday, February 7, 2010
Know what I hate? I hate having any work done on my car. I hate going into the shop and being at the complete mercy of the mechanic, because I don’t know anything about how cars work. Well, I don’t know anything about how cars that were built after 1980 work. Same goes for doctors. [...]
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Tuesday, February 16, 2010
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