Archive for May 2010

The Credit CARD Act: Time to Change Your Relationship with Lenders

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I could feel the pain felt by every credit card user who suddenly realized it could take forever to retire their debt. The notice from the credit card company said if I paid the minimum balance their way, it would take 502 years to settle the account.
The good news was that account terms must now [...]

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Published on May 27th, 2010 - Leave a Comment
Filed under: Credit Card Habits

Rewriting Three Key Credit Card Rules

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It’s hard to hear the phrase “personal finance expert” on late-night television without cringing at the thought of what comes next. At times, you’ll hear three of the same, warmed-over chestnuts about how to manage your credit cards to boost your personal credit. Yet in the past few months, drastic changes in the banking industry [...]

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