Recently, I was a guest on WOOD Radio in Michigan talking about credit card offers that feature bonuses and perks. A whopping 58 percent of credit card offers consumers receive in the mail feature a sign-up bonus or a gift of some sort. Credit card issuers are loosening up the purse strings a little, but as always, the… Read More
You aren’t likely to pay much attention to forced arbitration clauses until you get trapped by one, and by then it’s too late. These clauses, found in many consumer contracts, take disputes out of the courts, and require settlement through an arbitrator. The arbitration process is supposed to be cheaper, faster, and more fair than… Read More
Today’s top news headlines feature the results of a new poll that shows college students think their education is worth the cost and another state’s plans to cut jobless benefits. Plus, find out why Facebook has become a new investigative tool during divorce proceedings. College Graduates Say Education Is Worth The Price Reuters A new… Read More
The Obama administration proposed a new federal law that would require companies to notify consumers and the federal government about data breaches that could expose people to identity theft. In most cases, companies would have to notify consumers that their personally identifiable information has been compromised within two months of the breach. “The Administration proposal… Read More
How does one go about reporting your on-time payments with the utility company to the credit bureau to establish your credit history?
New statistics from the U.S. Bureau of Economic Analysis shows that consumers’ mortgage debt has tumbled nearly $100 billion over the last year, according to a report from USA Today. This amount is about equal with a year’s worth of nationwide unemployment benefits, or the cost of the new Social Security payroll tax cut. [Resource:… Read More
What’s your time worth? Would you outsource a simple, three-minute task for $375?
The United States has reached its self-imposed debt ceiling of $14.29 trillion, Treasury Secretary Timothy Geithner told Congress on Monday. The federal government will have to dip into retirement funds for federal employees just to stay open, Geithner said. The announcement immediately heightened political tensions in Washington. The Obama administration is urging Congress to increase… Read More
Today’s top news headlines feature reasons buying, rather than renting, may be more financially beneficial and a report suggesting consumer inflation may be on the decline. Plus, find out why health insurance companies are seeing profits increase. Buying May Be A Better Option Than Renting, Report Shows CNN Money New data reveals Americans may benefit… Read More
Paying unemployment benefits with prepaid debit cards instead of paper checks may seem like an obvious win-win. States get to save money on printing checks. And people who are out of work get to avoid spending precious money on check-cashing fees. But in many states, prepaid cards are actually a win-lose, according to a new… Read More