This Huffington Post article puts a big spotlight on all of the money that credit card companies and banks are making by being the broker of donations to charities that support rescue and aid over in Haiti: About 97 percent of these donations will actually make it to the designated organizations — but the other … Read more
This article on MSN Money misses a bit in the title: Banks punish perfect customers The article is another one on how credit card companies are hitting otherwise conscientious users with annual fees. The users that are being targeted now are those who pay their bills on time and don’t carry a balance. These are … Read more
Caught this in a tweet from Wise Bread: Latest bank fee is for paying off credit card on time every month The target of new fees for credit card issuers is people who haven’t paid them yet, among others. I mean, why should people who carry a balance, miss payments, or go over their limit … Read more
At lunch yesterday I saw this: Now even God takes credit cards! The article lists a number of new (or relatively new) places that have come to accept plastic for payment, and number 2 on the list was churches. Some churches now have debit- and credit-card kiosks for charging a donation. (Closely related to this … Read more
(This is a guest post from Mr Credit Card of Ask Mr. Credit Card. If you like his style, you can subscribe to his feed.) Firstly, I would like to thank John for the opportunity to guest post here and also for giving me the opportunity to host the Carnival of Debt Reduction on numerous … Read more
Dual Income No Kids posted this video about ongoing legislation that would work to rein in credit card companies. You might think that because I manage a blog carnival on debt reduction that I’d be all for something like this. After all, it would help people get out of debt faster if there were more … Read more
I felt like we dodged a bullet tonight. I was checking balances on some of my accounts and I loaded up the balance on our primary checking account. I knew it was going to be low. We had had a couple of big expenses (a six-month car insurance premium and a replaced central air system) … Read more
Liz Pulliam Weston clarified something that I’ve been at odds with for a while. How can I manage the Carnival of Debt Reduction and still encourage people to get a credit card to save at the pump? Here’s what she said right at the beginning of her article, 9 Reasons to Love Credit Cards (emphasis … Read more