This Degree Will Cost Me How Much?!

May 30, 2011

For decades, conventional wisdom told us that you needed to go to college if you wanted to have a professional career and make a high salary. If you wanted to be the boss, college was a must. Any money spent on a college degree would be recouped by the earning power gained from that degree. […]

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Visa Digital Wallet Just A Click Away

May 27, 2011

Visa Inc. is getting closer to launching its new digital wallet whereby people can make purchases online without having to pull out their credit or debit card to finalize payment. Visa is also working on solutions for people to use their smartphones to pay for in-store purchases at retailers. Visa’s digital wallet is set to […]

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Best Time for DIY Debt Settlement is Early

May 18, 2011

When you begin to realize your debts are mounting and you are about to lose control of your finances, it is in your best interest to begin the process of debt settlement on your own right away. Debt settlement sounds like a complicated process average consumers cannot handle on their own. Actually, it is this […]

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Credit Card Companies Ease Standards

May 11, 2011

Banks took a softer view toward consumers seeking new credit cards in the first three months of the year, according to the Federal Reserve’s April 2011 Senior Loan Officer Opinion Survey on Bank Lending Practices. The survey, which addresses the market of loans for businesses and households during the first quarter of 2011, found that […]

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Mobile Payment Wars: Credit Card Companies Arming for Battle

May 3, 2011

Payments are going mobile, and credit card companies do not want to be left behind. The big players are arming themselves to make sure that wherever the mobile payment field is headed, they get a little piece of the action. Visa Invests in Square Square is a mobile payment system that launched last May and […]

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Americans Shopping for Credit Cards — Again

April 30, 2011

According to the results of a recent survey by comScore, the findings reveal that Americans are feeling more optimistic about the economy. The optimism seems to be leading Americans to take on more debt. According to the comScore study of almost 2,000 Internet users and a research panel of 1 million U.S. consumers, 34% percent […]

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Recent California Supreme Court Ruling Drives Lawsuits

April 22, 2011

After a ruling in February in the California Supreme Court, it is now illegal for a retailer in the state to request the zip code of customers paying with a credit card. Apparently this information was being used for marketing purposes although consumers were led to believe otherwise. The result: more than 150 class-action lawsuits […]

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Consumer Spending Drives Economic Growth

April 21, 2011

The economy has been kicking back into gear, and consumer spending plays a big role in driving this upswing, as it accounts for 70% of the economy. With the recent profit increases credit card companies have seen, it seems consumers are back out there using their cards to make purchases instead of cash or debit […]

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ABA Reports an Improvement in Most Loan Delinquencies

April 15, 2011

Consumers are doing a better job of paying their credit card bills on time. According to a recent report by the American Bankers Association, bank-issued credit card delinquencies dropped to their lowest rate of 3.28% in the last quarter of 2010, compared with the 3.64% it had been in the previous three months. A delinquency […]

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Save Money with Credit Cards

April 14, 2011

One of the best perks to having a credit card is the rewards program many of them offer. Credit card companies use this benefit to attract new customers and keep their current ones. That doesn’t mean credit card reward programs are a free gift to you from the credit card companies; certain restrictions do apply, […]

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