Archive for 'Credit Cards'
AmEx Rates Credit Risk By Where You Live, Shop
As the global credit crunch reaches from Wall Street to Main Street, guilt by association has become a tool for evaluating the creditworthiness of American Express customers.
Among other criteria, cardholders are seeing limits reduced because of where they live, where they shop and who holds their mortgage.
MSNBC
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Technorati Tags: American Express, Amex, Cardholders, Credit [...]
Posted: October 14th, 2008 under Credit Cards, Credit Crisis, Money, Personal Finance, US Economy.
Tags: American Express, Amex, Cardholders, Credit Risk, Creditworthiness, Global Credit Crunch, Guilt By Association, Mortgage, Msnbc, Wall Street
Comments: 4
Late Payments of Estimated Taxes Can Be Smart Move
Need a loan? In today’s lousy credit environment, securing one may not be much fun. It may not even be possible (at least at reasonable rates) — unless you have access to an untapped home equity line of credit or a helpful relative.
If you do, that’s great. If not, I’ve got a solution for anyone [...]
Posted: August 20th, 2008 under Credit Cards, Equity Line Of Credit, Home Equity, IRA, Income Taxes, Money, Personal Finance.
Tags: Cash Crisis, Crash Course, Credit Cards For College Students, Current Interest Rate, Current Rate, Equity Line Of Credit, Estimated Taxes, Federal Income Tax, Federal Income Taxes, Financial Planner, Home Equity Line, Home Equity Line Of Credit, Income Tax Payments, Installments, Late Payments, Loan Officer, Payroll Withholding, Pension Payments, Personal Finance, Retirement Account, Salaried Employee, Smart Move, Smartmoney, Social Security Benefits, Students Questions, Withdrawals
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Fed Approves Crackdown on Unfair Credit Cards
The Federal Reserve is taking steps to crack down on “unfair and deceptive” credit card industry practices that have added to the financial woes of millions of people trying to cope with the economic downturn. The Fed on Friday gave approval to proposed rules that would target credit card companies that arbitrarily raise interest rates [...]
Posted: May 2nd, 2008 under Credit Cards, Federal Reserve, Personal Finance.
Tags: Adequate Time, Banking Industry, Borrowers, Consumer Choice, Consumers, Crack, Crackdown, Credit Card Companies, Credit Card Industry, Credit Cards, Economic Downturn, Federal Reserve, Financial Woes, Industry Practices, Interest Rates, Lawmakers, Proposals, Taking Steps, Target
Comments: none