Why, in the age of online banking, would anyone resort to balancing a check book?
Will debt collectors force Michael Jackson to beat it?
MainStreet caught up with 30 Rock star, Tina Fey, and asked the American Express card holder for some financial advice.
Stimulus package could do more harm than good for consumers.
I find it amazing that investors and consumers alike do not fully grasp how the consumer credit markets operate, what companies are involved in the various aspects of the credit card market and how credit cards can be effectively used. Given that April is Financial Literacy Month, it's an opportune time to delve into these issues.
According to the complaint, the company claimed it would teach their clients how to manage their money for no upfront fee. AmeriDebt allegedly took their clients' first monthly payment as a fee instead of distributing it to creditors. By the time creditors got any type of payment, the client was already behind and at risk of having their credit damaged even more.
What's your favorite pizza topping?
That's not an idle question when it comes to protecting your identity. In fact, it's one of many security questions now being used by banks to verify your online banking transactions.
I find it amazing that investors and consumers alike do not fully grasp how the consumer credit markets operate, what companies are involved in the various aspects of the credit card market and how credit cards can be effectively used. Given that April is Financial Literacy Month, it's an opportune time to delve into these issues.
Citigroup(C ) on Monday announced it was splitting its consumer banking and credit card divisions into two separate units, part of an organizational reshuffling undertaken by recently installed CEO Vikram Pandit.
Debt consolidation plans look good, but the question is whether they really work.
You've seen the ads on television or on the Internet promising to help you get out from under the mounds of credit-card debt you've accrued over the years. While their flashy images and promises to get rid of your debt are hypnotic, credit-strapped consumers need to look beyond the hard sell before signing up.
