Credit CARD Act

Have we come to terms with the realities of money and credit at last?

By April Lewis-Parks While it is not surprising that a large number of Americans have begun to sort out their personal finances in the wake of the economic downturn, they have also become more cautious about opening new accounts, especially credit card accounts. People’s credit card habits have been altered by the recession, according to […]

Beware of Gift Card Fees

By Kathryn Katz Not everyone enjoys shopping – the crowds, the time it takes to check out and the hassle of trying to find the perfect gift for a variety of people with differing tastes. That’s why gift cards are so convenient. There are two types of gift cards. The first is the retail gift […]

More People Falling into Business Credit Card Debt Traps

By April Lewis-Parks This week, Senator Charles Schumer made headlines again after he asked the Federal Reserve to provide more protection for consumers against business card issuers. The Credit Card Accountability, Responsibility and Disclosure Act that went into full effect on August 22 does not affect business card companies. The Associated Press reports that Schumer wrote a […]