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New Credit Card Law – Helps or Hurts?

May 26th, 2009 | No Comments | Posted in Credit Cards by greg
With the passage of the new Credit Card Accountability Responsibility and Disclosure Act of 2009 also known as the Credit Cardholders' Bill of Rights Act of 2009, the Obama administration is being hailed as the savior of the little guy. President Obama wants to ensure that people use cards wisely ...
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New Credit Card Rules Designed to Help the Consumer

May 19th, 2009 | No Comments | Posted in Credit Cards by greg
President Obama is poised to sign a new credit card consumer protection bill into law as early as this week. The new bill is designed to provide some relief to the American consumer during this time where many are dealing with a loss of job or decrease in hours. ...

New Rules of Credit Card Debt

April 8th, 2009 | 2 Comments | Posted in Debt, Savings by greg
In the latest article from U.S. News and World Reports, financial expert Suze Orman unveils a ‘slight’ shift in some time-honored advice. Because of the increasing number of people losing their job, Orman suggests that people should stop paying extra on their debt until they have at least 8 ...

How to deal with credit card collectors

March 20th, 2009 | No Comments | Posted in Collection by greg
With the economy struggling to stay afloat and unemployment higher than it has been for years, a lot of people are falling behind with paying their credit card bills. First, let me say that I would rather you fall behind with your credit cards than your electric bill. ...

Financial Goals for 2009 (part 2)

January 1st, 2009 | No Comments | Posted in Debt, Savings by greg
We are looking at financial goals for the New Year. MSN Money lists 6 financial milestones to reach before age 30. If you are already over 30, these milestones are still worth looking into, but the real question is whether or not these milestones are good goals. ...
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Credit card debt is a killer!

December 21st, 2008 | No Comments | Posted in Debt by greg
I have mentioned before how we budget for Christmas and save a little each month until time to start shopping. When January 2009 rolls around we will have accumulated exactly $0 in debt. It is a great feeling and one that we will continue to enjoy. If ...
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