One thing that none of us ever wants to deal with is having our identity stolen. No matter how your identity gets stolen, it is one of the biggest invasions of your privacy to have someone besmirch your good name and trash your credit by making unauthorized purchases, getting fraudulent loans and doing whatever they […]
How To Deal With Your Creditors. David Style!
By applying these 5 principals to my life I was able to deal with my creditors, similar to how David dealt with Goliath. Here’s how to be victorious as well
New Credit Card Rules Take Effect: CARD Act Of 2009
Credit Card Accountability, Responsibility and Disclosure Act (CARD) of 2009 On May 22nd, 2009 Barack Obama signed new legislation into law called the Credit Card Accountability, Responsibility and Disclosure Act of 2009 (Credit CARD Act). The law was supposed to force credit card companies to become more transparent with their fees, interest rates and other […]
Consequences Of The Credit Card Reform Act – Watch Out!
New credit card reform laws are going into effect in February of 2010 to provide more consumer protection. The reform was put in place to deal with what were some abusive practices of interest rate hikes and fees. You may recall a post from Pete earlier this year in which he talked specifically about the […]
Credit Cards: Why I Love Them And Why I Hate Them
Why I Love My Credit Card If you’re read my site for a while you may be a bit surprised to find out that I actually do use a credit card. I’m usually the one that’s first to tell people that they shouldn’t use credit, and that they should save up for things that they […]
Lawmakers Push For An Extension Of The $8000 First Time Homebuyers Tax Credit Into 2010 In Proposed Bill
Since earlier this year we’ve been talking a lot about the $8000 first time homebuyer tax credit that was passed as a part of the 2009 Economic Stimulus Package. The credit has been available for first time homebuyers since January 1st, and will continue to be available until November 30th. Now that the program is […]
First Time Homebuyer Tax Credit May Be Extended To All Homebuyers And Increased to $15,000 Through New Bill
The last few months have seen an increase in home sales to first time homebuyers, as well as a slight improvement in the real estate market as a whole. A lot of people feel that this is largely due to the first time homebuyer tax credit that the Obama administration passed earlier this year. The […]
Five Things That Don’t Affect Your Credit Score
With a shaky economy and tightening credit terms, it can be easy to be paranoid about your credit score. If you’re planning a major financing or recovering from bad credit, it’s not unsurprising that you’d be as self conscious and mindful about your credit score as a supermodel would be about her (or his) weight. […]
Examples of Questionable Business And Marketing Practices And How Not to Fall for Them
First, I would like to thank Peter for letting me write an article here. Being a Christian myself, I have been very impressed with how Peter shares his thoughts about what the bible says about money and other things. I would like to talk about and highlight shady business practices, how many still fall for […]
New Legislation Will Bring Changes To The Credit Card Industry
If you’ve been reading this blog for any period of time, you probably know that I’m not a huge fan of credit cards. As a Dave Ramsey fan and facilitator for his Financial Peace University class, you’d probably understand why. In general I think that using debt and credit are just poor ways to get […]
Are In Store Credit Card Offers Becoming More Aggressive?
Have you been noticing an uptick in pushy sales associates offering you store credit cards as well? Are the stores pushing credit cards more aggressively?
Are You Emotionally Invested In Your Credit Card?
I was listening to the Dave Ramsey show on my way to work this morning, and Dave was talking to a caller on his show that had just taken the plunge, pledged to go no further into debt and then cut up his credit cards. He was talking about how it had been extremely hard […]
Tip: The Credit Card Companies Are Not Your Friend, They Just Want Your Money
I’ve noticed lately that the credit card companies are using a new tactic (or at least new to me). They’re doing things for cardholders that on the surface appear to be helpful in order to make you think that they’re on your side. They’re you’re friend, and they’re here to help you! I’ve seen a […]
Video: The Crisis Of Credit Visualized
The current economic downturn that we’re experiencing can be quite overwhelming at times. It’s tough to understand, and when people try to explain, it’s easy to get lost in all the details. I found a video online that does a good job of looking at the current credit and housing crunch, and explaining how it […]
