Category:
Credit Cards
The soaring popularity of prepaid cards will be put to the test over the next year as providers adjust to new regulations handed down by the Consumer Financial Protection Bureau…
Ric Edelman, a financial adviser who is a best-selling author and syndicated radio show host, remembers the days when everyone rushed to the bank on a Friday afternoon to cash…
If you want to break up the loud party that your neighbor’s millennial kid is throwing in his basement bedroom, don’t call the cops. Just barge over and pass out…
How to Reduce Credit Card Interest Credit cards have some great perks (who doesn’t love cash back?), but pesky high interest rates can cancel out those benefits. High interest rates…
Dave Ramsey has made the term “Debt Snowball” famous, but if you’re buried under an avalanche of debt, is his remedy more like a debt snow job? Ramsey disciples would…
Using credit cards to cover expenses is a fact of life for many people. Credit cards are convenient and easy to use, but thanks to ultra-high interest rates, they’re even…
How To Manage Credit Card Debt Managing credit card debt can be difficult and complicated. Before coming up with a debt relief strategy that works for you, you should learn…
If your monthly debt payments outside of mortgage or rent exceed 20% of your income, you have a debt problem that requires attention. The good news is you have options.…
Mark Boileau of Dallas recently bought a new Toyota Prius with the help of a “convenience check” issued by his credit card company. But his experience turned out to be…
With online banking available at the click of a button, it’s become easier than ever to manage credit cards, even if you have multiple accounts. When you use credit card…
Sources:
- NA, (2016, October 25)CFPB Monthly Complaint Snapshot Spotlights Prepaid Product Complaints. Retrieved from http://www.consumerfinance.gov/about-us/newsroom/cfpb-monthly-complaint-snapshot-spotlights-prepaid-product-complaints/
- NA, (2016, October 50 CFPB Finalizes Strong Federal Protections for Prepaid Account Consumers. Retrieved from http://www.consumerfinance.gov/about-us/newsroom/cfpb-finalizes-strong-federal-protections-prepaid-account-consumers/
- Marte, J. (2016, October 5) Prepaid card users are finally getting some of the same protections as credit card users. Retrieved from https://www.washingtonpost.com/news/get-there/wp/2016/10/05/new-rules-could-make-prepaid-cards-more-similar-to-credit-cards/
- Cowley, S. (2016, October 5) Prepaid Debit Cards Users Will Get New Federal Protections. Retrieved from http://www.nytimes.com/2016/10/05/business/prepaid-debit-cards-users-will-get-new-federal-protections.html