Credit Card Rules Must Change
If you want an idea of how angry consumers are at credit card companies, get a load of the complaints e-mailed to the Federal Reserve about efforts to prohibit unfair practices by credit card companies. “I have been the victim of credit card companies who have subjectively raised my interest rates,” said Jon C. Kubic [...]
Surviving credit card temptation in college
Debt 101: Jennifer Moreau, a fourth-year student at Louisiana Tech University in Ruston, knows quite a few people who have looked to credit cards or loans to make it through college. And some of her peers have fallen victim to credit card debt.
It’s a miserable situation. And it ruins your credit, which is extremely important [...]
Credit Education Web Site
Citi enhances its credit education web site UseCreditWisely.com, offering new interactive tools and resources to help consumers understand and manage their credit. Credit is a powerful financial tool, and for years, Citi , the world’s largest issuer of credit cards, has been dedicated to helping consumers understand the importance of responsible credit management with its [...]
The Shift To A Consumption Based Economy Fueled By Credit Card Debt
– Has It Been Good For America?
There has been a marked shift in the American attitude towards spending during the past century, one that has resulted in concepts of thrift being tossed to the wayside, as consumption rises up to rule the day. While this change had its roots in the late 19th century, as [...]