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Tag Archives: card

Are Stay-At-Home Mom’s At Risk For Being Denied Credit?

The Federal Reserve has recently proposed new rules in credit card lending to only consider one’s personal income and not the household’s income. Essentially, this sounds smart. They are trying to prohibit those without a steady income from taking on credit, especially those unable to repay their debt. However, Margaret Ryznar points out an outstanding point in her most recent ... Read More »

    Terry Goddard Highlights Changes in Credit Card Regulations

    justball-144x125

    (Phoenix, Ariz. – March 9, 2010) Attorney General Terry Goddard today advised consumers about recent changes in federal law that require credit card issuers to disclose more information to customers. These laws also affect how the credit cards are marketed, advertised and managed. Last year, Congress passed the Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009, which gives ... Read More »

      http://twitpic.com/qj5qq What people look like when the credit card bills arrive.

      justball-144x125

      getoutofdebtguy: What people look like when the credit card bills arrive. Read More »

        Expect Tidal Wave Of Limit Reductions and Credit Card Closures to Hit Before Christmas

        justball-144x125

        Yesterday I wrote about a little old hardware store that had noticed an increase in card purchases over cash. That’s not a good sign if people are using plastic more for routine things and especially in this environment of credit card issuers reducing credit limits, raising interest rates and closing cards. You see, the credit card issuers are getting freaked ... Read More »

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