Apr 6, 2009
The victories just keep pouring in. Rep. Carolyn B. Maloney (D-NY) the sponsor behind H.R. 627, has got her bill through the sub-committe which provides the U.S. consumer one more tool towards protection from greedy credit card companies that have been running rampant with abuse for so long. The “Credit Cardholders’ Bill of Rights,” provides crucial protections against unfair, but unfortunately common, credit card practices.
Here is the summary of this bill, and what it will do for the consumer.
Ends Unfair, Arbitrary Interest ... Read More
Mar 5, 2009
We talked about this last fall. Credit card companies that abuse their authority, and make a huge negative impact to the consumer. American Express, Chase Cut Card Limits, how does this effect you? What can you expect in the future, and what can you do to stop this sort of abuse. All of these are valid questions, but the answers might shock you.
Let’s first visit the idea of what your credit card payments are going to be with this new “Terms of ... Read More
Feb 5, 2009
Since the inception of "TARP" a long list of comapnies have applied for federal relief. Some of the biggest hitters applying for TARP have been hit hard in their own wallets now. We have the list of companies who applied for and recieved Bail Out money, we also have some interesting numbers on how much of a pay cut their upper level executive crust will take. Read More
Apr 17, 2008
Bank of America gets the spot light now. Ken Lewis raises your rates, find out what you can do about it. By the way Ken, your slogan "Higher Standards", we hope the rest of the industry doesn't follow your lead. We encourage comments from the executives at B of A.
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