Posted on Monday, 29th September 2008 by Sam
This is interesting…
Up until recently, when he donated most of his wealth to charity, Warren Buffett was the richest man on the face of the earth. If you had a net worth of more than $60,000,000,000 you would think your credit score would be perfect. Not the case with good old Warren - his FICO [...]
Tags: berkshire hathaway, credit cards, credit score, warren buffett
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Posted on Sunday, 28th September 2008 by Nicole
Consumer Reports magazine ranked credit cards by issuer. The ratings were based on cardholders’ experiences they’ve had with fees, interest rates, and customer service.
There were 21 major credit card companies ranked and the major ones are displayed below…
A few of the company’s rankings are about where you would expect them, but a couple are a [...]
Tags: american express, credit cards, customer service, rankings, ratings
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Posted on Tuesday, 23rd September 2008 by CreditCardGuru
The “mother of all bailouts” is what they’re calling it – the $700 billion bailout of the U.S. financial market. Under the current plan, the government will buy back distressed assets from private holders on Wall Street.
Now how much the cookie crumbles depends on what types of debts are included. Will it only be mortgage-backed [...]
Tags: credit cards, government bailout, mortgages, taxes
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Posted on Wednesday, 17th September 2008 by CreditCardGuru
Bear Stearns… Fannie Mae… Freddie Mac… AIG… Washington Mutual… and the list goes on. With this unprecedented turmoil in the financial markets, little attention is given to what impact this has on credit cards. Fortunately, credit cards are one of, if not the only, player in the financial sector that will emerge relatively unscathed from [...]
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Posted on Sunday, 7th September 2008 by CreditCardGuru
Across the globe people are increasingly turning to the convenience and security of card payments instead of using cash or checks. Visa International is at the forefront of this explosive growth – generating $3 trillion in sales volume and is accepted in more than 150 countries. Visa’s general manager of the Middle East, Kamran Siddiqi, [...]
Tags: credit cards, growth, international, iraq, middle east, overseas, visa
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