Posted on Wednesday, 29th October 2008 by Sam
Most credit cards offer rewards on purchases. Now what if those rewards were put in the government’s pocket instead of your own?
If Anthony Pollina, an independent candidate for the governor of Vermont gets elected, that may happen. Pollina propose creating a “Vermont credit card” which would be issued by Vermont banks. He claims the card [...]
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Posted on Thursday, 23rd October 2008 by Nicole
With all the gloomy banking news here’s something to lighten the mood…
Did you know in 1999 David Bowie had his own retail bank? They even issued a MasterCard debit card. The operation closed shop shortly after. Apparently customers don’t desire debit cards with David Bowie’s mug on them.
Other celebrities that have dipped their toe in [...]
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Posted on Tuesday, 14th October 2008 by CreditCardGuru
Although we have not had any credit card crisis *yet* during this global financial meltdown, it’s interesting to take a look at what companies are most exposed should this happen.
As expected, some of the biggest card card issuers are listed. The amount of total credit card debt is not the issue, but rather the percentage [...]
Tags: banking, credit cards, financial crisis
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Posted on Friday, 10th October 2008 by CreditCardGuru
Depressing is an understatement when the Dow experiences the biggest one week drop in history, both in points and percentage. While Wall Street is experiencing its own financial crisis, most of us are experiencing a personal financial crisis to at least some degree. Here are a few tips to keep your own credit in check.
1. [...]
Tags: balance transfer offers, credit cards, financial crisis, frugal, saving money
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Posted on Sunday, 5th October 2008 by CreditCardGuru
This information was found on Alpha Consumer by Kimberly Palmer.
Last Monday Citigroup agreed to take over Wachovia for $2.2 billion in a deal facilitated with the help of the FDIC. This did not include Wachovia’s retail-brokerage or asset-management units. Then just four days later Wells Fargo announced it was purchasing all of Wachovia in an [...]
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