Posted on Friday, 27th February 2009 by CreditCardGuru
In this economy, many are struggling to pay for basics like food on the table and a roof over their head, let alone elective cosmetic procedures. But the sour economy did not stop a 44 year old Florida woman, Julianne Johnson, from getting the boobs she always wanted - she allegedly turned to credit card [...]
Tags: boobjobs, breast implants, credit card fraud, plastic surgery
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Posted on Monday, 23rd February 2009 by Nicole
With some of the credit card practices going on lately, it should come as no surprise as to why the Fed passed future credit card reform in December, and now Sen. Dodd is trying to make that happen sooner. Take for example Chase began charging approximately 400,000 customers a monthly fee of $10 if they [...]
Tags: chase class action lawsuit, chase credit cards
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Posted on Thursday, 19th February 2009 by CreditCardGuru
A recent story on BBC recently reported that the payment method of the check turned 350 years old on Monday. Which brings us to the question… how much longer will checks be around? Most Americans born in the eighties and later have never even had their own check book because they use online bill pay, [...]
Tags: banking, checks, credit cards
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Posted on Sunday, 15th February 2009 by CreditCardGuru
After years of credit reform legislation stalling in the House and Senate, the Federal Reserve passed regulations on their own back in December, but as you probably heard those new rules don’t go into effect until July 2010.
Christopher Dodd, the Chairman of the US Senate Banking Committee, recently proposed credit card reform be passed in [...]
Tags: christopher dodd, credit card reform
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Posted on Tuesday, 10th February 2009 by CreditCardGuru
Starting March 1st Citi airline rewards will be a lot less rewarding! Previously the rewards program was based on fixed points given out. Now points are variable.
Now redeeming them will mean 100 points for every $1.00. Do the math and you will see that means 40,000 points will be needed for $400 flight. Before domestic [...]
Tags: airline credit cards, citi credit cards, frequent flyer points
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Posted on Wednesday, 4th February 2009 by CreditCardGuru
The government (our money) put over 306 billion (that’s with a “b”) dollars of liability on the line to bail out Citigroup alone. So what are they doing with that money? Well one thing they’re doing is suing a little mom and pop pawnshop for alleged copyright infringement.
Last week Citigroup filed suid against a Brooklyn [...]
Tags: cit, citi credit cards, citigroup, credit cards, financial meltdown
Posted in Uncategorized | Comments (3)
