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Entries from September 24th, 2008

Citibank Admits to Stealing from its Customers

September 24th, 2008 · 1 Comment · Credit Cards

It sounds like a sensationalistic headline, right? Stealing? Isn’t that too strong a word? Nope, it happens to be the truth. Citibank was actually removing excess cash from statements, and also stealing from the recently deceased. This is a another great reason to read your statements every month. [...]

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College Campuses Banning Credit Card Marketing

September 23rd, 2008 · 1 Comment · Consumer Debt, Credit Cards

Student credit card debt is a problem. The average college graduate carries $2,748 in credit-card debt, according to a 2007 survey by student lender Nellie Mae. And nearly one in four graduates leaves school with more than $5,000 in credit-card debt, according to a recent survey by Zogby International that was commissioned by credit [...]

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10 Reasons to Give Money Away

September 22nd, 2008 · No Comments · Banking, Budgeting

Give money away in this environment? There’s always some worthy cause especially in this environment. Some people believe that we can give only out of selfish motives. So, for those of you who might want to give but need a few selfish motives, here are ten benefits to giving away some [...]

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All Credit Scores Are NOT Created Equally

September 19th, 2008 · 2 Comments · Credit Reports

In other (more lengthy) words, your credit score will not be “calculated” in the same way contingent on which credit reporting agency you request it from.  With so much emphasis on a consumer’s credit score in today’s tumultuous economy, when you request your credit score, you want to see the same score that a potential [...]

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