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Entries from February 27th, 2009

The United State of Credit in America

February 27th, 2009 · No Comments · Consumer Info, Credit Reports

Bet I got your curiosity peaked with that Title! Any guesses what we are talking about (other than the state of  “poor”, or “no”)? All kidding aside… We ran across a kind of cool interactive map of the United States that shows which parts of the country are defaulting on mortgage and credit-card loans. The [...]

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Capital One Admits Third Party Collector is Handling Account Though Lawsuit Names Them as Plaintiff

February 26th, 2009 · 65 Comments · Debt Collection

I’ve been enjoying the wonderful blog by SJ Mills at CAIPNJ.ORG as of late and his one man fight against Capital One and the company whom he calls Cap One co-conspirators, Pressler & Pressler, LLP. Mr. Mills was sued by Pressler and Pressler, who named “Capital One” as the Plaintiff in the case. It turns [...]

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$300 Reward Offered by Credit Card Company to Close Your Account

February 25th, 2009 · No Comments · Credit Cards

The concept of credit card rewards programs is one that is near and dear to my heart, but this sounds too good to be true; $300 cash just to agree to close my account? Tell me more!!! New York based American Express announced this week that it will  pay certain cardholders $300 each (actually, in [...]

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Using a Credit Card to Pay Taxes: Not a Good Idea!

February 24th, 2009 · No Comments · Credit Cards

The IRS has implemented a number a changes to it’s policies in the last several years, and believe it or not, some of them (such as free e-filing) are actually beneficial to the taxpayer! Paying your taxes with a credit card, however convenient this may appear, is most likely not a wise financial decision for [...]

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