Is getting a discount on the kind of things you already buy worth banks sharing your shopping habits without your permission?
Entries from July 13th, 2011
Beware of Targeted Discounts Offered Via Bank-Merchant Partnerships
July 13th, 2011 · No Comments · Your Money
Tags: banks·Citi·debit card transation fees·Discover·Dodd-Frank·financial reform·merchants·shopping habits·targeted discounts·Wells Fargo
New Guidelines Promises Credit Score to ALL Loan Applicants
July 12th, 2011 · No Comments · Consumer Info
Last week, we blogged that credit scores would be given to all loan applicants who were denied credit. New rules issued last week by the Federal Reserve and Federal Trade Commission would require all lenders to give out the credit score used to determine the interest rates and credit terms on on credit cards and [...]
Tags: CFPB·Consumer Financial Protection Bureau·Credit Scores·Dodd-Frank·Federal Reserve·Federal Trade Commision
Rising Unemployment Suggests Consumer Confidence Fueling Increased Credit is Running On Fumes
July 11th, 2011 · No Comments · Credit Cards
It’s a good thing banks are releasing more lines of credit to consumers, but rising unemployment suggests “consumer confidence” fueling increased credit could be running on fumes.
Tags: credit·Credit Card Companies·Credit card debt·Credit Card Offers·Credit Cards·debt·debt ceiling·stimulus·Unemployment
New Law Gives Unemployed Homeowners 12 Months Before Foreclosure
July 8th, 2011 · 5 Comments · Mortgages
Instead of the current 4-month cut-off, a new forbearance extension program gives unemployed homeowners 12 months before foreclosure.
Tags: Federal Housing Administration·forbearance·foreclosure·homeowners·Mortgage·unemployed
