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By Mark P Cussen, CFP, CMFC Economists are saying that the recession is over, but several major banks recently stated that the default rate on their credit cards were at an all-time high, and likely to get worse. According to a Reuters report, credit card defaults are attributed to…
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The Credit Card Act has several major rules that
credit card companies need to follow. However, are they really
being followed now? You would think that the big banks or card
companies like a Bank of America or a HSBC credit card would be… Read More »
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A long time ago, people used credit
cards so they can make big purchases. However, this trend is
changing right now, as more and more people are finding ways to use
it in different ways. And given how convenient and easy it is to
use,… Read More »
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A long time ago, people used credit cards
so they can make big purchases. However, this trend is changing
right now, as more and more people are finding ways to use it in
different ways. And given how convenient and easy it is to use, it
is really not hard to imagine why -- credit cards are one of… Read More »
- Let’s talk: Comment (0) | Blog
- Email to a Friend
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merry christmas Read More »
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