The horror stories about credit cards are real. Far too many people have used them irresponsibly and dug themselves a deep, deep financial hole that takes years or decades to get out of. But those unfortunate tales shouldn’t overshadow the very real fact that credit cards have revolutionized how we live, arguably doing for commerce… Continue reading The Comeback Card – Secured credit cards offer a helpful route to the real thing
Author: Curtis Arnold
How To Use A Secured Card To Rebuild Your Credit
Who among us hasn’t needed a second chance? Or a first opportunity? For the millions of Americans who were battered by the Great Recession and came out of it with a tattered credit score, plus the legions of young people who haven’t had a chance to earn and spend money wisely, these are not abstract… Continue reading How To Use A Secured Card To Rebuild Your Credit
Are Prepaid Cards Making Checking Accounts Obsolete?
If you grew up in the 1970s, 80s or even 90s, you’ll remember how hard it could be to have a private phone call. Plenty of households had just one phone with a cord, which made it nearly impossible to avoid eavesdropping siblings and parents. Of course, we all know what happened to landlines when… Continue reading Are Prepaid Cards Making Checking Accounts Obsolete?
In-case you missed it… Stories of Interest: 4/11/2014
In-case you missed it; The best from the world of personal finance blogs – all in one place Financial lessons from “Downton Abbey” There are plenty of people – Anglophiles and lovers of tawdry storylines, in particular – who just can’t get enough of “Downton Abbey.” But for Money Crashers writer, Jacqueline Curtis, the… Continue reading In-case you missed it… Stories of Interest: 4/11/2014
Capital One Introduces Credit Monitoring Tool
Credit bureau monitoring, in particular, is meant to address anxiety people have about identity fraud. Capital One customers utilizing Credit Tracker will now receive an alert whenever a new account is opened in their name or if there is a change of address or employment, all of which are indicators of potential identity theft.
American Express Announces Financial Inclusion Efforts at SXSW 2014
Appropriately enough, American Express chose SXSW as the place to show a trailer to a movie it is helping produce. The film, Spent: Looking for Change, premiering this summer, is a documentary that tells the stories of ordinary Americans who are frozen out of the traditional financial system. Forced to rely on expensive options like payday loans and money orders, the movie shows how time-consuming and costly it is for an estimated 70 million Americans to move money around and pay bills, tasks that people with bank and credit card accounts take for granted.