Tag Archive | "finance"
Consumer Credit Options Trampled in Push for Financial Regulation
The newly proposed and widely debated creation of a Consumer Financial Protection Agency (CFPA) under house legislation (H.R. 4173) have critics questioning how its regulation could realistically help the current state of economic crisis and its potential for limiting consumer credit options, reports Pay1Day.com. In an article by South Carolina Senator Jim DeMint, the following was [...]
Continue reading...Bank of America Commits to Clarity for Small Business Customers
Tuesday, April 6, 2010
Two Million Small Business Customers Receive Credit Card Clarity Commitment and Improvements to Account Terms In line with its commitment to provide customers with clear and concise information, Bank of America has expanded its industry-leading Clarity Commitment® to its two million small business credit card accounts. The Clarity Commitment – a one-page summary of each customer’s [...]
Continue reading...Payday Loans Growth Likely After Card Act of 2010
Wednesday, February 24, 2010
According to Solomon Finance, payday loans lending may increase from the result of the new Credit Card Reforms, known as the CARD act, implemented on February 22, 2010. The new act enforces some stringent rules on credit card companies to protect consumers from ambiguous credit terms, fluctuating interest rates, and uninformed decision making. With [...]
Continue reading...Tax Time Is Great Time to Get Finances Organized
Saturday, February 13, 2010
Consumer Credit Counseling Service of Greater Atlanta Offers Strategies to Reduce Stress, Improve Financial Outlook Preparing to file your taxes provides a great opportunity to get your financial life organized. Not only will it help you save time, it can reduce stress, help you stay on track to meet your financial goals and [...]
Continue reading...Tips for Financial Success in 2010
Saturday, January 9, 2010
There is no doubt that 2009 was a rough year for many Americans. Consumers saw record high unemployment, credit card lines cut and an increasing number of debt repayment delinquencies. One positive statistic was that in 2009, consumers saved more than ever — reaching a personal savings rate high of 6.4 percent in May. This [...]
Continue reading...Black Friday Shopping: 2009 Online Statistics
Monday, November 30, 2009
PriceGrabber.com, a part of Experian, revealed today that shopping enthusiasts continued to take advantage of Black Friday promotions and incentives in popular product categories, such as MP3 Players, Plasma & LCD TVs and GPS. The most sought-after products on Black Friday 2009 included Wii(TM) Console, nuvi® 265WT GPS and Apple iPod® touch 8GB. PriceGrabber.com’s recent holiday [...]
Continue reading...Financial Facts Asks: Are Cash Back Credit Cards Past Their Sell-By Date?
Monday, November 30, 2009
New research has brought to light the shocking decline in the number of credit cards offering cashback options. 43 cards offered the feature back in 2005; in 2009, the number was down to a mere 13. However, as Stuart McKeggie, Head of Sainsbury’s Credit Cards, recognises “there are cards out there offering great reward alternatives.” [...]
Continue reading...Entrepreneurs Thrive During Hard Times According to Babson/Baruch U.S. GEM Report
Sunday, November 22, 2009
Entrepreneurial and business activities show positive signs during these hard times, according to the Global Entrepreneurship Monitor (GEM) 2008 National Entrepreneurial Assessment for the United States of America, produced by Babson College and Baruch College. * Entrepreneurship Increases: Total entrepreneurial activity (TEA) increased to 10.8% in 2008 from 9.6% in 2007. * Opportunity Obsessed: Opportunity continues to [...]
Continue reading...Consumers’ Optimism Toward the Economy May Bode Well for Retailers this Holiday Season
Thursday, November 12, 2009
Philadelphia shoppers are more optimistic about the economy and their budgeting, and that optimism is starting to show in Philadelphians’ shopping plans as the holiday shopping season kicks off, according to Deloitte’s 24th Annual Holiday Survey of retail spending and trends. Fears about the recession are slowly subsiding, with more than half of those surveyed (52 [...]
Continue reading...‘Tis the Season for Shopping Smarter: Generation Planning Savvy Shopping This Holiday Season
Thursday, November 12, 2009
According to a new holiday shopping survey by iLive, more than one-third (37 percent) of shoppers plan to shop smarter during their quests for the perfect gifts this holiday season. Whether they are bargain hunting online, looking for special sales or cutting coupons, shoppers are more focused on getting the most for their money. For nearly [...]
Continue reading...Popularity of Pet Health Insurance Grows, More Options Now Available
Friday, November 6, 2009
To most of the nation’s 70 million pet owners, pets are family too. And when pets have health care problems, many owners are willing to spend almost whatever from their budgeting to get them back on all four feet. But the price of increasingly sophisticated veterinary care does not come cheap. According to the American [...]
Continue reading...Credit Card Security Rules Evolving Faster Than Businesses Can Keep Up
Friday, November 6, 2009
Experts from Protiviti and Retailer 99 Cents Only Stores to Present PCI Compliance Strategy in Webinar for Organizations that Accept Credit Card Payments A flurry of new regulations, guidelines and clarifications designed to improve credit card security at the point of purchase has retailers and other organizations that accept credit card payments - especially their internal [...]
Continue reading...How to Choose Payment Processors
Wednesday, November 4, 2009
Merchants looking to accept credit cards and other forms of online payments can choose from thousands of payment processors, each differing in subtle ways. The process of selecting a vendor is often time-consuming, frequently resulting in frustration or a poor choice. For the first time, a group of payments industry experts is trying to educate merchants [...]
Continue reading...Greater Access to Efficient and Flexible Donor-Advised Fund Capabilities
Wednesday, November 4, 2009
Several enhancements to the Bank of America Charitable Gift Fund, one of the nation’s leading donor-advised funds are now available to help the state of personal finance of many people. These enhancements include the ability for donors to create a customized donor-advised fund that aligns to their personal giving strategies through an innovative online portal. [...]
Continue reading...What Can Consumers Do to Raise Their Credit Scores?
Monday, October 26, 2009
Many American consumers are wondering how the changes will affect them, how soon those changes will take place, and how to raise their new credit card scores. Firstly, while this new scoring model was released a few months ago, it won’t likely affect any of us for several years. It will take time for it to [...]
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Wednesday, April 7, 2010
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