Tag Archive | "interest"
Where’s Our Money?’ Calls on Congress to Roll Back Interest Rates
As interest rates for mortgages, car loans and credit cards soar, American consumers are being forced to borrow their own money at exorbitant rates from the financial firms who access funds from the Fed at rates near zero. That’s another odious element of the trillion dollar Wall Street bailout, notes “Where’s Our Money?” – a blog [...]
Continue reading...Have Some Fun on Tax Day With New Red Stripe Light and Words of Wisdom from the Ambassador
Wednesday, April 14, 2010
The makers of the world-renowned Red Stripe lager and everyone’s favorite emissary of happiness, the Red Stripe Ambassador, are bringing some fun to one of the biggest days of the year, Tax Day, April 15th, with new Red Stripe Light. Red Stripe Light gives consumers just what they want in a light beer – easy-drinking, refreshing [...]
Continue reading...Consumers Union Urges Fed to Require Banks to Roll Back Recent Unfair Credit Card Interest Rate Hikes
Wednesday, April 14, 2010
After Congress passed legislation last year reining in some of the worst credit card lending practices, many banks responded by hiking interest rates before the new rules went into effect, including on customers with perfect bill paying records. Now Consumers Union, the nonprofit publisher of Consumer Reports, is calling on the Federal Reserve Board to require [...]
Continue reading...Spring Auctions are in Full Bloom for Max Spann
Tuesday, April 13, 2010
A nationally-known real estate auction house is holding multiple auctions across four states in the Northeast during the next few weeks, offering a large portfolio of prime properties at great discounts. Max Spann Real Estate & Auction Co., one of the nation’s premier auction companies, is holding seven separate auctions in New Jersey, Pennsylvania, Delaware and [...]
Continue reading...Bankrate: Mortgage Rates Rise Following Job News
Saturday, April 10, 2010
Mortgage rates increased for a third straight week, with the average conforming 30-year fixed mortgage rising to 5.35 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.47 discount and origination points. The average 15-year fixed mortgage hit a new high-water mark for 2010 at 4.69 percent and the [...]
Continue reading...Leader of Hacking Ring Sentenced for Massive Identity Thefts From Payment Processor and U.S. Retail Networks
Monday, March 29, 2010
The leader of the largest hacking and identity theft ring ever prosecuted by the U.S. government has been sentenced to 20 years and one day in prison for his role in a series of hacks into a major payment processor and several retail networks for credit cards, announced Assistant Attorney General for the Criminal Division [...]
Continue reading...New Study Shows S Corporation ESOPs Outperformed Other Companies During the Recent Recession
Thursday, March 25, 2010
A Georgetown University/McDonough School of Business study released today found that, in the most recent economic recession, Subchapter S business companies owned by their employees through employee stock ownership plans (ESOPs) demonstrated considerable resilience and performed better than other companies in providing for workers’ retirement security, job creation, and revenue growth. Economists Phillip Swagel and Robert [...]
Continue reading...Smart Card Readers Cleaned Quickly and Effectively
Saturday, March 13, 2010
Remove contaminants that cause read errors on Smart Card Readers Dirt, oils and other contaminants are introduced into a card reader every time a credit card is inserted. For the read contacts to properly access the smart chip, it is critical that these contaminants are regularly removed to help avoid card reader errors. This newly released [...]
Continue reading...Area Dining Establishments Informed of Possible Data Security Breach
Monday, March 8, 2010
Officials of The Westin Bonaventure Hotel & Suites which is independently owned by Today’s IV, Inc. and operated by Interstate Hotels & Resorts, Inc. under a license issued by Westin Hotel Management, L.P. announced that the hotel’s four restaurants—Lake View Bistro, Lobby Court Bar, Bonavista Lounge, L.A. Prime—and its valet parking operations may have suffered [...]
Continue reading...New CARD Act Disclosures
Sunday, March 7, 2010
The Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009, which took effect February 22, 2010, requires new disclosures on monthly credit card statements. The Financial Services Roundtable and the Center for Responsible Lending have teamed up to explain a few of these new disclosures, which are intended to make the cost of credit [...]
Continue reading...Increased Electronic-Payment Adoption with the New Credit Protection Act
Tuesday, March 2, 2010
Consumer assurances help to boost paperless payments for recurring service invoices, including Utilities, Healthcare, and Subscriptions Following the February 22nd “Credit Card Accountability, Responsibility and Disclosure Act” (the Credit CARD Act), BillingTree Inc., one of the nation’s leading on-demand payment processors anticipates a sharp increase in electronic-payment adoption as a result of increased card-holder confidence and [...]
Continue reading...Foreclosure Experts Claim Credit Card Reform Harming Housing Industry
Wednesday, February 24, 2010
Foreclosure experts at USHUD.com and Heavy Hammer Inc. say the Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009, which went into effect this week, is slashing into an already beleaguered real estate market. Michael Urbanski, CEO of USHUD.com and Heavy Hammer Inc., says credit card companies, in anticipation of this law becoming effective, have [...]
Continue reading...The CARD Act and the College Crowd: MMI Offers Tips for Understanding the CARD Act
Thursday, February 18, 2010
While only 10 percent of respondents in a recent Money Management International (MMI) Back to School survey believe students should use credit cards to finance college costs, many students get their first credit card while they are in college. In fact, 84 percent of undergraduates have at least one credit card, according to a 2009 Sallie [...]
Continue reading...41st Parameter Extends Fight Against Online Fraud Through Expanded Operations in Europe
Tuesday, February 16, 2010
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Appoints Information Security Industry Veteran to Drive EMEA Expansion 41st Parameter, the leading provider of web fraud detection and prevention solutions, today announced the expansion of its European presence with the opening of a new office in Munich, Germany. The company simultaneously announced the appointment of information security veteran David Curran as vice president of [...]
Continue reading...It’s Not the Sunshine: Why Snowbirds Become Floridians
Monday, February 8, 2010
For many snowbirds lured to Florida, the biggest attraction is not the presence of sunshine. It’s the absence of Florida estate taxes. Many snowbirds who own homes in both New York and Florida are changing their domicile to Florida according to Attorney Allan R. Lipman who is licensed both in New York and Florida. These not [...]
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Sunday, April 18, 2010
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