Monthly Archives: February 2012

Debt collectors rank among consumers top complaints

News from Debtmerica Relief: Wednesday, 29 February 2012 13:00 Federal data shows that aggressive debt collection companies were the cause of many consumer complaints last year. A report released by the Federal Trade Commission found that companies trying to collect … Continue reading

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How the credit CARD Act does not protect you

News from WFMJ: By Andrew Housser The Credit CARD (Card Accountability, Responsibility and Disclosure) Act went into effect two years ago. Its purpose was to regulate how credit card lenders can charge and communicate with consumers. The law’s two-year anniversary … Continue reading

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Survey finds credit card companies are protecting consumer interests in …

News from Chicago Tribune: Several months ago, I wrote a column that discussed why it pays to use a credit card for large purchases, whether for merchandise or services. I pointed out that if you are dissatisfied with what you … Continue reading

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U.S. credit card debt nearing toxic levels

News from Mail Tribune: Last year saw the highest consumer debt in a decade February 27, 2012 New York Post NEW YORK — More American households are falling back into the debt hole, this time without the safety net of … Continue reading

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How the credit CARD Act does not protect you

News from WIS: By Andrew Housser The Credit CARD (Card Accountability, Responsibility and Disclosure) Act went into effect two years ago. Its purpose was to regulate how credit card lenders can charge and communicate with consumers. The law’s two-year anniversary … Continue reading

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Gas Prices Rise to Average $3.72

News from ABC News: The latest gasoline price survey, released today by the U.S. Energy Information Administration, finds that the average paid by U.S. drivers for a gallon of regular nationwide is $ 3.72. Just over the past week, prices … Continue reading

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Martin Lewis: ‘Trust me, everyone needs a credit card’

News from Telegraph.co.uk: Credit card advantage one: spending is safer Spend on credit cards and you are better protected, a by-product of the law’s attempt to ensure that people actually benefit from what they paid for with “borrowed” money. Spend … Continue reading

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BBB explains bank holds

News from Prescott Daily Courier: Redirect Notice  The previous page is sending you to http://www.dcourier.com/main.asp?SectionID=260 .  If you do not want to visit that page, you can return to the previous page. ……………. continues on Prescott Daily Courier >>> Read … Continue reading

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Gemalto to Introduce Smart Chip for Mobile Payment in Barcelona

News from BusinessWeek: (For more on Mobile World Congress, see SHOW <GO>.) Feb. 27 (Bloomberg) — Gemalto NV, inventor of the smart chip used in bank and phone cards, will introduce a card tested by Mastercard Inc., Visa Inc. and … Continue reading

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Credit Card Debt Nears Toxic Levels

News from MyFox Memphis: Updated: Sunday, 26 Feb 2012, 3:19 PM CSTPublished : Sunday, 26 Feb 2012, 3:19 PM CST (New York Post) – More American households are falling back into the debt hole, this time without the safety net … Continue reading

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