Archive for August, 2006
Avoid Piggybackers
Heard of piggybacking? You’ve probably known of people who do it, but didn’t know it had a scientific name. Well, to get into definitions, it’s a situation wherein you let someone borrow the good credit history on your credit card by allowing him/ her to become an authorized user. And when you do this, you [...]
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How To Avoid Common Bankruptcy Pitfalls
If your financial situation is in such a bad shape that nothing short of filing for bankruptcy will help solve your problems, then you better not take too much time deciding to do it. One of the biggest mistakes people make is to defer the decision to file for bankruptcy. According to bankruptcy experts, people [...]
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Mortgage Bankers Worried as East Bay Foreclosures Rise
As home foreclosures continue to rise across the East Bay, with Alameda, Contra Costa and Solano
counties, mortgage bankers can no longer suppress their concern. They are commissioning classes and
producing publications to stem the rash of defaulted loans predicted for next year. Contracostatimes.com
reports
Aside from the financial problems, many defaultees report a feeling of [...]
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Plastic To Rule The Skies
The next time you board a flight to some place, it will be a good idea to carry your debit or credit card along with you. You may need your card if you want to buy food, alcoholic beverages and headsets. At present, AirTran, ATA and Spirit accept only credit cards for on-board purchases, and [...]
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Payment Processors’ Battle For Supremacy Gets Ugly
Is online auction giant eBay Inc’s attitude towards Google Checkout discrimatory? It would seem so from its recent action to bar the weeks-old Google Inc payment product from its marketplace. Industry speculation is that eBay, which owns rival online payment processor PayPal, wanted to protect its own product. So, what does eBay, or rather [...]
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Secured Credit Cards Help Rebuild Bad Credit
Have a history of bad credit? Go in for a secured credit card. Sounds contradictory doesn’t it? Well,
with a secured credit card, you can rebuild your bad credit only if you show a historical improvement to
your payment history. Bestsyndication.com reports:
A credit card, if it is the only credit card you
possess, [...]
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Connecting Success With Contactless
It’s been nearly a year since each of the big three credit card providers rolled out their own contactless payment version and since the going has been unexpectedly good, it’s probably time to ask what’s next on their agenda. A lot, as it turns out, from different form factors, including watches, to use of mobile [...]
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High credit card debts? Use these tips
According to a recent report released by the American Bankers Association, most Americans are behind on credit card payments. This may not come as news to you, but the fact that the increasingly deplorable debt situation of most Americans is worrisome. According to the report, the months from July through September 2005 saw the number [...]
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‘Opt Out’ of Credit Card Offers
Why are we so neck-deep in debt? Blame it on the mail. I’m serious. Haven’t you noticed the increased volume of credit card offers in your mailboxes recently? I have and so has Mail Monitor, the direct mail offer tracking service from global market research firm Synovate. And the findings are overwhelming: Over six billion [...]
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Innovative Solutions to Foreclosure Problems
Foreclosure has become a national problem now and just about anybody who can find a solution to this
problem is encouraged and appreciated. In such an attempt, NeighborWorks America recently announced
national honors for three organizations that have developed innovative and cost-effective approaches to
preserve homeownership for families in jeopardy of foreclosure.
Montana-based [...]
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