The “Snowball” method for paying off debt is very popular, but what about one offered by Suze Orman? Which one results in paying the least money and getting out of debt the fastest? First, take a peek at JLP’s description of both.
credit cards
Bank of America Is Now The "Bank of Opportunity"
By 2.22.07
New television commercials incorporate the bank’s “flagscape” symbol with images of customers getting new homes and envisioning future careers. Additional spots will highlight home equity and savings products.
The marketing move comes on the heels of controversy about the Bank’s new credit card policy, which allows major credit cards to be obtained without a social security number.
6 Steps To Credit Card Serenity
By 2.20.07
If you’re like a lot of people, your credit cards are a source of anxiety. It doesn’t have to be so. Bankrate has 6 steps to credit card serenity that, if followed, will help you feel less like yourself and more like an attractive person on a beach.
Discounts Just For Using Your Credit Card
By 2.18.07
Blueprint for Financial Prosperity reminds us that credit cards carry more discounts than we realize. Visa, MasterCard, and American Express all offer discounts for cardholders. Discover’s discounts are limited to business accounts.
T.J. Maxx Credit Card Breach Probed By MA & RI AGs
By 2.16.07
Massachusetts and Rhode Island are opening probes into T.J. Maxx after the retailer lost millions of consumer’s credit cards in a recent breach.
Bank of America: Major Credit Cards with No SSN
By 2.13.07
In the latest sign of the U.S. banking industry’s aggressive pursuit of the Hispanic market, Bank of America Corp. has quietly begun offering credit cards to customers without Social Security numbers — typically illegal immigrants.
Baggage Handlers Busted For Stealing Credit Cards, Laptops and Cigarettes
By 2.13.07
Two young baggage handlers who are accused of stealing everything from cigarettes to laptops to credit cards were arrested last week in two separate incidents that have airport officials looking into whether those thefts were just the tip of an iceberg.
Chase Deactivates Your Savings Account If You Don't Use It For 60 Days
By 2.13.07
If you don’t use your Chase online savings count for 60 days, it becomes deactivated. Which could be a big problem if you were counting on making a transfer to cover checks that you just wrote. What’s worse is that they don’t send you any notification that they froze your account. At least that’s how it goes according to reader Thomas’ complaint:
AAMCO's "Repairs" Imperil Motorist
By 2.5.07
Justin took his Taurus into AAMCO for transmission repairs, only to endure a month of repairs that left his car in no better shape, and it ended up endangering his life.
Part 3: I Was A Cybercrook For The FBI
By 2.1.07
Part 3 of Dave Thomas’ story of working as a cybercriminal for the FBI story is up on Wired, The Boards Come Crashing Down.
Should You Pay Off Your Credit Cards With Home Equity?
By 2.1.07
Ah, one of the questions for the ages. Shall you or shall you not pay off your credit cards with home equity? Let’s say you ran up a credit card on a bunch of crap you didn’t need and are now being charged 15%. You’ve seen the error of your ways, and now are interested in paying off your debt. How should you go about it? Should you use Home Equity? Blueprint For Financial Prosperity suggests that, while you may be saving big money by cutting your interest rate, you should think the decision over carefully.
I Was A Cybercrook For The FBI
By 1.31.07
Parts 2 and 3 of the Dave Thomas Cybercrook story are up on Wired. The excellent report by Kim Zeter, two years in the making, offers a fascinating insight into the world of identity thieves, credit card scammers, phishers and all sorts of electronic fraud. Follow along as Dave transitions from petty thief, to cyber-crime master under the name “”El Mariachi” and with a James Cagney online avatar, to informant on the noose for the feds.
T.J. Maxx Gets Class Actioned For Credit Card Breach
By 1.30.07
A class action lawsuit was filed yesterday against TJ Maxx for allowing millions of customer’s credit cards to be stolen in a Jan. 17. security breach.
Inside Organized Credit Card Fraud
By 1.30.07
It was November 2002, and Thomas, then a 44-year-old Texan, was in Washington to collect more than $30,000 in merchandise that a Ukrainian known as “Big Buyer” ordered from Outpost.com with stolen credit card numbers. His job was to collect the goods from a mail drop, fence them on eBay and wire the money to Russia, pocketing 40 percent of the take before moving to another city to repeat the scam.
Reader Gets Chargeback For Golden Touch Transportation's Shyster Car Service
By 1.28.07
Thanks to the advice of The Consumerist and its readers, Shonda finally got a refund after Golden Touch Transportation car service ripped her off.
Senate Credit Card Hearing: "Take a Long, Hard Look at How You Treat Your Customers."
By 1.26.07
CNN has the highlights of the Senate Credit Card Hearing and Senator Dodd issued the smackdown WWF (WWE?) style: “If you currently engage in any business practice that you would be ashamed to discuss before this Committee, I would strongly encourage you to cease and desist that practice.
Watch Sexy Credit Card Senate Hearing Cam!
By 1.26.07
- Guests include Elizabeth Warren, Leo Gottleib Professor of Law and author of The Two Income Trap: Why Middle Class Mothers and Fathers are Going Broke, Harvard Law School; Dr. Robert Manning, Professor of Finance and Author of Credit Card Nation, Rochester Institute of Technology; John Finneran , President of Corporate Reputation and Governance, CapitalOne Financial; Richard Vague, Chief Executive Officer, Barclaycard US; Carter Franke, Executive Vice President of Marketing, JP Morgan Chase & Co.; Tamara Draut, Director, Economic Opportunity Programs, Demos; and Travis Plunkett, Legislative Director, Consumer Federation of America.
Ohh, CapitalOne. If they show up late we hope the senate charges them a fee.—MEGHANN MARCO
