‘When you stop on the way home from work to pick up some milk, how do you pay? Cash? Check? Credit card? Or do you just pull out your debit card?
Increasingly, plastic is the payment method of choice.
Electronic payments, including debit and credit cards, surpassed checks for the first time ever last year, according to […]
‘New research by independent market analysts Datamonitor reveals that consumer borrowing has risen significantly.
Datamonitor found that borrowing via credit cards, motor and retail finance deals, overdrafts and unsecured personal loans has risen to £4,004 per average UK adult at the end of 2004.
This constitutes an increase of ten per cent on the previous year’s levels […]
‘The consumer credit industry in South Africa is worth about R362 billion and provides credit to about 15 million consumers who are largely vulnerable to the exploits of unscrupulous credit providers. Now the government has stepped in with powerful draft legislation to protect consumers.
South African consumers can look forward to a single law that will […]
‘For about a month people here in Arizona have been able to get a free copy of their credit report.
And while a lot of people have done it very successfully, others have had problems.
The good news is that while there were plenty of problems the first few days. Since then, the federally mandated web site […]
By Jeffrey Strain
The Federal Trade Commission (FTC) has set up a new website (www.AnnualCreditReport.com) where US residents can obtain free copies of their credit reports from the three major credit report bureaus (Equifax, TransUnion and Experian). The FTC site was set up as part of the Fair and Accurate Credit Transactions Act enacted last December. […]
‘Ordered by Congress to give consumers free access to their own credit reports once a year, the nation’s three largest credit bureaus are turning that requirement into a marketing opportunity.
When the free service, www.annualcreditreport.com, is launched on Dec. 1, consumers will be offered a variety of fee-based programs.
All three companies - Equifax, Experian and Trans […]
‘”Debt has become a part of who we are. …That spoiled kid in the grocery store. ‘I want it. I want it. I deserve it because I breathe air.’”
Dave Ramsey
With a degree in finance from the University of Tennessee, Dave Ramsey was a millionaire at 30, and again at 40, but in between, he lost […]