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5 Ways to Get Rid of Credit card Debt
The average credit card debt of a US household is over $15,000. That is a lot of money! Our neighbor to the north is in even worse shape in that an average Canadian household owes nearly $27,000 in credit card... (Continue reading)
Secured Credit Cards Can Help Build Credit History
Newcomers to Canada can have a very difficult time getting a credit card because they don’t have a credit history. Building up a positive credit history is a good idea because it will make it easier to get a line... (Continue reading)
Best Buy Customers Hit by Data Breach
Names and email addresses of Canadian and U.S. customers of Best Buy, some banks and other firms have been exposed in a data breach. Best Buy Canada and Victoria, B.C.-based AbeBooks were among the companies that sent emails Monday to... (Continue reading)
Pros & Cons of Using a Credit Card-Only Spending System
When it comes to budgeting and spending money we all have our own unique plans. Some of us prefer to track every penny. Some people just go with the flow. Some prefer using cash-only, while others go card-only. I wanted... (Continue reading)
Maxed Out!
The disturbing, but very important, full documentary about the credit problem (and addiction) people have when using credit cards. And the immoral, but very much legal, habits by the credit card issuers to lure people in to use and become... (Continue reading)
5 Tips for Getting Back on the Credit Card Ladder
You don’t really appreciate what everyone means by ‘credit crunch’ until you actually get rejected for a credit card or loan that you thought you were good for. The current economic crisis means that lenders are getting tighter and more... (Continue reading)
New Credit Card Minimum Payment Rules
Written on 10 Jun, 2010 at 6:38 in Personal Finance | Comments
In response to new government regulations on credit cards, credit card companies are changing their minimum payment rules and their interest rates. In general both are going up. I don’t have many credit cards and only use one regularly, but... (Continue reading)
Beware the M2 Credit Card
I got caught out! Here is what I learned the hard way about credit cards and interest charges on late payments. Mea culpa, through simply not paying attention, I was a day late paying the full balance. Of course, that... (Continue reading)
Top Platinum Credit Cards in Canada
Written on 27 Apr, 2010 at 3:14 in Personal Finance | Comments
For those people who have had a credit card for more than a few years, it could be time to start thinking about whether the card you currently own offers all of the benefits you want. For more established consumers,... (Continue reading)
Financial Reboot
One of the major tricks I learned when I was an I.T. dude, was how easy it was to fix problems if you told your customer, “Have you rebooted your system lately?”. I also knew this drove my customers nuts,... (Continue reading)
