In Debt and Afraid – Dealing with Debt Collectors

In Debt and Afraid - Dealing with Debt CollectorsIt’s a scary place to be — in debt and afraid. A new Consumer Financial Protection Bureau report found that more than one in four consumers felt threatened when contacted by debt collectors. The first-ever national survey of consumer experiences with debt collectors found consumers often faced calls that came too often, at odd hours and contained warnings of jail time and other threats. Some were contacted for debts they…

Read More >>

Why the Chip Card isn’t the Disaster Everybody Says It Is

Why the Chip Card isn't the Disaster Everybody Says It IsFrom all the grumpiness over the “EMV” chip-card transition, you’d think that the circuitry embedded in our new credit cards delivered a small electric shock every time you inserted one into a terminal at a check-out counter. Customers say they don’t like chip cards because you have to leave them in a reader for as long as half a minute instead of swiping a card’s magnetic stripe with a single,…

Read More >>

8 Things Not to Keep in Your Wallet this Holiday Season

8 Things Not to Keep in Your Wallet this Holiday SeasonYou’re doing your holiday shopping in the midst of those distracting sales and crowds. You’re checking your gift lists (twice!) and your budget. You’re juggling bags and boxes. And you’re paying little attention to your purse or wallet. These are the moments when identity thieves will strike. “Pickpocketing can happen virtually anywhere, and people should be on their guard, especially while shopping this holiday season,” says Ken Chaplin, senior vice…

Read More >>

Credit Card Shopping

Credit Card ShoppingExcerpt courtesy of The Family Finances When was the last time you went credit card shopping? No, I don’t mean when was the last time you went shopping and paid for it with your credit card. I mean, when was the last time you went shopping for a credit card? If you’ve been using the same credit card for a number of years, it might pay to take a look…

Read More >>