Category Archives: Credit
The Best Explanation I Have Heard For How The Credit Crisis Happened
I love talk radio. I love podcasts. One of my favorite radio programs – which is also available as a podcast – is This American Life. This past Sunday’s episode, entitled The Watchmen, provides the clearest explanation of the current credit crisis, what it is, and how regulators failed to regulate it, that I have [...]
Beware The Dangers Of The Abuse Of Credit
As the recent economic crisis has shown us, there are dangers, obvious and hidden, associated with the abuse of credit. Our economy, which is in large part based on the availability of credit, teeters on the brink of disaster. At present, fifty cents of every dollar spent in the United States is charged on a [...]
How To Break The Credit Card Habit
My wife and I have been living without credit cards for four years. For those who are ready to get out of debt, one of the first steps is to break the credit card habit. You can’t fill the hole in while at the same time digging it deeper! Here’s how we made the break [...]
Up, Up, And Away – Check Your Credit Card Statement!
Have you received a letter from your credit card company? (It might be bundled in the same envelope as your statement, or it might be delivered separately.) If so, be sure to read it. Why? Because, several credit card companies are changing their terms, rates, and policies. According to Credit Addict, both Citibank and American [...]
