This is wisdom on credit & debt as given by 100-year-old Dorothy Custer being interviewed by Jay Leno. Any comments?
What’s The Big Deal About Debit Cards?
June 14, 2011 By Leave a Comment
After my blog-post yesterday, a reader sent me an email asking what was the big deal about debit cards that would warrant that post. my reply to her went something like this: Both the debit and credit cards are parts of the payment methods available to us all these days but they have differences that [...]
Credit Card Interest Rates Hit 18.9% High
February 2, 2011 By 1 Comment
Using the excuse that increasing numbers of people were likely to default on their debt amid high unemployment as risk, credit card providers have systematically raised their rates since 2008 and they have now reached a 13-year high, according to new research. The average credit card now charges interest of 18.9 per cent, the highest [...]
33% Used Credit Cards To Ease January Payday Pain
February 1, 2011 By Leave a Comment
A third of credit card holders confessed that they relied on credit cards to cover everyday living costs during January – a survey revealed this week. Even more people admitted they had used their cards to pay for grocery shopping during the month, according to the Post Office. ‘The long gap between December and January [...]
Getting Claim Advice From Credit Card Companies? Think Again
January 26, 2011 By Leave a Comment
According to Which? a consumer watchdog, credit card companies are regularly giving clients false or misleading information when they call to make a claim enquiry. Out of 120 calls made when reseachers posing as shoppers called the 12 biggest credit card providers, 71 failed to obtain correct advice which includes one adviser who told the [...]
Peace On Earth … And In Your Wallet
December 23, 2010 By Leave a Comment
The spirit of Christmas is peace - peace on earth, goodwill to all men. Christmas is a time of giving and sharing with the less fortunate. Over the last 70 years commercialism of the festive period has given many the license to indulge in consumerism instead of being others-centred. People now go all-out to try [...]
Funny Friday – Credit-Controlled Beyond The Grave?!
October 22, 2010 By Leave a Comment
If you have any credit card, you need to read this. A friend sent it to me today and it just shows how credit card companies will continue to ‘bleed’ you even AFTER you are ‘dry’: A lady died this past January and MBNA bank billed her for February and March for their annual service [...]
Loyalty Cards And Your Financial Freedom
September 1, 2010 By Leave a Comment
My last two posts have been on the uses of loyalty cards or points at part of your debt freedom tactics. Today i want to present to you other aspects of loyalty that you need to be aware of. Many stores such as David Jones, John Lewis etc offer store-loyalty credit cards. Points on such [...]
Are Air Miles Really Worth It?
August 30, 2010 By Leave a Comment
The last few days have been emotionally draining for me since the passing away of my father last Wednesday but in the midst of it all i still have begin making arrangement to travel to Nigeria for the funeral amongst other things. Yesterday i decided to book for my flight in good time and to [...]
Clydesdale & Yorkshire Banks Launch 0% Credit Cards
May 14, 2010 By Leave a Comment
After the information i gave yesterday about the Virgin Atlantic Credit Card, i was checking around for some low APR credit cards that i can recommend in its place when i came across this: Clysdale and Yorkshire banks seem to have kickstarted a new high street credit card war with the launch of a zero [...]
Virgin Atlantic Ramps Up Credit Card Interest Rate To 27.9%!!
May 11, 2010 By 2 Comments
Election, Hung Parliament, Political Coalition, New Prime Minister etc; all these happening in one week can make you lose track fo other things happening around you. That is exactly what the Virgin Atlantic American Express Credit Card people were counting on. They thought this will be a good time to bury bad news. I got [...]
We Need To Stop This Yearly Financial Madness
January 19, 2010 By 3 Comments
A London Newspaper today revealed, according to a report, that 50% of Londoners expect to use credit cards to pay for their grocery shopping this month. The figure raises concerns about attitudes to personal debt as the amount Britons owe rose to a record £1.5billion last month. The trend for putting everyday purchases on plastic [...]
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