CreditCardCo News - Author: Scott Townsend
scott (99 Posts)
Scott Townsend is a financial planner who has shared his time and talents with many individuals as well as organizations. His passion is in teaching others how to manage their finances wisely. He also teaches people how to create wealth and properly prepare for retirement. His knowledge on properly managing debt has helped a lot of people to free themselves from the burdens of credit card debt. Also at: Credit Card Blog.
Do You Really Need a TransUnion Phone App?
This week, TransUnion – yes, the credit reporting agency – launched a new app for the iPhone (it already announced a yet to be released Android app some time ago). But do we really need a Transunion phone app on …
Lottery Fever – Financial Cure-All?
For lottery winners, suddenly being shoved into the spotlight can feel like a curse, which is the exact way many see lotteries: as curses. But the financial freedom that comes with winnings can lift a lifelong burden for people.
Banks and Social Networking
Either JPMorgan Chase is on the verge of something quite impressive or it’s just gambled what little credibility it has left. One of the nation’s largest banks has teamed with Twitter with a contest that will provide a whopping $1 …
U.S. Economy – Are We Safe or Doomed?
It can make your head spin with all of the different headlines. One financial analyst insists the U.S. economy is teetering on collapse while another says the housing market is the cure-all for an already-improving economy.
Guns, Credit, 2nd Amend & Victims: GE Capital Bails
It’s a tough quagmire and surprisingly, it would appear some companies are actually bailing on the opportunity to turn a profit in lieu of the human condition. GE Capital is just one more lender that says it’s out of the …
More Cyberattacks on Banks, Change is Overdue
Several months ago, there began an extensive and exhausting assault levied against American banks. These denial of service attacks proved frustrating and overwhelming not only for banks, but for consumers who were often greeted with a message stating they would …
And There it is: Credit Bureaus the Weak Link
All week, we’ve been wondering if perhaps it wasn’t the credit bureaus that were the weak link for hackers who’ve hit pay dirt with politicians, including Vice President Joe Biden and First Lady Michelle Obama, along with celebrities such as …
Considering Tax Refund Loan? Expect High Fees
Millions of Americans, unable to practice patience, are either considering or already opted for a rapid refund loan. What makes this year different is the high fees that folks are paying. You need to know about these fees before you …
How Sequesters Could Hurt You Financially
For weeks now, we’ve all heard about the ongoing threats between the Obama Administration and the Republicans. We were glad to see those pesky two words, “fiscal cliff” fall to the wayside after the first of the year but the …
Financial Stability Oversight Council Days Numbered?
The summer of 2010 was a big one for the Obama presidency. He signed into law one of the most confusing and controversial financial laws that the country has seen.
Economy Shrinks, Why Do Some Believe U.S. is in Recovery?
In what some find surprising, news broke on Wednesday that the U.S. economy shrank late last year. Others, however, are saying they’re not at all surprised and say it was just a matter of time since there’s so much upheaval …
CFPB New Ability to Repay Rule
The Consumer Financial Protection Bureau (CFPB) has been promising changes in the way mortgages are written in this country and as promised, it’s now delivered what it refers to as the Ability to Repay Rule. The goal was simple: to …
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