Susie is young, single, has a great job AND an addiction to Marc Jacobs totes. Its not Tom Sizemore bad, but its bad. Although she’s bringing home the bacon, she’s frying it before her paycheck even clears. Finance Expert Manisha Thakor offers some tips to turn off her spending spigot. For More Money Tips Visits www.thefrisky.com/money
The ladies of TMI talk about saving money and paying down that credit debt. From curbing your shopping addiction to web applications to track your spending Julia, Mary, and Meghan tell us how they save money. www.mint.com
www.clearstart.co.uk - More people are shopping with credit and debit cards according to Barclaycard. But the company says the increase in use is at a slower pace than expected. The Barclaycard retail spending index shows a 0.8 per cent in April compared with March. If you are finding it hard to meet your credit card debt repayments, an Individual Voluntary Arrangement (IVA) is a good solution. By meeting an agreement with your creditors you could pay back a more manageable monthly amount over 5 years before going debt free. Head of UK payment Stuart Neal says: “We’ve seen a much lower increase in retail card spending in April, although it’s still positive news for retailers following the 18 per cent increase we saw between February and March.”
Why is it that every time I go into a retail store they are trying to push some overprices scam credit card offer up on me. I mean like WTF? This time I give a polite answer no and this ladies response is amazing. She’s working at Old Navy and trying to tell me how to run my finances….well excuse me please take a flying leap
Consumer “Bill of Rights” Looks to Ban Unilateral Changes, Apply Rate Increases to Future Debt, Prohibit Interest on Fees, and Prohibit “Universal Defaults”
Analysis and Discussion with Emily Peters of Credit.com (Bloomberg News)
Delinquency Rates Rise in 1Q to 1.32%, from Last Year’s 1Q of 1.19%; Delinquency Rate Could Peak in Late 2010/Early 2011 (Bloomberg News)
Fed May Curtail Lenders’ Ability to Raise Interest Rates on Current Balances, and Extend Bill Payment Times to Allow Customers to Avoid Late Fees
Joint Interview with Rep. Randy Neugebauer (R) of Texas and Rep. Luis Gutierrez (D) of Illinois (Bloomberg News)
Exclusive Interview with White House Economic Adviser Austan Goolsbee (Bloomberg News)