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August 2009


A Triple Whammy for Credit Card Balance Transfers

Written by Curtis Arnold
Posted On: August 28, 2009

Consumers who are used to transferring credit card debt to new lenders may be in for a shock as new transfer fees are imposed by the banks. [...]


Higher Minimum Credit Card Payments Offer Fast Track Out of Debt

Written by Curtis Arnold
Posted On: August 7, 2009

In a recent column for the NY Times, Freakonomics authors Stephen Dubner and Steven Levitt explained the genius behind the concept of low credit card minimum payments. When studied by academics, test subjects who selected their own minimum payments often paid far more than monthly bank statements required. For many years, credit card issuers have [...]




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