Consumers with below-average credit scores have had an easier time getting credit cards in the last few years, compared to the immediate aftermath of the financial crisis when credit availability was very limited. Still, credit availability remains below pre-recession and recession levels, according to a report from the American Bankers Association: There were 330 million outstanding credit card accounts in the first quarter this year, compared with 380 million at the same time in 2009, 427 million in 2008 and 374 million in 2007.
As the credit industry opens up after several years of limited access, borrowers with subprime credit (ie the borrowers with low credit scores) have seemingly...
The world of credit and finances can be daunting when youre in your 20s and just setting out on your own. Many of us tend to avoid those areas of our lives that are a bit scary, but keep in mind that your credit and finances are two of the most dangerous areas to ignore. So lets agree to face these fears, and avoid making the mistakes that could haunt you for many years to come.
In my experience, I see mainly two kinds of 20-somethings, those who steer away from having any kind of credit and thus have yet to build a credit score and history; and those who take any and every credit offer available to them, rack up huge debts and will wake up sometime in their 30s deep in financial trouble...
After researchers studied every single new car purchase in the US from 2012 to 2013, the results revealed that buying a car in the first few days of the month can save an average of $843. (Korea Times file)
ORCHARD PARK, NY, Oct. 20, 2014 /PRNewswire/ — National Air Cargo, Inc., a freight forwarder specializing in difficult-to-move cargo, announced today that it has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Western District of New York.
National Air Cargo, Inc. (NAC Inc.) is a subsidiary company of National Air Cargo Holdings, Inc., a Florida corporation with more than 20 different subsidiary companies. National Air Cargo Holdings, Inc., National Airlines and National Air Cargo Holdings, Inc.s other global subsidiary companies are not parties to and have nothing to do with the bankruptcy...
It appears that some of our federal public servants continue to enjoy using your money for, well, whatever they enjoy.
Federal auditors this week told a congressional hearing that despite a 2012 law intended to battle personal spending abuse with government credit cards such abuse, shocker, still goes on.
The Washington Post reports that Job Corps workers in Miami rang up close to $100,000 in charges at beauty salons, clothing stores and for cellphone services.
Women are increasing their presence in the US work force, often are the principal providers in their households and currently purchase more cars than men.
But a new study by Kelley Blue Book says the road to buying a new car is still much more of an endurance trial for women than for men.
Using data compiled on about 40,000 US adults, the study found confidence was a major factor when it came to buying a car. About 20 percent of men in the study knew exactly what vehicle they wanted when they went out to purchase a vehicle, while about twice that percentage of women were undecided on what car to buy.
Women also took a median 75 days to make a car purchase, compared to mens...
Buying a car locally has big benefits
Buying local kept me from being a fugitive. Actually I would have made a lousy fugitive and would be in jail right now if I hadn’t bought local.
It all has to do with buying a car. And then the car, a car with no warranty to be honored, becomes a worthless vehicle with three years of payments on it. This would wipe me out financially. This left me thinking that the solution would be to take my savings and buy another car, and run. Granted it is a stupid solution, but one does not think clearly while panicking.
Instead, I went back to the dealership. They took a look at the car and immediately handed me keys to a loan vehicle. When...
Less than a month ago, a redditor on the Dogecoin subreddit commented on a thread addressing Moolah holding funds. The redditor said the Green hadn’t been on reddit for a few days, and their payment processing company Prelude experienced a slew of problems.
The user offered up the topic on what the Dogecoin community would do with the inevitable disappearance of Moolah or Prelude. Green reappeared assuring the user that the company was here to stay:
“Its not time for anything, we wont be disappearing activity on our core platform is at an all-time high.”
Of course, now with the announcement that Moopay will be filing bankruptcy,...
NORCO (CNS) – Two ex-convicts are suspected of using home-made fake credit cards 39 times at the same Norco business, buying more than $6,000 worth of goods before they were arrested Friday, a sergeant said today.
Sheriff#x2019;s detectives have been investigating the rash of fraudulent credit card thefts at one particular store, in the 2400 block of Hamner Avenue, since Sept. 2.
On Friday, authorities caught William Eger, 47, of San Bernardino, and Joseph Avila, 27, of Corona, allegedly try to use the cards for the 39th time. The suspects were arrested for suspicion of burglary, receiving stolen property and other crimes, Riverside County sheriff#x2019;s Sgt. Mike Portillo...
President Barack Obama issued an executive order on Friday to have secure chip-and-PIN technology embedded into government-issued credit and debit cards as part of a broader move aimed at stemming payment data breaches.
Under the order, government-issued cards that transmit federal benefits such as Social Security will have microchips embedded instead of the usual magnetic strips, as well as associated PINs like those typically used for consumer debit cards. A replacement program for the cards is set to begin on Jan. 1 of next year, with the goal to have more than 1 million such cards issued by the end of the year, Obama said at the federal Consumer Financial Protection Bureau, according...