Hot Links: 08.21.07
A MasterCard poll found that almost half of those surveyed admitted to carrying less cash than they did five years before. That survey also revealed that some 60% of respondents only had $20 or less with them.
Hot Links: 08.21.07
Well, Leroy figured, if she ever had a problem making a payment she could always max out a credit card or get a new card from that MEC (Mind-bogglingly Easy Credit) outfit that kept pestering her with mailings. ...
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US Bank Pitches Electronic Statements at Login
Using a splash screen after logging in to online banking (see screenshot below), US Bank is asking customers to move to electronic statements, specifically for credit card and loan accounts, although the online-only option is also ...
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Simmons Bank Credit Card Has Many Consumer-Friendly Features
This is universal default in action. Consumer advocates obviously oppose this practice and yet the practice permeates the credit industry in one form or fashion. Not so with Simmons First, though, who has never had any such policy. ...
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Four Views on What the Fed Should Do
De Grauwe, using the Bagehot standard, criticized the ECB's action as indiscriminate; it's not clear what he would have thought of what the Fed did. Most observers think the discount rate cut was mainly symbolic; the more important move ...
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Hot Links: 08.21.07
Furthermore, consumers should keep a list of phone numbers to dial credit card issuers in case of a lost credit card or suspected fraud. And, finally, the Fed recommends that consumers only use their credit card with online merchants they trust, never providing credit card information via e-mail or entering credit card into a website they do not trust. Credit card users should look for a lock icon or an address that begins "https" to ensure the website is secure.
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