Surprisingly, Corporate Debt is Lower than it’s Been in Decades
According to an article in the Wall Street Journal today, percentage of consumer income (after taxes) going towards debt has edged up to 14% since 1990. But the opposite is true in the corporate...
View ArticleCan’t Pay for that Tchotchke You’ve Just Won on Ebay? Finance it!
The Wall Street Journal is reporting today that Internet auction site eBay Inc. is going to start offering financing to customers would can’t afford to pay for items they’ve purchased on eBay. The...
View ArticleCredit Card Companies Instituting “Minimum Annual Purchase” Policies
We just learned Citibank is informing their customers it will impose an $35 annual fee unless a minimum of $2400/yr is charge on their credit card accounts. This is, of course, part of the unintended...
View ArticleCredit Card Companies Backing Off on Fees
Irritated at being charged Foreign Transaction Fees? How about late fees of $30 on credit card balances less than $100? It seems that this type of fee might be going away. After the passage of the...
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