Today’s guest on the Consumerism Commentary Podcast is Samir Kothari, co-founder and Vice President of Products at BillShrink.
Tom Dziubek speaks with Samir about how the terms of the Credit CARD Act of 2009 have been addressed by credit card issuers so far and what credit card customers can expect in the upcoming months.
Production Number: S02E15 [...]
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A Savings Need
Saving money in anticipation of life’s difficulties is as old as the concept of money itself. Money has been hoarded ever since people started using it to pay for things. Saving, rather than spending, money is a required act today. If you do not fulfill the life requirement of saving money, you will [...]
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In the comments on my December 2009 net worth post, someone asked about the change in my net worth since 2003 and whether I’d gotten a higher paying job or had changed any of my spending habits to enable my net worth to grow as it did. It prompted me to tackle a project I’d [...]
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Foreclosures on the rise
Despite credit cards, borrowing money and government aid, many homeowners lost their homes to foreclosure. A recent survey done by the Mortgage Bankers Association showed that one in every seven home loans in the US were either past due or in foreclosure. That is the highest delinquency rate since 1972, when the [...]
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Our country’s history is rife with examples of unscrupulous individuals and financial institutions that have preyed on the unfortunate. Con artists seemed practically as common as bankers in the industrial age (some even consider them to be one and the same thing). From Charles Ponzi, so infamous he had a “Get Rich Quick” scheme named [...]
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