Credit Cards Mojo

3 Auto Dealer Tactics the Overhaul Missed

Sometime next week, President Obama will finally sign a financial reform bill. Plenty of banks will have to deal with messy new rules, but one big winner in the “spare me from further regulation” sweepstakes was auto dealers. Mr. Obama wanted the new consumer financial protection agency to oversee dealers and the loans they arrange for [...]

Post from: Credit Cards Mojo

3 Auto Dealer Tactics the Overhaul Missed

Interview with Nassim Nicholas Taleb author of The Black Swan

Copyright © 2010 Credit Cards Mojo. This Feed is for personal non-commercial use only. If you are not reading this material in your news aggregator, the site you are looking at is guilty of copyright infringement. Please contact MojoTipLine (at) gmail (dot) com so we can take legal action immediately.Plugin by TaraganaPost from: Credit Cards [...]

Post from: Credit Cards Mojo

Interview with Nassim Nicholas Taleb author of The Black Swan

Are Toilet Paper Sales Signaling A Strong Recovery?

For much of the last several months the attention of U.S. investors has been directed across the Atlantic, where various austerity plans, debt auctions, and credit downgrades have dominated the financial headlines and given direction to global equity markets. While the fiscal health of Europe has gradually deteriorated, several positive data releases over the last [...]

Post from: Credit Cards Mojo

Are Toilet Paper Sales Signaling A Strong Recovery?

Owners Stop Paying Mortgages, and Stop Fretting

ST. PETERSBURG, Fla. — For Alex Pemberton and Susan Reboyras, foreclosure is becoming a way of life — something they did not want but are in no hurry to get out of. Foreclosure has allowed them to stabilize the family business. Go to Outback occasionally for a steak. Take their gas-guzzling airboat out for the weekend. [...]

Post from: Credit Cards Mojo

Owners Stop Paying Mortgages, and Stop Fretting

Vulgar voicemails force debt collector to pay $1.5 million

The harassing and threatening voicemail messages left on Allen Jones’ mobile phone are nothing short of vulgar. “This shouldn’t be tolerated,” he said. “Nobody should have to experience what I had to experience.” Debt collectors from Advanced Call Center Technologies, LLC left eight messages for Jones in August 2007 trying to collect what [...]

Post from: Credit Cards Mojo

Vulgar voicemails force debt collector to pay $1.5 million

Tips that can save you from credit card fraud

With the increased use of credit card these days there have been an increase in the no of frauds related to credit cards too. One never comes to know that directly or indirectly we leave a trail wherever we go or whatever we do these days and all this credit goes to the credit card. [...]

Post from: Credit Cards Mojo

Tips that can save you from credit card fraud

How the Finance Bill Affects Consumers

For consumers trying to figure out what the financial overhaul bill means for them, the legislation the Senate passed Thursday offers some tantalizing possibilities. Merchants might offer more discounts to people who pay cash. You could get a free credit score every time a lender or landlord penalizes you with a lousy interest rate or rejects [...]

Post from: Credit Cards Mojo

How the Finance Bill Affects Consumers

Get Out of Debt with the Debt Snowball Plan

Myth: I should pay off the debt with the highest interest rate first to get out of debt quickly. Truth: You should pay off the smallest debt first to create the greatest momentum in your debt snowball. The math seems to lean more toward paying the highest interest debts first, but what I have learned is that [...]

Post from: Credit Cards Mojo

Get Out of Debt with the Debt Snowball Plan

Consumer debt is not your friend

Here’s a simple MBA lesson: borrow money to buy things that go up in value. Borrow money if it improves your productivity and makes you more money. Leverage multiplies the power of your business because with leverage, every dollar you make in profit is multiplied. That’s very different from the consumer version of this lesson: borrow [...]

Post from: Credit Cards Mojo

Consumer debt is not your friend

Its The Banks, Stupid — And Us, And…

We’ve heard much of it: Mortgage backed securities i.e. bonds, touted as spreading the risk for high-risk, would-be home owners to abet home owning, but relieving the lending banks of the risk of default by off loading that risk to the bond holders. Credit default swaps, called swaps after intense lobbying by the big banks [...]

Post from: Credit Cards Mojo

Its The Banks, Stupid — And Us, And…