New Law Forcing Credit-Card Issuers to Play Fair
The rules of credit are changing. Consumers will see improvements this month as credit-card companies roll out the latest in a big series of government-ordered reforms on how they operate.
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Read more on WallStreet Journal via Yahoo! Finance
The Credit Guy: Paying off debt to aid score takes time but is worth it
Q: If I pay an account off that has been delinquent since 2005,will the delinquent account stay on my credit for seven years fromthe date of my payment?
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Read more on Arizona Daily Star
Where Do You Stress?
The European stress tests continue to be discussed in the media. The irony is that the stress tests were intended to de-stress the markets. Instead, the response has been all over the place.There were the suspicious:”European Union stress tests found banks need to raise 3.5 billion euros of capital…
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Read more on The Daily Reckoning