More consumers than ever this year will see how their credit scores are used to determine their interest rates and loan terms. But the effort to provide more clarity may instead lead to more confusion. Under a provision of the Dodd-Frank financial-overhaul law that takes effect in July, all consumers who are turned down or don’t get the...
Bank of America is assessing a new $59 annual fee on select credit card holders. According to a spokesperson, the fee will be assessed on May statements and will affect about 5 percent of the bank’s credit card customers. The fee isn’t tied to a specific type of card and is based strictly on the customer’s risk profile....
We’ve become enamored to our technologies. They allow multitasking and we pursue it with alacrity. If, however, we think that such multitasking makes us more productive, think again. The benefits of multitasking are a myth. There are some hard limits to how we can pay attention. We can really only pay attention to one...
When AOL launched it dial up service more than 20 years ago, most of us were happy to pay the money to be connected to the Internet and pay for the privilege of the slow connection and weird noise when connection was made. Unfortunately today thousands of people are still paying $25 a month...
