MasterCard, Visa, Discover and American Express generally offer collision damage waivers for foreign and domestic rentals, but the coverage is a patchwork, with myriad exclusions and claim requirements that vary from card to card. In most cases, the rental must be booked and paid for using the card. Vans, expensive or exotic cars and long-term [...]
Another wonderful aspect of the “Reform” financial legislation passed by Congress is coming your way: Credit card companies permitting merchants to impose minimum charges on their credit cards. This does not impact debit cards. Credit card company rules prohibited merchants from requiring minimum purchases to use credit cards, even though some merchants did it anyway [...]
Be careful of bankers or mortgage loan officers offering dirt-low interest rates to refinance a home that you have owned for many years. The deal might not be as good for you as it first appears. Keep in mind that the longer the you pay your mortgage the more money goes toward your principal and [...]
Attorney General Richard Blumenthal — AND Democratic candidate for U.S. Senate – today wrote First Niagara and NewAlliance banks asking them to provide information on and justification for their proposed merger. Under Connecticut law, the state Department of Banking may only approve bank mergers that benefit Connecticut’s economy and the public, Blumenthal said in releasing [...]
Those of us who live or have lived in West Hartford, Ct know its one of the best places in the country to live and to raise a family. Kiplinger Magazine agrees and for the second time this year named West Hartford to its best 10 list: this time one of the great cities for [...]
For the fourth year in a row, American Express came out on top in the J.D. Power and Associates’ Credit Card Satisfaction Study, proving that good service even at a higher price is valued. According to the New York Times article, the study was based on “responses from more than 8,500 credit card users. Respondents [...]
Credit card issuers are aggressively advertising credit cards once again. Direct mail credit card offers were up over 80% during the second quarter of 2010 versus year ago levels. Promotional offers may sound good in the headlines, but it is important to shop around because what you see may not be exactly what you need [...]
Those of us who were forced to start collecting Social Security benefits at 62- the earliest year – still have an opportunity to bump up our benefits to a much higher level. There is a little known loophole in the Social Security regulations that permit people to pay back their benefits and start all over [...]
Dave Lieber, founder of Dave Lieber’s Watchdog Nation, accumulated more than 100 pounds of paper that needed to be shredded. Three years worth! But he was waiting for a free shred day somewhere because Watchdog Nation is all about protecting yourself and your family for free and in seconds.
The CARD Act is now in place and providing important protections for credit cardholders. Consumers are saving millions of dollars through some of these provisions, such as the elimination of over the limit fees and the restrictions on interest rate hikes during the first year of an account. Credit card companies have had to find [...]