Some would call it common sense, we call it common knowledge in Louisiana, if you want to grow up and leave the house. You'll want to master these skills.
The American family is becoming a cash-only business.
The latest statistics indicates that while there has been a substantial increase in the amount of available consumer credit, people are simply not utilizing the convenience of credit cards to make their purchases.
Walmart plans to unleash a new no-fee prepaid debit card by American Express later this week called Bluebird that will be offered nationwide at some 4,000 Walmart stores and through the Bluebird website.
These days more credit card customers are paying their bills on time than they have over the course of the last decade.
A report released earlier today by the American Bankers Association indicates that delinquencies on credit cards are currently at an 11-year low, with only 2.93 percent of credit accounts reported past due by 30 days or more. These figures come in substantially under the 3.91 per
Have an American Express card that you never leave home without? You can expect a refund.
According to a report by the Consumer Financial Protection Bureau, American Express will be refunding $85 million to some 250,000 customers due to what officials are calling deceptive practices that include the charging of illegal late fees and discrimination against applicants 35 years old and up.
For nearly
Consumer error appears to be greatly benefiting the financial industry, as a new banking report finds that charges to checking accounts caused by insufficient funds generated $31.5 billion last year. That is up from $30.8 million the year before, marking roughly an overall 2 percent increase.
The days of the free checking account are nearing extinction and ATM fees are on the rise, according to the latest financial research from bankrate.com. Those annoying ATM surcharges that consumers incur every time they withdraw cash from a money mover that is not the property of the their bank have risen once again, to an all-time high of $2.50, up 4 percent from last year.
And lest you think we
It might seem almost impossible to operate in today’s economic world without the use of a bank account, but a new survey suggests that many Americans are actually doing it, opting to finance their daily lives with quick cash services and prepaid credit cards.