Nov 30
Nov 30
As most people know credit card interest rates have really spiralled out of control over recent years, and whilst the base interest rate has been at an all time low of just 0.5 percent for nearly two years now interest rates on credit cards are still sky high, resulting in many people paying a fortune for the privilege of borrowing on a credit card.
Over the years far too many consumers have just sat back and let the credit card companies get away with charging extortionate rates of interest by not taking any action or trying to reduce the rates of interest that they are being charged. However, people are far more savvy these days when it comes to their finances, and many are more prepared to take action when it comes to their credit card bills.
There are a number of ways in which you can cut your credit card debt interest. Full Post…
Tags: Card Interest, Card Interest Rate, Interest Rate, Rate
Nov 28
- Photo by Kevin Dooley
Okay, well you’ll obviously spend more than a dime if you bust out the credit cards during this weekend of shopping bliss. But the object is to just save as much as you possibly can, right?
So if you were in too much of a turkey coma to hit the stores at 4 a.m. on Black Friday, don’t fret—you can still redeem yourself today. Cyber Monday is in full swing and my inbox has been blowing up all day long with last-minute deals.
Why not skip out on that boring monday-afternoon meeting and take advantage of the best online bargains you’ll find all year long? Get started by checking out the following 3 sites to not only help navigate all the madness, but also quickly cash in on some sweet Cyber Monday deals.
CyberMonday.com
Your first stop should always be here.
Tags: Dime
Nov 27
During the financial crisis, government officials often talked about performing “stress tests” on the financial institutions to see how they would fare if the financial crisis worsened. I didn’t really understand what they meant by “stress tests” because I didn’t see how you could do traditional stress testing, as you would on like a chair, on a bank. If you’ve ever been to an IKEA, you’ve probably seen them demonstrate durability with stress tests (the classic robotic pushing down on the POÄNG Chair and the labeled floorboards that talk about the number of people who have walked over them), but how do you stress test a bank?
In reality, a bank stress test is simply scenario analysis. What would happen if the stock market, say the S&P500 index or the Dow Jones Industrial Index, fell by 20%? 50%? What happens if the yield on the 30 year Treasury increases or if the Fed increases the federal funds rate?
Tags: Stress Tests, Tests
Nov 27
Visa has introduced its “Borderlinx” and “SkyBOX” online shopping services in markets around the world so everyone can enjoy shopping at thousands of online merchants from the U.S. and the U.K. Making it easier for you to shop on the internet these holidays, “Borderlinx” and “SkyBOX” eCommerce shopping gives you a personalized U.S. shipping address to which retailers can mail purchased items, and then arranges for delivery to your home country. Visa cardholders in Australia, Bahrain, Canada, China, Kuwait, New Zealand, Oman, Qatar, Russia, Saudi Arabia and UAE can now register with “Borderlinx” (www.borderlinx.visa.com) for free and is offering a 10% savings for Visa cardholders in select countries during promotion periods. Meanwhile, “SkyBOX” is offering a $10 discount on their first shipment on top of free registration.
Tags: Skybox
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