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Some things in life are meant to be shared while others most certainly are not. Of course, then there are those in-between things that could arguably go either way. For many couples, finances are a black and white issue. Most couples either have combined finances or separate finances, depending on their preferences and financial situations. Some couples may have separate accounts as well as combined accounts. It really comes down to a comfort level in most cases.

Sometimes couples choose to keep separate finances to avoid one person taking on the other person’s debt. Others feel finances are a private personal matter, which can be a bit concerning in cases of marriage with separate finances. When you look at the whole picture, a couple’s decision to combine or separate finances really does come down to the individual couple, their habits, and their communication style.

Money is a common point of contention for many couples at one time or another in their relationships.

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Tags: Finances

After the variety of horror stories that people tend to see in the news these days regarding credit card fraud and identity theft it is little wonder that so many people are nervous about shopping online for fear of becoming one of the victims of this type of crime. This is particularly true when it comes to older shoppers who are more nervous about this type of crime as they are not as trusting of advanced technology as the younger generation.

However, officials have said that people should not lose out on the money and time saving benefits of shopping online for fear of this type of crime, as they can avoid becoming victims if they are vigilant and careful with their details when making online purchases and payments.

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Tags: Card, Credit Card

Dear Creditnet: I’m currently receiving collection notices from American Express for an unpaid balance on an old corporate credit card. I left the company where I had this card in late 2011.

I have combed through all my Amex bills, corporate expense reports and reimbursements, but I’ve been unable to find any unpaid charges on the card.

In addition, because the card was in my name and I incurred all the charges, my former employer takes no responsibility for the unpaid balance even though the charges were made solely for work purposes.

Will this affect my personal credit? What should I do now?

Answer: This is a difficult situation, but it’s not one that American Express is unaccustomed to handling.

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Tags: Card, Corporate Credit, Corporate Credit Card, Credit Card

Though the Durbin Amendment is hardly dead in the water, opposition has mounted since the Federal Reserve delayed announcing the regulations. Democratic senator Jon Tester of Montana introduced a bill to delay interchange regulation by two years, while on the other side of the aisle and in the other legislative chamber, Representative Shelley Moore Capito of West Virginia sponsored a similar version with a one-year delay. Banks from JPMorgan Chase and Bank of America to 50-employee credit unions loudly and frequently voice their displeasure.

In the face of growing resistance, coalitions of merchants, retailers and consumer groups closed ranks around Dick Durbin of Illinois, the second most powerful Democrat in the Senate and the amendment’s sponsor, strongest advocate.

Interchange fee regulation was dealt another blow on Thursday, as Chairman of the Federal Reserve Ben Bernanke and FDIC Chairwoman Sheila Bair testified before the Senate Banking Committee.

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Tags: Durbin, Durbin May

Remember-direct deposit saves you time and protects Mother Earth. That’s why NACHA has designated the month of May to highlight the many benefits and resources available to individuals and companies of using Direct Deposit as a means of streamlining processes and saving money. With it, NACHA is promoting all things Direct Deposit and Direct Payment including What it is, how it works, the benefits; implementation and marketing tools and resources; calculation tools to estimate how much you can save by switching your organizations payroll from paper checks to Direct Deposit; how to communicate the benefits of Direct Deposit and Direct Payment; and how to increase employee benefits by adding split deposit to your payroll program. Learn more today at www.electronicpayments.org today!

Tags: Direct Deposit, May