During the run of our current original content series, Big Issue: Credit Cards, on insideARM.com, weve shared stories on a variety of credit card receivables issues whether its on the psychology of credit card collections or on the red flags to be aware of when reporting credit card delinquencies.
What we havent talked much about is the actual credit card. The literal piece of plastic that sits in your wallet in between your license where you lied a little about your weight (your secrets safe with me) and the grocery store discount card and let me just say this about that: Why? Why do I need that card? Why cant the grocery store just price the food at the club price for EVERYONE? I have a lot of feelings about groceries and food, you guys, but Ill save it for another day.
Artist Cain Motter takes credit cards and turns them into mini sculptures. The BBC has a photo gallery of some of his creations as well as a distressing photo of him thats all ridiculous abs and an Uncle Sam hat and something the young kids call pecs.
I’ve never thought President Obama cared that much about reforming the nation’s tax system. After listening to his speech this morning, I still think that. As President, he’s certainly entitled to his priorities, number one of which was health care.
And I get that the President wants to increase income taxes on “millionaires” and “billionaires.” He’s been clear on that – over and over again. But he’s not been as clear on what a “millionaire” is.
Well, today the President corrected his error by proposing what appears to basically be a new alternative minimum income tax on real millionaires. He calls it the “Buffett Rule,” but the President didn’t use that term in his speech. It may not be a bad idea as part of the solution. But he did it for the wrong reason; he did it because it’s a good political move. You can tell that by the typical lame GOP responses: “This is class warfare. This will kill jobs. The rich will stop
The idea of prepaid credit cards was materialized only during the 1990s. This new credit card type was launched as the creditors found that several factors are preventing them from reaching a large number of people. Some couldn’t get credit cards due to absence of credit history. Some, on the other hand, don’t get because of their bad credit score. Thinking about all these factors, a number of credit card companies started to offer prepaid credit cards.
Wh
at the prepaid credit cards actually are? As the name suggests, a person will have to deposit money in his credit card account for receiving prepaid credit card. The method of using prepaid credit card is the same as that of the regular credit cards. However, the spending limit for prepaid credit cards is the amount one has deposited in the account. The working procedure of prepaid credit cards is a lot like the debit cards.
The primary benefit offered by prepaid credit cards is safety. Car
– The major U.S. index futures are pointing to a higher opening on Monday, with sentiment reflecting optimism among traders over some kind of policy support forthcoming, given the worsening of the economic outlook. The oversold levels of the markets may support bargain hunting, as stocks attempt to bounce back following four sessions of losses. Asian markets ended lower, while the European averages are staging a strong rebound, engendering risk appetite. Commodities, including oil, are also advancing and this is expected to boost commodity stocks.
U.S. stocks had yet another down week in the week ended August 19th, as economic concerns continued to torment traders, resulting in a large-scale exodus from risky bets. Additionally, disappointing tech earnings also weighed on the averages. The major averages all closed lower for the week.
Last Monday, a barrage of M&A news, including Google’s (GOOG) offer to buy Motorola Mobility (MMI) helped the markets temporarily forget their economic worries and indulge in buying.
Aug
Right now, as you’re reading this, you’re completely in control of this moment, limited only by your absolute physical limitations.
You can choose to keep reading this article. Or, you can choose to go outside and take a walk. You can choose to get in your vehicle and drive to the next state. You can choose to close your web browser and start playing a game.
Most of the limits we put on our actions are completely self-imposed. We decide not to drive to another state because you don’t feel like going on a long drive at this moment. We decide not to take a walk because we’re a bit tired (or a bit lazy). The reasons for not acting on many of the options before us go on and on.
Here’s the thing: we’re conditioned from birth to do this. We are so good at just eliminating vast numbers of potential options that we don’t even think about it. We reduce our nearly infinite options down to a small set of them and make our judgments based on those handful of options. Even worse, w
The interest rates on credit cards have remained steady despite the downgrade of the countrys own credit rating according to the weekly interest report.
None of the cards which are included in the weekly survey changed their rates last week with the average annual percentage rate on new credit card offers remaining at 14.88 percent.
The average annual rate has recently seen an 8 week period of fluctuation which saw the rate rise to an all time high of 14.91 percent. However, the return to a steady rate even in the face of the recent downgrade may well indicate a return to the stability of the market that was seen throughout the early part of 2011. This is the fourth time this year that the average rate has remained steady for two or more consecutive weeks.