Credit Card Review: Biodegradable Discover® More (SM) Card
Posted on November 9th, 2009
If you read our previous review of the Discover® More (SM) Card, you may be considering a switch to this immensely popular cashback card. But before you sign up, you might want to take a look at the Biodegradable Discover® More (SM) Card first. T
JP Morgan Chase Opens the Checkbook Back Up For Executives
Posted on November 9th, 2009
Has it been long enough for banking executives that were denied their bonuses to learn their lesson? JP Morgan Chase seems to think so, as it has lifted the salary freeze it had placed on employees earning more than $60,000 a year during the height of the financial crisis last year. Raises are expected to take effect early next year.
by epicharmus
“Best Principles” Pay Schedule
In addition to the salary increases, Chase has also promised a $500 bonus to employees that receive less than $60,000 a year, and that it will re-institute the 401(k) matching program for qualified employees. The
0 Balance Transfer Credit Card – Better Than 0 Interest Rates
Posted on November 9th, 2009
With a 0 balance transfer credit card, you will be able to eliminate monthly interest payments. Also, if you can move all your balances to one single credit card, managing your debts would be so much easier.
A lot of cards offer an introductory APR for as low as zero percent for a particular time period. Individuals who find themselves in a complex credit card debt problem can certainly take advantage of this offer. Some creditors will even offer a low APR until you have settled your entire transferred balance. This offer does not usually come with a zero APR, but the interests are considerably lower than your existing credit interest rates.
It is relatively easy to find a 0 balance transfer credit card. Most people even find themselves receiving solicitations from several major credit companies periodically. However, know that for each offer of zero interest rates, there usually is a catch. Researching and analyzing each detail about these cards can help you choose the best one for your needs.
First, it must be emphasized that a 0 balance transfer credit card is just an introductory offer. The zero interest normally lasts between six to twelve months. Moreover, the period offered on this introductory zero APR is generally determined by your credit scores. So while choosing this kind of balance transfer, thoroughly review the introductory offer and guidelines. You have to be certain that this introductory offer will work to your advantage in the long term.
There are some cases wherein a credit card company will ask you for an initial balance transfer of one of your credit card accounts along with the application of your balance transfer. If you encounter such an offer, be informed that there are balance transfer credit cards out there that provide flexibility on balance transfers. This kind of offer will allow you to transfer all your balances at any time during the introductory period.
Another important thing to know is that nearly all 0 balance transfer credit cards charge a transfer fee. Most credit card companies normally ask for three percent of the total amount of all your balances. With this in mind, you have to make sure that the transfer fee does not cancel the financial advantage that you are aiming for. Fortunately there are plenty of credit card offers that do not charge any transfer fees when doing a balance transfer. With a little bit of patience and research, surely it will not take long for you to find this kind of offer.
Remember that you are transferring your balances to a 0 balance transfer credit card, not only to make it more convenient in paying credit card bills, but more so in order for you to get the best deals when it comes to interest rates, fees and service charges. Transferring all your credit card bills will surely help in more efficient credit management. More importantly, it can be a vital tool in eliminating your debt problems.
Ray of light: U.S. temp worker hiring increased by 34k in October
Posted on November 9th, 2009
To say the current economic climate has been ‘thin on good news’ would be an understatement.
But here are two data points that represent definite uppers: first, monthly job losses have declined to about 190,000 — still large and unacceptable, using any macroeconomic model, but light years away from the 500,000 and 600,000 monthly job losses that characterized the financial crisis’ acute stage earlier this year.
Second, the hiring of temporary workers increased substantially in October to 34,000; what’s more, 44,000 temporary jobs have been added to the U.S. Read more…
Student Loan News – Oxford University down to 5th place in University Ranking
Posted on November 9th, 2009
Oxford University, one of the leading Universities in the world, has suffered an unprecedented fall in its rankings according to the latest postings of the Times Higher Education Magazine. The raking is based on a collaboration effort between the magazine and the careers and education group.
The survey showed that Oxford University has fallen from second place in 2004 to fifth place behind Harvard, Yale, Cambridge and University of London. Actually, the 800 year old Oxford University is barely holding fifth place placing as they are tied with Imperial College of London.
Bank of America Officials Asked to Testify In Congressional Hearing
Posted on November 8th, 2009
As if Bank of America isn’t having a hard enough time replacing CEO Ken Lewis, now three bank officials have been asked to testify at a congressional hearing this month. The hearing, which is scheduled to occur on November 17th, will focus on the controversial acquisition of Merrill Lynch this year.
US Congress Photo by Caribe
The Allegations
Bank of America has been accused of misleading shareholders concerning the details of the Merrill Lynch deal, including the $5.8 billion in bonuses that the bank ok’ed for Merrill Lynch. Ban