A New Plague on the Unemployed
It’s bad enough that 13.2 million people are unemployed, that many who are eligible have been unable to secure unemployment benefits, that millions of part-time workers in the 16 highest-unemployment states are not eligible for unemployment benefits, that millions of unemployed people are losing their homes and considering bankruptcy. But, there’s a new plague swarming [...]
Personal Finance: Ditch Your Credit Card as Fast as You Can
JPMorgan Chase, the nation’s largest credit card issuer, has begun charging customers who took advantage of low promotional rates a $10/month ($120/year) fee. If you took advantage of one of Chase’s low promotional rate offers to transfer a large balance from another card, and you have carried that large balance for more than two years, [...]
Lay-Away for the Holidays
In a truly retro moment in the market, something I thought was gone with the Blue laws is back. Lay-away is making a comeback. Just in time for the holidays and the credit clamp-down, TJ Maxx, Marshalls, Kmart and Burlington Coat Factory have announced the rebirth of lay-away. Kmart’s even running national radio and TV [...]
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