Wal-Mart: Now Available on Credit!

POSTED BY Shan on Nov 6 under Paying with Plastic

Wal-Mart is poised to start offering their own credit cards, as told by this BuisnessWeek article. From a business point of view, this is a very smart move.
Remember who started Discover? It was Sears. Their credit card company kept them afloat when people weren’t shopping at Sears. They likely would’ve gone under had they not [...]

5 Steps to Becoming a Slave to Debt

POSTED BY Shan on Oct 10 under Paying with Plastic

I found this Q&A on the Washington Post website that epitomizes how you can become slave to the lender.
Here is the question that was submitted:
I received a notice from Capital One that it is closing my credit card account because of inactivity. If the company closes the account, will it hurt my credit score?
The answer [...]

Debit Card Protection = Credit Card Protection

POSTED BY Shan on Oct 4 under Paying with Plastic

It’s been a while since I’ve touted the virtues of using debit cards over credit cards.07
Patrick from Money Cash Life wrote a post about having his debit card number stolen and how easily the problem was rectified by his bank. It sucks to be the victim of fraud, but Patrick got in and out of [...]

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