Category Archives: Banks
Creditors Start Charging Customers for Paper Statements
Credit card companies are trying to reduce their use of paper – but it’s not because they want to go green. Rather, they want to hold on to more green. In the last couple months, credit card issuers have been sending out information about term changes in order to comply with new credit reform legislation,… Read More »
Banks Start Charging Fees for Paper Credit Statements
Despite recent credit card reform, credit card companies aren’t giving up all their tricks. If you’re anything like most Americans, you’ve probably been receiving a glut of mail from credit issuers in recent months – most of it notifying you of rather big term changes like higher interest and steeper penalties for exceeding your credit… Read More »
Bank Lets Some Homeowners Stop Foreclosure This Christmas
Citibank is giving a few thousand Americans the ultimate Christmas gift this year. Problem is, there isn’t enough to go around. The megabank recently announced it would put foreclosures and evictions on hold for some 4,000 homeowners this holiday, according to MSNBC.com. The break applies to homeowners with Citibank-owned loans and lasts through the middle… Read More »
Some Home Foreclosures on Hold for the Holidays
Citibank is giving some 4,000 homeowners a very happy holiday. The banking giant is suspending foreclosures and evictions for people with Citi-owned loans through mid-January. A company spokesman said the aim is to reduce stress during a notoriously hectic time of year, according to MSNBC.com. In the meantime, the bank says it’s at work on… Read More »
Consumers Credit Is Getting Harder to Come By
We often hear about how we shouldn’t rely so much on credit. But rarely do we hear the other side of the story – the fact that many of us could no longer qualify for more credit if we wanted it. Just a few years ago, lenders were handing credit out like candy – in… Read More »