All Posts Tagged With: "congress"

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Bankruptcy Cases Up at the End of 2009

While most people felt at least some impact of the recession, reports show that there was a significant increase in bankruptcy filings for both businesses and individuals at the end of 2009. Nearly 1.3 million people filed for protection which is a 32% increase from the first eleven months of the previous year.
The National Bankruptcy [...]

January 4th, 2010 | tisha | Comments | Continued
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New Regulations for Gift Card Holders

With the holiday shopping season almost in full swing, the Federal Reserve is set to propose new regulations for gift cards, a $50 billion dollar industry. Many of the gift-card issuing companies have applied fees and imposed requirements that essentially cost the consumer additional money without making a single purchase. For instance, many companies still [...]

November 19th, 2009 | tisha | Comments | Continued
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Credit Card Companies Hiking Rates Before 2010 Changes

On February 22, 2010, credit card companies will no longer be allowed to suddenly increase interest rates and penalty fees so many companies are taking advantage of the limited time they have left. Lawmakers have been sending letters to credit card companies, asking them to voluntarily freeze their rates until the new changes take affect [...]

October 12th, 2009 | tisha | Comments | Continued
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Get Cash For Your Old Clunker

The Senate recently passed a ‘Cash-for-Clunkers’ bill which will offer cash vouchers in amounts as much as $4,500 to consumers who trade in their old vehicles for new, more fuel efficient vehicles. The bill is now on its way to President Obama for approval. The President is said to be a strong supporter of the [...]

June 22nd, 2009 | tisha | Comments | Continued