Archive for November, 2009

Online Application | Arizona Diamondbacks® Extra Bases® Credit Card

College Credit Builder asked:


The Arizona Diamondbacks® team logo can now be featured on the Major League Baseball™ Extra Bases™ Credit Card issued by Bank of America.  (www.diamondbackscreditcard.com ).   This rewards credit card is scoring big with avid baseball fans and credit card consumers across the country.  Like many department stores, colleges and airlines have done for decades, Major League Baseball™ teams are now being displayed on consumer credit cards.  These sports oriented rewards credit cards — a great way for fans to express their undying team loyalty —  are proving to be a home run in the credit card industry.

Features offered by the Major League Baseball™ Extra Bases™ Credit Card from Bank of America include:

•           No annual fee.

•           0% introductory Annual Percentage Rate (APR) on balance transfers and cash advance checks for your first 12 billing cycles.

•           Earn 1 point for every net retail dollar spent redeemable for MLB™ autographed memorabilia, once-in-a-lifetime MLB™ experiences, cash rewards and travel with no blackout dates.

•           Get an official MLB™ licensed jersey after your first qualifying transaction(s) using your MLB™ Extra Bases™ credit card.

During a period of economic instability, uncertainty in the stock market, illiquidity in the credit markets and the softening real estate market, one thing remains constant – sports fans are crazy about Major League Baseball.  Historically, baseball has given the public something to believe in and something to hope for, particularly during difficult economic times.   With the MLB™ Extra Bases™ credit card, Diamondbacks fans can be reminded of their favorite team every time they take out their wallets.  Real fans carry the card with pride.  Visit www.diamondbackscreditcard.com to complete the credit card application online in a few short minutes.

http://www.articlesbase.com/baseball-articles/arizona-diamondbacks-credit-card-major-league-baseball-extra-bases-mastercard-626492.html



Dawn

, , , , , , , , , , , , , ,

No Comments

Why should US Finance&Credit system, now being nationalized,be allowed to continue to run on For-Profit basis?

heeltap asked:


As greedy middleman, have not the moneylenders and moneychangers been taking and increasingly larger cuts from both the producers and consumers & from the savers/investors & the borrowers?
Haven’t their fees & penalties gotten unreasonable? Their contracts too punitive and legalistic?

Isn’t the US F&C system just a support function for the efficient use of capital by producers and consumers? Should money be chasing real goods and services made by efficient producers and educated prudent consumers rather than money be chasing money for profit?
THX for info, but did you A my Q about the economic role of F&CS which has been turned into a P&L business beyond what was prudent?

If I may, w/o Answering my own Q, say this was in the back of of my mind when I asked the Q: IMO, Bankers, Lawyers, & Accountants, in their support roles, do not & should not be allowed to run the US/World economy into the ground.

Donna

, , , , , , , , , , , , , ,

2 Comments

Consumer Credit Falls, Many People Still in Debt However There Are Solutions

John Paul Jones asked:


In the past year, thanks to the recession, less and less people are depending on credit to make purchases and run their business. Although still necessary in some facets, overall consumer credit balances are down. More and more people are turning to online debt solutions, such as Debt Safari which are solving many peoples credit problems nearly instantly.

Many customers continued to be frugal the past couple of months, however consumer credit fell $3.51 billion or at a 1.7% annual rate in October to $2.482 trillion — the ninth straight monthly credit decline on record, which the Federal Reserve announced on Monday.

Economists interviewed by Bloomberg News said they expected a $8.80 billion consumer credit contraction. Consumer credit is down 3.6% when compared to similar numbers last year. Also, the Fed this month revised consumer credit data that has been around since March. The total debt for September was raised by a staggering 30 billion dollars, to around $2.5 trillion from the last figure, which was 30 billion less.

Revolving consumer debt amounts, which includes most credit cards and similar, fell at an annual rate of 9.3%, or nearly $7billion to a final number of $888 billion. On the other hand, non-revolving debt, which includes things such as loans (personal or auto), increased by nearly $3.5 billion or at an annual rate of 2.6% to a total figure of $1.6 trillion, a staggering amount.

Factors during the 2007-2009 recession are almost certainly responsible for the decline in consumer credit. Wages remained the same, and almost 8 million jobs were simply slashed from the workforce, caused credit lines to crash and interest rates to soar. Banks and credit cards have literally forced consumers to reduce their credit balances this year.

Many economists view the declining consumer credit numbers as a positive thing, since during the past decade too many people overspent money that they didn’t have, resulting in higher than normal credit balances and interest rates. In the meantime, everyone struggling to pay off credit cards will hurt the GDP as consumer credit is the primary means that most people make purchases, thus driving the economy.

For people interested in paying off their credit card balances, online services such as Debt Safari can make it much easier. You have nothing to lose except your outstanding balance!



Victor

, , , , , , , , , , , , , ,

No Comments

Do I have too much debt for a debt management plan?

love my life asked:


Right now my monthly payments on all my bills total more than what I earn and bring home each month. I make ends meet with my payments usually being late, etc. I have an appointment in a couple weeks to go talk to someone at Consumer Credit Counseling Services about a debt management plan. Does anyone know if they will even be able to help me since my payments are more than my salary? Bankruptcy is not something I’m willing to consider because I work at a bank and would probably lose my job.

Vernon

, , , , , , , ,

4 Comments

Will their be a forgiveness of debt for the consumer?

mark_hensley@sbcglobal.net asked:


How can we purchase a Ford Flex, an engagement ring, a third home in one’s lifetime, and put our children through school when we cannot get the credit because like the banks we are not credit worthy. How does this work here?

Dora

, , , , ,

2 Comments

Online Application | Chicago White Sox® Extra Bases® Credit Card

College Credit Builder asked:


The Chicago White Sox® team logo can now be featured on the Major League Baseball™ Extra Bases™ Credit Card issued by Bank of America.    (www.whitesoxcreditcard.com ).   This rewards credit card is scoring big with avid baseball fans and credit card consumers across the country.  Like many department stores, colleges and airlines have done for decades, Major League Baseball™ teams are now being displayed on consumer credit cards.  These sports oriented rewards credit cards — a great way for fans to express their undying team loyalty –  are proving to be a home run in the credit card industry.

Features offered by the Major League Baseball™ Extra Bases™ Credit Card from Bank of America include:

•           No annual fee.

•           0% introductory Annual Percentage Rate (APR) on balance transfers and cash advance checks for your first 12 billing cycles.

•           Earn 1 point for every net retail dollar spent redeemable for MLB™ autographed memorabilia, once-in-a-lifetime MLB™ experiences, cash rewards and travel with no blackout dates.

•           Get an official MLB™ licensed jersey after your first qualifying transaction(s) using your MLB™ Extra Bases™ credit card.

During a period of economic instability, uncertainty in the stock market, illiquidity in the credit markets and the softening real estate market, one thing remains constant – sports fans are crazy about Major League Baseball.  Historically, baseball has given the public something to believe in and something to hope for, particularly during difficult economic times.   With the MLB™ Extra Bases™ credit card, White Sox fans can be reminded of their favorite team every time they take out their wallets.  Real fans carry the card with pride.  Visit www.whitesoxcreditcard.com to complete the credit card application online in a few short minutes.

http://www.articlesbase.com/baseball-articles/chicago-white-sox-credit-card-major-league-baseball-extra-bases-mastercard-626507.html



Jeffery

, , , , , , , , , , , , , ,

No Comments

Does California allow consumers to freeze thier credit report?

lothlorian1 asked:


This is the one of the best defences in case of identity theft. See also the Wall Street Journal article “Identity theft: Shielding Yourself” from 7/15/06, pg. B1.

Charlotte

, , , , , , ,

2 Comments