Are you planning an international trip soon? If so, the New York Times just published this great article with tips on using a credit card while traveling overseas. Credit card companies have been beefing up security measures lately in order…
Posts Categorized In: Credit
California Debt Blog: First Class of Credit Card-Restricted Students Enters College
The first wave of freshmen affected by the new credit card reform act are beginning college this month, leading experts to wonder how successful the law will turn out to be. Under the new laws, if you are under 21…
California Debt Blog: New Regulations for Store Gift Cards to Take Effect
The credit card regulations passed in 2009 are being gradually phased in over time. On August 22, new regulations kick in that affect gift cards to stores such as Old Navy, Target and Best Buy. Gift cards will now be…
California Debt Blog: Do Not Call List Reaches 200 Million Phone Numbers
The Federal Trade Commission announced this week that phone numbers on the Do Not Call list now exceed 200 million. The Do Not Call list, which was created in 2003, allows consumers to register to prevent telemarketing calls. Consumers can…
California Debt Blog: Credit Card Companies Increasing Non-Penalty Service Fees
One result of the country’s economic recession is the emergence of new service fees on credit cards. According to this article in the Washington Post, when the recession hit, tens of thousands of credit card users were unable to continue…
California Debt Blog: New Credit Card Rules Will Limit Fees
The Federal Reserve Board announced new rules this week on credit cards that will benefit credit card holders. The rules will begin on August 22 of this year. The new rules will affect several key areas of credit card use:…
California Debt Blog: Preventing Identity Thieves from Obtaining Your Personal Information
Last week, I discussed six ways in which identity thieves obtain your personal financial information, which they then use to steal your identity. So how can you prevent identity thefts from occurring? The Federal Trade Commission recommends a three-pronged approach….
California Debt Blog: Company Blacklists Customers Requesting Credit Card Refunds
According to this article from WalletPop.com, a consumer watchdog site, the company BadCustomer.com keeps a list of customers who request a credit card reversal after making a purchase with a company. One single credit card reversal can land customers on…
California Debt Blog: FAQ: What is a debt collector forbidden from doing?
Question: I think my debt collector is harassing me. What is the debt collector legally forbidden from doing to collect the debt? Answer: The Federal Trade Commission publishes a guide for consumers that details exactly what debt collectors can and…
California Debt Blog: FAQ: Credit Checks by Prospective Employers
Can a Potential Employer Run a Credit Check on Me? In California, yes. A bill went through the California Legislature last year that would have prohibited employers from running credit checks on perspective employees, but it was vetoed by Governor…