Avoid Falling Prey to a Credit Card Scam
If you have limited credit or a rocky credit history, rest assured that there are credit card lenders that will consider you for a credit card. It’s true that you will pay more for financing…
Mary Tomkins
Mary Tomkins is a freelance writer located in Spartanburg, SC, with emphasis on economic news and research on the financial industry.
29% of U.S. Households Don’t Have a Savings Account
More than one in four American households do not have a savings account and one in ten don’t have a checking account, the Federal Deposit Insurance Corporation found in a 2011 survey released on Thursday.…
U.S. Median Income Falls But Fewer Are Without Health Insurance
Americans continued to feel the pinch in a sputtering economy and saw their incomes decline for the second year in a row – but fewer people are going without health insurance, according to a report…
12.5 Million Unemployed in August
The national unemployment rate fell from 8.3 percent to 8.1 percent in August, according to Labor Department statistics released on Friday. The economy added 96,000 jobs last month – mostly in food services and drinking…
Consumer Confidence Up Slightly in July
Consumer confidence rose slightly in July after declining for four straight months – but consumers still remain cautious due to the job market, a private research group reported on Tuesday. The Conference Board reported that…
FTC Supports New Protections for General Purpose Reloadable Card Users
In a comment to the Consumer Financial Protection Bureau on Monday, the Federal Trade Commission expressed its support of new protections for users of general purpose reloadable (GPR) cards. GPR cards are a type of…
Credit Card Spending
Consumers started racking up their credit cards again in May as revolving credit increased by a whopping 11.2 percent – or $8 billion – for the largest one-month gain since 2007, according to data released…
June Unemployment Unchanged at 8.2%
The economy gained a mere 82,000 jobs and the number of unemployed remained virtually unchanged at 12.7 million in June, the Labor Department’s Bureau of Labor Statistics reported on Friday. The jobs gain came predominantly…
FTC: Latest Scam "Free Money from the Government
Con artists have no qualms about taking advantage of people during hard times. You may have heard or seen ads that promise the government has free money to help you pay your bills, but the…
Census Bureau: 2010 Employers Declined Less Than Year Before
The total number of employers fell in the U.S. in 2010 for the third consecutive year in a row – but at a slower pace than earlier years, according to a government report released on…