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PenFed Visa Replaces Life-of-Balance with Limited-Time Transfers 19 Oct 2009 | 08:42 am
We've covered Pentagon Federal Credit Union's tremendous Visa Cards exensively. We regret to note that their longstanding "life of the balance" promotional rate offer on these cards have ended. In eff...
New Pew "Safe Credit Card Standards" Report Argues for New Regulations 1 Apr 2009 | 06:38 pm
Today the Pew charitable trusts released a short report entitled "Safe Credit Card Standards". Pew surveyed credit card offerings from all of the largest issuers, then consulted with various stakehold...
Chase Cards Regroups on Change of Terms 28 Mar 2009 | 10:22 am
Late last year, Chase's credit card division decided to change the terms on accounts where customers had taken advantage of low-rate loans which were to be paid back over "the life of the balance". r...
Update to PenFed 5/5: watch that 5-year CMT rate 24 Mar 2009 | 01:58 pm
Last month we wrote about the great new 5/5 HELOC offering from Penfed. Since then, we've seen unprecedented moves by the treasury to to forestall the credit crisis. read more
Carrots Work Better: How Credit Card Companies should seek repayment 28 Feb 2009 | 12:05 pm
Yesterday we examined why and how credit card companies are seeking money back from the customers they once so eagerly loaned to. As discussed, we're seeing "carrots, cajoling, and sticks" the likes o...
Carrots, Cajoling, and Sticks: Credit card companies try to get paid 27 Feb 2009 | 02:39 pm
The background: card companies are panicking. It's been widely reported that as the credit crunch has evolved, credit card companies have grown ever more eager to have their customers pay down their b...
5/5 Home Equity Line of Credit: PenFed does it again! 7 Feb 2009 | 08:51 pm
As regular readers know, we're huge fans of Pentagon Federal Credit Union here at RTM. They not only give members many of the best financial deals available anywhere, but they're regularly innovating,...
Personal Finance Books are Following the "Conventional Wisdom" 21 Jan 2009 | 02:31 pm
Eleanor Laise wrote an excellent piece for today's Wall Street Journal in which she examined how personal finance books have recently changed their tone, racing to capitalize on the prevailing fear. ...
Credit Scores are (Nearly) Everything part I: How I “got religion” 11 Jul 2008 | 09:55 am
I thought it was clever financial planning. Banks thought it looked like deadbeat behavior. Friends ask why I gravitated from academic philosophy to investment management and personal finance. And so...
A Credit Scoring Guide from an Insider who Speaks English, not Jargon 13 Jun 2008 | 05:50 pm
A review of John R. Ulzheimer's You're Nothing But a Number read more
