From the category archives:

Banking

Why Pay High Credit Card Interest Rates with Low Rate Alternatives Out There?

Given the current economic environment, historical spending patterns and myriad other causes, millions of Americans are faced with mounting high interest rate credit card debt each month because the rate they’re paying on existing credit card accounts is at exorbitant rates of 20%-30%. While the most obvious alternative would be to pay down credit card […]

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Should the US Adopt a “Bonus Tax” Like Europe is Enacting?

I was rather dismayed but not surprised when I saw the news that the United Kingdom was enacting a “bonus tax” which is to be a one-time tax on bonuses of bankers in excess of $40,000.  As the circus spread its influence, France signaled that it will enact a similar policy and Germany’s chancellor referred […]

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