The new CARD legislation will have some potentially unwelcomed side effects that were unforeseen by Congress (big surprise). Here’s what could go wrong.
Tweet APR is annual percentage rate. APY is annual percentage yield. So what’s the difference? Both have formulas based on legislation. The Truth in Lending Act dictates how an APR is calculated, while the Truth in Savings Act describes how […]
Long time readers of The Wisdom Journal know my stance on most credit cards – don’t care them but they’re a necessity in today’s economy it seems. If you’re currently carrying a balance on another card, Discover is offering 0%
A review of Entrecard, how it works and how to use it to your advantage.
Tweet Bankrate.com recently published a Financial Security Index (a survey by Princeton Data Source) that polled Americans about their emergency savings and credit card debt. The results were interesting so say the least. First the good news: a majority of
Discover Bank High Yield Savings Accounts now have an interest rate equal to their 12 month CD and surpassing ALL of their money market accounts – even the money market accounts that have a balance in excess of $100,000. You’d