Tag Archives: consumers

Giving a gift card? Don’t add fees under the tree

Gift cards are an easy way to ward off disappointment during the holidays. In the best case scenarios, they give our loved ones the freedom to buy whatever it is they really want and alleviate the stress of trying to find the perfect gifts. Read More

Americans in November more confident about economy

Americans’ confidence in the economy in November bounced back to its highest level since July, the latest sign that consumers are beginning to feel more cheerful about spending during the holiday shopping season. Read More

Biggest blind spot for car buyers? Financing

Car buyers are getting smarter about negotiating prices. Securing cheap financing is another matter. It’s a common blind spot for consumers, who tend to fixate on the sticker price without giving much thought to the back end of the deal. Read More

Consumer inflation may be peaking, economists say

After weeks of pain at the gas pump and the grocery store, the worst appears to be over. Oil prices have fallen, with gas soon to follow. Read More

More than 8 million drop out of credit card use

More than 8 million consumers stopped using credit cards over the past year. The decline stems from a combination of consumer choices and bank actions.

An analysis by credit reporting agency TransUnion found that use of general purpose credit cards bearing MasterCard or Visa logos, or issued by Discover or American Express, fell more than 11 percent in the third quarter, compared with the July to September period last year…read more Read More

In Last Quarter of Year, a Focus on What’s Working

NEW YORK (AP) — It’s a question as old as investing itself: will good performance last?

The Dow Jones industrial average and the Standard & Poor’s 500 index are both up more than 5 percent this year, and barring something dramatic will finish in the black. Much of the gains can be attributed to two . . . read more Read More

Govt sues 3 biggest credit cards, settles with 2

The Justice Department on Monday, October 4, sued the three largest U.S. credit card companies for anticompetitive practices and reached a proposed settlement with two of them, MasterCard and Visa . . . read more Read More

Banks get years to adjust to rules

THE REACTION: Bankers and analysts say new global rules could make less money available to lend to businesses and consumers. But they praised a decision to leave . . . read more Read More

Understanding deflation and your money

Deflation is the potential new boogeyman for consumers, replacing inflation.

Absent in any significant way since the Great Depression, deflation — a prolonged period of downward-spiraling prices of goods and services — is seen as a possible threat… Read More

5 Ways to declare your financial independence

While Independence Day comes just once a year, millions of consumers are mired in financial dependence day after day. Too many count on credit cards and their next paycheck just to get by.

The Fourth of July holiday is a good time to resolve to clean up your finances and start freeing yourself from debt, especially because it often kicks off two months of overspendingstrong> . . . read more Read More

Zions Credit Card Ranks No. 1 for Lowest Ongoing Rate

At a time when many consumers are watching interest rates on their credit cards rise in the aftermath of the Credit Card Act of 2009, Zions Bank’s Low Rate Visa Platinum card has been ranked No. 1 in the country for the lowest ongoing interest rate for consumers with good credit. Zions Bank’s card surpassed 216 others . . . Read More

Consumers hold the cards as banks seek their trust

Many consumers feel like they got the short end of the stick from their banks despite following all the rules. Soon they may be able to leverage their good behavior into some advantages.

Bankers are using buzzwords like “rebuilding trust” and “improving customer relationships” as they revamp products and try to regain their footing in the fledging recovery. But behind those soft words are some hard realities: the battered industry needs to find ways to grow without relying on acquisitions . . . read more Read More