Odysseas Papadimitriou

Consumer Credit Card Debt Exhibits Dangerous Trend, Study Shows

While previous projections put the end-of-year consumer credit card debt level at $54 billion, that estimate was adjusted upward to $64 billion following 2011’s third fiscal quarter, which saw U.S. consumers add nearly $17 billion...

How the Debt Laden Consumer Can Reach Zero Balance

After deciding to confront your debt and vanquish it to life’s rear view mirror, your first step should be evaluating your spending habits. After all, spending beyond one’s means of payment is the basic cause of...

Improving Bad Credit Post-Recession

The Great Recession had a significant impact on consumers' credit scores, and thus, their access to credit. A recent study from FICO, the largest credit scoring company, shows that an increasing number of consumers fall into the bad credit...

Identifying the Most Transparent Credit Card Companies

It’s no secret that credit card companies aren’t always up front with their customers. There’s no way to truly know what you’re getting into when applying for a credit card unless you...

Unclear Interest Rate Policies Still a Problem for Consumers

A credit card agreement isn’t anyone’s first choice for reading material. The language is arduous and the terms are intentionally vague. That being said, it’s still important for consumers to understand the message that...

Using a Personal Credit Card to Fund Your Business

Running your own business takes energy, organization – and a whole lot of money. Using a credit card for funding a small business can provide you with the resources you need when you don’t have the cash. However...

Consumer Debt Likely to Increase in 2010

The storyline in recent months has been that we are in better financial shape than we were this time last year. While that may be true by some measures, CardHub.com released the Q1 2010 Credit Card Debt Study this...

Loophole in Credit CARD Act Allows Unfair Payment Allocation

As we all know, the Credit CARD Act that came into effect earlier this year was meant to protect consumers from egregious practices by the credit card companies. By and large, the new rules do a good job in accomplishing...

Tips on Using Your Credit Card Abroad

Credit cards are a great addition to any trip, especially when traveling overseas. They offer some of the best exchange rates and the convenience and security of carrying around as little cash as possible. Using a credit card also ensures...

The Truth about Google's Net 'Neutrality'

Google supports net neutrality when it comes to Internet Service Providers, staunchly insisting that ISPs should not be allowed to preference their own content. In an article concerning net neutrality, Eric Schmidt, Chairman and CEO of Google, argued that regulation...

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