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News Library - August, 2005

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Q2 Bankruptcy

Q2 Bankruptcy

During April, May and June, there were 467,333 consumer and business bankruptcy filings, an 11% increase over one-year ago driven by new bankruptcy laws. The "Bankruptcy Abuse Prevention and Consumer Protection Act of 2005," became law on April 20th, although ... more
Teacher Ed

Teacher Ed

The University of San Diego's Division of Continuing Education is offering two online graduate level money management courses for elementary and secondary teachers. The courses are designed to help teachers improve their financial literacy skills while ... more
Citi Tap-n-Go

Citi Tap-n-Go

Citibank has made its entry in the emerging "Tap-and-Go" contactless payment arena by introducing a "MasterCard PayPass" key chain device for its debit card customers. As it launches the debit fob device this fall, Citi will begin to pilot "PayPass" for its ... more
July Bankruptcy

July Bankruptcy

Personal bankruptcy petitions in July declined nearly 7% from June and were only up 2% over year-ago levels. The surprise softening was the first since February when it became evident that bankruptcy reform legislation was going to pass Congress. more
Payback

Payback

The amount Americans are paying each month on their credit card bills continues to hover at record levels. After dipping in May, the average is now about 18.5% of the outstanding balance. more
School Bonus

School Bonus

Parents shelling out dollars to their kid's school can rack up some serious miles this fall. The "United Mileage Plus VISA" is offering two miles for every dollar spent that exceeds $1,000 and is paid directly to schools through the end of this year. more
Do Not Call

Do Not Call

The two-year old "National Do Not Call Registry" topped 100 million phone numbers last week. To-date, 65% of the registrations were made via the Internet. California leads the nation with more than 12 million phone numbers registered since June 2003. more
Minimum Payments

Minimum Payments

A new survey suggests the impact of higher minimum credit card payments may only affect 10% of U.S. cardholders. However, other previous surveys indicate that as many as 39% of Americans may be making minimum payments. more
3-in-1 Offer

3-in-1 Offer

Competition is heating up among the three major credit bureaus for delivering the highest value credit monitoring service. Trans Union has just introduced a new service that offers unlimited access to the credit reports and scores of all three bureaus for ... more
Students & Cards

Students & Cards

A new survey has found that about half of college students max out their credit cards some or most of the time. The research also revealed that nearly six out of ten students never pay balances in full or pay in full less than half of the time. more
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