Credit Debt Banking News | CDBN

New assign rules haw attain it arduous for college-bound students to clear for back-to-score necessities

College teaching is pricey sufficiency on its own, but materials and supplies for a student’s studies – including a computer, building furnishings and modify matter – crapper place a deform in their wallets as well. For this reason, whatever college students bonded a assign bill for edifice purchases and emergencies. But with whatever of the viands of the Credit Card Accountability, Responsibility and Disclosure Act connected with tightened disposition restrictions for those with no assign or baritone assign scores, it haw be more arduous for students ..read more

People who make expensive mistakes or fall into hidden traps are anxious to share their pain with others. So, I’m updating my earlier post with advice from readers.

Joell had a bad experience shopping for mattresses at Sleep Country Canada. She returned the one she bought, which didn’t live up to its billing, but wants to point out flaws in the sales system.

Lou wants to warn seniors about being asked to sign up for an Optimum rewards card at Shoppers Drug Mart. His mother didn’t realize she’d be getting a new credit card, which she didn’t need, and not just a points card.

Linda has a digital TV package from Rogers, but feels she’s not getting her money’s worth because of a software bug that disables all ..read more

The Chang School at Ryerson University ran some newspaper ads, attracting 100 people to my free seminar last week. Everyone was eager to learn and share tips, including a dedicated few who kept talking and arguing outside later on.

The course is designed to reach a 20-to-35-year-old group by my partners in this venture (the Financial Consumer Agency of Canada and the Investor Education Fund). But many are older.

Beth Kaplan, a friend at the event, mentioned her surprise at seeing a middle-aged audience here in her blog. She also made the brave admission that saving and investing are hard for her, even as she nears her 60th birthday.

Many questions were about credit scores (how to get access to them and how to raise them) and ..read more

It’s time to retire the following phrases. They should no longer be used, ever, in any context except derisive mocking:

Fast and easy Putting customers first The Holy Grail of The leading provider of Legendary customer support

Also eschew these words, as devoid of meaning as a yogi’s mantra and as useless as a simile that doesn’t contribute new information:

Authentic Solution Genuine Powerful Secure Simple Innovative Insight Disruptive

These words have been corrupted by those who claim to honor their meaning but do not act accordingly.

When a company claims to “put customers first” but then uses “Level 1 support” as a shield to prevent customers from intruding on ..read more

My readers often get into trouble dealing with transactions that are unfamiliar to them. Later, they’re keen to save others from making the same mistakes.

Sue and her husband checked their credit scores at Equifax, but didn’t find them as high as expected. They learned that if you cancel a credit card, make sure to let the credit bureaus know.

Gord paid off his mortgage as quickly as he could, but was hit with a big penalty. He now knows there’s an annual limit on what you can prepay and you don’t get a warning when you go over the limit.

Stan opened a margin account to trade stocks, but paid more interest than anticipated. He discovered that if you hold Canadian and U.S. stocks in the ..read more