Archive for the ‘Banking’ Category
Friday, February 18th, 2011
Paying bills by mailing out checks was common when I was growing up (1970s and 1980s), but no longer. Now, most companies have the option to accept payment by credit card or ACH debit (and if they don't, you wonder what's wrong with them). Not only that, but you can ...
Posted in Banking, Personal Finance | 5 Comments »
Sunday, October 10th, 2010
I was forwarded an article about a local woman whose bank, Bank of America, foreclosed on the house she and her family lived in only three months after her husband drowned in the river adjoining the property.
Meanwhile, in other parts of Bank of America, foreclosures are being halted all over ...
Posted in Banking, Real Estate | 2 Comments »
Friday, September 3rd, 2010
This post over at Basically Money (now a member of the new family of Stack Exchange sites) asks whether to refinance a mortgage. Here's the question:
I have a 5-year ARM at 4.5% APR. I can renew the rate at 3.25%. However, the cost of is going to be $800. ...
Posted in Banking, Real Estate | No Comments »
Thursday, August 26th, 2010
Fresh after posting on whether small credit card charges are shameful or otherwise to be avoided, I got a comment on that post. "Paul" asks:
"Wasn’t a provision of the financial reform bill that passed this July that store owners are now legally allowed to not accept a credit card ...
Posted in Banking, Cash, Commentary, Credit, Shopping | 18 Comments »
