Ed Mierzwinski
Ed Mierzwinski
based credit fix problem reports score sloppy underlying
Their score is based on their sloppy credit reports and doesn't fix the underlying problem with the reports.
finding improvement seen slight
We've seen some slight improvement ... but we are finding too many playgrounds that are unsafe.
bottom help sound
It doesn't sound like it will help very many people. And that's the bottom line.
hurt worth
It doesn't hurt to overreact, but it's not worth it to obsess.
banning card consumer gift led limiting month states unfair
States and consumer advocates think that gift card fees, such as deductions every month if you don't use the card, are unfair to consumers. Many states, led by California, have enacted legislation severely limiting or even banning such fees.
authority complain people small talk
You can complain to a small bank, but you can't always complain to a big bank. When you talk to people at a small bank, they actually have the authority to make decisions.
balance bigger company early fall minimum paying running trick trying understand
Understand that the credit-card company is trying to trick you into running up a bigger balance or paying late. Don't fall for their tricks. Pay on time, as early as possible. And don't just make the minimum payment.
consumer encouraged lawsuits penalty pressure responding
I'm encouraged that some issuers are doing this. I think penalty fees are a disingenuous way of making money, ... I'm encouraged the marketplace is responding to pressure from lawsuits and consumer complaints.
cards increase trying
They are trying to increase the use of debit cards to increase their profits.
cards credit daily emergency interest life offer paying percent pizza start
Credit cards offer convenience. Credit cards offer emergency life preservers. If you start to use your credit card for daily expenses, and you start paying for pizza at 18 percent interest -- do the math.
battle clear name prepared
Be prepared for a long battle to clear your name
cell company consumers early feet penalties phone prevent treats voting
Early termination penalties prevent consumers from voting with their feet when their cell phone company treats them wrong,
business largest sloppy
It wasn't the largest breach, but it showed a stunningly sloppy business model.
designed everybody pays penalty prevent rate service shopping
A rate is something everybody pays for their service. This is a penalty that is designed to prevent you from shopping around.