As Seen On MSNBC, Fox News DC, The Wall Street Journal, and Good Morning America
Monday, March 15th, 2010

Category: Banking

Borrowers vs. Savers: Who Wins?

Borrowers vs. Savers: Who Wins?

photo credit: Mariano Kamp
Borrowers may seem like the victims in the recent financial crisis, but low interest rates and higher FDIC premiums mean savers are paying for it.
Based on all the news of mortgage foreclosures and credit card defaults, you might think this is an especially tough time to be a borrower. Indeed, lending [...]

My Ordeal With Lenovo.com and Paypal Fraud

My Ordeal With Lenovo.com and Paypal Fraud

Yesterday I received an email stating that I’d just transferred $1649.00 to Lenovo.com.  I didn’t and immediately got off the phone with a client to call Paypal and then my bank.  Both stated they wouldn’t be able to help me until the pending authorization cleared or was terminated. It turns out the bank had been [...]

Why Losing My Debit Card May Be A Blessing In Disguise

Why Losing My Debit Card May Be A Blessing In Disguise

Losing my debit card usually means a frantic call to my bank to have it replaced and then a planned trip to the branch to re-pin the code so that I don’t forget the one they send me.  Not this time around.
About three weeks ago the man went to the ATM to get cash to [...]

Is My Money Safe?

Is My Money Safe?

This is a guest post by wowOwow, via Divine Caroline.com

The dramatic events on Wall Street are making us on Main Street nervous about the safety of our money. Is my savings account safe? What about my investment accounts? What about my IRA account? Who administers my 401-K? And what about my annuity with AIG? [...]