How will the CARD act affect you? That depends in part on which type of credit card you’ve got in your wallet.The combined impact of the economic downturn and the restrictions placed on credit card companies by the Credit CARD Act mean card issuers will be changing how they do business in ways that will […]

More holiday shoppers this year are using cash or debit cards to avoid overspending with credit cards. But what about the rest of the year? Is it possible in a credit-dependent society to get by without plastic? “Credit cards are not necessary,” says Ed Fredericks, a finance professor at Pepperdine University. “Originally, credit was seen […]

by Andrea Hermitt I did an interview this morning on Living without credit cards. It was on The Take Away, an early morning National Radio Show. Myself, a man in Los Angeles, and a financial expert Beth Kobliner were interviewed on life without credit cards and how we cope with them. During the radio interview […]