Good reading for August 28th:
- Memphis Daily News – Consumers Beware: Credit Pain Could Last Years – 8/28/2007 – “[S]omeone who may have a credit card that they’re using for capacity within their household for buying things until they get paid (runs) the risk that there may be changes in those credit card debt limits.”
- Bank Profits May Well Suffer, but Credit Crisis Hardly Leaves Them Defenseless – New York Times – Interesting article on the strength of the banking business.
- Credit Crunch Moves Beyond Mortgages – WSJ.com – “Some lenders, such as USAA, are nudging up credit-score requirements across their auto loans, credit cards and personal loans.”
- As credit tightens, foreclosures plague US – Yahoo! News – “Foreclosures affected on in 693 households across the nation last month, with Nevada, Georgia, and Michigan the hardest hit.”
- Q: Who Is the Real Face of Plastic Surgery? – New York Times – “The medical industry has responded by marketing plastic surgery as if it were an appliance or other big-ticket consumer product: a commodity to be financed with credit cards and loans.”
- CCC Detective | Make sense of credit card charges – Site for collaboratively figuring out what the jumble of letters in your credit card statements represents. We do this on Wesabe through community editing, but this might be helpful for others.