Dan Ray

Daniel P. Ray

I'm Daniel P. Ray, CreditCard.com's editor in chief, and I've been writing and editing consumer-oriented stories about personal finance -- especially debt-related issues -- for about 10 years. Before joining CreditCards.com in July, 2007, I was an editor at Bankrate.com, including six years as editor in chief...

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We have, through our psychographic tag cloud software, delved into the mind of Fed Chairman Ben Bernanke to get his real reaction to his renomination.
Sure, the credit crunch has made you sick. But it has also caused a host of banking and Fed related words and phrases to enter the popular lexicon. Can you find them all in this word search puzzle?
People are mad as heck at their credit card issuers. It's March Madness time. Let's mash the two ideas together and do a March Credit Card Madness word puzzle!
Here's what Fed Chairman Ben Bernanke's speech today looks like in a tag cloud. Financial is BIG! Help is tiny.
The coverage of Fed Chairman Ben Bernanke's meaty speech yesterday rightly focused on his remarks about the overall economy. But he did give some insight into the Fed's actions regarding credit cards, and since we're CreditCards.com, I figured it would be worth presenting those remarks in depth here.
The Federal Reserve's periodic report on the economy shows continued problems.
Take a gander at the tag cloud made from the speech by one of the bailout program honchos.
When men compulsively overspend, new research asserts, we're not simply being irresponsible. We're also responding to instincts our caveman ancestors developed to win mates. And it still works.

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Free advice on the word "free."
The 177th edition of the Carnival of Personal Finance has gone live, and the host was kind enough to include my ruminations about the Wall Street comeback of Randolph and Mortimer Duke.
Remember the crooked Duke brothers, Randolph and Mortimer, from the '80s comedy films? They're back in business.
We at CreditCards.com have, at no small expense, purchased telepathic cloud tag software that allows us to combine what a statement says, with what its writer was thinking. We've applied it to today's post-rate-cut Fed statement.
What do you call a blog's first birthday? A blogiversary? A blirthday? Whatever it is, wish us a happy one. Taking Charge, the blog of the CreditCards.com editorial staff, published its first item a year ago today.
Lots of corporate news today confirms that as credit card delinquencies rise in this sour economy, card issuers are tightening their lending standards.
Here's a look at the somber, even gloomy speech today on the worldwide credit crunch (which, by the way, is NOT a new General Mills breakfast cereal) from Federal Reserve Board Chairman Ben Bernanke -- in tag cloud format.
Miley Cyrus, the perky teen star of "Hannah Montana" fame, this week had her credit card confiscated due to overuse! For six whole months! OMG! According to the Google News story count, that story is a little more than half as important as the worldwide credit calamity.
In announcing this week that it would allow flat, unembossed cards, Visa put out to pasture the old sliding machine with a distinct sound -- the onomatopoeiacally named zip-zap.
People going bankrupt just saved $25. The magic counseling certificate that unlocks the doors of the bankruptcy court should still cost $50, not $75, an executive of the United States Trustees has ruled. The administrative ruling also contains a reminder of an important lesson that everyone who deals with nonprofit agencies should remember.
Here's the scariest credit card statistic I've seen this month: Nearly three in 10 American workers say they have more credit card debt than retirement savings, says a new poll.
Do you travel abroad? Don't count on one piece of plastic to carry you through your journey. International travelers are increasingly finding their U.S.-based credit cards may be refused, due to politics, merchant revolts or obsolescence.
A new consultant's report shows that in general, that Americans are still increasing their credit card spending, but their credit card issuers are hurting, and passing along their pain to consumers, and will continue to do so into next year.
In an interview with Maria Bartiromo, Alaska governor and Republican vice presidential pick Sarah Palin hints that she may be active on a front that John McCain has been silent on -- credit card reform.
Southwest Airlines has announced that as of Sept. 9, it's joining the cashless movement that has been sweeping through airline cabins for the past few years.
You can get a credit card with your dog's picture on it. You can get a credit card featuring the band KISS. But you can't get a credit card from the Tightwad Bank of Tightwad, Mo.
When Democrats leave their convention events in Denver and head back to their hotel rooms, they may have sweeping oratory in their ears, but they'll be carrying wood chips in their pockets.
The Delaware Democrat may come from a banking haven, but disclosure forms show no one's given him a ladle and a seat at the money river.
Forget the Clinton-Obama make-up dance. Forget the Veepstakes. At last, the important news has come out in Denver: At the Democratic convention, there will an important display of payment technology disguised as reporter swag.
New York state attorney general cracks down on Long Island gas stations that charge a surcharge for use of credit cards.
A federal proposal would force lenders to tell consumers "You're getting a bum deal because of your bum credit."
Credit card issuers sharply tightened lending standards in July, hiking rates, slashing credit limits and generally getting stingier about issuing cards, according to a Federal Reserve survey released Monday afternoon.
Business owners, if you have a merchant account that lets you accept credit or debit cards, Uncle Sam just stuck his nose further into your business.
The online version of a Chicago Tribune exposé about the evils of online title loans and online payday loans is full of links to online title and payday lenders.

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