Tag Archives: interest

To understand interest cost, convert APR to dollars

Fred Williams

It’s bad enough that many of us don’t know the annual percentage rate (APR) our credit cards charge. But even when we do know the rate, we are not good at understanding how much the interest will cost. A new…
Read More

Emily’s list: Valentine’s Day edition

Emily Crone

My poor husband. There was Christmas in late December, my birthday is tomorrow, Valentine’s Day is next week and we have our first wedding anniversary in March. Even worse, he is in law school, so I’m trying to make things easy on him.

I’m proof that being romantic doesn’t have to make you broke. If you need suggestions for an affordable Valentine’s Day, read below for my list of favorite personal finance blog posts from the past week — several of which have many great tips for this.

Read More

Emily’s list: Super Bowl edition

Emily Crone

In this week’s Super Bowl-themed roundup, read about some of the very best credit card- and debt-related posts in the blogosphere from the past week.
Read More

Obama may reform McCain’s credit card rate

Daniel Ray

If Barack Obama’s elected president, he says he’ll reform the way credit card issuers increase interest rates. And if that happens, he may end up helping out Sen. John McCain. According to newly released financial disclosure forms, McCain’s been paying an eye-popping 25.99 percent on his personal credit card.
Read More

Sorry, cardholders, your interest rate cut comes tomorrow

Daniel Ray

Sorry, credit cardholders, last night’s rate cut was a bailout for investment bankers. Your cut comes tomorrow.
Read More