Posts Tagged: credit cards
104

This Is Why We Can't Have Nice Things

The study found that consumers born between 1980 and 1984 have credit-card debt substantially higher than the debt held by the previous two generations. Specifically, they have on average $5,689 more debt than people, like their parents, born 1950 and 1954 at the same stage of life and $8,156 more debt than those born between 1920 and 1924, like their grandparents…

In addition to incurring more debt, younger people are paying off their debt more slowly, too. The study estimates that the children's payoff rate is 24 percentage points lower than their parents' and about 77 percentage points lower than their grandparents' rate.

Okay, guys, what are we doing? What's [...]

155

Finance 101: Credit Cards and the Holiday Nightmare

When is the time to get one's first credit card? I don't really spend frivolously, but don't have significant disposable income. I work a full-time job that I love but that pays pretty sad wages, and freelance to supplement my primary income. The idea of having a credit card is a little scary to me, like I should be making way more bank than I do in order to have one. But as I learned when I moved into my current apartment and had to pay four months rent up front, having no credit kind of sucks, and it takes a long time to build any significant "good" credit. As I understand it, [...]

150

How I Got Rich Working at the Mall (Just Kidding)

This series is brought to you by TurboTax Federal Free Edition.

My first mistake was working at the mall, obviously. My second was working at a store in the mall about which I had once said: "I want everything in this store so bad that it physically hurts." My mom totally saw this train wreck before it hit. "Are you sure you'll be able to resist the temptation to spend all your money on clothes?" she wanted to know. I smiled and answered, "What money!" And then we laughed, because I had no money, which to my mother meant I was going to have to use the [...]

13

Fraud Detection Phone Calls

Ahhh! The

agonizing

slowness with which the

fraud detectors at Capital One

ask

about

your

357

What Your Payment Method Reveals About You

Slinging your card down: You've definitely shoved a dog's face away from you because "move."

Slinging cash down: You've consumed alcohol that's involved whipped cream in the past week.

Handing your card betwixt your pointer and middle fingers in a frisbee-throwing motion: You have a Netscape email account.

Handing your card Politician Hand style: You've watched YouTube videos on how to Dougie, but you would never Dougie in public.

Handing your card along with your driver's license: Russell Brand both scares and entices you.

4

The Pantone Honeysuckle Visa Card

Good news: Now you can buy honeysuckle-colored things — that'd be the official Pantone Color of 2011 — with a honeysuckle-colored credit card! Phew!

As a bonus, the card will communicate to others that you are "vibrant, energetic, [and] captivating," which you are, of course, because who else would choose a honeysuckle-colored credit card? Not some jerk. No, only a captivating individual would make such a bold statement with her credit card.

Ahh this inexplicably kills me.