| Nice income but not much credit history
Dear Liz: My husband and I decided to start using a second airline frequent-flier program and applied for its credit card. I was turned down on the grounds of "few revolving accounts opened long enough to establish credit history" and "not enough accounts opened long enough to establish a credit history." My husband then applied for the same card, with the same response.
We have an annual income above $170,000, we own a $750,000 home outright and have investments of $1.5 million. We have no debts and we've had the one credit card we use (a MasterCard) for 15 years. We always pay the bill in full every month, and we have never been anywhere near the $25,000 credit limit. Our FICO scores are about 750.
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Ruling: TJX No Longer a Federal Case
The largest credit card data breach in history is now a matter for a Massachussetts court.The worst credit card data breach in history is a federal case no more. A federal judge overseeing the TJX cases in effect fired himself as TJX judge on Tuesday, and ordered the case out of federal court and into Massachusetts state court. U.S. District Court Judge William Young also praised Visa as a "hero" because it conducted its own investigation and worked out a settlement with a class of plaintiffs. "I find this very significant, [that] theyve worked out a settlement with an opt-in class. Opt-in classes are very desirable," the judge said from the bench. The judge was referring to an agreement that Visa worked out with TJX where TJX would directly pay some of the plaintiffs banks.
50 more ways to save money
And it's certainly not for anyone who has a weakness when it comes to credit cards. The providers aren't stupid and will try to exploit that weakness by casually offering more debt when you call to activate your new card, or by sending credit cheques in the post. A tempting offer if you're weak. Beware. If you have a history of credit card problems, cut the cards up. Certainly don't take out more. You could save yourself Potentially £1,000s and avoid a lifetime of financial misery.
Sort out all your finances in eight steps 11. Dump First Direct
Chris Pilling, the new chief executive of the once-respected bank, First Direct, issued an alarming edict last year. Anyone earning less than £24,000 a year was not welcome at his bank - a big kick in the teeth to pensioners, women on maternity leave, nurses and the like.
YOUR MONEY: Charities sometime prey on the elderly, too
My mother-in-law is in her 80s, a "Rockefeller Republican" who is still politically and civically active whenever her health allows it. Recently, however, she spent eight days in the hospital.While she was away, the phone rang almost every night with calls from telemarketers hoping she’d help out some political or charitable cause. While my in-laws are on the national do-not-call registry, political and charitable groups are exempted; a long history of being active donors has made them targets for every group that has a copy of the mooch list.My mother-in-law still picks her causes carefully; she’s socially liberal but fiscally conservative — the definition of a Rockefeller Republican — and wants to continue making a difference.So imagine the surprise when her mail included a letter from Fidelis — a national organization that is the antithesis of her politics — saying that her December donation had failed to go through because the credit-card information was incorrect.The note sparked my curiosity because so many things about it seemed out of place.
Governor not fazed by banquet hall critics
Bredesen said he felt "disappointed" over Ramsey's comments, saying the lieutenant governor had sat with him in the governor's conference room and discussed the project's financing. He said Ramsey knew the project involved both public and private funds, and that costs had gone up. "I thought he was more of a stand-up guy than he proved to be on that one,'' the governor said, adding that he would find something else they could work together on. The foundation, which Conte chairs, has raised about $8 million for mansion renovation and expansion project. Taxpayers will have to pick up the rest of the $19.2 million cost. Mansion renovations are almost completed and blasting could start later this month on the underground hall.
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Eric Halvorson's Blog
Today, in our 5 o'clock newscast we offered some ideas for enjoying a "green" Christmas. In that case, the Natural Resources Defense Council offered ideas comparable to others I heard earlier in the day from the Sierra Club. A spokesman for the club says, between Thanksgiving and New Year's Day, we generate an extra five million tons of garbage - and a lot of it is probably wrapping paper that can't be recycled. That's why the NRDC and the Sierra Club encourage alternatives to wrapping paper. For certain people, old maps would be a great idea. (My dad, for example, would probably enjoy the map as much as the gift inside it.) A member of the Sierra Club says you might try something like butcher paper and have kids draw something on the paper. Club members also suggest making the wrapping part of the gift - such as in a scarf or a decorative box that can be re-used in some way.
JAQUITTA'S JOURNEY: Read Her Blog
It's finally happened after all the hot flashes, being super hot and then back to normal, sweating, you name it. I'm catching a cold---beginning with a sore throat that's actually sore and scratchy. Difficult to swallow, so I'm already on the meds. Okay, today was day 2 of radiation. It's a fairly quick procedure. I have to lay down on my back on this huge piece of equipment with my arms up over my head holding onto a bar. You don't feel anything at all, it's relatively quick and easy for me. Actually it's a breeze after going through chemo. I'm just a lot more tired today because I think I'm getting sick, so I'm trying to take cold med's to hedge it off. Anyway, back to what radiation is like -- when the radiation is being administered there's this loud buzzing noise and a red beam of light.
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