Alpha Consumer

Podcast: Credit Card Deals

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By U.S. News Staff

Posted: September 23, 2008

For this week's Alpha Consumer Podcast, I spoke with Justin McHenry, research director at IndexCreditCards.com and Zen Personal Finance blogger. He explained how consumers—especially those with strong credit scores—can benefit from the financial crisis by taking advantage of lower interest rates. He also reveals why small banks tend to come with lower fees and fewer penalties, something to consider when choosing a financial institution. And he gives his own tips on paying off credit card debt, which involve focusing on getting rid of the smallest debt first. You can also hear the Alpha Consumer Tip of the Week on dealing with stock market losses. Listen now, download at iTunes, or subscribe via RSS Feed.

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Federal Financial Bailout

My worst fear is that the fed will use my tax money to buy up the risky credit card debt from the banks and financials, leaving the public with massive debt and no chance of recovering the money from the former high rolling, credit happy consumers who will declare insolvency.
Please.....tell me this can't happen!!

Martin Vandenbroek of OK @ Sep 24, 2008 20:07:14 PM

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