Archive for June, 2007

Local Banks vs Online Banks

I have to hand it to the Internet. It is the greatest medium ever created! So much so that a local peasant such as myself can do business over this great medium with other peasants around the world! Even look for bargains!
I was recently reminded of a banking incidence of mine I like to [...]

Evil Credit Card Companies

I was perusing Google news when I came upon the article Your Credit Card Company is Playing Evil Tricks on You at the American Chronicle website.
Although I had not seen my credit report history for over two years, this seems to be another reason for why one should. I did, eventually, go over mine about [...]

The Balance Transfer

Some good news.
The $1,500 I wrote about left my 28% credit card and headed over to the one with the 9.25% interest rate and I still have not made this month’s payment, which should be $600. Yeehaw!
Can you tell I’m excited?
My First Command Bank credit card does not apply a higher interest rate to cash [...]

No Credit Needed Network

I joined the No Credit Needed Network and now have a pie chart updating my debt reduction progress. Although, as you will see when you visit the link you will not see a pie chart just yet, you will when I submit my first update.
The No Credit Needed Network is a network of like-minded people [...]

Predatory Credit Card Practices

This post actually started as a comment at Credit Card Lowdown’s recent post on How Credit Card Rate Jacks Actually Work.
I understand that not all of the banks offering credit cards are evil. But the majority are. They are worst than thieves.
I carry two credit cards with insane interest rates and all because of the [...]

To Networth, or not to Networth

I have been debating whether to post my networth or not. My intention was always to just write about and track my credit card debt.
I have been reading debt blogs for the past month and I have seen many debt blog owners post their networth on their blogs and even use services like NetworthIQ. Tricia [...]

Free VoIP with Skype

One of the ways I save money is with the use of free Voice over Internet Protocol (VoIP) software to make computer-to-computer (free) and computer-to-telephone (two cents a minute) calls. The software that I use is Skype.
The reason that I chose Skype over say the Gizmo Project wasn’t one where I went out and [...]

And I Start

The only debt I currently have is spread among three credit cards. Two have high interest rates (24% and 28%) and one is below the average interest rate at 9.25% (not great but I would not consider it a high rate).
The high interest rate credit cards did not start at the rate they are currently [...]