Posts tagged Financial services

Financial Education Doesn’t Work (cont)

I come back to this theme because it goes so strongly against what I wish to be true. Research continues to dribble in that financial education does not help people make better financial decisions. Lauren Willis in Against Financial Literacy Education puts it this way: “The gulf between the [...]

Credit Card Act of 2009

Herea are some provisions that take effect in February 2010 Must give 45 days notice before raising interest rates. Must apply payments to the highest interest rate balance first. Minors (i.e., under 21) must have a cosigner or prove they have sufficient income/assets.  Credit limit cannot be [...]
Go to Top