Bad debt never dies. True, after a period of time, the debtor may not be legally obligated to repay the debt because the statute of limitations has expired, but the debt does not go away. The original creditor sells the bad debt to a collection agency. And there it sits. Debt collection firms will try [...]
A reward program is one credit card perk with which you are probably familiar. Each purchase made with a reward credit card earns points that can be redeemed for cash, gift cards, merchandise, airline miles, gasoline, and so on. What you may not know is that most credit cards offer a number of other benefits. [...]
According to a recent New York Times article, there is about half the amount of currency in circulation in the United States in proportion to economic activity as there was forty years ago. Production of one, five, and ten-dollar bills by the Treasury Department is at a recent historical low. The reason? The prevalence of [...]
