ChicagoNow 1 month ago

Financial advice, credit cards over debit cards discussed in Essence magazine

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From the perspective of someone who has pretty good credit, I agree with using cash. My father is a banker and my mother works at a credit union, so I got lectures on good credit as soon as I could comprehend what good credit meant. Full Article at ChicagoNow

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  1. Like a lot of credit-card-carrying Americans, Paul Antico has had his wallet hit hard in recent months. His Bank of America credit card went from a fixed interest rate to a variable one that changes from one billing cycle to the next. Full Article at Newsweek

  2. Last month, Eddy failed to make a payment because the bill had been shuffled under some paperwork. Though the card company said no penalties would be forthcoming, Eddy’s interest rate suddenly skyrocketed from 13.99 percent to 32 percent. Full Article at Columbus Ledger-Enquirer

  3. Ed Myska works as executive vice president of El Segundo's Bank of Manhattan, so it's pretty fair to say that he knows a thing or two about keeping his financial house in order. Full Article at Los Angeles Times

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  1. NEW YORK - AUGUST 11:  CEO and Publisher of Essence Magazine Ed Lewis (striped suit) and singer Ashanti (red dress) are joined by Tina douglass and others in a group shot during the unveiling of the 'Be Amazing' billboard at Duffy Square on August 11, 2009 in New York City.
  2. Actress Taraji Henson poses on the press line at the Essence Magazine 2nd annual awards luncheon in Beverly Hills, Calif. on Thursday, Feb. 19, 2008.
  3. The Greenpeace Rainbow Warrior ship goes past the city hall in Oslo December 9, 2009. U.S. President Barack Obama will be awarded the Nobel Peace Prize in the city hall on December 10.
  4. KABUL, AFGHANISTAN - DECEMBER 09:  U.S. Secretary of Defense Robert Gates (C) looks at a weapons display while meeting with members of coalition military at a NATO aviation training facility at Kabul International Airport December 9, 2009 in Kabul, Afghanistan.
  5. DENVER - DECEMBER 08:  U.S. Army recruiter Ssg. James De Nola (R) speaks to a potential soldier at a career fair December 8, 2009 in Denver, Colorado. Some 500 applicants turned out for the job fair, despite the bitter temperatures and snow.
  6. WASHINGTON - DECEMBER 08:  Select Committee on Energy Independence and Global Warming ranking member Rep. James Sensenbrenner (R-WI) attends a news conference on 'energy, climate-gate and President Obama's trip to Copenhagen' with members of the House Republican American Energy Solutions Group at...
  7. WASHINGTON - DECEMBER 08:  Commander of the International Security Assistance Force and commander of United States Forces Afghanistan U.S. Army Gen. Stanley McChrystal (L) and Ambassador to Afghanistan Karl Eikenberry speak before testifying to the Senate Armed Services Committee about the war in...
  8. WASHINGTON - DECEMBER 08:  U.S. President Barack Obama speaks about job creation and economic growth at the Brookings Institution on December 8, 2009 in Washington, DC.

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