New credit card reform laws are going into effect in February of 2010 to provide more consumer protection.  The reform was put in place to deal with what were some abusive practices of interest rate hikes and fees.

You may recall a post from Pete earlier this year in which he talked specifically about the changes the credit card act will bring forth.  To name a few, it will include consumer friendly regulations around unfair interest rate hikes, unnecessary fees, fairness in timing of payments and enhanced disclosure of terms.  Read more... (773 words, 11 images, estimated 3:06 mins reading time)

• Still more on Missed Fortune 101 Wow. The response to my posts on Douglas Andrew's Missed Fortune 101 continues to be lively. Just got a comment about it through e-mail today, in fact. This discussion has taken on a life of its own in some ways. On the main post people's opinions of my comments have......
• Sinking Fund Eases Strain Of Annual Expenses If you listen to personal financial advice very long you are bound to hear the term "sinking fund" tossed around.  Unfortunately, it is usually mentioned in passing as if everyone knows that a sinking fund is, and how to use one to improve the management of your personal finances. A......