Polls Archive

The number one reason I prefer to use non-bank services, rather than going to a bank is:

  • Banks won’t lend to me (40%, 22 Votes)
  • I can get money quicker (40%, 22 Votes)
  • The loans are more affordable (13%, 7 Votes)
  • They are in more convenient locations (7%, 4 Votes)

Total Voters: 55

Start Date: January 4, 2011 @ 5:29 pm
End Date: No Expiry

To help pay for holiday gifts, I most commonly

  • Use credit cards (100%, 1 Votes)
  • Take out a loan (0%, 0 Votes)
  • Borrow from a family or friend (0%, 0 Votes)
  • Use money saved throughout the year (0%, 0 Votes)

Total Voters: 1

Start Date: December 20, 2010 @ 9:06 pm
End Date: No Expiry

I have seen a copy of my credit report in the last five years

  • Yes (100%, 1 Votes)
  • Unsure (0%, 0 Votes)
  • No (0%, 0 Votes)

Total Voters: 1

Start Date: December 14, 2010 @ 12:28 am
End Date: No Expiry

How have you been impacted by the passage of The Credit Card Act?

  • The interest rate on my credit cards has gone up (32%, 38 Votes)
  • I have not been impacted (20%, 24 Votes)
  • My application for a credit card was denied (15%, 18 Votes)
  • My credit line was reduced (14%, 17 Votes)
  • I now have to pay an annual fee (19%, 3 Votes)

Total Voters: 118

Start Date: November 22, 2010 @ 9:45 pm
End Date: No Expiry

Tip of the Week

The Consumer Financial Protection Bureau (CFPB) has launched an inquiry into checking account overdraft programs to determine how these practices are impacting consumers. They are asking consumers to provide comments on their experiences with overdraft protection. Has it helped? Has it hurt? Are the fees clear or confusing?
Make your voice heard on overdraft fees by submitting a comment today!

The consumer voice

by Gerri Guzman

New Proposal Granting Upfront Credit Card Fees

The New York Times reported last month that the Consumer Financial Protection Bureau introduced a proposal that would make it easier for credit card issuers to charge fees before borrowers’ accounts were officially open. A card with a $300 credit limit could be subject to a $95 processing fee, as well as a $75 annual… Read more…