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HR 3606 (CARD Act 21-day rule fix) signed into law by president, as was the homebuyer tax credit extension
Scam warning: Kennedy Space Center FCU members being targeted via phony text messages by ID thieves in Florida. http://ow.ly/zWCE
Financial Stability Improvement Act markup, which began today, will continue after Vets. day, Hse. Fin. Svcs. Chair Barney Frank says.
In Mon NN: 24 SE Wisc. CUs will now have control of $71.5M in loans and lender-owned homes after Central States Mtge went into receivership.
Detroit Edison Credit Union and NuUnion Credit Union announce their intent to merge http://tinyurl.com/y8bslvg
CUNA addresses plastic use in Wall Street Journal
NEW YORK (7/29/08)--The Credit Union National Association's chief economist, Bill Hampel, commented on the discipline consumers need when using credit cards in an article in The Wall Street Journal Sunday.
"The key to using plastic is having the discipline to count the charges as part of monthly expenditures," Hampel told the newspaper. "That way you get the float, the convenience of using plastic and you get the goodies--the cash back or frequent flier miles."
The article provided eight tips for consumers to curb their credit card spending.
For the tips and full article, use the link.
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