by Richard Moran
How many times have you been surprised by how much you charged on your credit card in the past month? Well that is what the banks want to happen. When you use that cards very few people keep good track of their total spending.

Banks are businesses, big businesses at that, and they count on you losing track of your balances and spending during the month. They actually love you to go (slightly) over your change limits so they can tack on that over-limit fee. This little slight-of-hand can be controlled with a little effort on your part.

This can be called the Bank “Money Machine”

There are a few different ways that banks make the money that they need to operate. The first is though overdraft/overlimit fees. Many people have to deal with this kind of fee because they lose track of what they are spending. They might …

by Melinda Torbay
Debt or Savings?

I guess most of us dream about living without debt. If you are like me, you sit down and pay bills, and think about how much money you would have if you did not have to service credit card bills, car loans, or a mortgage. Maybe a picture of a shack on an island even comes to mind.

I really think that those end of the world books became popular as an escape. Even if something awful happens, like a zombie invasion, it would still wipe out all of our creditors too.

But are we better off without debt, or should we had onto cash? I think the answer is complex, and like most things in life, it depends.

Move Credit Around

Maybe you can improve your debt situation even if you cannot eliminate it. It is tough these days, but many people can still find offers for …

Ah…yes, the mighty credit card. I still remember being that teenage kid when I first received one in the mail – what a joyful day that was. Told myself, “I’m worth ten thousand dollars now”! If only I knew the irony behind that afterthought years later. So then ladies and gentlemen, let’s move on and analyze a brief history of our beloved pocket dwellers, as well as the curse they have helped create. It is also important to note that the dwindling economy is one of the prime factors behind the crisis. Given rising living costs and levels of unemployment, it isn’t really surprising that credit card debt has worsened in the UK as well as around the world.

The History of Credit Cards

According to Encyclopedia Britannica, “the use of credit cards originated in the United States during the 1920s, when …

We are again reiterating our “One to Watch” for MyECheck, Inc. (MYEC.OB) today. The stock is currently up 17.68% with extremely high volume. So far today 475,000 shares have traded compared to an average of 17,100.

MyECheck offers online merchants, call centers, billers, retail POS and RDC/back office applications an array of comprehensive Check 21 imaging, processing and related solutions. The company was created to meet the demand for an alternative payment solution to credit cards when buying products and services online.

The company has made great strides since its inception four years ago. MyEcheck has stayed committed to enhancing its offerings as well as launching brand new services, making it a leader in Check 21 solutions today. The company is known for offering the most comprehensive suite of electronic check processing services in the industry.

MyECheck differs from ACH by increasing capability with consumer accounts, expediting the clearing process, and providing exceptional

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If you overlay the natural gas stocks over the coal stocks, it's the identical pattern since last Thursday, only with about half the gains... still some very nice moves for 3 days of work. Since my natural gas stake (3 positions, about 6%) is smaller than coal I am not taking any profits here, but once again just remember this the next time the 'early cycle', 'it will all be fine' folks start clucking. Let's compare Fannie Mae (FNM) to Cimarex Energy (XEC) Now, in the most recent period people were so fearful of financials that any news saying they won't be bankrupt was CHEERED - huge writeoffs? Better than expected! Take the stock up!... equity dilution? At least it's not out of business! Take the stock up! - but at some point the longer this goes (and it won't reverse in a quarter or two like many would have you ...