Archive for February, 2008

Be Careful With Your Credit Card Overseas

Thousands of Brits on holiday could be caught out by an increasingly popular exchange rate practice called ‘dynamic currency conversion’. Here’s how. (1 hour ago)

Money Briefs

WASHINGTON | The Supreme Court decided Wednesday that employees who claim job discrimination should not suffer because of mistakes made by the federal agency charged with investigating their allegations. (30 mins ago)

Marion business scammed

Police said William Campbell is in the Dillon County jail for 80 counterfeit check charges in the Latta area. If that’s not enough Marion Police think Campbell could have passed some phony checks there, too. Marion Police said various businesses have been the victim of counterfeit checks and stolen credit cards. (44 mins ago)

Just rewards

How do I do that? The first step is probably to ask whether it’s worth being in a reward program at all. Credit cards with reward programs inevitably carry higher fees and interest rates than non-reward cards. (8 mins ago)

Canadian credit card market relatively unscathed

The Canadian credit card market is starting to show some signs of strain, but it would take severe cracks before banks backed off from this lucrative but little-understood business. (25 mins ago)

Be Careful With Your Credit Card Overseas

Thousands of Brits on holiday could be caught out by an increasingly popular exchange rate practice called ‘dynamic currency conversion’. Here’s how. (59 secs ago)

Americans tap retirement funds to make ends meet

Trent Charlton knew the risks when he borrowed $10,000 from his 401 and cut his retirement savings in half.But Charlton, a 40-year-old account executive at an Irvine, Calif., trucking company, said he had little choice because he and his wife could not keep up with monthly expenses after American Express reduced the limits on three credit cards. (36 mins ago)

Banco do Brasil incorporates two new companies in US

Banco do Brasil has established two new companies in the US. Further to its current operation in the US, the bank will run a remittance company, BB Money Transfers, and a retail bank, Federal Savings Bank. (1 hour ago)

Love should never be about money

WASHINGTONIf you’re looking online for a sweetheart, beware: You may find a new meaning for the expression “money can’t buy love.”The National Consumers League has issued a warning to people looking for love on the Internet to watch out for con artists whose only mission is to separate them from their cash. (2 hours ago)

Employers accuse ex-employee who claims unfair dismissal

THE gay car salesman at the centre of a discrimination row has been accused of bringing the action simply to clear his debts. Ben Hamilton was asked whether the unfair dismissal claim he was bringing against BMW was simply an attempt to squeeze money from his former employers. (2 mins ago)