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Lenders may remember old charge-off forever + MORE Mar 24th
Nothing requires a lender to grant more credit if you still owe a debt, despite it falling off your credit report.... More »
How to restore credit after maxing out cards Dec 2nd
Reaching a 100 percent utilization due to maxed-out cards can hurt your credit score. To give it a boost, pay off balances and rein in spending..... More »
May 15 Update: Streaming services 3x points list for the Scotia Gold American Express Card, Alaska & El Al partner up, redeem AIR MILES Cash Miles at LCBO + MORE May 15th
I recently spoke with Scotia to find out which streaming services will earn 3x points on the Scotia Gold American Express come August 1. Here is the list that is confirmed so far: Apple MusicCineplex Digital Store Hulu iTunesKindleKobo SiriusXM SpotifyYou can learn more about this change and others .... More »
Scotiabank Passport Visa Infinite Card: New increased welcome bonus of up to 45,000 points in the 1st year + MORE Jul 2nd
A new elevated welcome bonus offer on the Scotiabank Passport Visa Infinite Card is here for the summer and early fall! The new offer provides up to 35,000 bonus Scene+ points which is a 5,000 point boost over the previous offer. The offer is promoted as up to 45,000 points in the first year as [&.... More »
'Completely unfair': Air Miles customers say too few rewards for expiring points Jul 24th
In the race to redeem their Air Miles before they expire, collectors are expressing frustrations about limited rewards options. Many are upset they can't access cash rewards like gift cards..... More »
A new Apple patent suggests the tech juggernaut may be interested in targeting customers with ads based on their incomes and credit card balances.
Greece’s forced 3-week bank closure ends Monday but restrictions on withdrawing cash remain
– canadianbusiness.com
ATHENS, Greece – Greek banks are reopening Monday after a forced 3-week closure but restrictions on cash withdrawals will remain.
In a decree Saturday, the Greek government kept the daily cash withdrawal limit at 60 euros ($65) but added a weekly limit. For example, a depositor who doesn’t withdraw cash on Monday can withdraw 120 euros ($130) on Tuesday, and so on, up to 420 euros ($455) a week.
Bank customers will still not be able to cash checks, only deposit them into their accounts, and will not be able to get cash abroad with their credit or cash cards, only make purchases. There are also restrictions on opening new accounts or activating dormant ones.
The decree also pushes back by a month, to August 26, the deadline for filing income tax returns.
The degree came on the same day as Greece’s coalition government swore in its new, reshuffled cabinet. Five prominent dissidents from the radical left Syriza party, the senior coalition party, were replaced. Four of them had voted against an agreement with Greece’s creditors Thursday and the fifth had resigned before the vote…
In a decree Saturday, the Greek government kept the daily cash withdrawal limit at 60 euros ($65) but added a weekly limit. For example, a depositor who doesn’t withdraw cash on Monday can withdraw 120 euros ($130) on Tuesday, and so on, up to 420 euros ($455) a week.
Bank customers will still not be able to cash checks, only deposit them into their accounts, and will not be able to get cash abroad with their credit or cash cards, only make purchases. There are also restrictions on opening new accounts or activating dormant ones.
The decree also pushes back by a month, to August 26, the deadline for filing income tax returns.
The degree came on the same day as Greece’s coalition government swore in its new, reshuffled cabinet. Five prominent dissidents from the radical left Syriza party, the senior coalition party, were replaced. Four of them had voted against an agreement with Greece’s creditors Thursday and the fifth had resigned before the vote…
Can too many cards lead to loan rejection?
– creditcards.com
According to FICO, there is no such thing as a penalty for too much unused credit
