Daily Archives: 9:58 pm

Cancel card and enjoy convenience?

American Express is offering a cash reward for card holders who cancel their accounts.  This is touted as a convenience to help card holders manage their finances.  Huh? Is it my imagination, or weren’t credit card companies recently promoting the use of their cards as a means of conveniently managing money? Old Am Ex Blue,…

California legislature halts foreclosures

Legislation attached to the long delayed California budget halts foreclosures on family homes in a move designed to accommodate loan modifications. According to the Legislative Analyst, the bill prevents issuance of a notice of sale under CA foreclosure law for an additional 90 days beyond the statutory reinstatement period applies only to first mortgages on…