Jul
10
Close Old Or Unused Accounts
July 10, 2008 | 5 Comments
I hate loose ends, especially financial loose ends. If you have old accounts that you no longer use like credit cards, home equity lines or other bank accounts, you should close them. In case you need convincing, I've created a list of the reasons you should close unused accounts.
When ING kept sending me statements [...]
Feb
28
Auto-Activation is Real
February 28, 2008 | 5 Comments
Please read this article about auto-activation at the Consumerist.com if you are in doubt about credit card activations and what can happen.
I personally re-wrote and maintained a program to auto-active card members at a major nation-wide card issuer. I can tell you that auto-activation was a standard practice at said card issuer. I [...]