Archive for August, 2009

PayPal gives young people a way to handle their finances

PayPay recently introduced an account option aimed at teens and young adults. According to PayPal it’s a safer and more secure way for teens to learn to manage money. [video]

Credit Card Consumers’ Bill of Rights goes into effect

The Credit Card Accountability Responsibility and Disclosure Act (CARD) is a credit cardholders’ Bill of Right that prohibits various tricks and traps until now used by the credit card industry — including hidden interest rate hikes and exorbitant fees. [video]