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Word: credit-card (lookup in dictionary) (lookup stats)
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Here's how little faith Steve McNamara has in his credit-card company: every month, rather than simply drop his payment in a mailbox, the Mill Valley, Calif., resident trudges to the post office to send in his Visa bill by certified mail, so he'll have the receipt as proof that he paid on time...

Author: /time Magazine | Title: Finance: On The Hook For Fees | 8/9/1999 | See Source »

Last year, you see, when McNamara was doing things the conventional way, the credit-card issuer, Chevy Chase Bank (whose portfolio has since been acquired by the First USA unit of Bank One), slapped him with four $29 late fees even though he regularly mailed his check two weeks before the due date. McNamara figures not even the Postal Service could screw things up that consistently, and he's convinced the bank purposely delayed processing his bills, a charge Chevy Chase denies. "They use low introductory rates and send cards to anyone and their dog," says McNamara, "and they have...

Author: /time Magazine | Title: Finance: On The Hook For Fees | 8/9/1999 | See Source »

...seeking a $40 million loan from a London bank. An article in the London Sunday Times last week claimed that John is already carrying debts with British and American banks in excess of $11 million; he is known to ring up as much as $400,000 a week in credit-card bills and is said to stock his British homes with 240 flower arrangements a week. He is also generous to charitable causes and is God's gift to the spectacle and sunglass industry. John's rep says that the singer's finances are in fine harmony and that...

Author: /time Magazine | Title: People: Jul. 12, 1999 | 7/12/1999 | See Source »

What ever happened to true love? Financially literate couples planning to walk down the aisle this summer are likely to consider first how their betrothed spent money as a teen, his or her credit-card balance, and the need for a prenup. Bubble-bursting stuff if you believe love conquers all, yet so practical that a cottage industry peddling financial advice to newlyweds has sprung up like a June flower, reminding us that half of all marriages end in divorce and that money is a main culprit. Several books on money talk for newlyweds have hit the stores, and there...

Author: /time Magazine | Title: The Prenup Audit | 6/28/1999 | See Source »

...relations (what we now blithely call spin), figured out how to get people to buy things they did not really want and feel things they did not really believe in. His legacy may be political campaigns without content, women who thought Virginia Slims were liberating, and an epidemic of credit-card debt...

Author: /time Magazine | Title: Dubious Influences | 6/14/1999 | See Source »

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