Best Deals At Publix – 07/14
July 19th, 2010Here are the best deals at Publix for this week. Thanks to A Proverb’s Wife for sharing them. You can see the entire list of deals for Publix for this week here. <
Review: Power of 2
July 17th, 2010Every Sunday, The Simple Dollar reviews a personal finance book or other book of interest.
One of the most powerful things you can do in the path towards building the career you want, the social connections you want, and the financial path you want is simply work on improving your ability to build and sustain relationships with other people. Time and time again, people who have a connection with you are there to help you along on your path, from job opportunities to social engagements and from romantic possibilities to solving home improvement problems.
That’s the entire focus of this book, Power of 2 by Rodd Wagner and Gale Muller. S
Practice of Consumer Profiling Widely Used
July 16th, 2010Credit card companies have long been in the practice of collecting data on cardholders for the purposes of determining credit risk for each current and future cardholders. The Federal Reserve Board is one of the major oversight and regulatory agencies for these card issuers. The Board frequently does research and issues reports about the industry. One recent report indicates that credit card lenders profile cardholders using merchant category codes. Collecting data on cardholders is known as “consumer profiling“. Profiling is a method that is used by card companies to collect data on cardholders and make changes and decisions about rules and regulations that govern the use of the card.
What is Profiling?
The practice of profiling initially was thought to only be used by a small handful of lenders and used simply to collect data. It was
Your Take: Completely Useless in Financial Life
July 15th, 2010Earlier this week I read about TD Bank’s new entirely flat debit cards on the Consumerist. TD Bank will be issuing debit cards that no longer feature embossed text (letters that stick out), the face of the card will be completely flat. The embossed text made sense when “swiping” a card referred to the machines that rubbed the numbers onto a piece of carbon paper. The last time that happened to me was when the power went out at some retailer, they used the carbon paper as a backup and it made the loudest of noises.
The embossed numbers on the card have very little value with only the rarest of exceptions. Like your appendix, it once had a purpose. Today
Lending Club Loans: What Investors Like to See
July 13th, 2010Share
Lending Club lenders have increasingly been leaving notes on borrowers loan listings about what they would like to see the borrower do in order to make their loan more attractive. Often, lenders suggest that borrowers get their income verified and make sure that they get an “approved credit status” quickly.
Here’s a note left by one Lending Club lender across many loan listings:
“NO questions asked; NO answers required. Email ONLY FYI. After Lending Club Home Office < $1 deposit verifies bank account, NEXT step borrower Employment- Income verification aka “Credit Review”. Employment – income verifications independent of one another. Home Office C
Index, Accel bet big on Squarespace
July 12th, 2010- Lawrence Aragon is the Editor-in-Chief of the Venture Capital Journal and Private Equity Week, both Thomson Reuters publications. This story originally appeared on PE Hub.com. -
Fast-growing Squarespace, a competitor to blogging platforms such as Wordpress and TypePad, recently announced it has taken its first institutional money – a $38.5 million growth investment led by Index Ventures and Accel Partners. The deal values the company between $80 million and $100 million, according to a knowledgeable source.
The New York-based company landed on the Inc. 500 last year, coming in at No. 339. Inc. m