Photo: Elise Amendola Image 1of/1 CaptionClose Image 1 of 1 In this March 5, 2012 file photo, consumer credit cards are posed in North Andover, Mass. A new law set to take effect Sunday, July 1, 2018, will prohibit consumer credit reporting agencies from charging Georgia residents to freeze their credit report. Placing a freeze on your credit is a security measure that can be used to combat identity theft. It essentially prevents creditors from obtaining your credit report, making it nearly impossible to open a new account. Credit reporting agencies were previously allowed to charge a fee of up to $3 to freeze or unfreeze a report. (AP Photo/Elise Amendola, File) less In this March 5, 2012 file photo, consumer credit cards are posed in North Andover, Mass. A new law set to take effect Sunday, July 1, 2018, will prohibit consumer credit reporting agencies from charging ... more Photo: Elise Amendola … [Read more...] about Millennials, here’s how to get first credit card
How to get venture capital
Susan Tompor Detroit Free Press Published 11:00 p.m. UTC Jun 28, 2018 The Uber Visa, launched last fall, may target on-the-go millennials with amazing rewards, such as 4 percent for eating out and 3 percent on airfare. But the odd thing, as with many high-reward credit cards, is that getting approved for one of these Barclays Uber cards isn't a slam dunk for some Generation Y consumers. Many millennials might have the college degree and the new job, but they're held back from some of the more lucrative rewards cards in some cases because they were too cautious about handling credit in college. Yes, really. One young teacher recently shared her credit card rejection letter with me. The reasons were listed: Too few accounts with sufficient satisfactory performance. Insufficient number of credit cards with your credit report. Insufficient credit history on your credit report. Low credit limits on installment trade(s) on your credit … [Read more...] about How to get a credit card when you’ve never had one
Last Updated Feb 4, 2011 5:10 PM EST (The following comes from the appendix Doing It Yourself in Larry's most recent book, The Quest for Alpha, which presents compelling evidence on the failure of individual investors, mutual funds, pension plans, venture capital and hedge funds in their efforts to outperform the market. To see what you need to consider when handling investment on your own, see Thursday's post What You Need to Consider When Handling Your Own Investing.) Some individuals recognize that they do not have the knowledge, the interest, or the discipline required to do it on their own. They also recognize that a good ï¬?nancial adviser can add value in many ways. There are also individuals who would rather have someone else focus on ï¬?nancial matters so they can focus their attention on the more important things in their lives. They know that even if they have the skills to do it themselves, the time spent on ï¬?nancial matters is … [Read more...] about Quest for Alpha: How to Get the Right Help with Your Portfolio
Last Updated Oct 6, 2010 2:53 PM EDT by David Bangs for Entrepreneur Applying for a bank loan can be a frustrating and mystifying experience for small-business owners. Here's a brief guide to what makes bankers tick and some tips to help you navigate their world. The main concern bankers have is protecting their capital, money with which their depositors have entrusted them. Consequently, bankers are generally very conservative. Their first priority is to recoup the principal of the loan. Their next priority is to earn a reasonable rate of interest on the loan. And their third priority is that you prosper and open more accounts with them. Safety of principal is paramount. Bankers are not in the risk business. Your job is to provide the banker with as many reasons to feel safe as you can. You start with a loan or financing proposal--a statement of what you need, why you need it, when you need it, and how you plan to repay it. The documentation should include a description of how much … [Read more...] about How to Improve Your Chances of Getting a Loan
Chinese President Xi Jinping is visiting the U.S. this week to bolster China's trade standing even as its economy is in upheaval. But rather than welcome Chinese commercial interests with open arms, a new report from a technology innovation think tank suggests a policy of "constructive confrontation" to get the country to play within international rules. According to the report from Information Technology & Innovation Foundation, a "yawning gap" separates the commitments China made to enter the World Trade Organization in 2001 and its subsequent actions. Even though the country did reform "thousands of laws" and complies with "many of its WTO commitments ... Chinese economic and trade policies increasingly reject or undermine the foundational tenets and principles upon which the WTO, and indeed, globalization is based." "For China, getting into the WTO was more about gaining carte blanche protection against trade enforcement measures other nations might want to … [Read more...] about How to get China to play fair on trade?