Contributor

Tim Westrich

Latest by Tim Westrich

Card Sharks Article
Citigroup Inc. announced on November 14 that it would raise its credit card interest rates just weeks after accepting $25 billion from the federal government to help the economy recover. (AP/Jin Lee)

Card Sharks

Banks tapping the government’s $700 billion financial rescue package are raising interest rates instead of helping the economy recover, observes Tim Westrich.

Tim Westrich

Help for Main Street Article
The Credit Cardholders' Bill of Rights will help consumers dealing with credit card debt. (Flickr/SqueakyMarmot)

Help for Main Street

Landmark credit card protections passed by the House in the midst of bailout negotiations are good news for consumers, writes Tim Westrich.

Tim Westrich

Credit Card Showdown Article
Congress and the Federal Reserve could take measures this month that would help protect consumers who use credit cards responsibly. (Flickr/Brett L.)

Credit Card Showdown

Both Congress and the Fed could pass much-needed protections to help consumers manage rising credit card debt, writes Tim Westrich.

Tim Westrich

Avoiding Costly Overdrafts: Think Twice Before You Swipe Your Debit Card Article

Avoiding Costly Overdrafts: Think Twice Before You Swipe Your Debit Card

Even checking accounts—probably the most basic account in banking—contain a plethora of hidden traps these days and practice a type of “gotcha capitalism” that will get you if you don’t take a few steps to avoid the most common pitfalls.

Tim Westrich

Your First Car Loan: Know Before You Go Article

Your First Car Loan: Know Before You Go

So, you’re finally on your own with a new job. If you’re like most Americans, a car is a necessary item—88 percent of Americans use their car to get to work. The path to getting an auto loan is full of pitfalls that can extract extra money over the course of the loan. And with the price of gas at record levels, getting a car that will serve your needs and fit into your budget may require some planning.

Tim Westrich

Six of One, Half Dozen of the Other Article

Six of One, Half Dozen of the Other

As consumers are less able to access home equity loans, they are turning to credit cards to continue their consumption—meaning it’s more important than ever to improve credit card terms.

Tim Westrich

Show More