Credit Card Base

There are often complains about the fake currency dispensed by the ATMs. Such a situation be troublesome for the customers but now there is a concrete solution for such a situation.

Under any such instance the bank will be held responsible and it will have to compensate the customer.

The Joint Secretary of Cyber Society of India, Mr. S. N. Ravichandran said, “Banks cannot wash off their hands on the issue of fake notes dispensed by their ATMs and they are liable to compensate their customers. The customers should lodge a police complaint immediately on coming to know about the fake notes from an ATM.”

He further said, “The police should book the chief executive of the bank as well as that of the third party agency that refills the machine with cash. If that happens, fake currency in ATMs would vanish.”

Over the past 5 weeks we’ve seen the average price of condos drop from $230k to $208k. That’s a pretty significant drop over a 5 week period, so a reader asked – “what’s going on with condos?”

There are a number of answers to that question… first of all, when you look at the chart tracking the average price trends for condos and single family homes, you can see there are much greater fluctuations in average condo prices than single family home prices. The simple explanation for that is that there are more sales of single family homes in Edmonton, which means more data to work with, which means more reliable analysis of the data.

When you add in the fact that the number of condo sales is very low for the past month or so, you get even less reliable data.

I took it a step further though…

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When you use your Sears card, it looks like it will still be a Citi card. Citi inked a multi-year renewal of its long-standing U.S. private label credit card agreement with Sears Holdings, which not only covers Sears, but Kmart and Lands End as well. Citi has provided branded payment products to Sears since 2003 and, with this renewal, offers customer purchase processing at over 2,200 Sears branded and affiliated stores and more than 1,300 Kmart stores serving millions of American families and small businesses across the country. This program is among the 90 million consumer and commercial credit card products Citi Retail Partner Cards provides. So sign up today through www.Sears.com!

Consumers were able to reduce their credit card debt by a significant number in 2011, according to a new report. While many consumers adjusted their spending to lower their debt, some found their credit limits had been slashed by their banks or their credit scores were too low to acquire cards at all.

Average Credit Card Debt Falls 11 Percent

The average credit card debt for consumers last year dropped by a whopping 11 percent. Cardholders were said to carry an average balance of $6,576, which is a considerable drop from $7,404 the previous year.

The report examined data from a population of more than 300,000 consumers and revealed that the average debt loads cardholders carried dropped in every state.

While the drops in debt were substantial last year, the report noted that this was not the first year consumers had reduced their use of credit cards. In

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In order to match to the standard of services that other banks offer, Tamilnad Mercantile Bank has recently launched Mobile Banking Service. The service is offered without any extra charges.

This service will allow bank’s customers to transfer funds from mobile along with various other facilities.