Heard it on: Marketplace Money (12/08/06)
Beware all those who are seeking jobs, some companies now check your credit worthiness by looking at your FICO scores! I know it’s bizzare but it’s happening.
Hedge funds are now eating into a share of the mutual funds market. They were know to cater to the insanely wealthy, but they have been so successful, that they are now aiming for the smaller investor too.
Airlines sell frequent flyer miles to the banks and that is contributing to a significant chunk of their earnings. Banks then offer these miles as award for using their cards. These days accruing miles is getting easier. The catch is that the airlines are making it harder and harder for you to redeem your miles.
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