Friday, May 10 2013 5:45 PM EDT2013-05-10 21:45:06 GMT
The battle of generic verses brand name goes on! Today, we're testing tuna to find out which can has the best value. There's a lot of competition in world of canned tuna. I found three name brands - BumbleMore >>
The battle of generic verses brand name goes on! Today, we're testing tuna to find out which can has the best value.More >>
Friday, May 3 2013 5:27 PM EDT2013-05-03 21:27:16 GMT
NBC12 is on your side, helping you score the best deals on groceries. Last week, it was peaches. This week - green beans. I bought six different brands of green beans. Del Monte and Green Giant are nameMore >>
NBC12 is on your side, helping you score the best deals on groceries. Last week, it was peaches. This week - green beans.More >>
Thursday, May 2 2013 5:39 PM EDT2013-05-02 21:39:15 GMT
Summer heat could hit any day, so now's the time to figure out how you can cut costs on your power bill. Here is a list of the top five things in your house that are sucking dollars out of your wallet. 1.More >>
Summer heat could hit any day, so now's the time to figure out how you can cut costs on your power bill. Here is a list of the top five things in your house that are sucking dollars out of your wallet.More >>
Friday, April 26 2013 5:20 PM EDT2013-04-26 21:20:06 GMT
NBC12 goes the distance to find the real difference between name brand and generic products. Every time you're in the grocery store, you have to choose: buy the name brand and pay more or save with theMore >>
Every time you're in the grocery store, you have to choose: buy the name brand and pay more or save with the generic.More >>
Thursday, April 18 2013 5:52 PM EDT2013-04-18 21:52:41 GMT
Kevin Cutlip grows anything he wants to eat. Last month he showed you how to grow a seed in dryer lint. A month later, they have sprouted. He showed us the replanted celery base: "It's actually startingMore >>
Last month NBC12's Diva of Discounts dug up how to start a cheap garden indoors. Now it's time for outdoor planting. She's back with more tricks of the trade that will hardly cost you a thing.More >>
RICHMOND, VA (WWBT) - There are some big changes coming that affect your credit and your relationship with credit card companies. New rules go into effect Monday.
The Credit Card Act of 2009 has promised to level the playing field between consumers and credit card companies. One big change is the ability to eliminate over limit transaction fees.
"You can let credit card company know that you do not want them to process over limit transactions, which will prevent them from ever charging you an over limit fee. That can save consumers thousands of dollars," said Bruce McClary, Clearpoint Financial Solutions.
The new law hopes to end confusing billing practices with a new set of rules that are easier to understand.
"There is going to be a box on your credit card statement that tells you a few things," he said. "First of all it will tell you how much interest you've paid during the current year. It'll also tell you how much your payment needs to be in order to pay off your balance in 36 months."
McClary says customers can expect more protection against sudden interest rate hikes and penalty fees.
"Interest rate increases because of late payments can only take effect after two consecutive payments are missed," he said.
Also, credit card companies won't be allowed to charge interest on their penalty fees anymore.
"Consumers stand to save hundreds and thousands of dollars on this by not having those fees hit them," he said.
Notorious tricks like universal default and double-cycle billing will also be eliminated.
"No more double cycle billing it's gonna save some consumers a lot of headache and money," McClary said.
The new laws also spells out how credit card companies can apply your payments.
"Makes them apply any additional payment to the balance with the higher interest rate, to help you pay off faster," he said.
McClary says the best way to maximize your savings with the new law is to be informed and communicate with your creditors.