Ed Mierzwinski Credit Quotations

You don't need to spend $79 or more to monitor your credit. It's a gimmick designed to inflate the revenue at the bureaus. It's not going to prevent ID theft. It may give you a little bit of early warning. But it doesn't matter enough for you to pay that amount of money.

The law allows credit card companies to change your rates and terms at any time, for any reason.

Credit cards offer convenience. Credit cards offer emergency life preservers. If you start to use your credit card for daily expenses, and you start paying for pizza at 18 percent interest -- do the math.

By increasing minimum payments, people will pay off credit cards, won't pay so much in interest and will have money left over to buy things.

Their score is based on their sloppy credit reports and doesn't fix the underlying problem with the reports.