July 2, 2009

Citigroup Rate Increase

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The Financial Times Reported yesterday the following news about CitiBank:

Citigroup has sharply increased interest rates on up to 15m US credit card accounts just months before curbs on such rises come into effect, in a move that could fuel political anger at the treatment of consumers by bailed-out banks.

People close to the situation said that Citi, which is about to cede a 34 per cent stake to the US government as part of its latest rescue, had upped rates on between 13m and 15m credit cards it co-brands with retailers such as Sears.

If you carry a Citibank credit card, make sure to watch your statements! If you are one of the 13 million that got a rate increase, you should check into moving your balance to another credit card company for lower rates.

Doing this could save you $100s a year in interest costs.

Filed under the Business category.

July 2, 2009

Wayland Water Supply

Today is the 12th straight day with at least a trace of rain in Boston. It's also the 24th day with at least a trace of rain since June 1. And we have now been a full month without a day in Boston with more than 50% sunshine.

Yet, the Town of Wayland needs to remind homeowners that there is a Manadatory Water Conservation in effect with this sign. You can find this along Route 20 in Wayland.

According to their website:

Pursuant to Chapter 190 of the Town of Wayland By-Laws, the Board of Water Commissioners have declared a State of Water Supply Conservation and have restricted the use of outdoor watering to odd/even day outdoor watering and have further restricted the use of underground sprinklers only between the hours of 7:00 p.m. and 7:00 a.m.

You can get the latest weather on Wayland on the National Weather Service website, or on Google.com.

Citigroup Rate Increase

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Wayland Water Supply

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