Valentine’s Day is all about hearts, flowers, chocolate, maybe some
bling. What it’s typically not about: credit cards, credit scores and
anything as crass as cash. Except lately. Whether it’s because recession-rattled consumers are
still focused on their bottom lines or whether personal finance experts
are trying to capitalize on Valentine-y sentiments, there’s been lots of
attention recently on romance and money.
When it comes to having a bad credit history versus no credit history,
consumers tend to think the latter is better. Contrary to what these
consumers might think, the outcome – in some cases – is the same.
Consumer experts say more stores are “slicing & dicing” their return policies. And in some cases, retailers will not issue any refunds, even with a receipt. Overall, 28 percent of retailers changed their holiday return policies
this year, according to a survey by the National Retail Federation.