|
Living with credit (130)
|
New, interesting products (48)
|
Research, regulation, industry reports (139)
|
Rewards (16)
|
Protecting yourself (73)
|
The fine print (25)
|
Credit card miscellany (125)
April 2008 Archives
Credit bureau TransUnion said that both credit card debt and delinquency increased in the final months of last year.
PCI standards exist to keep credit card transactions and data safe. While some merchants are not yet PCI compliant, it turns out that even those who are may not have enough safeguards to ward off data breaches. Many retailers are beginning to go above and beyond the industry standards to further protect their customers' data.
Are the Fed's unfair and deceptive trade practices regulations too little, too late as one congresswoman suggests?
The Wall Street Journal reported that an appeals court on Friday reinstated a 2005 lawsuit charging some of the leading U.S. credit card issuers with breaking the law by forcing credit card users to sign away their right to bring complaints to court by including arbitration-only clauses in cardholder contracts.
American Express says its first-quarter profit was hurt by increasing loan-loss provisions and delinquencies, signaling that the economic slowdown is catching up with even AmEx's more affluent cardholder clientele.
It's no secret that identity theft is becoming an increasingly common crime. What's changing the game, however, his how people are committing the crimes. Criminals are constantly developing new schemes, and it's important to stay aware of them to prevent becoming a victim. Here are two recent identity theft crimes worth highlighting.
Love wins over money most of the time, but con men are more frequently using online dating to find victims. Here's some of the latest news in love and money.
Cars are putting a crimp on U.S. wallets, according to an analysis by credit bureau TransUnion, which says that auto loan debt rose nationwide in the final months of last year.
Credit card write-offs for Target Corp. increased from 6.8 percent to 8.1 percent from February to March, reports Bloomberg.com.
In Japan, smart cards are in wide use, and are being put to a noble cause -- preventing kids from buying cigarettes.
Traveling to Paris but not sure where to wine and dine? Want to book a trip to Fiji but have no idea which resort is the swankiest? Clueless about what activities to do in Rio de Janeiro? American Express has recently created a social networking community, Members Know, where cardholders can both ask for and provide such travel advice to each other.
While America is on course to be a land of plastic-only transactions, Great Britain is seeing an increase in cash use. This is likely due to fraud outbreaks, climbing credit card debt and a housing crisis not much different from our own.
The only form of plastic Discover Financial Services has issued since its beginnings in 1986 is credit cards. After recently signing an agreement with PULSE, an ATM/debit network owned by Discover, and seven other financial institutions, the company will now issue debit cards as well.
Delinquencies and charge-offs were up, but not shockingly so, at Bank of America, according to its first quarter results.
A new survey from AARP reveals that more than half of American adults have made investment mistakes due to confusion by financial jargon. Another recent survey showed teens lack financial literacy. It’s not surprising that young people still have a lot to learn, but it appears that adults aren’t much better off.
With all the carnage in the financial industry's quarterly reports, Capital One's first quarter results can be described as not as bad as it could have been.
It's official. More regulation is coming this spring from the Federal Reserve to improve disclosures and outlaw some credit card industry practices.
Thousands of checking account and debit cardholders across the country are paying an average $34 overdraft fee for small-ticket items.
Last week, I posted my top seven favorite credit card posts from the blogosphere. It got a great response, so I've decided to do a weekly round-up in the same format. Here are nine of the best I found this week.
The Federal Reserve says the prepaid and gift card industry isn't as big as it thinks.
3 tips you must know about buying gas in this age of soaring oil prices
Should doctors deny non-emergency health care appointments if patients don't have credit cards?
U.S. Bancorp saw its first-quarter net profit slip 3.5 percent amid a sizable increase in the bank's provision for credit losses, even as revenue advanced.
Between the credit crunch and the prevalence of identity theft, credit cards are frequently in the news. From time to time, however, credit cards result in unexpected and often funny news. Below are five of the wackiest recent credit card stories to hit the press.
I was aware that your credit score can vary based on which of the three major credit bureaus (Equifax, Experian, TransUnion) provides the version of the score you (or your lender) looks at. However, I was surprised to learn that credit scores also differ based on the type of loan you apply for, such as a credit card, auto loan or home equity loan.
My post about how presidential candidates have bad credit is featured in the 148th edition of the Carnival of Personal Finance, hosted by Gather Little by Little. Also, several other posts included in the carnival that I think are worth a read.
Credit card customer service representatives are there to help you, but they're also there to sell you on extra products and services that you don't really need. Learn to recognize when you're being pushed by a salesman, and say no until you've done your research.
Capital One said that more of its managed loans went sour in March 2008, according to an 8-K filing with the Securities and Exchange Commission.
|
About
They're the pieces of plastic we love, and love to hate. Get the latest news, tips, research and more from the CreditCards.com staff.
Archives
All Blogs
Filter by: This month
TagsOther Voices and Blogs
Useful LinksSubscribe to Taking Charge |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 Secure SSL Technology |
|
|||||||||||
