Many Americans, when in their youth, remember the time they obtained their first credit card. A novel concept, indeed: with the ability to spend money that you do not currently possess, it opened...
Continue readingAfter five years of economic turmoil, it would appear that American credit card holders have learned their lessons, avoiding the over usage of their cards and paying down what existing debt they...
Continue readingNearly twenty states are now considering the implementation of bans on retailers charging extra fees for the use of debit and credit cards in their facilities. Originating in state houses all across...
Continue readingOperating from Romania, a very large global credit card scheme was brought to an end on March 28 thanks to the collaborating efforts of nearly two dozen law enforcement agencies from all across the...
Continue readingAfter limiting access to bank accounts and credit cards earlier this week, Cyprus is now clarifying that any imposed limits do not apply while inside the country. In order to revive the stalled...
Continue readingYoung Americans have less debt than before, but lower debt levels come at the expense of lower asset ownership. The Pew Research Center finds that Americans aged 35 or younger are putting off major...
Continue readingAccording to a new report, some 12.6 million people in the United States were victims of identity theft in the most recent year. The study from Javelin Research reveals that as many as one million...
Continue readingAccelerated holiday sales kept some big spenders from making payments on their credit cards in the last three months of 2012, in line with seasonality. The 90-day delinquencies were reported by...
Continue readingSpringfield, IL will soon do what many of its residents do to save money: start using a cash back credit card. The budget director, Bill McCarty, announced that the city wants to expand the ways in...
Continue readingA new study may explain the love affair with plastic payment methods: shopping presents a therapeutic outlet to relieve stress and worry. A series of studies from the University of Michigan followed...
Continue readingA new study into the effects of credit card reports finds that as many as 5% of all consumers could be paying more interest due to inaccuracies on their credit reports. The Federal Trade Commission...
Continue readingThe Consumer Financial Protection Bureau is taking a new look into financial products marketed toward students, starting with credit cards. The newly created bureaucracy has been relentless in...
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