Consumers might not be feeling much relief when it comes to interest rates, but the industry is stepping up its offers to grab new customers. New credit card offers are more likely to have longer...
Continue readingHome Depot partially credited recent cost-savings from interchange fees - fees banks charge retailers to process debit card transactions - for its ability to lower prices at its thousands of retail...
Continue readingThe 2012 Annual Card Issuers' Safety Scorecard from Javelin Strategy & Research found that safety for credit card users has fallen year over year - criminals find it easier to compromise...
Continue readingMore than two-thirds of tech insiders think mobile payments will outpace credit cards as soon as 2012, according to a poll by Pew Research. The survey asked more than 1,000 people about the future...
Continue readingFitch, one of the big three American credit ratings agencies for corporate credit accounts, reports that credit card chargeoffs are rising. Fitch's Chargeoff Index measures the number of accounts...
Continue readingA new study by the Federal Reserve indicates that the median American net worth suffered significantly through the 2007 to 2010 period. By the numbers, American family net worth fell from $126,400...
Continue readingAs part of the CARD Act signed into law by Congress, a new requirement put in place may make it more difficult for a minority group to access credit. Previously, credit card companies were allowed...
Continue readingCredit card interest rates have fallen for the second week in a row to 14.92%. New credit card offers are tracked each week, with the average annual percentage rate used as an index to understand...
Continue readingBe sure to check your mail carefully over the next month. In 2001 a new law went into effect that would require credit card companies to send annual privacy policies to cardholders. As it went into...
Continue readingNot all states are created equal - the same can be said for credit card debt and credit scores. Throughout the United States, you can find an array of cultures, living conditions and standards of...
Continue readingThe key component of any recession is that the vast majority of the public simultaneously decide to stop spending money and instead focus on paying off debts. In the United States, this trend has...
Continue readingThroughout the vast majority of the credit card industry's existence, credit card interest rates have remained fairly fluid and changed from week to week. Over the past year, that notion has changed...
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