The average level of credit card debt rose by 4.9% from July to September in a spending spree that leads into the back to school and holiday shopping periods. According to TransUnion, the average...
Continue readingNew research reveals a startling finding about credit card debt: it may be the product of friendships and social networks. The study, which appears in the Journal of Consumer Research, shows a...
Continue readingAmerican Express has been making big moves recently, teaming up with Walmart and now Microsoft in a bid to bring its products to more users in new demographics. American Express has historically...
Continue readingAmerican personal finances continue to approve, according to new research from Consumer Reports. The Consumer Reports Index, a statistical measure of the standing of Americans' personal finances,...
Continue readingAs part of the 2009 CARD Act, opening a credit card as a college student became far more difficult. Now more than two years after the bill was passed the public can see the effects of regulatory...
Continue readingMasterCard unveiled a new technology that would add a new touchpad and LCD screen to every credit card. The company hopes that the device will make credit card processing more secure for users, and...
Continue readingSome companies offer zero-interest, same as cash financing for new users of their credit cards. This service is most popular in major retailers and specialty stores with their own unique credit...
Continue readingGoogle, a company better known for online search than consumer finance, may soon launch its own kind of the credit card. The company has been hard at work hoping to launch Google Wallet, a phone app...
Continue readingThe credit scoring company, FICO, released data about its best credit risks - the people who score in the top 25 of all credit scores. The company finds several commonalities among the people with...
Continue readingStarting January 2, the Consumer Financial Protection Bureau will have a new industry to regulate: debt collectors. The CFPB is making waves in consumer finance, striking deals with the credit card...
Continue readingOne of the very simple but so important factors in any loan is the interest rate. Depending on how you calculate an interest rate, the amount that you pay in interest changes...
Continue readingCongress has a new idea to raise money: report unpaid taxes to credit bureaus. Currently, unpaid taxes and existing tax debts are not reported thanks to a law which gives taxpayers privacy in their...
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