MasterCard 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...
Continue readingMajor retailer and grocer, Target, announced that it would sell its credit card portfolio to TD Bank. As part of the agreement, Target customers would retain their right to a 5% discount when using...
Continue readingAccording to a new study from Equifax, credit card credit lines are rising higher and higher as consumers use less and less of their available credit. This year, American credit card accounts...
Continue readingThe largest anti-trust settlement may be approved by one Brooklyn judge. Over the summer, retailers finished complaints against credit card companies for merchant fees, ultimately agreeing to a deal...
Continue readingAn unlikely duo, Walmart and American Express have announced a partnership to launch a new prepaid card service. The agreement brings a new product called Bluebird to market. Walmart and American...
Continue readingMasterCard, the largest global payment network, is under scrutiny for a data digging project that raises some concerns about privacy. The company was said to have launched a new business whereby it...
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