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New Credit Card Rule Will Surprise Many: No Income, No Credit Card 7 Dec 2011 | 04:03 am
Here is a predicament that quite a few people are going to find themselves in, especially now during the holidays. As a result of the 2009 CARD act, individuals with no income will not be able to get ...
Huge Increase in Credit Card Use Over Black Friday Weekend 1 Dec 2011 | 03:27 am
Black Friday of 2011 far exceeded expectations for both retailers and analysts. The National Retail Federation said that consumers spent over $52 billion over the Black Friday weekend. Subsequent surv...
Credit Card Companies Are Again Going After Customers With Less Than Excellent Credit Scores 18 Nov 2011 | 06:01 am
Not surprisingly, after having to deal with a record number of defaults, credit card issuers all but abandoned anyone with a less than an excellent credit rating. After issuing cards to just about any...
Credit Card Issuers Ramp Up Rewards For The Holidays 11 Nov 2011 | 05:55 am
The holiday season is once again upon us, 2011 style, and that means the wheels of commerce will be spinning. To grease the wheels our friends in the credit card industry stand ready to help us by off...
Those Lovable Credit Card Issuers 5 Nov 2011 | 03:04 am
Lovable credit card issuers? What’s that all about? Well, believe it or not, according to a Consumer Reports nationwide survey it would appear that maybe the credit card issuers have actually wised up...
Visa and MasterCard Tracking Your Online Purchases 27 Oct 2011 | 06:25 am
People that are concerned about their online privacy are not going to like this one bit. The two largest credit card networks, Visa and MasterCard, are now embarking on a new technology whereby they c...
New Credit Card Rules Go Into Effect This Month 21 Oct 2011 | 03:28 am
I dare say that not a lot of credit cardholders are aware of this but some new rules regarding their credit card accounts will go into effect this month. One rule is designed to make sure that credit ...
The Time Has Come for Smart Credit Cards 14 Oct 2011 | 11:11 pm
At this point in time a great many of us have heard of smart phones, but have you ever heard of a smart credit card? Smart credit cards contain tiny computer chips that encrypts the cardholders inform...
What You Can Do About High Debit Card Fees 8 Oct 2011 | 03:22 am
Okay, at this point I think we’ve all heard about Bank of America’s plans to charge their customers $5 per month for making purchases using their debit card. Not surprisingly it has not been well rece...
Discover Financial Services Post Strong Numbers 1 Oct 2011 | 10:22 am
In a pleasant surprise for shareholders, Discover Financial Services posted better than expected profits exceeding what just about every financial analyst had predicted for the third quarter of 2011. ...