Will the New iPhone Kill the Credit Card?
Over the last decade or so, mobile payment companies have worked furiously to come up with a more secure way for consumers to do what they do best – spend money. Many of the innovations had great...
View ArticlePotential Regulations to Follow-Up the CARD Act
No matter which side of the fence you’re on regarding government intervention in the financial market, the big question this year is whether we can expect more regulation by the Fed and how it will...
View ArticleCredit Card Companies Now Offering Free Access to Your Credit Score
With so much attention given to the importance of credit scores by all facets of the media, i.e., print, television and online, the results of a 2013 study of 1,022 Americans came as a surprise with as...
View ArticleAn Option to Ease the Fear of Paying Medical Bills
What are Americans to do??? While our healthcare system wasn’t perfect, it was the best in the world and now it’s in such disarray that those who had insurance are now in the position of needing to...
View ArticleAn American Express Benefit for The Holidays
Free shipping is the bait most often used by retailers to lure consumers to their websites during holiday season. For a fee, Amazon.com offers their ‘Prime’ customers that privilege, but for many of us...
View ArticleAnother Positive Report About the CARD Act
An ongoing political debate rages on about whether or not the intervention of the federal government is a necessity or a hindrance to the free market. It gets especially heated when the proposed...
View ArticleCredit Card Benefits for U.S. Military Personnel
The men and women in the American armed forces are often recognized collectively but often go unnamed as individuals. Many are in situations that may call for giving the ultimate sacrifice, while their...
View Article4 Ways to Maximize Your Credit Card Rewards
If you’re like many people, you’re drawn to using a specific credit card by the thought of earning big rewards just for using it for all of your purchasing needs. You use it exclusively for much of...
View ArticleThe Cause of Fluctuating Credit Card Limits
Gone are the days when getting enough credit to buy whatever your heart desired was as simple as filling out a credit card application. It wasn’t unusual for a first time borrowers to be approved for a...
View ArticleWhy Credit Card Funds are Placed on Hold
A little known fact about credit cards may come as a surprise when your account has been placed on hold for no apparent reason. It is an untended consequence that results from using your card for...
View ArticleLower Delinquency Rates Great for Consumers
Recent analysis of the credit card markets brought good news to most major lenders by showing a drop in past due credit card payments of at least 30 days. The drop in delinquencies to 2.47% is the...
View ArticleBuilding Credit for Naturalized American Citizens
According to the U.S. Citizenship and Immigration Services (USCIS), more than 676,000 immigrants became naturalized U.S. citizens in 2012. Waiting for the chance to become a citizen requires patience,...
View ArticleSquare Is Changing the Way People Use Credit
The way we pay for goods and services is changing quickly with innovative new services that eliminate real-time bank approvals or the need to open up our wallets. One of the first out of the gate was...
View ArticleCredit Rules Eased for Some Family Members
The Consumer Financial Protection Bureau (CFPB) was established in 2011 to oversee credit cards, mortgages, student loans and other consumer finance issues. One area they oversee is the federal...
View ArticlePositive Performance for The CARD Act
More than four years ago the CARD Act was passed with predictions, both good and bad, for the future of consumer credit. The goal was to regulate the credit card industry to prevent cardholders from...
View ArticlePOLL: Best & Worst Credit Card Issuers (2013)
Vote or see the results for best / worst credit card issuer… If you’re like most people, you probably have a strong opinion about your credit card company. Let your voice be heard! Every year we ask...
View ArticleThe Latest Schemes Targeting Your Credit Card
Thieves work diligently to devise new ways to outwit security systems designed to protect consumers from being victimized. The financial industry, on the other hand, works to strengthen customer...
View ArticleErrors Continue to Plague Credit Reports
A study, contracted by the FTC, of nearly three thousand credit reports found that five percent had potentially costly discrepancies. The study was the result of a Congressional directive to collect...
View ArticleMastercard Offers New Digital Wallet
Two-thirds of us in America have at least one credit card; while one out of ten have more than 10 active accounts. That’s an estimated 600 million physical cards used for more than $2 trillion in...
View ArticleCredit Records Change More Often Than You Think
Financial experts give one piece of wisdom to every consumer – check your credit reports and scores at least once per year. There’s no question that this is advice worth following, since you’ll be...
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