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What Are Credit Card Hackers?

Hackers break into computers or computer networks for a variety of reasons. Some do it illegally for profit, some are paid to do it legally, and others simply do it for the challenge. Credit card hackers, however, do their dirty deed with only one thing in mind—stealing your credit card information to make money. Ever heard of Lush, the handmade cosmetic company that sells all sorts of interesting bath and shower products? Their UK website was recently hacked and may have exposed the credit card information of every customer that purchased a product online between October 2010 and January 2011.

Five Top iPhone Apps for Credit Card Users

If you own an iPhone, make sure you download these five incredibly useful credit card apps.

Ask Creditnet: Credit Card Use on a Fluctuating Income

Dear Creditnet: I need some expert advice. My credit score is in the low to mid 500's...sad i know! I have 7 credit cards that I use all the time, but they have low limits under $1,000. My work is commission only too, which often causes me to make late payments and then get hit with big fees. How can I better manage my credit cards and improve my credit scores?

The Murky Underworld of Blackout Dates

Close your eyes and imagine your boyfriend is taking you on a romantic date for your birthday.  Admittedly, your boyfriend is kind of a scrub, and rarely pays for your meals, but this is an extraordinary day that you've waited all year for, so you're expecting him to pick up the tab this time around.  You lift the menu from the elegant white tablecloth and begin perusing the decadent options.  You've been thinking about getting a world-class steak all day, and the peppercorn filet mignon with garlic mashed potatoes gets your mouth watering.

Prevent Credit Card Fraud Before It Happens

According to the Unisys Security Index, credit card fraud is the top financial security concern in the United States. Affecting over 11 million U.S. cardholders a year, credit card fraud is the most common form of identity theft, and criminals are finding easier ways to scam cardholders than ever before.

4 Ways to Avoid Credit Card Fraud

Don't let yourself become a gosh diddly darn victim. Stop scammers before they strike by avoiding these four common credit card fraud opportunities.

Top 10 Credit Cards for Students

We've all heard the horror stories. In fact, you're sure to know a handful of friends or relatives who've racked up an eye-popping amount of credit card debt while in school, and now they're paying dearly for it. As a college student, you may be feeling as though you don't want to get involved with credit cards at all. And while there's a good case to be made for avoiding credit cards at a time in your life when you might be especially tempted to rack up debt, there are also many advantages to using credit cards wisely during the college years.

Traveling with a Credit Card: Tips and Tricks

Seasoned travelers never seem to have to deal with the same fears as the rest of us: pickpockets, stolen credit cards, crazy high conversion fees, identity theft. Beyond that, seasoned travelers never seem to follow the same precautions as paranoid, green travelers, who run out to buy a cross-body, Kevlar-enforced, locking, zipping, security purse before they even book a hotel. Part of that is probably sheer confidence - frequent travelers rarely look like tourists and therefore avoid detection from preying pickpockets. The other, bigger part is that with a few precautions, that giant traveler's purse may not be completely necessary.

Free Checking: Another One Bites the Dust

I've had a free checking account with WAMU (now Chase) since 2004. And while I've never used it as my primary checking account, I did maintain a decent balance while running several transactions through it each month. Frankly, it was just nice to have around when I needed it, and I probably would've never thought about closing my account had it not been for a letter I received from Chase a few weeks ago.

4 Tips to Help Spot Credit Scams Online

So you've been searching around on the internet for hours trying to find a fantastic deal, and you think you've got it. Seven cases of Pepto-Bismol for only $27.99? Where else can you find savings like that? Once you read the fine print, however, you realize that there's something fishy about this vendor. Their mailing address is a P.O. Box in Micronesia, the listed phone number is missing a digit, and there's nothing about return policies anywhere on their site. As far as fraudulent websites go, this one sticks out like a sore thumb. Unfortunately, not all scam websites are this conspicuous. So unless rebuilding credit is a favorite pastime of yours, take heed of these 4 trusty tips on how to spot situations where you should never give out your credit card info.

Ask Creditnet: Beacon vs. FICO Scores

FICO credit scores Dear Creditnet: I recently applied for a home loan and was completely caught off guard by my credit score. I subscribe to a credit monitoring service, so I thought I knew my scores before I began the application process. Boy was I wrong! I thought my Equifax credit score was 668, but the score my banker pulled was 618. He told me they use the Equifax Beacon 5.0, so why is there such a difference? They're the same scores, right? Unfortunately, this 50 point swing is costing me an extra 1.5% in interest. Ouch!

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