October 2009 News

• Putting kids on card account could help build their credit score
  Category: Credit Score News
  October 30, 2009
  Some card companies will allow children as authorized users on credit card accounts.more


• Card holders in Toronto warned about scam
  Category: Canadian Credit Card News
  October 30, 2009
  People in Toronto are being warned by authorities regarding credit card offers being made through telephone calls.more


• Consumer confidence down
  Category: Economy News
  October 30, 2009
  Unemployment is one of the primary reasons why consumers aren't feeling positive.more


• Credit card offers can come with positives
  Category: Credit Score News
  October 29, 2009
  Having credit cards can help maintain a good credit score.more


• Profit posted by Visa
  Category: Visa Credit Card News
  October 29, 2009
  Company's earnings up, compared to a loss last year.more


• Prepaid cards popular holiday gift
  Category: Prepaid/Debit Card News
  October 28, 2009
  As consumers consider the holiday season, many plan on buying gift cards.more


• AmEx earnings better than expected
  Category: American Express Credit Card News
  October 28, 2009
  The card company reported net earnings that beat the expectations of analysts.more


• Medical debts can affect credit scores
  Category: Credit Crunch News
  October 27, 2009
  Inability to pay off medical expenses can affect a consumer's credit report, which can mean a lowered credit score.more


• Prepaid credit cards act as alternative to other accounts
  Category: Prepaid/Debit Card News
  October 26, 2009
  Rather than deal with fees associated with checking accounts, some people are turning to prepaid cards.more


• Pay off debt on time to help repair damaged credit
  Category: Credit Score News
  October 26, 2009
  Delinquencies can hurt a credit score.more


• Credit score may make people pay more for insurance
  Category: Credit Score News
  October 26, 2009
  People in the northern part of Texas who have a poor credit score may end up shelling out more for insurance.more


• Federal regulatory agency approved by House committee
  Category: Credit Card Legislation News
  October 23, 2009
  Organizations that provide a consumer with a credit report will be regulated with larger banks and other financial institutions under a proposed federal consumer protection agency.more


• Credit repair companies reach settlement with FTC
  Category: Credit Repair News
  October 23, 2009
  Though some consumers may be looking for help improving their credit report, they should also be wary of credit repair companies that ask for money up front for their services.more


• Credit report could affect students looking for jobs
  Category: Credit Report News
  October 22, 2009
  Applicants are finding some employers are using credit scores as a factor for getting hired.more


• When facing ID theft, a credit report fraud alert may be an option
  Category: Identity Theft News
  October 22, 2009
  Although many people face identity theft, which can hurt a person's credit score, there are a number of things consumers can do to help combat the problem.more


• HAMP program could hurt a person's credit score
  Category: Credit Crunch News
  October 22, 2009
  Recently, the Obama administration set a goal of getting 500,000 home loan modifications in by November 1.more


• A good credit score may lead to lower credit card interest rates
  Category: Credit Score News
  October 21, 2009
  People with a good credit score may find that card companies will be more willing to negotiate with them when it comes to interest rates.more


• Closing an account an option, but it could affect a credit score
  Category: Credit Crunch News
  October 20, 2009
  As they get credit card offers in the mail, consumers should keep in mind that lenders have tried to raise annual fees in order to make up for new federal rules.more


• Some Mastercard accounts closed by Citi
  Category: Citibank Credit Card News
  October 20, 2009
  Recently, a major bank closed some credit card accounts associated with gas stations, an Associated Press report stated.more


• Prepaid credit cards may help save money
  Category: Prepaid/Debit Card News
  October 19, 2009
  A recent study shows that some consumers may find it better to use prepaid cards, which would include prepaid credit cards.more


• Credit score can be affected by identity theft
  Category: Identity Theft News
  October 19, 2009
  One thing that can have a major effect on a consumer's credit score is being the victim of identity theft.more