February 2010 News
- Average amount of credit card debt goes down in fourth quarter
Category: Credit Crunch News, Economy News
February 28, 2010
TransUnion report shows that delinquencies did go up.more
- III notes payment key to maintaining credit history
Category: Credit Report News, Credit Crunch News
February 28, 2010
Monitoring credit reports also important.more
- Identity theft still top complaint to FTC
Category: Identity Theft News, Economy News
February 28, 2010
Credit cards also make an appearance on the 2009 list.more
- Frank: No regulation of interchange fees this year
Category: Credit Card Legislation News, Economy News
February 27, 2010
Fees charge retailers for credit card transactions.more
- Credit CARD Act may not help online banking customers
Category: Online Banking News
February 27, 2010
Changes to billing statements may not appear readily when logging on.more
- Companies still finding ways to market cards on campuses
Category: Student Credit Card News, Credit Card Legislation News
February 26, 2010
New approaches tied to Credit CARD Act.more
- Discover offers site to help with credit card questions
Category: Discover Credit Card News, Credit Card Legislation News
February 26, 2010
Effort developed after customer feedback.more
- Firm says new credit card laws will hurt housing market
Category: Credit Card Legislation News, Economy News
February 26, 2010
Increasing rates will make it hard for people to get mortgages.more
- Secured credit cards an option for students
Category: Prepaid/Debit Card News, Student Credit Card News, Secured Credit Card News
February 25, 2010
New law makes it harder for young people to build credit score.more
- Credit report rule from FTC required by Credit CARD Act
Category: Credit Card Legislation News, Economy News
February 25, 2010
First set of new rules from commission take effect April 1.more
- Hyatt and Chase join to offer rewards card tied to hotel program
Category: Hotel Rewards Credit Card News, Visa Credit Card News
February 25, 2010
Two companies have partnered with Visa to make credit card offers.more
- Moody's: Charge offs increased in January
Category: Credit Crunch News, Economy News
February 24, 2010
Early-stage delinquencies decline.more
- Discover, American Express lead in brand loyalty
Category: American Express Credit Card News, Discover Credit Card News
February 24, 2010
New report marks the 13th year Discover is in first place.more
- Card for subprime borrowers carries fees
Category: First PREMIER® Bank Credit Card News, Credit Crunch News
February 23, 2010
People have to pay to activate the account.more
- Obama lauds new rules for accounts, credit card offers
Category: Credit Card Legislation News
February 23, 2010
Says Credit CARD Act shifts power back to consumers.more
- New regulations may push consumers to short-term loans
Category: Credit Card Legislation News, Credit Crunch News
February 23, 2010
Credit CARD Act could make lending to subprime borrowers less attractive.more
- Site from the Fed provides information on rules for accounts, credit card offers
Category: Credit Card Legislation News, Economy News
February 22, 2010
Credit CARD Act brings with it further regulations.more
- Rules regarding credit card offers to younger people take effect
Category: Student Credit Card News, Credit Card Legislation News
February 22, 2010
Those under 21 will need co-signer or proof of income.more
- Capital One agrees to reimburse customers affected by error
Category: Capital One Credit Card News
February 20, 2010
Result comes after an investigation by federal, state officials.more
- Discover, BoA report delinquency and default rates on credit card accounts
Category: Discover Credit Card News, Credit Card Legislation News, Credit Crunch News
February 19, 2010
Both say defaults declined in January.more
- AmEx poll: Some parents focused on teaching kids about debt
Category: American Express Credit Card News, Credit Card Legislation News
February 19, 2010
Laws also loom that will limit access to credit for young people.more
- Credit cards still the top option consumers chose for online transactions
Category: Prepaid/Debit Card News, Economy News
February 18, 2010
Alternatives, like prepaid credit cards, will grow in coming years.more
- Poll: Card holders satisfied with how issuers handle fraud
Category: Credit Report News, Identity Theft News
February 18, 2010
Consumers can keep their own tabs by checking their credit report.more
- Cap One reports increase in charge offs for January
Category: Capital One Credit Card News, Credit Crunch News
February 18, 2010
Delinquencies also rise in the month.more
- Colorado senator praises new laws that regulate accounts made through credit card offers
Category: Credit Card Legislation News
February 17, 2010
Bennet calls for creation of federal consumer protection agency.more
- Pew: New regulations could save billions for consumers
Category: Credit Card Legislation News
February 17, 2010
Credit CARD Act will prevent certain increases in rates.more
- Credit score improvement among questions being fielded by lending institutions
Category: Credit Score News, Credit Repair News, Credit Crunch News
February 17, 2010
Survey shows some customers want to know how a credit score is determined.more
- Fix credit report mistakes as soon as possible
Category: Credit Monitoring News
February 16, 2010
Consumers should contact lenders about errors.more
- Target launches program to make cards work through mobile phones
Category: Prepaid/Debit Card News
February 16, 2010
Consumers can store information for later access.more
- Looking for new credit card offers may help in dealing with rate increases
Category: Credit Card Legislation News, Credit Crunch News
February 15, 2010
Lower introductory rates are being offered by some lenders.more
- Hacker gets 13 years for stealing 1.8 million card numbers
Category: Credit Monitoring News
February 15, 2010
Total fraud involved in case calculated at more than $86 million.more
- Cedar Rapids considers installing parking meters that take credit cards
Category: Economy News
February 13, 2010
Option gives drivers a convenient alternative.more
- Payroll cards may see increased interest from businesses
Category: Prepaid/Debit Card News
February 12, 2010
Companies and governments use the cards.more
- Thieves opening more credit card accounts to commit fraud
Category: Identity Theft News
February 11, 2010
Though a credit card offers consumers a way to pay for goods, it may also give identity thieves a way to commit fraud unless cardholders are careful.more
- Credit card offers up at the end of last year
Category: Credit Crunch News, Economy News
February 10, 2010
Fourth quarter sees credit card offers increase.more
- A number of companies offering payment attachments for Apple's iPhone
Category: Online Banking News
February 10, 2010
Would allow consumers, businesses to swipe cards rather than punch in numbers.more
- Prepaid credit cards an option for students facing new rules
Category: Student Credit Card News, Credit Card Legislation News
February 9, 2010
Credit CARD Act limits the ability of those under 21 to get credit.more
- With rule changes coming, consumers continue to pay off credit card debt
Category: Credit Card Legislation News, Credit Crunch News, Economy News
February 8, 2010
Revolving consumer credit dropped 9.5 percent in 2009.more
- Dow Jones: AmEx VC says company may see drop in credit card defaults
Category: American Express Credit Card News, Economy News
February 8, 2010
Stable economy could lead to decline in charge offs.more
- Mobile banking may become more popular in the coming year.
Category: Online Banking News
February 5, 2010
Some consumers turn to phones to take care of accounts.more
- WSJ: Visa, MasterCard expected to post increased earnings in 4Q 2009
Category: Visa Credit Card News, MasterCard Credit Card News, Economy News
February 4, 2010
Cost-cutting measures and increased debit card use lead to higher revenues.more
- Fed: Standards for credit card offers increasing
Category: Credit Crunch News, Economy News
February 3, 2010
Lenders reduce amount of available credit.more
- Though some may avoid plastic, doing so could lower credit score
Category: Credit Score News
February 3, 2010
Closing accounts can affect credit ratio.more
- Credit card offers and interest rates subject of Indiana Senate bill
Category: Credit Card Legislation News
February 2, 2010
Lenders that offer more than 21 percent interest on cards would not get public funds.more
- Dow Jones: Capital One reports credit card business most profitable
Category: Capital One Credit Card News
February 2, 2010
Funds from loss reserve released as a result.more
- Olive: Iowans shouldn't have to pay more for insurance when disaster strikes
Category: Credit Score News, Credit Crunch News, Economy News
February 2, 2010
Law would limit the connection between a credit score and insurance.more
- Credit card offers through mail increase in 4Q
Category: Credit Monitoring News, Economy News
February 1, 2010
Shows lenders feeling confident in economy.more
- Personal income increases in December
Category: Economy News
February 1, 2010
People saving more money.more
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