April 2010 News
- Spring cleaning shouldn't pose identity-theft opportunity
Category: Identity Theft News
April 30, 2010
While people get rid of old documents and computers, they should make sure to dispose of them properly.more
- Second quarter sees 19 percent increase in Visa's net revenue
Category: Visa Credit Card News
April 30, 2010
Net revenue for Visa Inc. totaled $2 billion during the second quarter, a 19 percent rise over the same time in 2009.more
- Laid-off workers finding new employment
Category: Economy News
April 30, 2010
A recent CareerBuilder.com survey showed that about half of workers who lost their jobs in the last three months found new work.more
- Despite mortgage difficulties, consumers don't increase time researching mortgages
Category: Economy News
April 30, 2010
A recent survey showed that people spent an average of five hours researching their home loan.more
- Website, campaign from FTC aim at educating youth about advertisements
Category: Economy News
April 30, 2010
The Federal Trade Commission has set up a website to teach children how to think critically about advertisements.more
- Fitch: Card defaults, delinquencies drop
Category: Credit Crunch News, Economy News
April 30, 2010
Charge offs and accounts late on payment saw recent declines.more
- Consumer sentiment on Credit CARD Act mixed
Category: Credit Card Legislation News
April 30, 2010
A recent survey of internet forums and blogs shows consumers have mixed feelings about federal credit card reforms.more
- GAO report shows debt settlement companies could pose danger
Category: Credit Crunch News
April 29, 2010
The Government Accountability Office recently conducted an investigation into debt settlement companies and found some are taking part in deceptive practices.more
- Visa acts against data-pass practices
Category: Visa Credit Card News
April 29, 2010
Merchants that want to pass data along to third parties for additional purchases will have to get permission from Visa cardholders.more
- Consumers show more confidence in April
Category: Economy News
April 29, 2010
The Conference Board reports that consumer confidence increase from March to April.more
- Federal efforts shows improvement needed in financial education
Category: Economy News
April 29, 2010
The National Financial Capability Challenge showed that students scored an average of 70 percent on an economic literacy exam.more
- Card charge offs increase to new high, Moody's reports
Category: Credit Crunch News, Economy News
April 28, 2010
Moody's Investors Services said that credit card charge offs during the first quarter increased to 11.12 percent.more
- FLEC website offers consumers advice
Category: Economy News
April 28, 2010
The Financial Literacy and Education Commission redesigned a website that provides consumers with advice.more
- First quarter sees Bank of America extend $150 billion in credit
Category: Credit Crunch News, Economy News
April 28, 2010
Through mortgages and other loans, Bank of America made almost $150 billion of credit available in the first quarter.more
- Interest rate reduction promises could be scam
Category: Credit Crunch News, Economy News
April 27, 2010
The Federal Trade Commission is telling consumers to be skeptical of any promises made to lower credit card interest rates.more
- AmEx posts growth while unemployment, regulations slow improvement
Category: American Express Credit Card News, Economy News
April 27, 2010
Net income for American Express Corporation was up 103 percent during the first quarter of 2010.more
- Cap One: Income improves, card delinquencies fall
Category: Capital One Credit Card News, Credit Crunch News, Economy News
April 26, 2010
The first quarter of 2010 was more kind to Capital One Financial Corp., which reported net income of $636.3 million.more
- Blippy users affected by information breach
Category: Identity Theft News
April 26, 2010
At least five people who use the social card tracking site have had their account numbers appear on Google.more
- Udall proposes free credit scores
Category: Credit Score News, Economy News
April 26, 2010
A proposal on Capitol Hill will allow free access to credit scores.more
- Unemployment, credit card debt making saving difficult for some
Category: Credit Crunch News, Economy News
April 23, 2010
A poll taken by Harris Interactive for an accounting institute showed that more than half of Americans can't save money.more
- Debit info would be limited by New Jersey law
Category: Prepaid/Debit Card News, Identity Theft News, Credit Card Legislation News
April 23, 2010
If passed, a law in New Jersey would aim at reducing identity theft by limiting debit card information on receipts.more
- Reserve survey will examine household finances
Category: Economy News
April 22, 2010
A survey commissioned every three years by the Federal Reserve Board is set to be administered for 2010.more
- Some consumers can't pay bills on time
Category: Credit Crunch News
April 22, 2010
A recent survey shows almost 30 percent of consumers miss bill payments every month.more
- Citi offers cash incentives for going paperless
Category: Citibank Credit Card News
April 22, 2010
In an effort to promote environmentally friendly practices, Citi will donate trees and offer customers cash for switching to paperless statements.more
- Target to stop offering Visa cards
Category: Visa Credit Card News
April 21, 2010
Target Corporation said it will cease issuing store-branded Visa cards.more
- Dodd calls for financial reform after SEC charges
Category: Credit Card Legislation News, Credit Crunch News, Economy News
April 21, 2010
The Securities and Exchange Commission recently brought charges against Goldman Sachs, leading Chris Dodd to call for further financial reforms.more
- Fed creates publication for gift-card rules
Category: Prepaid/Debit Card News, Credit Card Legislation News
April 21, 2010
The Federal Reserve Board has published a primer on gift card rules set to take effect in August.more
- Toey sentenced in connection to Gonzalez case
Category: Identity Theft News, Economy News
April 20, 2010
Damon Patrick Toey was sentenced to five years in prison in connection to a scheme in which millions of credit and debit card numbers were stolen.more
- Bill aims at combating spoofing
Category: Identity Theft News, Credit Card Legislation News
April 20, 2010
The U.S. House passed legislation that would make it illegal to alter caller identification in order to defraud or harm consumers.more
- Trucks increasing card-based fuel purchases
Category: Economy News
April 20, 2010
A rise in diesel fuel purchases by trucking companies indicates the economy may be on the mend.more
- Skimming devices found in South Carolina
Category: Identity Theft News
April 19, 2010
Some thieves may try to use machines to steal a consumer's credit card information.more
- Capital One: Defaults up, delinquencies down
Category: Capital One Credit Card News, Credit Crunch News
April 19, 2010
Although a future indicator of defaults was down, charge offs themselves increased for Capital One in March.more
- Sanders, Cahill present challenges to credit card companies
Category: Credit Card Legislation News, Credit Crunch News
April 17, 2010
While a Vermont senator said he would seek a limit to credit card interest rates, the treasurer of Massachusetts announced he would pull state funds from a number of banks.more
- Fed asked to change credit card interest rules
Category: Credit Card Legislation News
April 16, 2010
Consumers Union wants the central bank to reduce interest-rate increases made prior to the Credit CARD Act taking effect.more
- App allows consumers to estimate their FICO score
Category: Credit Score News
April 15, 2010
Users of Apple's iPhone and iPod touch can download an application that will help them estimate their credit score.more
- Committee says too soon to say recession over
Category: Economy News
April 14, 2010
The Business Cycle Dating Committee said it isn't ready to declare the end of the recession.more
- MasterCard names new CEO
Category: MasterCard Credit Card News
April 14, 2010
Ajay Banga will take over for Robert Selander, who has served as MasterCard's CEO since 1997.more
- Debt payment one focus of tax returns
Category: Credit Crunch News, Economy News
April 13, 2010
More than 50 percent of respondents to a survey said they would use their tax refund to pay off bills.more
- BBB to hold identity-theft awareness day
Category: Identity Theft News
April 13, 2010
Consumers and businesses are being encouraged to shred their sensitive documents to prevent identity theft.more
- Idaho store owners petition against fees
Category: Credit Card Legislation News, Economy News
April 13, 2010
Store owners in Idaho collected signatures from customers protesting interchange fees, which are charged to merchants for accepting card transactions.more
- MasterCard launches new marketplace for cardholders
Category: MasterCard Credit Card News
April 12, 2010
Consumers with a MasterCard will be able to gain access to discounts and free shipping through the company's MarketPlace website.more
- Number of delinquent bank cards drops
Category: Credit Crunch News, Economy News
April 9, 2010
The American Bankers Association reported that delinquencies on bank cards were down 0.38 percentage points in the fourth quarter.more
- Debts on credit cards fall in February
Category: Credit Crunch News, Economy News
April 8, 2010
Revolving consumer credit declined at an annual rate of 13.1 percent during the second month of the year.more
- Consumer fraud could lead to customer loyalty
Category: Credit Monitoring News
April 7, 2010
A recent survey shows that one-third of respondents felt increased loyalty to financial institutions based on how they dealt with fraud.more
- Square makes credit card reader available for iPad
Category: Online Banking News, Economy News
April 7, 2010
New technology is allowing even smaller business operations the ability to accept credit card payments.more
- March bankruptcy filings up 35 percent
Category: Credit Crunch News, Economy News
April 6, 2010
The number of bankruptcy filings made in March represented a 35 percent increase over February.more
- DoJ identity theft efforts lack coordination
Category: Identity Theft News
April 6, 2010
A recent report from an inspector general's office notes that federal agencies need further coordination to fight identity theft.more
- Credit card legislation makes it past Vermont Senate
Category: Credit Card Legislation News
April 5, 2010
A proposed law in Vermont would give merchants the right to set minimum purchase amounts for credit transactions.more
- Javelin: Prepaid, gift card use down last year
Category: Prepaid/Debit Card News
April 3, 2010
Though the use of prepaid and gift cards fell last year, new regulations from the government may encourage consumer trust.more
- Retailers worry Credit CARD Act could hurt profits
Category: Credit Card Legislation News
April 3, 2010
New rules limit ability to increase interest rates and require consumers have means to afford credit.more
- Fewer Americans planning on using tax returns on debts
Category: Credit Crunch News, Economy News
April 2, 2010
Although many consumers may still consider using their return to lower debt, more people may use it for a major purchase.more
- FTC credit report rule takes effect
Category: Credit Report News, Economy News
April 2, 2010
Companies that advertise "free" credit reports must add a disclaimer about a government website.more
- Tompor: Debt settlement comes with risks
Category: Credit Repair News, Credit Crunch News, Economy News
April 2, 2010
Debt settlement may end up leaving consumers with a lower credit score.more
- Macy's announces change in co-branded cards
Category: Visa Credit Card News, American Express Credit Card News, Citibank Credit Card News
April 1, 2010
Current Visa cards through Macy's and Bloomingdales will be switched over to American Express and issued by Citi.more
- Financial Literacy Month website offers tips for debt payment
Category: Credit Crunch News, Economy News
April 1, 2010
Money Management International has suggested two approaches for dealing with credit card debt.more
Tell a Friend
| 
| 
