June 2010 News
- Credit card changes that will affect consumers' everyday lives
Category: Credit Card Legislation News, Economy News
June 30, 2010
Many consumers may be wondering just how the recent changes in the financial overhaul bill will affect them. While many of the alterations it enacts won't make the average American's life any different, there are a few notable exceptions.more - Credit card spending skyrockets as a result of the World Cup
Category: Visa Credit Card News, Economy News
June 30, 2010
The World Cup has done more than draw the eyes and minds of the entire world to South Africa as the world's greatest soccer teams compete for global glory.more - Wisconsin prosecutors to pursue more identity theft charges
Category: Identity Theft News
June 30, 2010
Given the rise of crimes in which people's identities are stolen, it was only a matter of time before prosecuting attorneys began doling out harsher identity theft charges.more - Anthem Blue Cross-Blue Shield security breach opens hundreds of thousands to risk
Category: Identity Theft News
June 29, 2010
A website upgrade at Anthem Blue Cross-Blue Shield has put hundreds of thousands of applicants at risk of having their identities stolen.more - Personal financial knowledge on the rise
Category: Credit Card News, Credit Score News
June 29, 2010
Perhaps one positive that has come from these harsh economic times is that Americans now know considerably more about their personal finances than they would have otherwise.more - White House drafting national identity theft protection strategy
Category: Identity Theft News
June 29, 2010
Identity theft is becoming such a widespread problem in America that the federal government is quickly taking big steps to help curb it.more - Report: Prepaid cards increasing in popularity
Category: Prepaid/Debit Card News
June 28, 2010
A greater number of Americans say they have received network-branded gift cards in the last year.more - FTC: Scammers stole millions with credit card system loopholes
Category: Identity Theft News, Economy News
June 28, 2010
The Federal Trade Commission has badly damaged an online scam ring that stole millions from American consumers. Those that perpetrated the thefts are still currently at large.more - Target to offer greater rewards on credit cards
Category: Credit Card News, General Rewards Credit Card News
June 28, 2010
Many consumers can get savings on their purchases through rewards programs from their credit card companies, though getting 5 percent off that purchase is rare.more - Chicago Transit Authority moves ahead with credit card plans
Category: Credit Card News
June 26, 2010
Commuters may soon find that they can use their credit cards to do something besides consumer spending.more - Late credit card payments on the decline
Category: Credit Card News
June 25, 2010
May marks the second consecutive month more people made on-time credit card payments, according to Moody's Investors Service Credit Card Indices Report.more - Survey Finds Financial Concerns are Highest Among African-Americans
Category: Economy News
June 25, 2010
Financial concerns are high among African-Americans in Cincinnati, a survey commissioned by The Smiley Group and Nationwide Insurance found.more - Drop in charge offs reported for Citicard
Category: Credit Card News
June 24, 2010
Citicard holders are showing signs that they are better able to manage their credit cards.more - Discover posts second-quarter profit behind spending increases
Category: Discover Credit Card News
June 24, 2010
Credit card giant Discover returned to profitability in the second quarter of 2010 thanks to a sizeable jump in consumer credit card spending.more - Greater cash back reward offered by debit card
Category: Credit Card News
June 23, 2010
Debit cards are beefing up their cash back rewards to lure in business and edge out credit cards.more - FICO scores aren't the only sign of a good borrower
Category: Credit Crunch News
June 23, 2010
Consumers are more likely to make on-time payments if they have multiple accounts with the same financial institution.more - Financial institutions seek to profit from checking accounts
Category: Economy News
June 22, 2010
Free checking may become a thing of the past as banks become creative in finding ways to bring in profits after reform.more - Compromise reached with swipe fee amendment
Category: Credit Card Legislation News
June 22, 2010
Merchants and credit card issuers can let out a sigh of relief as a compromise has been reached on the Wall Street bill.more - Credit advice for college students and their parents
Category: Credit Card News
June 22, 2010
Many college students may be unfamiliar with the way their credit works, or what kind of credit history they have, simply because they've never had to deal with a financial situation that required it before.more - Benefit debit cards to be exempt, says Durbin
Category: Credit Card Legislation News
June 21, 2010
Illinois Senator Dick Durbin says benefit debit cards should be exempt, reports Bloomberg News.more - Small business owners rally in D.C.
Category: Credit Card Legislation News
June 21, 2010
Merchants from across the country met in Washington to support Congressman Peter Welch during a press conference yesterday.more - New social media threat could lead to identity theft
Category: Identity Theft News, Economy News
June 21, 2010
When a friend posts a funny picture or website on their Facebook or Twitter account, it's important to know just where clicking that link could lead.more - Travel rewards cards can bring savings
Category: Credit Card News
June 21, 2010
Airline reward credit cards are stepping it up and offering more perks, such as free checked baggage, but those perks may be accompanied by hidden fees.more - What the new credit card laws mean for consumers
Category: Credit Card Legislation News
June 19, 2010
Because of the new credit card laws, lenders are now constantly trying to find new loopholes to ensure they get the most profits they possibly can.more - Recovery will remain steady, economists say
Category: Economy News
June 18, 2010
A "double-dip" recession is highly unlikely as the economy continues to grow, says a leading council of economic advisors. more - Lawmakers make credit agencies liable for misleading investors
Category: Credit Card Legislation News, Credit Crunch News
June 18, 2010
From now on, credit rating agencies that either knowingly or recklessly mislead their investors could be sued.more - Avoiding identity theft on vacation
Category: Identity Theft News
June 18, 2010
People may not be especially vigilant about identity theft when they go on vacation, but that may be one of the most important times for consumers to be on the lookout for scams and potential threats.more - New technology brings speed and savings to credit card holders
Category: Credit Card News
June 17, 2010
Consumers don't have to take their credit cards out of their wallets anymore when they want to pay. A special sticker allows consumers to use MasterCard PayPass to make "contactless payments."more - Stay-at-home parents should keep track of their finances
Category: Credit Score News, Economy News
June 17, 2010
When a couple decides that one parent should stay home with their kids, it's natural, but misguided, to focus on merging their finances.more - Debit cards save state money
Category: Credit Card Legislation News
June 17, 2010
Prepaid debit cards are used for everything from unemployment benefits to child support in Nebraska.more - Americans feeling down on their finances
Category: Economy News
June 16, 2010
Americans remain pessimistic about their financial well-being, a new Gallup poll finds.more - Federal Reserve Board caps fees on credit cards
Category: Credit Card Legislation News
June 16, 2010
Thanks to a new regulation, consumers who make late credit card payments won't be hit quite so hard by the fees levied against them by lenders.more - CARD Act is helpful, but not perfect
Category: Credit Card Legislation News
June 16, 2010
The Credit Card Accountability, Responsibility and Disclosure Act was created to help consumers, but it may not bring people all the relief they hoped for.more - Travel is picking up, says AmEx
Category: Credit Card News
June 15, 2010
Americans are logging in the miles and traveling again, reports USA Today.more - Affluent Americans grow pessimistic about economy
Category: Economy News
June 15, 2010
Affluent consumer confidence falls along with the stock market, a TNS Investor Confidence Index reveals.more - Universities selling student information to lenders
Category: Student Credit Card News
June 14, 2010
More students are leaving college with significant credit card debt every year, and the schools they attended may be contributing to the problem.more - Consumers don't want more credit card regulation, survey finds
Category: Credit Card Legislation News
June 14, 2010
Credit card holders don't want government interference with swipe fees, according to a survey released by Visa.more - How to find the best cash-back credit card
Category: Cash Back Credit Card News, American Express Credit Card News
June 14, 2010
For consumers considering getting a cash-back rewards credit card, there are a lot of options to mull over.more - Consumer spending down in May, Discover finds
Category: Economy News
June 12, 2010
Consumer spending and confidence fell in May, according to the Discover U.S. Spending Monitor.more - Economic stress declines with job growth
Category: Economy News
June 11, 2010
As factory jobs became more plentiful, economic stress declined, according to the Associated Press' monthly analysis of conditions.more - Thieves stealing credit card numbers at gas stations
Category: Credit Card News, Identity Theft News
June 11, 2010
In the Sacramento area, even those that use their credit cards when they pay for gas aren't safe from identity thieves.more - Credit card fraud expected to abound at World Cup
Category: Identity Theft News
June 11, 2010
With hundreds of thousands of fans from all over the globe pouring into South Africa for the World Cup, banks have begun to worry about the high probability of credit fraud.more - Study: One third of low-income families live paycheck to paycheck
Category: Economy News
June 10, 2010
Low-income families' money struggles are exacerbated by not having a financial safety net in place.more - High card fees linked to deceptive tactics
Category: Credit Card News
June 10, 2010
Most of the provisions under the Credit Card and Accountability Act took effect earlier this year, except for one part that may impact consumers more than they think.more - Unemployment rate drops in May
Category: Economy News
June 8, 2010
The American economy is slowly moving forward on its path to recovery with 431,000 new jobs created in May. more - Banks prepare for overdraft rule to take effect
Category: Credit Card News, Credit Card Legislation News
June 7, 2010
Expensive overdraft fees could become a thing of the past.more - Sales remain flat for retailers
Category: Economy News
June 7, 2010
Poor economic times seem to still be weighing in on the minds of consumers as retailers report that sales in May weren't much higher than in April.more - Bankruptcy filings dip in May
Category: Economy News
June 7, 2010
Bankruptcy filings have fallen, according to the National Bankruptcy Research Center.more - Consumers don't care for cash payment discounts
Category: Credit Card News, Credit Card Legislation News
June 4, 2010
The majority of consumers oppose price hikes for credit or debit card use, a study from the Financial Services Group at Lightspeed Research found.more - Credit card mail offerings increase
Category: Credit Card News
June 4, 2010
Credit card companies are going back to their old marketing ways and sending more offers in the mail.more - Highest jobless rates found in California
Category: Economy News
June 2, 2010
The U.S. unemployment rate reached 9.5 percent in April, according to the Bureau of Labor Statistics. Certain areas of the country experienced higher jobless rates than others.more - Positive economic attitudes rise
Category: Economy News
June 2, 2010
The Dow Jones Economic Sentiment Indicator increased by more than a point last month.more - Small businesses show economic confidence
Category: Economy News
June 2, 2010
Small business owners' levels of optimism reached their highest level in seven months, according to Discover Small Business Watch SM.more - New Rules Help Protect Consumers from Deceptive Advertising
Category: Economy News
June 1, 2010
The Association of Settlement Companies has developed a new set of regulations in an effort to help consumers avoid falling victim to misleading debt settlement advertisements.more - Many say they spent too much on wedding
Category: Economy News
June 1, 2010
Looking back on their special day, couples believe they overspent on their wedding and honeymoon.more - Consumers getting a grasp on card debt
Category: Credit Card News
June 1, 2010
The number of late credit card payments continues to decrease, a report finds.more
