Credit Card News
U.S. is global leader in payment card fraud
It's not a title to which any country would aspire, but a recent report suggests that America leads the world in plastic-based fraud. In this context, "plastic" covers prepaid, store,... Continue reading
Is credit card regulation working?
People disagree over government regulation of private enterprise. Across history, there are many examples of legislation that harmed both the organizations it meant to control but also the individuals it... Continue reading
Financial watchdog now alert for credit card complaints
Today, the Consumer Financial Protection Bureau (CFPB) comes fully into existence. And already it is inviting you to file your complaints about credit cards and credit card companies on its... Continue reading
Credit cards versus mortgage payments: which would you pay first?
Imagine you're in financial trouble (and let's hope that's really, really hard for you to do). Maybe you lost your job some months ago and have burned through your savings.... Continue reading
Credit card debt resumes fall
There was much excitement last month when the Federal Reserve published its regular analysis of consumer credit. The figures for December 2010 showed that for the first time in 26... Continue reading
Credit report inaccuracies can ruin your life
Maybe you're not too worried about your credit report, which is the document used to calculate your credit score. Perhaps you're not planning to get a mortgage or auto loan.... Continue reading
Credit card limits are increasing, so should we worry?
People are being granted higher credit card limits, according to new figures released June 13 by Experian, one of the "big-3" credit bureaus. However, data about late payments, published at... Continue reading
AmEx’s best business credit cards to get chips
On April 23, American Express announced it was starting to issue U.S. business credit cards and charge cards that are "EMV-compliant," meaning that each new card will come with a... Continue reading
Small business credit card management gets yet easier
In late March, we reported on some recent innovations from MasterCard that were designed to make it easier for small businesses to track and manage credit card expenses (see MasterCard... Continue reading
Credit card comeback confirmed
We recently reported (see Using your credit cards more? Payback time's coming) on rising credit card use. Data from the Federal Reserve showed that in May revolving credit (which comprises... Continue reading