Credit Card News
Banks will have to reveal credit score if application is denied or downgraded
Many people will recognize it: that dread sinking feeling in the pit of your stomach when your mortgage, auto loan or credit card application is refused. It's almost as bad... Continue reading
Credit card companies up to their knees in cash–and this time they’re not kneeling
In Oscar Wilde's "Lady Windermere's Fan" a character observes: "We are all in the gutter, but some of us are looking at the stars." Well it feels like only yesterday... Continue reading
Credit cards can help relieve gas pain?
Last week, Wal-Mart Stores Inc. unveiled a promotion that allows customers to save 10 cents a gallon on fuel, gas and diesel at participating Walmart stores in 18 states. The... Continue reading
Credit card companies named and scored over anti-fraud efforts
It's generally a mistake to lose too much sleep over credit card fraud. Unlike other forms of payment, the law caps your liability for such crime at $50, and in... Continue reading
Credit card rewards help pay for summer getaways
It may not have been as tough as 2009 or 2010, but this year hasn't been easy for all too many Americans. So it was good to hear last Thursday... Continue reading
Credit card rates a ticking time bomb?
Your blogger leads a sadly unexciting existence, and has never seen a real-life listening device or time bomb. He has however, seen plenty of them in movies and television shows.... Continue reading
UCLA students must pay to use their credit cards
Regular readers are likely to know by now what "interchange" (aka "swipe") fees are. They're the cut of the transaction value that merchants have to pay to MasterCard, Visa and... Continue reading
The ups and downs of credit card rewards
Who doesn't like getting something for nothing? And who doesn't like credit card rewards, which appear to deliver precisely that? Of course, you probably learned at your mother's knee that... Continue reading
Credit card companies likely winners in Senate battle this week
"Swipe fees" (a term that's, er, interchangeable with "interchange fees") are the cut of the transaction value that merchants have to pay to banks every time a debit or credit... Continue reading
4 occasions when you shouldn’t use your credit cards
We're used to thinking of credit card use as something available to us on every single occasion. But a few recent stories are reminders that we either can't or shouldn't... Continue reading