|
Dedicated to bringing you some of the best information to help you survive tough economic times
Browse by Tags
All Tags » Credit Cards ( RSS)
-
|
by Bill Hardekopf The credit card industry has faced a tremendous amount of criticism during the last four years. Politicians have imposed significant regulations and legislation on card issuers. Consumers continue to bash the high interest rates and...
|
-
|
by Bill Hardekopf A new report shows consumers paid $17.8 billion in penalty fees on their credit cards last year, an 8 percent decline from the $19.4 billion in 2011. According to the R.K. Hammer Card Penalty Fee Index, fees have fallen for three consecutive...
|
-
|
by Bill Hardekopf The Federal Reserve is again locking the lid on interest rates in an ongoing attempt to stimulate the economy. The Fed announced last week it would keep the federal funds rate at the historic low of zero to 1/4 percent, at least through...
|
-
|
by Bill Hardekopf Despite protests from the financial industry, the Consumer Financial Protection Bureau is making its online credit card complaint database available to the public today. The information can show which issuers have had the most complaints...
|
-
|
by Bill Hardekopf Another major dispute on interchange fees could take place, and this one may have new, painful consequences on consumers. This time, the battle centers around the swipe fee that retailers pay on credit card transactions. According to...
|
-
|
by Bill Hardekopf Banks released fourth quarter earnings this week and the reports show that credit cards issuers are in a much healthier position than the last few years. Consumer use of credit cards is growing, while the default and delinquency rates...
|
-
|
by Bill Hardekopf This past year was a very eventful one in the debit and credit card industry. Here is a review of the top ten stories of 2011: 1. Debit Card Interchange Fee The government regulation of the debit card interchange fee was the most controversial...
|
-
|
by Bill Hardekopf Holiday shopping on Cyber Monday was extremely strong, with analysts estimating sales to be 15% to 33% above last year's totals. Not only are a greater number of people now shopping online, but new research shows they are spending...
|
-
|
by Bill Hardekopf The kids are still eating their trick-or-treat candy, and Christmas has probably not even entered their minds. But according to the National Retail Federation, nearly 40 percent of consumers had already started their Christmas shopping...
|
-
|
by Bill Hardekopf Credit card delinquencies, defined as payments late by at least 30 days, increased slightly for five of the top six card issuers in September. While these increases were relatively small, it broke the trend of declining delinquency rates...
|
More Posts Next page »
|
|
|
