Credit Cards

What You Can Learn from the TJX Credit Card Mess

admin_huliq — Thu, 07 Aug 2008 17:54:34 -0500

Just to be clear, while this credit card heist will likely forever be know as the TJX case, it only started with TJX, and eventually spread to eight other retailers, including TJX Cos, BJ's Wholesale Club, OfficeMax, Boston Market, Barnes & Noble, Sports Authority, Forever 21 and DSW.

Abuse of Government Credit Cards

admin_huliq — Mon, 07 Jul 2008 18:49:33 -0500

Via NewsAlert we learn about this Washington Post article about US Department of Education employees who have gone to town, literally, at taxpayer expense.

Are Young People Ignorat To Credit Cards?

erku — Mon, 23 Jun 2008 11:09:02 -0500

In a decade of an alarming credit crunch, rising cost of food, skyrocketed costs of living and an alarming debt for entertainment, most young people struggle to understand the basics of personal finance. This is from personal experience, observation and according to the results of a recently published government poll.

Credit cards soon to add PIN number option

admin_huliq — Sun, 04 May 2008 20:18:45 -0500

Wouldn't PIN numbers make credit cards safer and less vulnerable to ID theft? There is a good news for credit card users. It seems that the industry is moving toward giving an option to consumers who will soon be able to choose between a signature or PIN number in order to authenticate the transaction.

Changes Coming to the Loan, Credit Card Industry

admin_huliq — Sat, 03 May 2008 11:00:55 -0500

The Federal Reserve on Friday approved the proposal, released Thursday by the Office of Thrift Supervision and the National Credit Union Administration. The proposal would give reasonable time to make payments and much more.

America's First 'Credit Card War'

admin_huliq — Tue, 15 Apr 2008 10:52:16 -0500

The five-year-old Iraq conflict is America’s first “credit card war.” And like anyone who has run up a huge credit card bill knows, a credit card debt can turn into a crushing burden with long-term consequences. This, too, will be a legacy of the Iraq War.

Discover Financial Services reports profit decline

seher — Thu, 20 Mar 2008 07:17:37 -0500

Discover Financial Services, the credit-card company that's lost more than a third of its market value since being spun off by Morgan Stanley in June, said profit fell 65 percent on charges tied to selling a U.K. unit.

Visa Prices Initial Public Offering (IPO) - Stock V

admin_huliq — Tue, 18 Mar 2008 20:28:39 -0500

Visa Inc. (NYSE: V) announced today that it has priced the initial public offering of 406,000,000 shares of Class A common stock at $44 per share. Visa's shares will begin trading on March 19, 2008, on the New York Stock Exchange under the ticker symbol "V".

Hannaford Reports Credit Card Security Breach

admin_huliq — Tue, 18 Mar 2008 08:49:30 -0500

Add Hannaford supermarkets to the latest list of retailers victimized by hackers due to credit card security breach as they have stolen credit card and debit card information of Hannaford customers.

What the credit crunch means for the future consumer

jbell — Thu, 13 Mar 2008 12:35:23 -0500

As is being reported in the news, there is an ongoing storm in the financial world; a situation where banks are wary of lending to each other and as a result, there is less money available for new debtors, a situation otherwise known as the credit crunch. What does this mean for the ordinary consumer?

ICH Services Credit Card Warning

admin_huliq — Tue, 11 Mar 2008 09:40:11 -0500

Consumers are warned about a mysterious ICH Services charge that may appear on their credit card statement.

Zobie Debt: How Can Old Credit Card Debt Detour

admin_huliq — Thu, 28 Feb 2008 09:06:10 -0600

Old credit card debt, real or otherwise, might be making a detour. Here comes a new term in relation to debt: Zombie Debt. Have you heard about it before?