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Credit Card Act

4 Rights Every Credit Card User Should Know

Robert Harrow | Posted 06.12.2015 | Business
Robert Harrow

Individuals who don't know their rights leave themselves open to being take advantage of. While various consumer interest groups monitor businesses and credit issuers constantly, searching for abuses, they cannot stop all the dirty tricks that exist out there.

Campus Debit Cards: Good for You or Your University?

Equal Justice Works | Posted 05.03.2015 | College
Equal Justice Works

This is another area where Congress should step up to the plate. Students need to be protected from deceptive marketing. And debit card agreements between companies, colleges and universities should be subject to the same transparency requirements as campus credit cards.

Rein in Wall Street, Say Small Business Owners

John Arensmeyer | Posted 02.01.2013 | Small Business
John Arensmeyer

Considering the oft-politicized nature of this topic, it's noteworthy that not only was this a majority Republican sample, but more than seven in 10 Republican owners believe we need tougher rules for holding Wall Street accountable. Entrepreneurs aren't politically minded, they're business minded.

2013 Credit and Lending Trend Predictions

Adrian Nazari | Posted 04.02.2013 | Business
Adrian Nazari

Over the past few years, the state of the credit world has been tumultuous, from the enactment of the CARD Act to the recent addition of surcharge fees. So what credit and lending industry trends can consumers expect in 2013?

Why Romney the Closer Is a Consumer Nightmare

Adam Levin | Posted 12.16.2012 | Business
Adam Levin

Mitt Romney is the poster child of big business expediency, where truth is less important than closing the deal. And if he gets elected we'll see a reprise of the Wild West days that ended in the 2008 crisis.

Lies, Damned Lies, Statistics and Paul Ryan

Adam Levin | Posted 12.10.2012 | Politics
Adam Levin

Paul Ryan has remained consistent. His statements are often lies, and when his talk turns to statistics and numbers and the financial facts faced by everyday Americans, his lies expand past the realm of "damned lies" into Mark Twain's third category of exotic deception.

Flawed Regulation Threatens Nation's Stay-At-Home Spouses

Frank Keating | Posted 08.04.2012 | Money
Frank Keating

Without prompt action from the Consumer Financial Protection bureau, flawed credit card regulation threatens to send stay-at-home moms back to the 60s.

Loren Berlin

Mom Can't Get Credit Card, Starts Protest Movement | Loren Berlin | Posted 05.22.2012 | Money

Holly McCall, a 34-year-old mother of two from Vienna, Va., grabbed headlines last week with her fight for the right of stay-at-home mothers to open t...

Few Things Are 100% Predictable, But Here's One..

Ellen Schloemer | Posted 05.26.2012 | Money
Ellen Schloemer

Imagine how many people would have walked away from getting a subprime mortgage if the broker had told them, "The rate on this loan is 2% higher than you qualify for, because I make more money that way."

Americans Got A Little Bit Less Angry At Banks Last Year

Reuters | Posted 05.01.2012 | Business

* Complaints against banks drop 30 pct-BBB * Payday lender complaints rise * Banks facing new restrictions on consumer p...

Am I The Only One That's Confused? The Journey To Getting My First Credit Card

Jillian Berman | Posted 04.30.2012 | Money
Jillian Berman

Nine months out of college and I'm finding that the real world is full of harsh truths: Napping in the middle of the day is frowned upon, an outfit based around leggings is never appropriate and my financial decisions will haunt me for the rest of my life.

Consumer Bureau Developing Simpler Credit Card Form

The Huffington Post | Jillian Berman | Posted 12.07.2011 | Business

Imagine a credit card agreement that's short, to the point and easy to understand. If one federal agency gets its way, what you're picturing could bec...

2011 Editor's Choice Awards, Part 2

Curtis Arnold | Posted 02.05.2012 | Business
Curtis Arnold

Our second batch of Editor's Choice awards celebrates credit cards that add value by saving us money or by helping us build stronger credit scores.

College Credit Cards A 'Pay To Play' Operation?

The Huffington Post | Ryan Grenoble | Posted 09.18.2011 | Denver

A Federal Reserve report released last week revealed that colleges, foundations, and alumni groups in Colorado were paid $1,042,643 by credit card com...

Credit CARD Act, One Year Later

Daily Finance | Sheryl Nance-Nash | Posted 05.25.2011 | Business

During the battle over Credit CARD Act, much talk focused on what the legislation would -- and wouldn't -- do. A year after the two-phase law was roll...

Study Finds No Tie Between CARD Act and Higher Interest Rates

Odysseas Papadimitriou | Posted 05.25.2011 | Business
Odysseas Papadimitriou

February 22, the CARD Act's one-year anniversary, should be a day to celebrate increased transparency for millions of credit card users, not a day marred by mistakenly-placed blame.

The Legislative Impetus for Using a Personal Credit Card to Fund Business Spending

Odysseas Papadimitriou | Posted 05.25.2011 | Business
Odysseas Papadimitriou

Many small business owners assume they should fund their companies with business credit cards. However, personal credit cards are actually often the best spending vehicles.

Got Gift Cards? Redeem Them!

Scott Gamm | Posted 05.25.2011 | Business
Scott Gamm

Chances are you still have several gift cards left over from the holidays. Help yourself, instead of the retailer, and actually use your gift cards.

Nate C. Hindman

Just In Time For The Holidays, A Startup Plans To Fix The Broken Gift Card Industry | Nate C. Hindman | Posted 05.25.2011 | Business

Evidence shows that if you bought a gift card for a family member or friend, there's a strong chance you inadvertently gave a gift to the retailer or ...

The Beginnings of a Credit Card-Free Revolution? Maybe Not.

Bryce Covert | Posted 05.25.2011 | Business
Bryce Covert

CNNMoney reported yesterday that credit card use is in decline, with the number of cardless people jumping up to 78 million this year. But the drop in users isn't all due to penny pinching and/or outrage.

Banks Spend $83 Million to Promote Student Credit Card Use

Scott Gamm | Posted 05.25.2011 | College
Scott Gamm

$83 million was spent to encourage college students to open up credit card accounts, which allow students to spend beyond their means and rack up huge amounts of credit card debt.

5 Credit Card Traps That Can Ruin Your Retirement

Beverly Blair Harzog | Posted 05.25.2011 | Business
Beverly Blair Harzog

Going from a full-time salary to a fixed income is quite a challenge. If you don't redo your budget to account for your lower income, you'll end up using your credit cards to make up the difference.

The Credit CARD Act Is No Match for Wall Street's Ingenuity

Donna Flagg | Posted 05.25.2011 | Business
Donna Flagg

Several years back, I ran a large team building event for a company on Wall Street. The men and women vibrated with intelligence and sparkled with charisma. But something about that day has recently come back to haunt me.

5 Most Dangerous Things to Do With Your Credit Card

Beverly Blair Harzog | Posted 05.25.2011 | Business
Beverly Blair Harzog

You absolutely must make sure you're on a secure, encrypted website before you key in your credit card number. Secure websites have encryption software designed to prevent identity theft.

Credit Card Rates Expected To Rise

Huffington Post | Sara Yin | Posted 05.25.2011 | Business

In the third and final phase of the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit CARD) which went into effect yesterda...