Credit Card Companies

CARD Act May Have Cost Consumers Billions

Curtis Arnold | Posted 05.05.2012

Read More: Credit Cards, CARD Act, Credit Card Companies, Credit Card Offers, Credit Card Rates, Balance Transfer, Personal Finance, Money News
Curtis Arnold

The CARD Act was implemented on Feb. 22, 2010, and the two-year anniversary of this date marks a fair time to assess the Act's successes, failures and overall implications for consumers with credit cards.

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Where Your Credit Card Payments May Be Going

AP | ALEX VEIGA | Posted 03.03.2012

Read More: Business News, American Express, Kenneth Chenault, CEO Pay, Video, Credit Cards, American Express Ceo, Credit Card Companies, Credit Card Industry, Business News

LOS ANGELES -- The chairman and chief executive of American Express Co. received a compensation package valued at $22.5 million for 2011, a 38 percent...

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Credit Card Interest Rates Hit Record Highs As Companies Market More Aggressively

The Huffington Post | Alexander Eichler | Posted 01.04.2012

Read More: Interest Rates, Credit Card Interest Rates, Credit, Credit Card Companies, Lending, Spending, Financial Crisis, Credit Cards, Credit Card Debt, Consumer Spending, Borrowing, Credit Card Industry, Personal Finance, Apr, Video, Business News

If one of your New Year's resolutions is to pay off your credit card debt, be advised that it's getting harder all the time. That's because credit car...

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High-Tech Startup Focus: iZettle -- the New, Better Square -- Coming Soon to America?

Bill_Robinson | Posted 01.20.2012

Read More: Europe, Credit Card Companies, Europay, Izettle, Paypal, Square, Google Wallet, Technology News
Bill_Robinson

With all of the deflating noises of Groupon and Zynga, is it possible Square might find themselves going the way of PayPal; downhill?

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Leaving An Abusive Marriage? 7 Ways To Protect Your Money

Jeffrey A. Landers | Posted 12.30.2011

Read More: Jeffrey Landers, Abusive Husband, Trusted Friend, Abusive Relationships, Divorce, Women Business Owner, Divorce Financial Strategist, Financial Documents, Marriage, Splitting Assets, Jeffrey a Landers, Disinherit Your Husband, Affluent Women, Power and Control, Financially Secure Future, Hire a Qualified Divorce Team, Court Orders, Divorce Team, Division of Assets, Jeff Landers, Abusive, Spouse, Bedrock Divorce Advisors, Divorcing Women, Women, How to Protect Your Credit Score During Your Divorce, Personal Finances, Firm Financial Foundation, Bedrock, Financial Expert, Financial Records, Divorce Financial Planner, Family Finances, Divorce Lawyer, Credit Card Companies, Abusive Spouse, Bedrock Divorce, Divorce Financial Adviser, Divorcing Your Husband, Certified Divorce Financial Analyst, Protect Your Assets, Abusive Marriage, Qualified Divorce Team, High Net Worth Women, Assets, Marital Assets, Credit Card, Controlling Husbands, Marital Property, Divorce Financial Analyst, Physical Violence, Personal Finances for Divorce, Divorce Financial Advisor, Divorce Financial Checklist, Dissipating Marital Assets, Divorce Professionals, Divorce Attorney, Divorce News
Jeffrey A. Landers

Divorce is painful -- anyone who has been through the process will attest to that. But, sometimes, divorce is less painful than staying in a relationship that has become abusive.

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College Credit Cards A 'Pay To Play' Operation?

The Huffington Post | Ryan Grenoble | Posted 09.18.2011

Read More: Colleges Paid by Credit Cards, Credit CARD Act, College Credit Card Agreements, FIA Card Services, Credit Card Companies, USAA Savings Bank, Denver News

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...

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Marijuana Dispensaries Struggle To Obtain Service From Banks

Posted 08.17.2011

Read More: Credit-Card Companies, U.S. Bank, Federal Authorities, Alpine Herbal Wellness, U.S. Drug Enforcement Administration, District of Columbia, Aids, Marijuana Dispensaries, Banks, Multiple Sclerosis, Cancer, Norml, Dea, Legalize Marijuana, Bank of America Corp, See Change Strategy, Business News

ST. LOUIS, June 17 (Thomson Reuters Accelus) - Marijuana dispensaries in states that have legalized medical pot are struggling to obtain service f...

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Why Credit Card Branding Is Costing Small Business Owners

Odysseas Papadimitriou | Posted 06.20.2011

Read More: Finance Charges, Small Business, CARD Act Protections, Federal Reserve, Business Credit Cards, CARD Act, Personal Credit Cards, Credit Card Act of 2009, Credit Card Companies, Wells Fargo, U.S Bank, Hsbc, Liability, Small Business America, Business News
Odysseas Papadimitriou

Business and consumer credit cards are actually more similar than they are different, which therefore begs the question, should the Credit CARD Act of 2009 apply to business credit cards?

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Fed Displays Policy Shift, Strengthens CARD Act

Odysseas Papadimitriou | Posted 05.25.2011

Read More: Interest Rates, Debt, Credit Card Companies, Credit Card Law, Banks, Federal Reserve, Consumers, Credit Cards, Credit Card Debt, Business, Credit Card Fees, Business News
Odysseas Papadimitriou

As the United States comes out of the Great Recession, we must critically examine the causes of this economic swoon and make adjustments in order to prevent such an event from ever occurring again.

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What Your Credit Card Company Doesn't Want You to Know

Odysseas Papadimitriou | Posted 05.25.2011

Read More: American Express, Mastercard, FICO Score, Chase, Charge Cards, Credit, Credit Card Companies, Banks, Credit Score, Credit Cards, Business, No Preset Spending Limit, Npsl, Business News
Odysseas Papadimitriou

If you have excellent credit, there's a good chance that you have a Visa Signature credit card, a World MasterCard credit card or an American Express charge card. If this is, indeed, the case, you might be in for one nasty surprise.

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New Credit Card Restrictions Can Hurt Small Business Owners

nytimes.com | JACK STACK | Posted 05.25.2011

Read More: Small Business Owners, Small Business, Credit Cards, Credit, Retail Sales, Credit Card Companies, Banks, Retail, Jellybeans, Business News

Just as banks are beginning to loosen up the reins a bit, the credit-card companies have been ratcheting up their restrictions -- something that can h...

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Credit Card Companies Raising Fees On Good Customers To Recoup Lost Profits

Washington Post | Ylan Q. Mui | Posted 05.25.2011

Read More: Consumer Protections, Economy, Credit Card Companies, Credit Cards, Credit Card Fees, Business News

After the recession forced credit card companies to purge their rosters of the riskiest loans, the industry is facing a new problem: customers who are...

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R. U. BOT OR NOT?

Carine Fabius | Posted 11.17.2011

Read More: Why-Are-Credit-Card-Companies-Increasing-Interest-After-the-Bailout, Credit Card Companies, Bankers, Hooking Up, R U Bot or Not, Fembot, Robots, Svedka Vodka, The Inner Life, Healthy Living News
Carine Fabius

Don't you? Look over here at your local bank. If it's anything like mine, the place is swarming with robots.

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Fed Proposes Limits On Credit Card Penalty Fees

AP | EILEEN AJ CONNELLY | Posted 05.25.2011

Read More: The Federal Reserve, Mastercard, Congress, Credit Cards, Credit Card Penalties, Visa, American Express, Chase, Amex, Bailouts, Banks, Credit Card Companies, Interest Rates, The Fed, Wall Street, Business News

NEW YORK — The Federal Reserve on Wednesday proposed strict limits on penalty fees and other charges that credit card companies can slap on cust...

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Credit-Card Fees: The New Traps

wsj.com | ROBIN SIDEL | Posted 05.25.2011

Read More: Credit Cards, Federal Credit-Card Law, Credit Card Companies, Economy, Banks, Credit Card Debt, Business News, Credit Card Traps, Credit Card Fees, Business News

A new federal credit-card law that takes effect Monday could erase billions of dollars a year in fees and interest charges paid by consumers. But card...

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Banks, Credit Card Issuers Find Ways Around New CARD Act Rules

DailyFinance | TRACY COENEN | Posted 05.25.2011

Read More: Credit Cards, Credit CARD Act, Credit Card Companies, Economy, Credit Card Rates, Obama Financial Reform, Credit Card Industry, Financial Regulation, Credit Card Fees, Business News

The new rules, which go into full effect on February 22, threaten to take a big bite out of the $15 billion in penalties and fees that the industry co...

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The Next Great Recession Will Occur in This Decade

Jerry Chautin | Posted 05.25.2011

Read More: President Barack. Obama, Entrepreneur, Fat Cats, Taxes, Bonuses, Draconian Taxes, Debt, Obama Administration, Congress, Business Book, Middle Class, Business, Risk Taking, Innovation, Wall Street, Great Recession, Credit Card Companies, Real Estate Bubble, The Oval Office, Novel, The Da Vinci Code, Dan Brown, Business News
Jerry Chautin

I am writing a novel. It is about the next Great Recession that will occur in this decade. The book's subtext will cite the next Great Real Estate Bub...

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Laura Bassett

As Wallets Open For Haiti, Credit Card Companies Take A Big Cut

HuffingtonPost.com | Laura Bassett | Posted 05.25.2011

Read More: Online Donations, Haiti Earthquake, Bank Fees, Credit Card Companies, Haiti, Donating to Charity, Charity Navigator, Credit Card Fees, Business News

Update at 9:03 AM Friday: Visa, MasterCard, American Express and Discover have now all announced that they will waive fees for some donations related...

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Credit Card Companies Are Sending Out Early Holiday Gifts

Eva Norlyk Smith, Ph.D. | Posted 05.25.2011

Read More: Credit Card Reform, Credit Cardholders Bill of Rights, Credit Card Bill, Credit Card Companies, Credit Card Rates, Credit Cards, Credit Card Debt, Citigroup, Credit Card Fees, Business News
Eva Norlyk Smith, Ph.D.

While Congress is calling on credit card companies to stop hiking interest rates before the new Credit CARD act goes into effect, Citigroup just sent me a letter with a monstrous interest rate hike.

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Debit Card Spending Up, Fees Likely To Follow

CNN Money | David Ellis | Posted 05.25.2011

Read More: Debit Card, Credit Card Companies, Banks, Credit Card, Fees, Debit Card Fees, Business News

Could debit cards be the next cash cow for banks? If banks have their way, they will. Americans have conducted more transactions and spent more money...

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Americans ditching predatory credit cards:Survey

walletpop.com | Martha C. White | Posted 05.25.2011

Read More: Credit Card Rates, Credit Card Bill, Credit Card Companies, Credit Card Industry, Credit Card Fees, Business News

A new survey from comScore clears up some of the mystery and confirms that Americans are, in fact, voting with their wallets. Consumers are protesting...

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Laura Bassett

Credit Card Companies Waive Fees For Select Haiti Charities

HuffingtonPost.com | Laura Bassett | Posted 05.25.2011

Read More: Online Donations, American Express, Mastercard, Haiti Relief, Haiti Earthquake, Discover, Transaction Fees, Visa, Credit Card Companies, American Red Cross, Interchange Fees, Business News

All four major credit card companies -- Visa, MasterCard, American Express and Discover -- have waived or rebated their processing fees on donations ...

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Credit Card Rates: Banks Plan To RAISE Rates, Annual Fees

AP | JEANNINE AVERSA | Posted 05.25.2011

Read More: Credit Card Reform, Credit Card Companies, Credit Card Rate Increases, Federal Reserve, Banks, Credit Card Rates, Credit Cards, Prime Borrowers, Credit Card Industry, Credit Card Fees, Business News

WASHINGTON — Banks expect to tighten terms on credit cards in response to a new law that aims to protect consumers from sudden rate hikes, the F...

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Late Credit Card Payments Hit Five-Month High In October

AP | Posted 05.25.2011

Read More: Fitch Ratings, Credit Cards, Credit Card Debt, Unemployment, Credit Card Companies, Business News

NEW YORK — Struggling credit card holders fell behind on their payments in October at the highest rate in five months, according to Fitch Rating...

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Credit Cards: Federal Reserve Closer To New Limits On Cards

AP | JEANNINE AVERSA | Posted 05.25.2011

Read More: Credit Card Companies, Fed, Economy, Card Check, Federal Reserve, Credit Cards, Recession, Business News

WASHINGTON — The Federal Reserve proposed rules Tuesday to better protect Americans from sudden hikes in interest rates on credit cards. The prop...

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