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Archive for the ‘News & Info’ Category

New Rules Sure to Come for Prepaid Cards…

 August 14th, 2009  |  No Comments »

According to industry estimates, prepaid transactions jumped from under $5 billion annually to over $39 billion since 2003. Prepaid, loadable credit, debit and gift cards missed the regulatory scrutiny of ...

Posted in News & Info


Latest Proposal to Help Merchants Cut Fees…

 June 23rd, 2009  |  No Comments »

Rep. Bill Shuster (R-PA) and House Judiciary Committee Chairman John Conyers (D-MI) have re-introduced legislation in the House of Representatives that will help merchants and retailers. The Credit Card Fair ...

Posted in News & Info


The Importance of Financial Literacy…

 June 9th, 2009  |  No Comments »

A catch phrase in today's struggling economy is the importance of becoming 'financially literate'. Financial literacy incorporates the concepts of economics, budgets, investments, taxes, insurance and money management skills and ...

Posted in Credit Tips, News & Info


Limits to New Credit Card Regulations…

 March 31st, 2009  |  No Comments »

The new federal regulations that will take effect in July 2010 are the most sweeping changes in the credit card industry in nearly 30 years, offering a variety of protections ...

Posted in News & Info


Consumers Skip Mortgage for Other Debt…

 November 21st, 2008  |  No Comments »

There is a strange phenomenon in the way consumers are behaving when they face the loss of income that may result in defaulting on their debt responsibilities. When there is ...

Posted in News & Info


Parents Approve Cards for College Kids…

 September 18th, 2008  |  No Comments »

Credit cards for kids is a concept that is being embraced by more parents across the U.S. College students living away from home and teens wanting the responsibility for their ...

Posted in Credit Tips, News & Info


Consumers Uneducated About Credit Scores…

 August 7th, 2008  |  No Comments »

A new survey suggests that consumers who are informed about credit scoring and put that knowledge to use save billions of dollars each year. Although consumer understanding of credit scores ...

Posted in Credit Tips, News & Info


Gas Stations Being Pinched by High Prices…

 July 25th, 2008  |  No Comments »

It may come as a surprise to many, but the pain at the pump is being felt by gas station owners just as much as it is consumers. As more ...

Posted in News & Info


Surveys About Mobile Payment Options…

 May 7th, 2008  |  No Comments »

A recent study by Harris Interactive revealed that consumers are becoming more and more comfortable using mobile devices to pay their bills and make online payments. About 25% of mobile ...

Posted in News & Info


Proposed Credit Card Legislation

 April 17th, 2008  |  No Comments »

More scrutiny about credit cards by the government is now focused on hidden fees and bank overdraft charges. Two bills in Congress would expand disclosures and inform consumers before being charged higher interest rates or fees. The ...

Posted in News & Info