Credit Cards News. Tag: 'consumers'




CFPB Make Decision On Credit Card Fees

4 May 2012

CFPB Make Decision On Credit Card Fees

Out of all of the efforts by the Obama administration, to try and improve financial regulation, the most controversial has been the formation of the Consumer Financial Protection Bureau (CFPB).



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AMEX Annouce New Fashion, Food & Travel Rewards

27 April 2012

AMEX Annouce New Fashion, Food & Travel Rewards

In a recent press release, American Express announced some new rewards partners which will allow American Express customers to use reward points for a vast number of city specific special offers.



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Hawaii Set To Crack Down Predatory Lenders

25 April 2012

Hawaii Set To Crack Down Predatory Lenders

This past week, the First Circuit court of Hawaii saw a lawsuit filed which charges seven separate companies and their subsidiaries with signing customers up for protection programs without asking.



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Tweet Your Way to American Express Instant Deals

27 March 2012

Tweet Your Way to American Express Instant Deals

In the never-ending search to attract more consumers to their credit card, American Express has taken to incorporating Twitter into the various ways you can earn special deals and discounts.



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Surprise Checks Arrive For Consumers Involved In Lawsuit

3 January 2012

Surprise Checks Arrive For Consumers Involved In Lawsuit

A class action suit which was brought against a number of financial institutions in 2001 has finally been resolved after ten years of deliberation.



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Balance Transfer Day Is Not What It Seems

19 December 2011

Balance Transfer Day Is Not What It Seems

There were many who applauded “Balance Transfer Day” which was scheduled for December 11, 2011. Consumer advocates were keen for consumers to find the lowest possible interest rates and begin to clear their debts.



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Free Balance Transfers From Slate from Chase

8 December 2011

Free Balance Transfers From Slate from Chase

Consumers who are carrying balances on a credit card account which has a high rate of interest will want to take a look at Slate from Chase.



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PNC Reports 19% Jump In Theft During Holidays

6 December 2011

PNC Reports 19% Jump In Theft During Holidays

As the holiday season fast approaches, the credit card industry is also getting in on the spirit of giving by offering additional credit card rewards, cash back and other money saving promotions.



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BofA Continues With Debit Fees Despite Backlash

11 November 2011

BofA Continues With Debit Fees Despite Backlash

In recent weeks Bank of America has come under heavy fire due to their decision to implement a $5 monthly fee for consumers who use debit cards to pay for purchases.



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Consumers Pay Down Debt Despite Job Uncertainty

10 October 2011

Consumers Pay Down Debt Despite Job Uncertainty

Now that industry figures have been gathered and analyzed for August it has become clear that although unemployment has not significantly decreased, there has been an overall decline in the average amount of credit card debt held by consumers.



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Lowest Credit Card Debt in a Decade

23 August 2011

Lowest Credit Card Debt in a Decade

A new consumer study from major credit bureau TransUnion indicates that consumers made $72 billion more in credit card payments than they did on purchases in 2009 taking US credit card debt to a ten year low.



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WU Launches New Money Transfer Receive Card

11 August 2011

WU Launches New Money Transfer Receive Card

Western Union has launched a new Money Transfer Receive Card to give consumers added convenience when receiving Western Union Money Transfer transactions.



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