Credit Cards News. Tag: 'report'
JPMorgan Named In Banking Accountability Litigation
The U.S. Justice Department is now targeting major banks in an attempt to find fault in the present financial crisis plaguing the country. J.P. Morgan Chase & Co is the first to be investigated.
Chase No Longer Charging Overdrafts On Small Purchases
In light of their recent class-action settlement, Chase has adopted a new policy that protects customers from overdraft charges on debit transactions of $5 or less for at least the next two years.
Lenders Still Pursuing Subprime Accounts
A recent statistic shows that subprime credit status is not stopping lenders from pursuing new accounts with potential clients.
Lowering Interest Rates Still A Solid Strategy For Saving Money
Reducing interest rates still remains the best way to remain in control of your loans and credit card balances.
Dropping Default Data May Mean Decreasing Debt
Figures released in the past week or so, have shown that loans of many types, credit cards excepted, have seen a decrease in the rate of defaults for three months in succession.
Does The Internet Cause Inefficiency and Security Lapses?
We have all heard about how social networks such as Facebook are having a negative impact on employee productivity and the media has been awash with accounts of how companies are attempting to deal with the growing problem.
FTC Shut Down India Based Scam Debt Collector
The majority of consumers are now well aware of the various telephone scams in operation designed to steal your personal details as they have been running for several years now.
Increase In Sub-prime Lending Seen Across All Sectors
According to the latest information released by Equifax in partnership with Moody’s Analytics, sub-prime lending has increases across all industry sectors for the spring season.
CARD Act Could Have Cost Consumers Billions
Recent reports have indicated that the introduction of the Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009 rather than saving money, may actually has cost consumers millions of dollars.
1099-C Forms Cause Tax Mess
It is estimated that up to 6.3 million taxpayers have recently received 1099-C forms that are for reporting the cancellation of debt income.
Credit Card Interest Rates Remain Static
The interest rates on new credit card offers have remained the same, according to the latest Weekly Credit Card Rate Report, which looks at the APR on various credit cards on the market.
Court Upholds Binding Arbitration for Credit Cards
The U.S Supreme Court gave a blow to people’s hopes with upholding the binding credit card arbitration procedures.
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