Credit Cards News. Tag: 'increase'


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An Unused Credit Card Can Hurt

An Unused Credit Card Can Hurt

In the light of today’s economy many people are trying to cut back on their spending. And very often this will mean not using a particular credit card that is in their possession in the belief that they are helping …



by Carolyn Spiel

Citigroup Shows its Potential

Citigroup Shows its Potential

Two years ago it was a well known fact that Citigroup was up to its proverbial neck in hot water. Out of all the financial institutions it seemed to be the most vulnerable with a seemingly insurmountable quagmire of toxic …



by CreditCardsCo

Mobile Banking for Businesses is on the Increase

Mobile Banking for Businesses is on the Increase

While mobile banking has become increasingly popular with individuals over recent years, banks are now looking at supplying business owners with the same courtesy.



by Brian Weston

Looser Lending Standards is Good for New Customers

Looser Lending Standards is Good for New Customers

The Federal Reserve has released a report based on their latest survey of senior loan officers of banks that states that bankers seem to be more willing than ever to give new applicants the credit card they apply for.



by Scott Townsend

Consumer Spending Increases To Pre-Crisis Levels

Consumer Spending Increases To Pre-Crisis Levels

It appears that consumers all over the United States are beginning to spend their money a little more freely. The amount of spending has increased to levels we have not seen since before the financial crisis.



by Joanne Lee

Chase To Expand Overseas While Foreclosures Rise

Chase To Expand Overseas While Foreclosures Rise

The CEO for JP Morgan Chase & Co, Jamie Dimon, is pushing to increase revenue overseas, while still feeling the weight of bad mortgage loans from the acquisition of Washington Mutual in 2008.



by Brian Weston

Outdated Bank Card Technology = More Fraud?

Outdated Bank Card Technology = More Fraud?

The United States remains one of the only developed countries in the world that has not embraced the smart chip, or EMV technology, that the rest of the world is now using on their bank cards.



by Carolyn Spiel

Visa Quarterly Profits Rise

Visa Quarterly Profits Rise

Visa, Inc has just announced its quarterly profits and the word is good. It is reporting a 51% increase for the last quarter. Additionally, the company has announced they may spend $1 billion to buy back shares.



by Brent Thomas

Credit Card Offers Still Hard To Understand

Credit Card Offers Still Hard To Understand

New laws that took affect earlier this year have helped to make credit cards a bit more understandable and transparent for consumers. However, a study released on Monday indicated that credit cards are still much more complicated and difficult for …



by Brian Weston

The Skinny On Credit Cards Changes America

The Skinny On Credit Cards Changes America

In a society where most people can’t imagine life without credit cards, a new book has become available called The Skinny on Credit Cards. The description of the book is “How To Master the Credit Card Game.”



by Brent Thomas

National Average APR Increased

National Average APR Increased

The national APR average was raised to a high of 14.37% this week due to a jump by The Bank on its Cash Rewards card and an increase by chase on its Mariott Rewards Visa.



by CreditCardsCo

Chase Reported Profit Increase In 3rd Quarter

Chase Reported Profit Increase In 3rd Quarter

JPMorgan Chase & Co has been feeling a some reprieve from all of the charge offs and delinquencies they experienced in 2009. The losses in 2009 were around $700 million. But, at the close of the third-quarter of this year, …



by Joanne Lee




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