The over-limit gotcha now has more teeth as Chase recently announced it will impose a fee if your balance exceeds the credit line anytime during the billing cycle, as opposed to the general practice of hitting you if remain over-limit on the closing day of the ...
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Americans blew a big hole in revolving credit during April, slashing about $3.2 billion off the total, the biggest one-month drop in eighteen months. The sharp decline could indicate consumer desire to pare down debt before rate increases hit later this year.
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The first consumer stock ownership credit card program has been re-launched with nearly 500 merchant partners, an up to 2% rebate for all purchases, and new investment options. Under the "Stockback" rewards program, cardholder earn rebates ranging between 2% ...
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While the sheer volume of credit card offers in mailboxes increased nearly 8% in the first three months of this year, Americans are not responding. Of the 1,284.7 million solicitations mailed in the first quarter, only 0.4% responded to the offers, compared ...
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A new study has found that, perceptually, credit cards are viewed as the exact opposite to cash. They are most closely associated with security and well suited for large purchases.
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Citibank got hammered last month with a record number of unique phishing attacks, comprising more than half of the total attacks in the financial services sector, and surpassing eBay as the prime target. Citi experienced 475 unique attacks during April, ...
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During the first three months of this year, there were 407,572 consumer and business bankruptcy filings, which was down slightly from 1Q/03's 412,968 filings. However, year-to-date consumer and business bankruptcy filings were up 2.7%.
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