HomeNews2004 › August

News Library - August, 2004

Showing entries 11 - 17 of 17 Previous [ 1 2 ] Next
Rate Tweaking

Rate Tweaking

As the Feds pushed the prime rate to 4.50% this week, a second major issuer has tweaked its variable rate structure, enabling it to pass along future rate increases quickly to cardholders. This week, MBNA is notifying cardholders it is switching its variable ... more
Card Scams

Card Scams

Nearly ten million Americans were victims of three types of credit card-related fraud last year. The FTC last week reported that advance-fee loan scams, mostly credit cards, claimed 4.55 million victims last year. more
Disney Dream Auction

Disney Dream Auction

Bank One and Disney will launch an auction next month for "Disney VISA" cardholders offering more than 25 once-in-a-lifetime Disney items and experiences. The "Disney Dream Auction" will launch September 27th. more
June Debt

June Debt

After a sluggish spring, Americans have started adding to their credit card debt load. During June consumers added $1.5 billion to total revolving credit, about the same amount they added in June 2003. more
June Phishing

June Phishing

The surge in the number of phishing attacks on financial services companies continued without letup in June, topping 1,000 attacks. Once again Citibank was the most targeted with 492 attacks compared to 370 in May, and 34 in January. more
What Fee?

What Fee?

Retailers say shoppers are steaming mad when they get a bank statement showing a fee for using a PIN number when making a debit card purchase. Because of the way it is listed on the bank statement, consumers apparently assume the fee is charged by the ... more
Bankruptcy Slows

Bankruptcy Slows

Year-to-date bankruptcy filings are still running nearly 3% below the year ago levels. During June, 127,742 filings were made compared to 130,242 for June 2003. Total bankruptcies for the second quarter were 409,794 compared to 412,968 for 2Q/03. more
Showing entries 11 - 17 of 17 Previous [ 1 2 ] Next