CardTrak.com - News Archive

Debt Levels May, 30, 2006

A new study has found that consumers have increased their debt by 3.6% last year after increasing 8.6% in 2004. Over the same two-year period, minimum monthly payment obligations have increased by 10%. more

Storm Clouds May, 25, 2006

This summer could be a stormy season for many consumers followed by rough sailing for the next year or so. The quadruple whammy of rising interest rates, higher credit card minimum payments, uncertain fuel costs, and sinking home values could be a disaster ... more

ID Impact May, 24, 2006

A new poll reveals that 60% of adults who have had their identity stolen lost money as a result. More than two out of ten say they have not yet been able to recover their loss. The "Wall Street Journal Online/Harris Interactive Personal Finance Poll" also ... more

Pet Card May, 23, 2006

Bank of America and Hill's Pet Nutrition have launched a new credit card that will earn reward points for pet-related expenses and donations to participating animal shelters. Cardholders are also able to add a picture of their pet on the new card. more

Debit Cards May, 22, 2006

Signature debit card purchase volume in the USA is now growing at an annual pace of 19%, compared to 21% in the prior quarter. During the first quarter, consumers and businesses charged $150.2 billion to their off-line debit cards for purchases. more

Card Bumps May, 19, 2006

A new report suggests that inflation, rising interest rates, higher minimum payments and the debit card shift is hitting traditional credit card issuers between the eyes. The research says that credit card issuers need to look more closely at consumer ... more

Card Sale May, 18, 2006

If you apply for the American Airlines' "Platinum Select/ AAdvantage MasterCard" or the "AAdvantage Businesscard MasterCard" TODAY you can pick up 25,000 miles enough for a free domestic roundtrip. The offer also includes a free companion certificate valid ... more

Debt Relief May, 17, 2006

At a time when consumers are required, sophomorically, to see a credit counseling agency before filing personal bankruptcy, the IRS is quietly squashing out the industry. The IRS this week bragged that it audited 41 credit counseling agencies and that all of ... more

Sportsman's VISA May, 16, 2006

Outdoor enthusiasts can rack up some real points with a new VISA card launched this week. The "Sportsman's Warehouse Rewards VISA Platinum Card" offers three "Specialty Rewards" points for every $1 spent in net purchases at Sportsman's Warehouse and one point ... more

Payment Rates May, 15, 2006

Monthly payment rates for credit card-backed bonds soared to a new industry record during March, hitting 22%. The March figure was 270 basis points above February's 19.4% and is only the second time the payment rate has topped 20%. more

CardTrak.com - Most Trusted Source of Credit Cards Since 1986

Library:

2006:

News Library - May, 2006