VISA took contactless card payments in the U.S. to a smaller level this week with the introduction of the "Contactless Mini Card." The new card brings together the emerging technology of tap and go payment with a more convenient card size.
more
Equifax, Experian and TransUnion have introduced a credit scoring methodology that is more uniform across the three consumer credit reporting databases. The "Big 3" say the new approach is the direct result of market demand for a more consistent and objective ...
more
For only $4.95 per month, the new "Triple Alert" service will monitor your credit reports from all three national credit reporting companies. Provided by Experian Consumer Direct, it is by far the most inexpensive credit monitoring company today.
more
Driven by robust holiday sales, revolving consumer credit debt picked-up in January as Americans added $1.8 billion from the prior month. On an annual basis, revolving consumer credit, mostly credit card debt, grew by a rate of 2.6%.
more
A new study reveals that 22% of the 10.2 million Americans that do not have a bank account have used a credit card in the past three months. The research showed that VISA is the most widely used card among the unbanked and that store credit cards were more ...
more
The second-largest home improvement retailer in the world has launched a new card that gives consumers a six-month project window to make as many purchases as they like without incurring any interest or required payments. Lowe's and GE Consumer Finance have ...
more
Monthly payment rates, the amount that cardholders pay on their credit card debt, soared in January to a record level, approaching 20%. The big increase was primarily driven by higher minimum payments and to a lesser extent by rising interest rates.
more
Interest rates charged on variable rate credit cards have climbed three times more than fixed rates cards. In a rising interest rate climate, fixed rate cards are always a great deal if you can find them.
more
An up and coming low fare airline has added a frequent flyer program and credit card to its fleet. Spirit Airlines this week launched its "Free Spirit" loyalty program that includes a mileage-earning MasterCard.
more
Marriott and Chase have added a "Premier VISA Signature Card" to the "Marriott Rewards" program. Under the new "Premier VISA Signature" program, cardholders earn five points for every dollar spent at Marriott, two points for every dollar spent on qualified ...
more
