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News Archives

Credit card's popularity decreases
Recent figures show that the interest in credit cards and credit card loans is waning. It appears that consumers nowadays would rather choose to take on a new loan than a new credit card. read more


Cutting cards is a new means to cutting cost
Credit cards have been around for a long time but only recently people started to use these cards for other purposes than paying for larger expenses, trips and luxury items. read more


Discover Becomes Stand Alone Company
Morgan Stanley made a definitive move by making a stand along company out of their subsidiary Discover Financial Services. The change is expected to occur in the third quarter of 2007. read more


Accepting Credit Card Payments benefits companies
Recent research by Times shows that business who accept credit card services online have higher sales through the Internet. Those who accept credit cards directly also received a higher portion of sales than those that use other services such PayPal. read more


What You Need To Know About Credit Card Fees
The USA Today reported that the average credit card debt is over nine thousand dollars a person. Credit card debt can accumulate quickly before you know it after just a few purchases. read more


Finding the Right Credit Card
Today, there is so many different credit cards available that a person can often have a difficult time finding the right credit card. By selecting the wrong credit card a person could end up causing more debt issues for themselves later on down the line. read more


Swipe free credit cards are not risk free as per financial experts
Credit cards are a very convenient instrument for credit. However they have also proved to be nightmares to many for two main financial reasons. Firstly it increases your spending capacity in an artificial manner. read more


Day Light Robbery Of Credit Cards
In what appeared to be the worst of daylight robbery three women robbers have snatched away credit cards from pursues in a real estate office. The incident occurred when they were seeing the different model homes. read more


Football star Ji sung endorses Manchester united Master credit card
Ji sung has agreed to be the brand ambassador of Shinhan Manchester United Masters Credit card. His association has helped the organization to attract more than 600000 customers. read more


Citigroup Deal Expands Central American Presence
On Friday, October 27 Citigroup Inc. announced its plans to acquire Central America's largest credit card company, Grupo Financiero Uno and its affiliates. The deal comes just ten days after Citigroup purchased 20 percent of Turkey's third largest lender, Akbank. read more


Security of Next Generation Cards Called into Question
In an article for CBN News ("New Credit Cards: Safe or Sorry?, 26 October 2006) Darla Sitton and Andrea Garrett discuss the new generation of credit cards being used by millions of Americans that can be "swiped at a distance, which makes it easier to pay." read more


Article Examines Effect of Fees on Credit Card Bills
In the article "How Credit Cards Soak You" for Time Magazine, writer Daniel Kadlec reveals the extent to which late fees and finance charges impose heavy financial penalties on card users. Kadlec, in a story posted on the magazine's website on Sunday October 15, 2006, used one of his own purchases to illustrate the effect of mounting fees. read more


Cardholders Ignorant of Contract Terms
Michelle Singletary, Personal Finance Columnist for the Washington Post challenged readers in a column Sunday, October 15 to find out the terms of their credit card agreements and to understand the financial significance of those terms. read more


Campus Credit Card Debt on the Rise
In the United States the ease with which college students can obtain credit cards has more and more young people buried in debt before they ever leave the college campus. In part the attraction of these credit offers can be attributed to rising tuition levels which leaves students without the funds for other necessary expenditures like food and books. read more


Visa Reorganizes, Plans for IPO
Visa, currently the world's largest credit card entity, has announced its plans to merge all its businesses except its Western European operations into the new Visa Inc, which will be sold to the public in an IPO. read more


Would You Like A Credit Card with Your Drink, Sir?
In a bid to garner new customers, Bank of America has enlisted the aid of flight attendants to pitch their US Airways Visa Signature Card. New cardholders get 25,000 bonus miles for their initial purchase; read more


Skimming Card Information at Heart of ID Theft Ring
Authorities in Orange County California have charged some four dozen members of an alleged identity theft ring nicknamed "Operation French Fry." The alleged thieves were involved in a range of activities including credit card skimming, stealing personal information from diners in restaurants, and the sale of information taken from mortgage applications. read more


Be wary when using credit cards abroad
Travelers especially those planning a foreign trip abroad need to be very careful in the use of their plastic as there are many hidden charges that can accrue without their knowledge. read more


Israeli cabbies become credit savvy
Can't find any shekels on you to pay for that ride from the Israel's airport to the hotel? Banish your fears. Hadar Lod has the answer. read more


Chinese national charged with trafficking in credit cards
The Royal Canadian Mounted Police teaming up with the Canada Border Services Agency (CBSA) and the Hong Kong Police, have filed charges against one person for the illegal traffic in credit cards. read more


Department store and gas station credit cards what are their advantages?
Are you trying to get your bad credit back into shape? Then department and gas station credit cards are the answer. Unlike bank credit cards, gas and department store cards are more easily approved and you are eligible for them even if you have poor credit. read more


Park and Pay - through credit today
Patrons who park their cars in the Plaza Parking Garage will not be required to pay cash for use of the facility anymore. They can pay through credit. read more


Older is Greener - Retirees and Credit cards
AXA a worldwide company that offers financial protection has published a report that shows that countless persons are still hoping to use their credit cards even after they have retired. read more

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