Credit Cards | featured news

More Americans' credit scores sink to new lows

Figures provided by FICO show that 25.5% of consumers nearly 43.4 million people now have a credit score of 599 or below, marking ...

 

Wells Fargo to Cut 3,800 Jobs, Stop Subprime Loans

Wells Fargo said it will shut down a unit that makes "non-prime" real estate, auto and credit card loans and stop originating nonprime mortgages, eliminating a total of 3,800 jobs.

 

Fed adopts rules to protect credit card customers

The Federal Reserve adopted new rules Tuesday aimed at protecting credit card customers from getting socked by lofty late payment charges and other penalty fees ...

 

Banks may be gaming your credit card payment

Credit card issuers are still playing "gotcha" with customers.

 

Bank of America ends overdraft fees on debit cards

Bank of America ends overdraft fees on debit cards

Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations limiting overdraft fees....

 

Carrier charged with $123,000 in mail thefts

Carrier charged with $123,000 in mail thefts

A letter carrier who has worked in this town for the past nine years has been charged with stealing cash, gift cards, debit and credit cards from the very mail she was paid to deliver, authorities said Wednesday.

 

BofA reports $5.2 billion quarterly loss

Bank of America Corp. says it lost $5.2 billion during the final three months of 2009 as consumers struggled to make their mortgage and credit card payments.

 

130 million credit card numbers stolen in identity theft scheme

130 million credit card numbers stolen in identity theft scheme

U.S. authorities announced what they believed to be the largest hacking and identity theft case ever prosecuted on Monday in a scheme in which more than 130 million credit and debit card numbers were stolen.

 

Tips for a successful credit card dispute

It’s no secret that in this recession, many travel companies are playing the discount-and-surcharge game. A lot of unwanted charges are popping up on credit card bills — fees that, if not removed, will end up being contested.

 

File bankruptcy or try to settle debts?

Also: What to do when credit limits suddenly drop, and whether IRAs offer protection from legal claims.

Dear Liz: My question is whether I should file for bankruptcy or try to settle my debts.

 

Subscribe to this RSS topic: Syndicate content