One more reason to opt for paper over plastic as often as possible: your health (physical and financial).
credit cards
Where’d All the Cash Go? U.S. Treasury’s Printing Press Slows
Many economists and investors complain that the federal government has effectively been “printing money” through its loose monetary and fiscal policies. But in a strictly literal sense, the very opposite turns out to be true: In …
J.P. Morgan Chase Tight-Lipped About Credit Card Debt Lawsuit Dismissals
Mortgage lenders are under scrutiny for their foreclosure practices and record-keeping, including abuses like so-called “robosigning” and trying to foreclose on homes without proper documentation. Bank of America agreed to pay …
New Reward Programs Coming to a Card Near You
Traditionally, banks have paid for reward programs with fees they earn elsewhere in their business. But the Credit CARD Act of 2009 and interchange and overdraft fee reform all cut into this revenue. The type of reward program …
Credit Scores: Is 750 the New 680?
Buried in the housing data of the past few days (housing volume is down over the last month while prices are slightly up) was the most interesting release: the performance report of the Mortgage Bankers Association.
Your Credit Card Data Is Probably at Risk
Hackers are getting smarter when it comes to stealing your personal account information. The recent data breach at Citi — which turned out to affect some 80 percent more customers than initially reported and led to $2.7 million …
How Debit Card Swipe Fee Changes Will Cost You
The banks have lost the swipe fee battle, and soon it’s expected that every time a debit card is used, the store where that card is swiped will collect a little more money, and the institution issuing that card will collect a …
6 Ways To Make Your Travel Rewards Go Further
The only thing better than a relaxing getaway is a relaxing getaway you don’t have to pay for. But sometimes chasing those freebies can cost you more than if you just ponied up in the first place. Recently, we took a look at the …
Could Your Credit Card Be Sold?
London-based HSBC Holdings PLC is reportedly trying to sell its U.S. credit card portfolio to focus more on emerging markets. The company isn’t having much luck so far, in part because it’s a big issuer of retail-branded credit cards in the U.S. These cards tend to be accessible to people who have lower credit scores and are more likely …
The Coming Wave of Non-Credit Cards
We predicted that more major financial institutions would launch prepaid debit cards in response to the combination of increased regulation and a ballooning number of people who can’t get a credit or debit card. American Express …
Billion-Dollar Swipe Fee Battle Inches Toward Senate
Senator Jon Tester, the Montana Democrat who kicked off a flurry of lobbying from retailers and bankers when he sponsored legislation to delay the implementation of a reform on debit interchange or “swipe” fees, took to the Senate floor along with his co-sponsors today to present a proposal.
