Feds Talk about New Regulations

Saturday, July 10th, 2010

The new set of regulations has devastated many people. Many consumers have complained that their credit rates increased with no reason at all and the credit card companies do not inform them the reason why. Others point out that the new rules have loopholes in it and don’t really ...

PULSE: Debit Card Use Still at High Level

Wednesday, July 7th, 2010

PULSE, the daughter company of Discover Financial Services, has conducted a new study which aims to show the current number of Americans who use of their debit cards in business transactions now that debit cards have stretched its capacity. Before business establishments such as grocery stores and retail stalls ...

Consumer credit declines in May

Tuesday, July 6th, 2010

Consumer credit declines in May. Consumers across America are slowly paying off their debt, continuing a trend has been exhibited in 18 of the last 20 months.According to the latest report from the Federal Reserve [Board], the amount of money consumers owe to creditors ...

Report shows Americans more focused on paying credit card bills on time

Monday, July 5th, 2010

The number of Americans paying credit card bills late has declined, report shows It appears that consumers are putting themselves in a slightly better financial position, according to a new report that reveals credit card late - stage delinquency rates have declined for the ...

American Express cashback credit card + Santander current account = GBP500 in rewards

Monday, July 5th, 2010

Consumers could be missing out on earning hundreds of pounds by not using a cashback credit card and a high interest paying current account in tandem. moneysupermarket.com has calculated that funding every day expenditure with a cashback credit card and then paying it off ...

Tougher Rules Governing The Spending On Miles Accumulated On Credit Cards

Friday, July 2nd, 2010

If you want to gather miles on your credit card, then, you can do it even without having to board flights. You can amass these points by taking up a few surveys or using your card for the various purchases you make or even by reserving your accommodation on ...