Litigation Charge Takes A Bite Out Of MasterCard’s Q4 Profit

February 4, 2012 No comments yet

View full post on Collections – Credit Card The credit card industry is inching closer to settling yet another challenge to its controversial interchange system.

What Would You Do to Avoid Your Bill Payments?

February 4, 2012 No comments yet

View full post on Credit and Personal Finance Blog | Credit Karma Would you give up sex for six months? One in five women would in exchange for someone else covering their bills for a month, according to a new survey by market research firm Toluna on behalf of BillFloat. With 42 percent of workers [...]

Judge Halts Telemarketers Who Sold Bogus Credit Cards

February 3, 2012 No comments yet

View full post on Collections – Credit Card A federal judge has temporarily halted a telemarketing operation that allegedly sold bogus credit cards and took money from consumers’ bank accounts without their consent.

Recovering Bad Card Debts Feeds Issuers’ Profits

February 2, 2012 No comments yet

View full post on Collections – Credit Card Recoveries against bad loans have become a major source of cash for credit card issuers, and hence an increasingly important factor in the industry’s return to pre-recession loss rates.

5 Tips to Avoid Spoiled Groceries

February 2, 2012 No comments yet

View full post on Credit and Personal Finance Blog | Credit Karma **Today’s guest post is contributed by Coupon Mountain.** Each time you visit the grocery store, you are spending your hard earned money to feed you and your family. We all have times when we buy something and forget about it, only to find [...]

‘Robo’ Credit Card Suits A Menace For Issuers

February 1, 2012 No comments yet

View full post on Collections – Credit Card Last year JPMorgan Chase & Co took New York resident Shady Gergis to court over a few thousand dollars in allegedly unpaid credit card debt.

FTC Halts Nationwide Employment Scam

January 31, 2012 No comments yet

View full post on Regulation An operation that allegedly deceived consumers with false promises of nonexistent sales jobs will be banned from marketing any employment products or services under a settlement with the Federal Trade Commission.

Monday Roundup: Unemployed Young People Are Costing Americans Billions of Tax Dollars

January 31, 2012 No comments yet

View full post on Credit and Personal Finance Blog | Credit Karma Unemployed Young People Are Costing Americans Billions of Tax Dollars. “Whether the rhetoric is coming from the left or the right, politicians and journalists love to pity recession-era youth. ‘Think of the children!’ Republicans crowed during the deficit debacle. ‘Are we condemning our [...]

Aussies Reducing Credit Card Use As They Target Their Debt

January 30, 2012 No comments yet

View full post on Collections – Credit Card In what could be worrying news for card issuers in Australia, new survey data suggest about 32% of the country’s households last year fell behind financially, which affected their credit card use.

What a Walk in Spain Taught Me about Money

January 29, 2012 No comments yet

View full post on Credit and Personal Finance Blog | Credit Karma Eight years ago, I walked 500 miles across the Northern Spain countryside on a pilgrimage whose route dates back to medieval times. For five weeks, I woke up in a bunk room full of college pals and a professor, laced up my Gore-Tex [...]


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