View full post on Collections – Credit Card Benefiting from higher cardholder spending and low loss rates, American Express Co. posted record profits for the first quarter.
View full post on Collections – Credit Card By backing off a plan to limit large upfront fees banks can charge on credit cards, the Consumer Financial Protection Bureau feels it has protected cardholders from other increased costs.
View full post on Credit and Personal Finance Blog | Credit Karma How To Start Making Passive Income. “As many of you know, passive income is the core strategy of my early retirement plan. Currently, we have about $1,400/month of passive income. Of course, it would be better to have more passive income, but even [...]
View full post on Collections – Credit Card The state of Hawaii has sued seven major credit card issuers over the marketing of credit card insurance-like products, known as payment-protection plans.
View full post on Collections – Credit Card A higher provision for credit losses driven by a lower reduction in the allowance for loan losses caused a drop in first-quarter profit for the Card Services and Auto unit of JPMorgan Chase & Co.
View full post on Credit and Personal Finance Blog | Credit Karma We’ve all heard the typical advice for a healthy credit score: Pay your bills on time. Don’t max out your credit cards. Don’t close your oldest accounts. But the problem is, this advice is just that: typical. And most actions that lead to [...]
View full post on Credit and Personal Finance Blog | Credit Karma We asked our Facebook community to share their biggest credit questions. Justine, Credit Karma’s resident Credit Advisor, chose two questions to answer today. “Is there any way to make your identity more secure online against fraud?” (Keenan S.) Here are three no-cost steps [...]
View full post on Credit and Personal Finance Blog | Credit Karma April 17 is fast-approaching, and your 2011 tax return will be due before you know it. While you probably know that paying taxes late or not paying at all can cause you a lot of trouble down the road, you might not realize [...]
View full post on Collections – Credit Card Card issuers as a whole this year are poised to reap “significantly higher profits,” as long as consumer spending maintains its pace and borrowing picks up slightly, a new forecast suggests.
View full post on Credit and Personal Finance Blog | Credit Karma In this fourth installment in the Ultimate Guide to Credit Karma series, we’ll be covering Credit Karma’s Approval Odds, which uses our nationwide credit card data to predict your chances of being approved for a credit card. The calculation is based on a [...]
