Legal, regulatory, privacy issues

Credit card balances fall sharply again -- Consumers have spent the past year living frugally, new Federal Reserve data shows -- and analysts say an anti-debt mindset isn't likely to change anytime soon. ... (more)

Credit cardholders 'Discover' new terms in fine print -- Discover is the first of the major credit card issuers to give cardholders details of new terms under credit card law provisions ... (more)

Fed leaves rates unchanged again, stays positive about economy -- The Federal Reserve left its lending rates unchanged again on Wednesday, even as the central bank reiterated that the economy is on the mend. ... (more)

Rise in delinquencies signals prolonged credit card woes -- Though charge-offs decreased during September, the credit card industry braces for an increase in noncollectable debt as delinquencies rise. ... (more)

5 credit card opt-out oopses to avoid -- Even if you’ve opted out of a credit card interest rate increase, these costly mishaps can trigger an unwanted rate hike. ... (more)

Convenience (checks) comes at a price -- When it comes to convenience checks, your best bet is to proceed carefully. The fees and interest on convenience checks can quickly escalate, and they can be potential targets for identity thieves. ... (more)

As time runs out, don't blow first-time home buyer tax credit -- Running up credit card bills before closing can jeopardize that $8,000 tax break you were hoping would make you a first-time home buyer. ... (more)

Credit card interest rates push higher again -- APRs on new credit card offers inched up to 12.64 percent this week, says the CreditCards.com Weekly Credit Card Rate Report. This continues recent trends of rising interest rates this year, as banks continue to make moves ahead of a new card law. ... (more)

Uncle Sam wants you ... unless your credit stinks -- You may be ready to serve your country, but if your finances aren't in good shape, you might get washed out. ... (more)

Avoid headaches with this 5-step plan for traveling with credit cards -- Most people don't consider their credit cards when they're traveling overseas. That's a mistake. These 5 steps will get you and your cards abroad and back safely. ... (more)

Credit card rates flat as banks look for other ways to boost profits -- Interest rates may be flat, but don't cheer yet: Banks are simply shifting their money-making strategies, experts say. ... (more)

House committee: Move up credit card law -- A key U.S. House committee voted to move up implementation of interest rate restrictions in the Credit CARD Act by nearly three months to Dec. 1, 2009, to fast-track consumer protections. ... (more)

What to do when debt triples your income -- When your debt load is more than triple your income, it's time to seek a solution. Debt counseling, debt settlement and possible bankruptcy can set you free. ... (more)

Will cash gifts, inheritance go to creditors after bankruptcy? -- If you recently filed for bankruptcy and are now looking at an inheritance, it's best to make other arrangements for that cash or it could end up going to your creditors. ... (more)

Credit card APRs fall slightly, reversing recent rate-hike trend -- Credit card interest rates dropped slightly this week, after several banks made a commitment to abstaining from additional rate hikes. ... (more)

CreditCards.com's guide to online holiday shopping 2009 -- The sour economy will push more people online to do their shopping this year; these steps will help keep your experience free of cybergrinches. ... (more)

Act fast to remove authorized users when your credit goes south -- Authorized users on your credit card account suffer when your credit hits the skids. Our expert shows how to remove those users to minimize the damage. ... (more)

Under new management: Your credit card -- As more Americans resort to plastic to survive, major banks are shedding their credit card portfolios. What happens when your issuer dumps your credit card? ... (more)

Bankruptcy filings on track to hit 1.4 million in 2009 -- Spurred on by high unemployment, bankruptcies have steadily climbed toward the level present before a 2005 reform law that was supposed to hold down filings. ... (more)

Mystery debt: A collector's goof becomes your recurring problem -- Prepare for a hassle if a collection mistake has your name on it -- phone calls and certified letters are in your future. ... (more)

Nevada holds onto 'top spot' for U.S. bankruptcies in 3rd quarter -- Residents of Nevada, Tennessee and Georgia remain most likely to file bankruptcy, according to third quarter 2009 statistics. How likely are the neighbors in your state to file for protection from debts? ... (more)

Debt collectors must prove the debt is yours -- A reader is being harassed for debt that she doesn't think is hers. Take these steps to take to prevent debt collection abuse. ... (more)

As Americans tighten their belts, they adjust attitudes toward credit -- If buying on credit today were a card game, it would be Texas Hold 'Em. Consumers keep their credit cards close to their vests, leaving merchants to wonder if the newfound frugality is a fad or a bluff. ... (more)

Major issuers' rate hikes send national average card APR higher -- Several credit card issuers raised interest rates this week, driving the national average annual percentage rate on new credit card offers upward for the third straight week to 12.64 percent, according to the CreditCards.com Weekly Credit Card Rate Report. ... (more)

Paying off a child's debt involves money and emotions, dollars and sense -- Paying off a child's debt is a lot more than writing a check. It involves money and emotions, dollars and sense. ... (more)

Nearly 100 charged worldwide in massive phishing scam bust -- The FBI has charged more than 50 defendants -- the most ever charged in a cybercrime case -- for allegedly conspiring to steal the identities of hundreds, possibly thousands, of Americans, the bureau announced Monday. ... (more)

BofA pledges moratorium on credit card interest rate hikes -- Bank of America has pledged not to increase credit card interest rates until February 2010. Congress wants other card issuers to make the same pledge. ... (more)

10 ways to protect yourself from data breaches -- Massive breaches of personal data can leave you feeling helpless, but there are steps you can take to protect yourself and prepare for the worst. ... (more)

The risks you incur when you co-sign -- Once you co-sign on a credit card, your rights to get out of the deal are limited, but you are still completely liable if the original account holder defaults. ... (more)

Beware of 'fake' grandkids calling for cash -- Be warned! A popular scam is proliferating where a "grandchild" calls a grandparent asking for emergency cash or credit card info. ... (more)

States' weapon of choice against ID theft: Transparency -- Until recently, if ID thieves stole your credit card data, you were kept in the dark. But new state laws force firms to reveal what they used to keep secret. ... (more)

American Express boosts national average credit card interest rate -- American Express this week raised annual percentage rates on several of its card offers, pushing the national average APR higher for the third time in four weeks. ... (more)

Credit card marketers drop out of college campuses -- Fall 2009 is card issuers' last unfettered chance to sign up students. Rather than give an all-out marketing blitz in its last chance, issuers pulling back. ... (more)

When is it not a good idea to piggyback on Mom or Dad's credit? -- Becoming an authorized user on a parent, guardian or other adult's credit card account can have rewards as well as pitfalls. Bad payment habits of the accountholder can ruin the authorized user's credit score. ... (more)

College students love, hate new credit card law -- College students across the country praise and condemn a new law that will restrict issuing credit cards to anyone under 21 beginning in February 2010. ... (more)

See what students across the U.S. say about changing credit card rules on campus -- Young adults will see their access to credit due restricted due to the Credit CARD Act of 2009; we surveyed campuses to see how students say it will affect them. ... (more)

Credit cards and college students: How new law changes marketing, access -- Credit cards and college students: How new law changes marketing of, access to credit cards for young adults. ... (more)

Fed: Credit card issuers, stay far away from college campus -- Under newly issued federal regulations, card issuers have to stay at least 1,000 feet away from campus. ... (more)

Alternative ways for students to build a credit history -- The minimum age to qualify for a credit card will soon increase, requiring that students under 21 find new ways to develop positive credit histories. ... (more)

FAMU students sound off about new credit card law -- Credit cards are necessities for many on campus, students at Florida A&M University say. But others say they don't want the temptation the plastic can bring. ... (more)

Penn State students speak out about new credit card law -- Most students interviewed at Penn State University think the new laws will benefit people under 21 years of age, though some wondered whether there were exceptions to the rules. ... (more)

University of Texas students differ on new credit card law's worth -- Opinions on the new credit law varied among University of Texas students. Co-signers shouldn't be needed, some say, though others applauded the new law's restrictions, saying it would make students more responsible. ... (more)

Arizona State University students sound off about new credit card law -- When asked about the new credit card law and how they manage their own credit, some students at Arizona State University said see credit cards as a step toward full adulthood. Others, however, worry about responsibility and debt. ... (more)

University of Missouri students sound off on new credit card law -- Some welcome the added oversight the law gives young adults, others say show me the benefits to giving up financial independence. ... (more)

Southern Cal students opine on new credit card law -- USC students have seen parents and friends handle, and mishandle, their cards. Those students say that if the law means fewer people get in trouble with their cards, all the better. ... (more)

Emory students debate new credit card law: Helpful or just intrusive? -- Emory University students are split on the Credit Card Act. Some say that it'll help students be more responsible, but one says they don't want or need anyone to 'play mom.' ... (more)

Butler University students give views on new credit card law -- Butler University students say the new credit card law is a double-edged sword. It limits students' financial choices while attempting to save students from themselves. ... (more)

IUPUI students see good and bad in new credit card law -- Credit card law's limitations sets some students at ease at Indiana University-Purdue University Indianapolis, though some are wary of those restrictions. ... (more)

Notre Dame students' opinions vary on new credit card law -- Students from the University of Notre Dame see both good and bad in the new law limiting young adults' access to credit cards. Some say it promotes responsibility, while other college students say it just treats them like kids. ... (more)

University of Miami students discuss new credit card law -- Students from the University of Miami give their views on the 2009 credit card law that will restrict young adults' access to cards. Some say it'll help keep young people out of debt. Others say it'll just make things harder on them. ... (more)

Videos: Students react to new laws limiting their access to credit cards -- We talked to college students at the University of Texas at Austin and the University of Missouri to get their reaction to new laws restricting their access to credit cards. Their opinions varied widely. Click through to see their reactions. ... (more)

Fed: Want a credit card? Prove you can pay the bill -- In a new 800-page document released Sept. 29, the Fed requires credit card issuers to confirm borrowers' ability to pay. ... (more)

Credit card video: College students react to new credit card laws -- Portions of a new law will affect how young adults get credit cards. The law, which will put age restrictions on credit cards and ban certain types of marketing from college campuses, takes affect February 2010. Our reporter talked to students at the University of Missouri and got their reactions. ... (more)

Reform law, recession lead to 'retro' credit card offers -- New card programs offer payment control, plain vanilla features, but consumers still face a rocky road. ... (more)

Protect yourself from estranged husband poaching your good credit -- If an estranged spouse uses your identity and 'poaches' your good credit, he may have committed fraud. Protect yourself first then decide whether to put the screws to him ... (more)

APRs rise, even after Fed leaves rates unchanged -- The Federal Reserve chose to leave lending rates unchanged earlier this week, but credit card issuers didn't follow suit. ... (more)

Banks' checking and debit overdraft policies draw scrutiny -- Banking overdraft fees are the subject of studies and scrutiny as consumers, legislators and industry officials weigh in on the controversial practice. ... (more)

Fed keeps rates steady again, waits for stronger economic recovery -- The Federal Reserve once again left interest rates unchanged, as the central bank waits for the economic recovery to become more pronounced before taking up the battle against inflation. ... (more)

Think you can't use that not-yet-activated credit card? Think again -- Until you call your issuer to officially activate it, your new credit card is useless and secure, right? Not necessarily. The startling truth is that many sail through a purchase without a problem. ... (more)

FTC eyes new rules on (not-so) free trial offers -- So-called 'negative option' deals mean unless you act, the free trial morphs into a permanent debt. ... (more)

The risks you face when co-signing a loan -- When you co-sign on a loan and the original borrower stops paying, your credit report and credit score take a hit, too. ... (more)

Does credit card debt follow you if you move overseas? -- Moving overseas doesn't mean you strand credit card debt acquired in the States -- especially if you ever plan on returning home ... (more)

Credit card rates steady as banks struggle with uncertain economy -- Amid mixed economic signals, banks kept interest rates unchanged on credit cards offers this week at 12.28 percent, according to the CreditCards.com Weekly Credit Card Rate Report. ... (more)

Helping aging parents dig out of debt -- With credit card debt among seniors up 26 percent, experts tell you how to help aging parents get back on track without compromising your own financial future. ... (more)

Credit card video: New rules for credit cards on campus -- CreditCards.com talked to students at the University of Texas at Austin to get their reaction to upcoming laws that limit credit card access for people under 21 years of age. ... (more)

Going to your parents for a loan? Hit up Dad first, poll says -- According to a new poll conducted by Gfk Roper for CreditCards.com, male parents are 15 percent more likely to pay off $20,000 or more of their kids debt. ... (more)

Options for dealing with a minimum payment increase -- As issuers try new ways to bring in cash, cardholders may face boosted minimum payment requirements. If you can pay the new minimum, you should, and stop carrying a balance in the future. ... (more)

How cell phone technology is helping combat credit card fraud -- Mobile phone technology is fast becoming the latest crime-fighting tool against credit card fraud ... (more)

What you stand to lose if you don't pay your credit card bill -- A readers wonders just what would happen to her if she just stopped paying her credit card bill. Legal action, garnishment and property liens, our expert warns. ... (more)

After a pause, credit card interest rates resume upward march -- After staying flat the previous week, the national average interest rate on new credit card offers rose to 12.28 percent, according to the CreditCards.com Weekly Credit Card Rate Report. ... (more)

How to safely, securely destroy a credit card: 6 tips -- With credit card fraud and identity theft on the rise, a single scissor snip won't cut it anymore. ... (more)

Spouse's passing doesn't absolve widower of joint card debts -- Grief over a spouse's death and the need for money to get a new place to live after her passing doesn't absolve a widower of the obligation to pay down joint debts.. ... (more)

Consumer credit plunges record $21.5 billion in July -- Consumer debt fell by an unprecedented $21.5 billion in July, according to new Federal Reserve data, as consumers continued to shy away from borrowing in the recession. ... (more)

Creditors care about original loan documents, not court agreements -- In divorce, lenders will go after all who agreed to pay, no matter what a court decree says about who should pay. ... (more)

'Pay for grades' movement stirs passions among teachers, parents -- The 'pay for grades' movement has spread from urban cores to affluent middle-class cities around the country, with supporters and opponents squaring off in equal measure over its effectiveness. ... (more)

Credit card APRs steady, though banks are tweaking other terms -- Even as banks continue to tinker with their business models in reaction to new credit card legislation, the national average annual percentage rate on new credit card offers was unchanged this week at 12.17 percent, according to the CreditCards.com Weekly Credit Card Rate Report. ... (more)

How foreclosures, short sales, other mortgage defaults affect your credit -- How big a bite does a home foreclosure, short sale or other mortgage default take out of your credit score? ... (more)

You have new rights to keep your old rate -- Under the new credit card law, you can cancel your card and pay off your balance at the existing APR if the issuer hits you with a rate increase ... (more)

FTC settles prepaid card misrepresentation case -- A company settled with the Federal Trade Commission after allegedly charging unaware consumers, who thought they were filling out loan applications, for a prepaid card. ... (more)

After run of rate hikes, banks leave APRs unchanged -- Banks paused this week following a recent run of interest rate increases, leaving the national average annual percentage rate on new credit cards unchanged at 12.17 percent, according to the CreditCards.com Weekly Credit Card Rate Report. ... (more)

7 signs Americans are getting smarter with credit -- Lately there have been a handful of signals that consumers are getting a lot smarter when it comes to the cards. Here are seven. ... (more)

Credit card reform law quirk: 45 days' notice becomes 14 -- Yes, the new credit card reform law requires 45 days' notice of rate hikes, but if you use the card after 14 days, the new rate applies. ... (more)

Study: Prepaid cards full of hidden dangers -- Though touted as a way to stay debt-free, the use of prepaid cards may subject consumers to high fees -- and the money may not be safe. ... (more)

Learn your options when dealing with crushing medical debt -- Communicate, and secure your housing and transportation first, says The Credit Guy. ... (more)

Help with credit card debt -- Whether you're trying to dig out from under debt or just avoid it in the first place, our Credit Card Help section can help you make better decisions. ... (more)

Know your rights: Fair Debt Collection Practices Act -- Experts say consumers should face the facts and deal with debt collectors, but also know and understand their consumer rights and protections. ... (more)

Debt collectors' ethics codes -- Associations of debt collectors try to curb abuses in the collections industry. ... (more)

First phase of the new Credit CARD Act starts Aug. 20 -- The first phase of the new credit card reform law kicks in Aug. 20. Use these helpful links to navigate through what the new law means to you. ... (more)

Got a beef with a credit card issuer? Here's how to file a complaint -- Can't resolve a problem you're having with your credit card issuer? You can file a complaint with the regulator that oversees the bank, credit union or savings institution. ... (more)

Q and A on first phase of new credit card law -- Consumers get the right to opt out of rate increases, notification and billing requirements become clearer. ... (more)

A guide to navigating through bankruptcy -- If you find yourself among the growing number of people filing for bankruptcy, or think that it's the only way out, we can help you navigate through these tough times. ... (more)

Firsthand lessons from dealing with my parents' credit card debt after death -- After her parents' sudden demise, a daughter shares hard-won lessons learned from having to cope with their finances. ... (more)

Credit card video: Credit CARD Act to bring big changes -- Connie Prater, senior writer for CreditCards.com, discusses a few of the major provisions in the Credit Card Act of 2009. ... (more)

Fed report: Lenders again tighten credit card loan standards, but not as much -- Credit card issuers again cut credit in the second quarter of 2009, as did lenders of many kinds, according to the latest data from the Federal Reserve. ... (more)

Credit card charge-offs, delinquencies hit all-time high -- The second quarter closed with the highest consumer credit card delinquency and charge-off rates since the Federal Reserve began tracking data on the subjects. ... (more)

Have card, will travel: A guide to traveling with a credit card -- You need to take steps before, during and after the trip if you want your travel to be enjoyable for you and your credit. ... (more)

Consumers gain right to opt out of credit card rate increases -- The first phase of the new Credit CARD Act of 2009 kicked in Aug. 20, lengthening notice requirements and giving consumers the right to opt out of rate increases. ... (more)

Fed again leaves interest rates at historic low -- In an effort to preserve what analysts deem a fragile recovery, the Federal Reserve has again left interest rates unchanged. ... (more)

When your spouse's debt collection becomes your nightmare -- If your spouse's credit card debt is headed south and the debt collectors are calling, there is a good chance that your assets are at risk, too. ... (more)

States weigh limits on credit checks for employment -- In July 2009, Hawaii became the second state to limit the practice of allowing all employers to make hiring decisions based on a job applicant's credit score. ... (more)

Killing off the credit card balance that refuses to die -- Late charges, over-the-limit fees, interest rate hikes and cash advance fees can all prevent you from paying down that previously unrelenting credit card balance. ... (more)

Consumer credit card balances plummet -- Credit card balances fell once again in June, according to the latest data from the Federal Reserve, as consumer spending and access to credit remained under pressure. ... (more)

Will there be a global credit score someday? -- Imagine all the people of the world united -- under a single credit scoring model. Depending on whom you ask, the concept of a global credit score is either a far-fetched pipe dream or an eventual reality. ... (more)

Credit scoring goes global -- Dominant in the U.S., the FICO credit score doesn't hold the same status worldwide. That leaves many international lenders looking to local versions of credit scoring models to help judge risk. And the differences from nation to nation can be great. ... (more)

What are your rights when opting out of a rate increase? -- You can't opt out of a rate increase after the stated deadline, but you may be able to freeze the account at the old rate. ... (more)

Decline in credit card mailings slows -- After months of decline, recent data show banks have begun reconsidering card offers. Synovate, which tracks credit card direct mail, reports that U.S. households received 349.1 million offers in the second quarter -- down just 6 percent from the first quarter ... (more)

U.S. magnetic stripe credit cards on brink of extinction? -- Europe is considering an all-out ban on magnetic stripe credit cards, favoring chip-and-PIN transactions. Will U.S. plastic be left in the dust? ... (more)

Active military personnel protected from interest rate hikes -- The Servicemembers Civil Relief Act offers interest rate limit protections for active duty military personnel. All you have to do is ask, and prove that you've been called to serve. ... (more)

Can one spouse's bankruptcy destroy the other's credit? -- If your spouse files for bankruptcy, your credit score may or may not be impacted, depending on where you live and what you owe. ... (more)

Credit card APRs jump for 4th time in 5 weeks -- Following a brief pause last week, the national average annual percentage rate on new credit card offers rose for the fourth time in the past five weeks to 12.06 percent, according to the CreditCards.com Weekly Credit Card Rate Report. ... (more)

Survey: Credit card, collection complaints growing quickly -- The nation's fastest growing consumer complaints involve aggressive collection tactics for credit card and many other debts, says a survey released Thursday. ... (more)

Poll: Credit card issuers punish cardholders, but pursue a few -- Credit card issuers have punished two of every five cardholders by acts such as rate increases, but a few have been rewarded, says a CreditCards.com poll. ... (more)

Proving your worth: How entrepreneurs can qualify for credit -- As credit lines tighten, or even disappear, small-business owners are turning to credit cards for survival. But getting approved for plastic is harder than ever. ... (more)

Create a separate credit identity after divorce -- If you are still an authorized user on an ex's credit cards, your credit score is dependent on their payment behavior. Your best bet is to get your own credit. ... (more)

Consumers cash in on credit card scam -- The FTC mailed refund checks to victims of a Florida-based telemarketing credit card scheme. ... (more)

After weeks of increases, credit card APRs finally stand still -- Ending a streak of three straight weekly APR increases, the national average interest rate on new credit card offers held steady this week, according to the CreditCards.com Weekly Credit Card Rate Report. Just don't expect it to last. ... (more)

Credit card binding arbitration system crumbling -- A controversial, but common practice in the credit card industry -- requiring consumers to go to arbitrators rather than the courts when disputes arise -- appears on the verge of collapse. ... (more)

9 tips for job seekers with bad credit -- As the recession drags on, times are getting tougher for job hunters. The good news is you can still find a well-paying job even if you have lousy credit. These nine tips can help. ... (more)

Fed bank regulator's report says national banks still tightening lending standards -- A report from the Office of the Comptroller of the Currency shows shows no banks easing credit card standards while 68 percent are tightening up. ... (more)

Bankruptcies per capita, all 50 states, 2007-2009 -- Nevada jumped Tennessee to become the leader in per capita bankruptcy for 2009. Where does your state rank? ... (more)

Leading arbitration firm abruptly quits the business after lawsuit -- A lawsuit by Minnesota's attorney general caused a quick retreat by the leading firm that provides binding arbitration services to millions of credit cardholders. ... (more)

5 post-bankruptcy myths -- While bankruptcy may offer a fresh start, many consumers worry about how it will ultimately impact their financial future. Recovery takes time, but it's not as bleak as you may think. ... (more)

Bankruptcy filings return to pre-reform-law pace -- Largely due to the recession, a 2005 law clamping down on filing had only temporary impact. ... (more)

Variable interest rate cards replacing fixed rates -- Seven months in advance of the new rules that would limit an issuer's ability to alter a fixed rate account, credit cardholders are being moved to variable rate cards. ... (more)

Credit card APRs rise for third straight week -- Borrowing money on a new credit card continues to become increasingly expensive, as banks work to protect themselves from a weak economy. ... (more)

Minnesota Attorney General files lawsuit against National Arbitration Forum -- Minnesota Attorney General Lori Swanson filed a lawsuit Tuesday against the National Arbitration Forum of Minnesota is unfair to consumers. ... (more)

The greatest gift of all: free travel -- When offered someone else's frequent flier miles for travel, there are some rules of the road that you should follow. ... (more)

Let's talk credit: 8 must-have couple conversations -- Attitudes about using credit cards vary dramatically, and learning a partner's outlook can avert all-too-common money disputes. Here are the eight top credit issues every couple should tackle. ... (more)

Your options when credit card minimum payments skyrocket -- Credit card issuers can change conditions on short notice, including the minimum payment. ... (more)

Starting a credit life after a spouse's death -- A widow wants to know what she needs to do to keep her mortgage and lines of credit after her husband's death. ... (more)

Credit card interest rates keep moving higher -- The cost of using credit cards continues to rise, giving consumers yet another reason to keep their plastic in their wallets. ... (more)

Credit card balances keep falling, Fed says in May's G.19 report on consumer credit -- Credit card balances continued their downward spiral in May, according to the latest data from the Federal Reserve, as cardholders remained hesitant to carry any unnecessary debt during the ongoing recession. ... (more)

Time for the big credit card talk with college students -- The new Credit CARD Act of 2009 limits issuing and marketing credit cards to people under 21. It may mean more parents will have to discuss managing credit with their children. ... (more)

Download a sample credit card contract for parents, young adult children -- This downloadable contract between parents and their young adult children about credit card use can be a starting point for talk about co-signing for a credit card. ... (more)

Your rights when dealing with canceled flights -- When your flight is canceled, you might be surprised to find that the airlines aren't legally required to do much to accommodate you. ... (more)

24 hours of credit card tweets on Twitter -- To find out what Internet users think about plastic, CreditCards.com read and evaluated 24 hours' worth of tweets about credit cards on the social networking site Twitter. ... (more)

Credit card issuers dip a cautious toe into social media -- Credit card companies have made only tentative steps into the social media fray. But while you’re talking on sites such as Twitter, LinkedIn, and Facebook, they’re listening in -- and planning their next steps. ... (more)

John Grund: A look at the future of credit cards -- Credit card expert John Grund analyzes what consumers can expect to pay for credit in the near future and whether the days of easy credit are over. ... (more)

Credit card interest rates rise ahead of new law -- Regulations plus recession make card issuers pull the APR trigger and hike cardholders' rates. ... (more)

New federal guidelines help consumers dispute credit report errors -- Under a set of newly introduced guidelines, consumers gain the right to take up disputes over credit report inaccuracies diirectly with the businesses that supplied the faulty data. ... (more)

CreditCards.com's Weekly Rate Report: Rates barely lower -- The national average annual percentage rate on new credit card offers edged barely lower this week, according to the CreditCards.com Weekly Credit Card Rate Report, but analysts expect interest rates to rise in the not-too-distant future. ... (more)

Fed again holds rates steady, but change may come soon -- Although, as expected, the Federal Reserve didn't boost interest rates with its latest monetary policy announcement, analysts say it is only a matter of time before the Fed hikes its key lending rate. ... (more)

Credit cards around the world -- Credit cards have spread around the globe, but the differences in how they're offered illustrate differences between cultures. ... (more)

Allowing friends to use your credit card = mistake -- After the charges, it may be too late to hold someone else responsible for debt run up on your card with your permission. ... (more)

Does it matter who is the primary account holder? -- In times past, creditors may have only reported credit history for the primary account holder -- usually the man. Times have changed. ... (more)

CreditCards.com's Weekly Rate Report: Rates unchanged -- Credit card interest rates didn't move this week, but experts say recently introduced laws and an eventual economic recovery likely mean higher credit card APRs in the not-too-distant future. ... (more)

Obama proposes new consumer protection agency for credit cards, other financial services -- The Obama administration proposes creating a Consumer Financial Protection Agency as a consumer watchdog for credit cards and other complicated financial products. ... (more)

Summary: What a Consumer Financial Protection Agency would mean to credit card users -- This table summarizes how credit cardholders would be affected by President Obama's sweeping financial reform proposal. ... (more)

New law bans card payment allocation trickery -- If you use your credit cards for balance transfers or cash advances in addition to making purchases, your credit card payments will soon go further, starting in February. ... (more)

A comprehensive guide to the Credit CARD Act of 2009 -- The federal government has enacted sweeping reforms into how credit cards work; learn what they mean to you through this interactive guide. ... (more)

Videos: What people are saying about the Credit CARD Act -- A lot has happened since the Credit CARD Act of 2009 was introduced, and much of it recorded on video cameras. ... (more)

What you buy and where you shop may affect your credit -- The new Credit CARD Act calls for a probe of whether shopping at certain merchants or buying certain items affects your creditworthiness. ... (more)

How to shop your way to a better credit score -- Credit card issuers increasingly use complicated formulas to analyze their cardholders' purchasing patterns for signs of increased risk. ... (more)

European Trade Commission: U.S. overstepping bounds in enforcing onling gambling ban -- The European Commission ruled this week that U.S. laws that ban most forms of online gambling discriminate against European companies and violate international trade agreements. ... (more)

Are you responsible for your late parent's debts? -- One nervous reader asks whether a credit card company can come after her to pay for her father's debts after he passes away. ... (more)

Experian: High credit score increases likelihood of ID theft -- Having a high credit score makes it easier -- and cheaper -- for you to borrow money. But according to a new report from credit bureau Experian, that high score also makes it easier for identity thieves to secure stolen credit in your name. ... (more)

Fed G.19 consumer credit report shows spending falls again -- As the recession and layoffs continue to take their toll, consumers respond by ditching debt. ... (more)

Protecting your credit score when paying down debt -- It's a Catch-22: you opt to pay down your credit card debt, but then your credit limit gets cut. What's a cardholder to do? ... (more)

New phone phishing scam on the rise -- Thousands of bank customers are being targeted by a new phishing scam where they are asked to enter their credit card information over the phone, police say. ... (more)

'Free trial' offers can bring unwanted credit card charges -- Ever fall for the "order now and receive a free trial offer" on the latest energy booster or anti-aging cream? You're not alone. Here's how to avoid getting scammed. ... (more)

Credit card mail offers with annual fees on the rise -- Once nearly extinct for people with good credit, card offers with annual fees are rebounding, research firm Synovate says. ... (more)

The ugly side of debt collection -- Debt collectors would much rather settle for less than the full amount and get it all at once than receive a small amount each month. ... (more)

Obama signs credit card reforms into law -- His signature starts the enactment clock ticking on new consumer protections. ... (more)

Credit card reform legislation time line -- This interactive time line shows how the sweeping credit card reform bill became a law, and when its different provisions take effect. ... (more)

A practical guide of what to expect when filing for bankruptcy -- American bankruptcy laws were created for catastrophic events, where debt resolution can give you a fresh start and let you become a productive, contributing citizen again. ... (more)

No more free pizza? Law will alter cozy relationship between credit card issuers, colleges -- New credit card legislation will change the cozy relationships between banks and colleges -- and mean less free pizza for students. ... (more)

Will credit card law will hurt more people than it helps? -- Card issuers say the new law will hurt consumers; consumer advocates say the card issuers are bluffing. ... (more)

House easily passes credit card reform bill -- Following today's 361-64 House vote, President Obama is poised to sign credit card restrictions into law. ... (more)

Your keys to getting in the 700+ credit score club -- Having good credit pays -- in dollars and cents. In an ever-tightening credit market, having a solid credit history with a credit score well over 700 will open doors to money-saving opportunities ... (more)

U.S. Senate votes for credit card reform bill -- Riding on a wave of anti-bank and pro-consumer sentiment sweeping the country, the U.S. Senate today passed unprecedented credit card industry reforms designed to help millions of families struggling to pay credit card debt. ... (more)

How to cope until new credit card law takes effect -- Consumer advocates say cardholders should wean themselves off of credit cards, pay down debt and pay on time during this period before new protections kick in. ... (more)

Obama to hold town hall meeting on credit cards this week -- President Barack Obama will hold a town hall meeting on credit cards in Albuquerque, N.M., May 14. ... (more)

Your credit card has a carbon footprint -- A credit card's footprint is roughly the CO2 equivalent of five bank checks, 13 dollar bills -- or the gas to drive a Hummer 150 feet. ... (more)

What's the best way to pay the IRS? -- When faced with a tax bill, it's important to weigh all payment options carefully or you'll end up paying a lot more than you owe. ... (more)

Job fears keep credit card balances falling -- Credit card balances fell further in March, based on the latest data from the Federal Reserve, as cardholders opted to save their money rather than spend on plastic. ... (more)

Feds: Close rate-hike loopholes in credit card rules -- Feds propose rule amendments to close loopholes that would have allowed interest rate hikes by credit card issuers; the public can comment on them until June 4. ... (more)

Rep. Frank introduces bill to allow online gambling -- Don't bet on it quite yet, but you soon might be able to use your credit card to place online wagers, legally and without giving your card numbers to -- and funneling your money through -- a foreign company. ... (more)

Authors explain how to duck debt reaffirmation traps -- When seeking bankruptcy protection, some unwary consumers may be cajoled or outright conned by their creditors into remaining on the hook for a car loan or home mortgage through a process known as reaffirmation. ... (more)

American Express, U.S. Bank contend for rewards card customers -- In the wake of Delta's merger with Northwest Airlines, American Express announced April 27 it will be taking over Northwest's WorldPerks rewards program. Meanwhile, WorldPerks' former provider, U.S. Bank, sought to stay competitive by introducing its own expansive rewards card. ... (more)

U.S. House passes Credit Cardholders' Bill of Rights -- With strong backing from President Obama, a measure reining in credit card issuers passed the House of Representatives -- and even got stronger. ... (more)

Bulletin: U.S. House easily passes cardholders' bill of rights -- The U.S. House of Representatives again passes tough consumer credit card protections, but this time with presidential backing. ... (more)

Latest Fed statement offers little relief to credit cardholders -- The latest Federal Reserve announcement provided little fresh support to cardholders hoping for a break from higher interest rates and fees. ... (more)

Laid off, stuck with company credit card bill -- If you are an authorized user on your company card, then you aren't responsible for payment, but that might not stop collectors from harassing you for it. ... (more)

Why do credit cards have expiration dates? -- When your credit card renews, it's important to re-evaluate and renew any automatic payments. ... (more)

Senators seek 'emergency freeze' to rate hikes on credit card balances -- Sens. Dodd, Schumer want to ban rate increases on credit card balances. ... (more)

Sample credit card interest rate increase opt-out letter -- New credit card law requires issuers to give consumers the right to opt out of interest rate increases. This sample opt-out letter will help you decline them. ... (more)

How to react to a 'rate-jack' attack -- The bad news is in. Your credit card issuer has sent a change in term notice of an impending interest rate hike on your account. But you have options. ... (more)

FTC helps nonbank cardholders figure true cost of credit -- Nonbank credit cardholders who want to figure out how long it will take to pay off their credit card balances by only making the minimum payment can now just call the FTC. ... (more)

Credit Cardholders' Bill of Rights passes House committee -- On the eve of a key meeting between President Barack Obama and top credit card industry executives, the House Financial Services Committee passes the Credit Cardholders' Bill of Rights ... (more)

Egg or sperm donation, medical experiments: Struggling consumers go to extremes to tackle debt -- You've given blood, sweat and tears to pay off those credit card bills, but what about your sperm and eggs? In tough times, some consumers see cash offered by participation in medical tests, sperm and egg donation as a viable way to attack card debt. ... (more)

In bad economy, demand rises among crooks for ID data -- In the midst of a struggling economy, the supply, demand and prices for stolen credit card data in the black market remains high, according to a new study. ... (more)

Coalition takes battle over credit card practices to issuers' boardrooms -- Religion-oriented investors, consumer groups file shareholder proposals asking major credit card corporations to examine their own practices and excise any that are predatory. ... (more)

Study: 'The war on phishing is far from over' -- More consumers were victims of phishing attacks in 2008 -- a 39.8 percent increase from a year earlier -- but the average amount lost decreased, according to a survey conducted by technology research company Gartner. ... (more)

Top credit card issuers back new debt management plan (DMP) repayment relief program -- In partnership with a major consumer credit counseling accrediting agency, 10 of the nation's largest credit card issuers have agreed to provide additional relief to consumers struggling to repay their debts. ... (more)

Ex-wife maxes out joint cards: Who pays? -- Divorce is at best unpleasant and at worse very painful. Plus, the lingering separation of finances can add to the pain for years. ... (more)

Hybrid credit, prepaid cards may offer crunch relief -- Consumers trapped in the credit crunch may soon have another choice when hybrid credit/prepaid card combos become more widespread. ... (more)

Study: Credit card fraud Americans' biggest fear -- New data say credit card and debit card fraud is the No. 1 fear of Americans, outweighing those of war, terrorism, computer hacking and epidemics. ... (more)

How -- and when -- to use credit cards to pay income taxes to the IRS -- Going into debt to pay taxes may not be the wisest call in the financial playbook, but some people may not have a choice. Here's how to do it wisely. ... (more)

IRS rules that fee for paying taxes with credit, debit card is deductible -- New ruling creates a break for paying tax by plastic -- but only for some ... (more)

Card issuers more willing to make concessions in debt deals, but fewer consumers qualify -- Realizing something's better than nothing, card issuers are OKing more generous debt management plans -- but they're still too costly for many consumers. ... (more)

Group issues standards for fair credit cards -- Raised interest rates on nearly one-quarter of credit cards cost consumers more than $10 billion in 2008, one of the many damages of unfair credit practices the Pew Charitable Trust said it hopes to prevent through a list of standards the company released March 31. ... (more)

Credit Card Help: 10 worst credit card mistakes -- Making these 10 mistakes will turn good credit into bad and bad credit into lenders-won't-go-near-you credit. ... (more)

Credit Card Help: 7 things you must know about credit cards -- Forge a positive and fruitful relationship with credit cards by learning the basics before you apply for an account. ... (more)

Credit Card Help: 10 things you should know about identity theft -- Identity theft is often in the news, but there are a lot of misconceptions swirling around about how to best protect yourself. ... (more)

Credit Card Help: What the new credit card law means for you -- Now that the first portions of the Credit CARD Act of 2009 have gone into effect, here's how its provisions will affect you. ... (more)

Survey: 28% of ID theft victims know crime source -- More than one out of four victims of identity theft know how their personal information fell into the wrong hands. The remaining 72 percent are left wondering just how their identity was compromised ... (more)

Using frequent flier miles for tax-deductible business trip? Figure fair market value -- Using frequent flier miles for a tax-deductible business trip? Careful: There are two ways to determine their value. ... (more)

Cardholders' Bill of Rights passes 1st legislative hurdle -- The 2009 version of the Credit Cardholders' Bill of Rights passes its first legislative hurdle, but quick implementation was stripped out. ... (more)

Credit card authorized users, joint account holders: Know the difference -- The differences are significant between authorized users and joint account holders -- especially in payment responsibilities. ... (more)

Heartland data breach damages still mounting -- More than two months after the announcement of the Heartland Payment Systems security breach, the processor has continued to draw fire from merchants and issuers. ... (more)

Ad campaign fights credit card interchange fees -- American households pay hundreds of dollars a year in hidden credit card fees called interchange fees each year, a practice that a business coalition has vowed to fight to eliminate. ... (more)

Federal Reserve's public comment period ends on automatic overdraft protection -- Almost 2,000 consumers and financial institutions answered the Federal Reserve's call to voice their opinion on overdraft fees. Consumers want see change; banks want little change if any. ... (more)

Fed invites comments on banks' automatic overdraft programs -- The Federal Reserve Board is asking consumers to comment on potential changes to regulations governing banks' controversial overdraft protection programs. ... (more)

Are credit card rewards taxable? Probably not, but ... -- The IRS has indicated that it does not presently view rewards such as frequent flier miles as income, and therefore they're not taxable. ... (more)

Stuck with a tax bill? Here are your payment options -- If you're one of those who owe and don't have the dough, you may be tempted to pull out a credit card -- but is that the wisest choice? ... (more)

10 grandchildren + $100,000 in card debt = bankruptcy? -- Even though bankruptcy may seem like the answer to clean the debt slate, if you don't change your situation, it won't help at all. ... (more)

'Contactless' credit cards spark concerns for data privacy -- The credit-card swiper you now use at the checkout counter may eventually be obsolete, but privacy advocates question whether contactless cards are more for convenience and less about keeping customers' data safely protected. ... (more)

New survey finds most common ID theft victims -- The most common identity theft victims are middle-aged married females, divorcees, or those who make more than $75,000 a year, according to a December 2008 survey released by Nationwide Insurance. ... (more)

Credit Cardholders' Bill of Rights gets 1st House hearing of 2009 -- Federal legislative would codify pro-consumer card regulations; opponents say it would go into effect so fast it would wreck the system. ... (more)

Latest Fed moves won't have much impact on cardholders -- Unable to further reduce interest rates, the Federal Reserve's latest meeting focused on other tools to encourage borrowing and, in turn support a weak economy. ... (more)

FTC charges seven credit repair companies with deceit -- The Federal Trade Commission filed a complaint today with the U.S. District Court of New Jersey accusing seven companies and their principals of violating federal law by falsely promising to erase all negative information from a consumer's credit report. ... (more)

What happens to prepaid cards when a business is sold? -- Most business owners follow both logic and good business sense and honor prepaid cards. Sometimes, however, you run into someone who doesn't. ... (more)

Credit card video: 6 tips to protect yourself from ID theft -- Identity theft is a huge problem these days. Gail Cunningham, spokeswoman for the National Foundation for Credit Counseling, offers helpful, practical tips to keep yourself safe. ... (more)

Credit card glossary terms to know for identity theft -- The most proactive step consumers can take to detect fraud is to monitor closely their bank and credit card statements. ... (more)

Credit card glossary terms to know for first-time card users -- Ready for your first credit card? Before you start charging, here are credit card terms that will help you become a responsible credit card user. ... (more)

What to do if your retail credit card issuer goes bankrupt -- Millions of private label cardholders are seeing retailers go into bankruptcy, or worse, go under. The question then is to whom do you pay, and do you have to pay at all? ... (more)

Federal Reserve's January 2009 G.19 report on consumer credit shows jump in spending -- Credit card balances rose in January, according to the latest data from the Federal Reserve, as workers saved their incomes and the unemployed were forced to live on plastic. ... (more)

Good credit cardholders lumped in with bad -- Banks are pulling back more than ever before to limit the amount of risk they have, so even perfect payment clients are compromised ... (more)

Credit card issuers beware: Feds will be watching -- Federal regulators will use federal law against unfair or deceptive trade practices to judge future credit card practices. ... (more)

Credit card fraud victims more likely to recover losses -- Five percent of Americans were victims of financial fraud in 2008, but those who had money stolen from credit and debit cards were more likely to recover their losses. ... (more)

ACA proposes changes to debt collection law -- The responsibility of notifying creditors they have filed for bankruptcy should be more in the hands of consumers, according to the Association of Credit and Collection Professionals. ... (more)

$200 billion in 'TALF' funds ready to revive consumer lending -- Loans for credit cards may soon be a little easier to get as $200 billion in the TALF program will be injected into the frozen lending sectors. ... (more)

When credit card debt ruins retirement -- When credit card debt dulls the glow of your golden years, you have options: reverse mortgages, bankruptcy or credit counseling. ... (more)

Credit card biometrics making its way from the movies to the marketplace -- Credit cards with biometric security features may no longer be the stuff of spy movies, but a mainstream alternative to sloppy signatures and forgotten passwords. ... (more)

FTC urges changes to Fair Debt Collection Practices Act -- The FTC announces in a Feb. 26, 2009, report that the Fair Debt Collection Practices Act be updated to reflect changes in technology and to improve consumer protections. ... (more)

'Tokenization' touted as a new way to increase credit card data security -- Rather than spend more making credit card data hackproof, a new concept would prevent ID theft by never having merchants store the data in the first place. ... (more)

Commercial, business credit cards not covered by new federal regulations -- New credit card rules approved by federal regulators in December 2008 give greater protections to consumers and families with credit cards -- but not to corporate or small business cardholders. ... (more)

How the IRS treats frequent flier credit card rewards -- are they taxable income? -- When cashing in frequent flier miles, it's important to know whether the IRS considers them gifts or taxable income. ... (more)

Average credit card balances rose to $7,300 in 2007, Fed survey says -- The Federal Reserve released its triennial look at Americans' finances. Seven in 10 households have credit cards, but nearly half carry balances each month ... (more)

6 ways to protect your identity in a data breach -- As data breaches become more prolific, it's important to be more proactive in protecting yourself from identity theft. ... (more)

Lessons in paying off delinquent debt -- Settling an old debt won't necessarily improve your credit score, but it can free you of the collection process and to know that you made good on your obligation ... (more)

Federal Reserve's December 2008 G.19 report on consumer spending -- Consumers sharply reduced their credit card balances in December, according to monthly data from the Federal Reserve, as even the holidays weren't enough to drive spending on plastic. ... (more)

Federal Reserve's December 2008 G.19 report on consumer spending -- Consumers sharply reduced their credit card balances in December, according to monthly data from the Federal Reserve, as borrowers paid for fewer expenses with plastic. ... (more)

Q&A with credit card and debt expert Amelia Warren Tyagi -- Why aren't credit card contracts tested for product safety just like toasters? That's exactly the sort of fundamental common sense asked by author and debt expert Amelia Warren Tyagi. ... (more)

How to avoid debt collectors' fees -- Debt collectors often try to tack on a separate fee to your debt, which is governed by law and has to be reasonable. ... (more)

Research: Direct mail credit card offers plummeted in 2008 -- Those offers that did go out went mainly to the wealthy, according to Mintel Comperemedia research. ... (more)

Couples should debt plan when estate planning -- Avoid headaches for surviving spouses by taking responsibility for debt balances into estate planning. ... (more)

Fed report: Banks continue to tighten lending standards -- Banks remain hesitant to extend credit to consumer borrowers, according to the results of the latest Federal Reserve survey of senior loan officers, with more than half of lenders saying they tightened their credit card lending standards in the last three months of 2008. ... (more)

When medical problems hit, bankruptcy can make sense -- Bankruptcy laws were created for catastrophic situations, not for carelessness. However, filing should be done only when other options have been considered. ... (more)

Unable to cut interest rates, Fed seeks new economy-boosting tools -- Unable to lower interest rates further, the Federal Reserve today announced plans to instead use other means to kick-start a stalled economy. ... (more)

Out of ammo, Federal Reserve invents new guns -- With no room to lower interest rates further, the Federal Reserve today announced plans to instead invent alternate means to prop up the economy. ... (more)

Don't take the bait when you receive a 'phishing' e-mail -- Legitimate companies don't ask for your private, personal information via e-mail. Don't let a logo lure you into a 'phishing' scam or in can cost you. ... (more)

Bankruptcies surge in 2008, passing 1 million mark again -- Personal bankruptcies surged to more than 1 million filings in the United States in 2008 -- the most since a rewrite of bankruptcy laws took effect in 2005. ... (more)

Canceled debts will lead to IRS tax -- When collectors discharge old debts, they will report that to the IRS as income to you, leaving you with what could be a hefty tax bill. ... (more)

Unlawful Internet Gambling Act regulations finalized for credit card issuers -- New federal regulations take effect Jan. 19, 2009, that require credit card issuers to enforce a bewildering set of federal regulations aimed at stopping online gambling. ... (more)

Online gambling a multibillion dollar industry -- Internet gambling started around 1995 and has grown into a multibillion dollar industry. ... (more)

Suspect identity theft? How to check for, fix ID theft or fraud -- You can opt out of unwanted mail solicitations, but a sudden flurry could be a hint that new credit has been opened in your name. ... (more)

How to keep debt collectors at bay -- No matter what your circumstances, you have the legal right to ask collectors to stop harassment ... (more)

More Americans getting free FICO scores -- Fair Isaac inks deal to let credit union members see once-secret score at no charge. ... (more)

How to replace a lost or stolen gift card -- The reason so many of us love gift cards -- they're a lot like cash -- is also the reason they can be hard to replace when they're stolen or lost. However, there are steps you can take to reclaim that moolah. ... (more)

Round 2 for Credit Cardholders' Bill of Rights -- Two New York Congress members are reintroducing the Credit Cardholders' Bill of Rights. Will the second time around be a winner for credit card practices law? ... (more)

Your credit card is a tattletale: With electronic payments, little is private -- Credit card issuers have access to a wealth of information about where you shop, how much you spend and how often. Increasingly, they use that data to change your access to credit. ... (more)

Credit card statistics, industry facts, debt statistics -- Read recent credit card statistics, surveys and research from a variety of sources. This frequently updated compilation of credit card statistics is all sourced, making fact-checking and research easy. ... (more)

Financial steps to take when you're sinking in debt -- When you're behind on your mortgage and credit card bills, figuring out how to stay afloat may seem impossible, but there are drastic measure you can take to keep from sinking. ... (more)

Federal Reserve's November 2008 G.19 report on consumer spending -- Credit card balances plunged in November, as consumers strongly reined in their borrowing. ... (more)

Breaking news: Federal Reserve's November 2008 G.19 report on consumer spending -- Credit card balances shrank in November, as concern over banks' strict lending standards caused consumers to rein in their spending. ... (more)

Statute of limitation for credit card debt, all 50 states -- Creditors have a limited time in which to file suit over unpaid credit card debt. Here are the statutes of limitation for all 50 states, plus the District of Columbia. ... (more)

7 irrational credit card fears (and 7 REAL worries) -- Are you or someone you know afraid to use -- or even obtain -- plastic? Sure, credit cards come with a series of essential cautions, but overall they are safe and useful financial management tools. ... (more)

Best credit card stories of 2008 -- The year 2008 saw unprecedented change in the credit card industry, turning card debt from convenient friend into everyone's enemy. These are the top 10 stories that helped chronicle it. ... (more)

9 predictions for credit cards in 2009 -- This has been a tumultuous year for credit cardholders and issuers. What does 2009 hold? We'll take a look. ... (more)

Medical identity theft: what it is, how to prevent it -- Treat your health insurance card as you would a credit card or driver's license, because like the other forms of identification, great harm can be done if it falls in the wrong hands. ... (more)

The pros and cons of credit union credit cards -- Credit unions -- banks' nonprofit competitors -- can offer cards with low APRs and late fees and often beat banks in customer service surveys. But they aren't for everyone. ... (more)

Your future monthly credit card statement -- Federal regulators have asked credit card issuers to make monthly statements sent to millions of credit card users easier to understand. The deadline for the changes to take effect is July 1, 2010, although some issuers may roll out revamped statements sooner. ... (more)

Credit card marketer must repay customers $114 million -- The Federal Trade Commission has ended its suit against subprime credit card marketer CompuCredit Corp. with an agreement for the company to repay card users $114 million. ... (more)

How to manage credit card accounts until new rules kick in -- Even though regulators have approved tough new credit card rules, consumers still must watch out for tricks and traps of the credit card game. Here's a checklist of what to do. ... (more)

What the new credit card rules don't cover -- New credit card industry rules are the most significant in three decades, but they don't go far enough to protect consumers from credit card abuses, lawmakers and advocates say. Here's what's missing. ... (more)

Federal banking agencies finalize new credit card regulations to take effect starting July 2010 -- Federal regulators approved the most sweeping credit card industry reforms in nearly three decades, limiting interest rate hikes on existing credit card balances, giving cardholders a reasonable amount of time to pay bills and requiring better disclosure of key credit card terms. ... (more)

Credit union regulator approves new credit card rules -- New rules will fundamentally change the way credit cards operate, but won't take effect until July 1, 2010. Consumer advocates say that's too long to help families struggling with debt in today's economy. ... (more)

Thrift group approves new credit card rules -- One of three federal regulatory agencies approves sweeping new credit card rules. Fed and credit union group expected to follow suit. ... (more)

Understanding credit card minimum payments -- Your credit card's minimum-payment-due amount can be a mysteriously shifting figure that makes a significant impact on the monthly budget. We'll help you solve the riddle. ... (more)

Fed slashes benchmark interest rate to record low -- It was largely a symbolic move, but the Federal Reserve today cut a key short-term interest rate to its lowest level in history. Just don't expect it to have much impact on your credit card's APR. ... (more)

Fed cuts key interest rate to record low -- In what was largely a symbolic move, the Federal Reserve today cut interest rates to their lowest level in history. That decision is not expected to have much impact on annual percentage rates for credit cards. ... (more)

Consumers to get $150 million in Wachovia settlement -- Beginning Thursday, Wachovia Bank will mail out checks totaling over $150 million to more than 740,000 consumers. The payout stems from a settlement between the bank and the Office of the Comptroller of the Currency regarding acts committed by telemarketers that had relationships with Wachovia. ... (more)

Regulators will vote on new credit card rules -- The Federal Reserve Board will meet in Washington, D.C., this week to vote on sweeping new credit card industry regulations. ... (more)

FTC settles 'Tele-PHONEY' case against fee-harvesting credit card -- Florida-based company used fast-talking computerized voice to deceive consumers, federal agency alleges. ... (more)

Federal Reserve's October 2008 G.19 report on consumer spending -- Credit card balances shrank in October, as the tightening of credit by banks and limited consumer budgets made it more difficult for cardholders to put charges on their plastic. ... (more)

Breaking news: Federal Reserve's October 2008 G.19 report on consumer spending -- Credit card balances shrank in October, as the tightening of credit by banks made it more difficult for consumers to put charges on their plastic. ... (more)

When collectors come after you for ex's unpaid debt -- It's an all-too-common problem: Your ex defaults on credit card debt on a joint account, so collectors are coming after you. What are your options? ... (more)

If dear old dad steals your identity, turn him in -- When a parent commits identity fraud against a child, emotions can run high. But given the choice between protecting your parent or your good name, choose the latter. ... (more)

13 tips to protect yourself on Black Friday, Cyber Monday -- Black Friday and Cyber Monday aren't just big days for shoppers -- ID thieves look forward to them, too. We'll give you tips to make sure that your identity is safe and secure when you shop online or in the stores. ... (more)

$5.3 billion in stolen credit card info up for grabs -- Despite tough economic times on Wall Street, the economy of stolen credit cards and bank account information is booming. According to a report released Nov. 24 by Symantec, stolen credit card info with a potential value of $5.3 billion was available on web forums and chat ... (more)

Protecting your children from identity theft -- Since years can pass before their crime is detected, identity thieves increasingly target children. ... (more)

Step-by-step guide to checking your minor child's credit -- If there are indications your child's identity has been stolen, these steps will help you successfully contact the credit bureaus to check. ... (more)

Paying less than minimum won't ward off garnishment -- Paying less than the minimum amount won't ward off garnishment. It's best to contact creditors directly to work out a payment plan. ... (more)

Pros and cons of various sources of home down payments -- Down payments are once again a must to qualify for a mortgage. There are many sources, each with its own advantages and drawbacks. ... (more)

Fed: Delinquency rates edged downward in Q3 -- Credit card delinquencies were down and charge-offs up slightly during the third quarter of 2008, according to the latest banking industry figures released Tuesday by the Federal Reserve Board. ... (more)

Ruling: Prepaid stored-value cards qualify for $250,000 FDIC deposit insurance -- The FDIC has ruled that money held on prepaid or stored value cards can qualify for deposit insurance if banks set up the accounts. ... (more)

Behind on car lease payments: What to do? -- When facing repossession of your car for falling behind on lease payments, it's best to try to ask for more time rather than steal the car. ... (more)

Credit card debt forgiveness? Forget about it, OCC says -- The Office of the Comptroller of Currency issued a response to a proposal to forgive some borrowers' credit card debts. No way, OCC says. The plan was supported by the banking industry and consumer groups. ... (more)

Latest bailout beneficiary: Treasury wants to jump-start stalled credit card securities market -- U.S. Treasury Secretary Henry Paulson said regulators are considering a plan to boost investor confidence and help credit card asset-backed securities markets. ... (more)

Disabled vet seeks relief from credit card debt -- A disabled veteran living on a fixed government income is overcome by credit card debt and seeks a way out. ... (more)

Compare credit card rental car insurance coverage: Policies vary widely -- Credit card companies' policies vary sharply, so don't always be quick to turn down rental car agencies' optional coverage. ... (more)

September 2008 G.19 report from Federal Reserve on consumer spending -- Credit card use unexpectedly rose in September, as cardholders appeared to be increasingly reliant on plastic in the face of economic threats. ... (more)

How will the Obama administration affect your pocketbook? -- The 2008 election of Barack Obama as president was heralded by consumer advocates as harbinger for change. ... (more)

Credit card securities facing difficult times -- Securitized credit card debt portfolios of major card issuers are experiencing greater losses as economy slows and job losses increase. ... (more)

Authorized user piggybacking: When should the credit ride end? -- Young people who ride their parents' credit scoring coattails through 'piggybacking' eventually need to go out on their own credit paths -- but carefully, experts say. ... (more)

Sinowal trojan compromises 500,000 bank accounts -- The details of roughly 500,000 online financial accounts were stolen by malicious software deemed the "most pervasive and advanced pieces of crimeware ever created by fraudsters." ... (more)

Fed report: Banks tighten lending standards even more -- Lenders are sharply tightening standards, by cutting credit limits and increasing minimum payments and required scores. ... (more)

Steps to avoid wage garnishment -- Leaving the country to escape credit card debt doesn't guarantee that it will be gone if and when you come back. ... (more)

Consumer, lender groups join to ask Feds for credit card debt forgiveness -- Many consumers can no longer qualify for traditional debt reduction plans, two groups have asked to test a more generous debt-reduction plan. ... (more)

Consumers, credit bureaus grapple with 'thin file' credit score problem -- Thin is good -- unless it's your credit file. There it can be a problem, since lenders are wary of consumers who haven't already taken out loans. ... (more)

Money and credit lessons from the past -- Experts are telling us to pay off debt and stop charging. Here are some money management lessons from the past that can help break the credit card debt cycle. ... (more)

Fed cuts rates, but card issuers unlikely to follow suit -- The Federal Reserve lowered interest rates yet again, but most credit cardholders shouldn't expect much relief on their annual percentage rates. ... (more)

When family members use 'secret' credit cards -- Just who is responsible for the debt racked up by a spouse's secret credit card cache? 'Maturing Loans' columnist Klayman says it depends on several factors. ... (more)

How wage garnishment works -- and how to avoid it -- Ignoring outstanding credit card debt can take a bite out of your paycheck as judgments for wage garnishments can follow. ... (more)

Learn the ABCs of credit scores, credit scoring -- Credit scores are intriciate, but increasingly important for consumers to know about. We'll break down the credit scoring basics. ... (more)

PNC to acquire National City banking, credit card interests -- PNC Financial Services Group Inc. will acquire banking and credit card issuer National City in a deal to be finalized by year's end. ... (more)

Opting out of credit card affiliate marketing: 4 tips -- A law that went into effect Oct. 1, 2008, says businesses can't let its affiliates market to you without telling you first, and without giving you a simple way to opt out. ... (more)

FTC cracks down on 'credit repair' scammers -- The Federal Trade Commission today announced the forced closure of a number of businesses that targeted consumers with false claims of boosting their credit scores. ... (more)

New America Foundation paper seeks to avert next financial crisis -- A new paper offers ideas for regulating credit card industry practices. ... (more)

Debt collection goes virtual -- Companies are trying new ways to get delinquent borrowers to pay up. One firm recently launched a 'Virtual Collection Agent' that's being rolled out by several major issuers. ... (more)

Senate committee to address credit card, bankruptcy measures -- The U.S. Senate Banking Committee may review key credit card industry and bankruptcy reform measures during November 2008 hearings. ... (more)

5 things to know before you file for bankruptcy -- Bankruptcy experts, attorneys and consumer credit counselors offer advice to those thinking of filing for bankruptcy. ... (more)

Three years later, bankruptcy law fails to quash filings -- On the third anniversary of bankruptcy reform law, critics wonder how much bankruptcy filings will grow in economic downturn. ... (more)

Bankruptcy filings, state by state, 2005-2009 -- Interactive map shows rate of each state's bankruptcy filings, and how the pace fell off a cliff in 2005, then rebounded. ... (more)

Government workers sometimes abuse credit cards, p-cards -- A host of examples of credit card abuse by public employees shows that proper policies and regular scrutiny are needed to avoid draining public coffers and ruining public confidence. ... (more)

4 tips for negotiating for better credit card terms -- Know your own value, do your research and you'll come out ahead in negotiations with your credit card issuer. ... (more)

Advocates for the blind take aim at touch-screen terminals -- For the blind, it's tough enough already to tell a $5 bill from a $20. New payment technologies such as touch-screen point of sale terminals now pose new challenges. ... (more)

In an emergency move, the Fed cut a key interest rate by half a point -- Not waiting until its regularly scheduled meeting, the Fed cut a key U.S. interest rate by half a point in order to try to stave off the worst financial crisis since the Depression. ... (more)

August 2008 G.19 report from Federal Reserve on consumer spending -- The Federal Reserve's G.19 report, a key measure of consumer spending, showed consumers slowed their spending for the first time in a decade. ... (more)

Changing your name on credit cards after marriage -- Marriage brings plenty of change, and for many women (and a few men), the first one is your name. Tips for how to change your name on your credit cards. ... (more)

Auditor will review 650,000 Cap One credit card accounts to ensure money is returned -- Capital One must repay $340,000 to credit card users because the company collected old debts that had been discharged in Chapter 13 bankruptcy. ... (more)

Wachovia-Wells Fargo merger announced -- Four days after Citi announced a government-backed purchase of some Wachovia Bank assets, Wells Fargo Bank has announced a deal to merge with Wachovia. ... (more)

Plastic and terror: Study describes how terrorists use credit cards -- Terrorists are increasingly turning to credit cards, according to a study written by an expert on terror financing. ... (more)

What credit card users need to know to survive the 2008 credit crunch -- Experts advise credit card users to pay down credit card debt and wean themselves off of credit card spending. ... (more)

US credit cards outdated, less useful abroad, as 'chip and PIN' cards catch on -- Sure, you can swipe to heart's content here in the United States. But bring that mag-stripe card to Europe and chances are it won't work as the credit card technology there is years ahead. ... (more)

Citi acquires Wachovia -- FDIC and the Federal Reserve back Citi's purchase of Wachovia Bank's retail banking assets. ... (more)

As private college loans dry up, students may turn to credit cards -- Students facing a 'perfect storm' of tight job market and fewer available loans may have to turn to credit cards to fund their studies. ... (more)

WaMu is largest bank failure ever -- JP Morgan Chase says people with WaMu credit cards and ATM cards should continue to use them and pay their bills on time to the same payment addresses. ... (more)

False debt reduction claims unfair, deceptive -- The Federal Trade Commission has reached a settlement with four companies for allegedly claiming they could reduce consumers' debts by up to 60 percent. ... (more)

Deadline passed for free TransUnion credit monitoring -- Sept. 24 was the final day for members of the public to sign up for free credit monitoring. ... (more)

Pro-consumer credit card bill passes in U.S. House vote -- The U.S. House of Representatives voted 312-112 to pass a controversial bill that would give credit card users more consumer protections. ... (more)

Key vote on Credit Cardholders' Bill of Rights comes today -- The full U.S. House of Representatives is expected to consider the Credit Cardholders' Bill of Rights bill today. ... (more)

Despite early controversy, payment cards for immigrants continue to roll out -- Issuing credit cards that didn't require Social Security numbers sparked controversy in 2007. In 2008, banks go after immigrants' business with reloadable prepaid cards instead. ... (more)

Job losses pushing up credit card debt delinquencies -- The American Bankers Association's Economic Advisory Committee predicts a mild recession during the closing months of 2008; job losses are fueling credit card debt delinquencies. ... (more)

Compare today's 0 percent balance transfer offers -- Comparison chart shows that 0 percent introductory periods are shorter, fees tougher to dodge. ... (more)

Are 0 percent APR balance transfer credit cards doomed? -- Consumers' mailboxes used to be flooded with offers for balance transfer credit cards with lengthy introductory interest periods of 0 percent. Not anymore. ... (more)

Australian credit cards and statistics -- Our ongoing series heads Down Under for a look at credit card use and credit card statistics in Australia. ... (more)

Federal Reserve leaves key interest rate unchanged -- Despite recent stock market weakness and trouble in the financial sector, the Federal Reserve left a key short-term interest rate unchanged Tuesday. ... (more)

10 questions to ask about layaway plans -- Looking to layaway? Here are 10 questions to ask that will help you find a good layaway plan -- and avoid those that should be thrown away. ... (more)

Electronic voting by ATM idea hasn't caught hold -- After 2000s contentious election fades into the chaddy past, so does the call to use the banking system's ATM networks as voting machines. ... (more)

Prepaid cards need safeguards against bank failures, groups say -- A coalition of consumer groups is asking for emergency provisions to protect funds held on prepaid debit cards. ... (more)

Should you sign your credit card or write 'See ID' on it -- Writing 'See ID' in lieu of a signature is supposed to make a credit card invalid, but the reality is different. ... (more)

Court orders halt to Texas couple's credit repair operations -- The Federal Trade Commission has filed a complaint against a Texas couple for falsely claiming to repair credit records. ... (more)

Witnesses call for federal legislation at Senate hearing on prepaid calling cards -- Got a minute? Too many prepaid cards don't deliver the ones they promise, witnesses told a U.S. Senate committee. ... (more)

FTC wins suit against debt management company -- AmeriDebt Inc. and DebtWorks Inc. allegedly scammed consumers by claiming to be nonprofit organizations and keeping money that should have gone to pay off consumers' debts. ... (more)

What is debt reaffirmation? -- Reaffirming a loan can be necessary, but too many consumers say debt collectors tricked them into doing it accidentally. ... (more)

6 bad reasons debtors reaffirm debt -- Emotions, lack of knowledge and even deception can play a role in a debtor's decision to reaffirm a debt. ... (more)

9 questions to ask before you reaffirm an old debt -- You need facts to decide whether to reaffirm a debt. These questions will ferret them out. ... (more)

5 steps to avoid identity theft at the register -- Here are some steps you can take to make sure that you aren't victimized by credit card fraud when using your card in person at a retailer. ... (more)

Identity theft sample letters -- If you've been a victim, this step-by-step guide and set of printable letters can help retrieve your name. ... (more)

Credit card scam: credit card shaving -- Forget high-tech hacking. This credit card scam relies more on X-Acto knives and glue sticks than wi-fi and laptops but can help criminals steal your money just the same. ... (more)

It's fraud when an ex opens credit cards in your name -- It's theft when an ex uses your Social Security number to open credit cards in your name, and should be reported to the police and credit bureaus. ... (more)

Opting out of a credit card rate increase? Keep records! -- When opting out of a credit card interest rate increase, it is critical to keep copies of your letter and mail receipt in case the issuer decides to up the rate again. ... (more)

Protect your computer -- and your identity -- on campus -- Students heading to college need to take precautions to protect their computers and the sensitive information they contain. ... (more)

10 ways students can protect against identity theft -- Campuses are often a young adult's first step away from the safety of home, so they need to raise their technological guard. ... (more)

Tinsel meets plastic: Top 10 Hollywood credit card movies -- Plastic plays a key role in these films -- and teaches money lessons, too. ... (more)

Taking Charge poll: Nearly 3 of 4 Americans favor government regulation of credit cards -- The second annual CreditCards.com 'Taking Charge' survey says Americans mistrust but need credit cards. ... (more)

Tips for uncovering, dealing with hidden credit card debt -- If you find a loved one has hidden debt, you could scream, fight or even ask for a divorce. Experts, however, say there are better choices. ... (more)

Surprise! Unexpected items can appear on a credit report -- Hoping to keep your credit score up? You’ll not only want to stay current with your credit card bills, mortgage payments and student loans -- you may also need to pay any outstanding library fines. ... (more)

Buying investments with credit cards? It's unavailable, and unwise -- Laws and regulations exist that determine and limit how much you can use borrowed funds (including credit cards) to purchase investments. ... (more)

Fed leaves rates unchanged; card rates to stay put -- The Federal Reserve, as expected, left a key interest rate unchanged. ... (more)

Steps to take when collectors violate your rights -- As a credit card account authorized user, you have no financial responsibility for this account, and the bank knows it. That doesn’t stop unscrupulous companies from trying to collect, however. ... (more)

Key Congressional committee passes Credit Cardholders' Bill of Rights -- The House Financial Services Committee voted along party lines to pass a bill to rein in the credit card industry. ... (more)

What to do when a family member forges credit card applications in your name -- When a family member forges your name on credit card applications, you have two choices: Pay the bill or prosecute, says Maturing Loans columnist Alan Klayman. ... (more)

Lending crisis leads to cutting credit limits, hurting consumers' scores -- Cowed by the lending crisis, card issuers are quick to cut credit limits, an act that lowers the ratio of used to available credit, which hurts credit scores. ... (more)

Understanding the Servicemembers' Civil Relief Act -- a law that eases debt burden for active military -- The Servicemembers' Civil Relief Act -- born in 1940 as the Sailors' and Soldiers' Civil Relief Act -- aims to ease the debt burden for those called to actively serve. ... (more)

Stepping up for America's military men and women -- While federal law guarantees some debt relief for soldiers, many top credit card issuers ease the burden of debt for active military by offering protections significantly beyond what the law requires. ... (more)

What happens to credit card debt if a bank fails? -- If a card-issuing bank were to fail, consumers would still owe the money and have to pay it -- but to someone else. Terms might change, too. ... (more)

When is a debt too old for collection? -- Saddled with an 8-year-old credit card debt, a senior citizen living on just Social Security wants to know what her rights are. ... (more)

Proposed credit card rule changes draw massive public comment -- Consumers have turned out in force to support proposed Fed rules reining in the practices of credit card issuers. ... (more)

Foreign transaction fees and rules for the top credit card issuers -- Here are the foreign transaction fees, also known as currency conversion fees, charged by top American credit card issuers to consumers who travel abroad. ... (more)

How to dispute a credit card bill with a merchant -- Dissatisfied with a merchant's product or service? If you do it right, your credit card issuer may step in to help. ... (more)

Fed's G.19 report shows credit card use rebounded in May -- The Fed's latest G19 data shows revolving credit (of which about 98 percent is comprised of credit card debt) edged upward/downward in May 2008. ... (more)

To detect fraud, credit card issuers monitor all your purchases -- Credit card company fraud departments monitor their cardholders purchases to detect unusual patterns or purchases. ... (more)

Credit repair good guys: How to find legitimate reselling and rescoring firms -- Credit repair firms say they can boost your credit score, but it's credit resellers who do the job for less hype, less money and less mystery. ... (more)

Adulthood, legal rights and credit cards: Turning 18 with a credit card -- At 18, young adults can apply for credit. Can you -- or your teenage son or daughter -- handle it? ... (more)

When a family member steals your identity -- Here are the steps you can take when a family member steals your identity to open credit accounts in your name. ... (more)

Evils of 'fee harvesting' credit cards known for a long time -- Consumers should beware of cards that charge upfront fees and carry low limits. ... (more)

5 sneaky credit card tricks -- and how to beat the bank -- Just like Three-Card Monte, these tricks can clean out your wallet faster than you can pick a card, any card. ... (more)

Charging up a storm before filing bankruptcy is considered fraud -- Thinking of loading up your credit cards before you file bankruptcy is considered fraud. ... (more)

Consumers could see refunds from $200 million for 'fee harvesting' credit cards -- Federal regulators are seeking $200 million in restitution for consumers from a major credit card marketer and two banks for how they marketed and issued subprime credit cards. ... (more)

Credit card issuance a matter of black and white? -- Do all Americans really have equal access to credit cards or are some groups more likely to be granted credit than others? A study found where you live may play a key role in whether you're granted a credit card. ... (more)

9 tips for dividing credit card debt -- Got credit card debt? Going through a divorce? These steps will help you cope -- and not get stuck with your ex's tab. ... (more)

Credit cards and terrorism: How terrorists use cards -- Interviews with terrorism experts and readings of case studies from around the world reveal that the credit cards have become a favored tool of terrorists. ... (more)

Cashless campus 2.0: Student IDs evolve into multiuse payment systems -- Today's student ID cards open doors to dorms and labs, earn discounts with local merchants, sub-in for loose change at vending and copy machines, and even help with the laundry. ... (more)

Free credit report and notice of potential interest rate hikes could be required in proposed new rules -- New proposed rules would require credit card issuers to send notices and provide free credit reports when consumers are subject to interest rate hikes based on credit reports. ... (more)

Vacation, travel plans: Charge to credit card, easier to recoup losses -- Recouping your money if your trip is canceled is much easier with credit cards than if you paid with cash or by check. ... (more)

Fed backs rules to curb deceptive credit card practices -- Federal banking regulators are taking unusual steps to protect consumers from unfair and deceptive trade practices in the credit card industry. ... (more)

Fed cuts rates; will your credit card bill fall, too? -- The Federal Reserve's rate-setting committee, in an effort to rejuvenate the economy, trimmed a key short-term interest rate Wednesday, this time by one-quarter of a percentage point. ... (more)

Credit card securities may be in for rough times ahead -- Securitized credit card receivables -- the fuel that drives credit card issuance for major banks -- may falter as credit card defaults rise. ... (more)

How credit card securities work -- Major credit card banks sell millions of accounts to special trusts that issue bonds repaid with monthly credit card payments from account holders. ... (more)

Credit issuers becoming less willing to cut deals with debtors -- Credit counseling agencies could once negotiate lower interest rates on behalf of debt-ridden clients. But credit card issuers are no longer willing to be as forgiving. ... (more)

Environment survey: Americans not so eco-friendly with credit cards -- Americans may well be more environmentally conscious these days, but not if it means making major changes in how they use their credit cards, a CreditCards.com national survey shows. ... (more)

6 tips for dealing with binding mandatory credit card arbitration -- You're probably stuck with binding mandatory credit card arbitration. But these tips will help you cope. ... (more)

Credit card arbitration: What it is, how it works -- If you have a credit card, it's likely you've given up your right to sue if a dispute arises. Most card companies impose mandatory arbitration. ... (more)

Being 'green' with credit cards -- Opting out of paper credit card statements is one way to protect the planet for Earth Day. ... (more)

A 'green' snapshot: How some U.S. banks are making environmental eco-friendly moves -- A 'green' snapshot: How some U.S. banks are making environmental eco-friendly moves. ... (more)

How to handle collection calls for a dead person's debt -- After a death, creditors may come calling. Here's what to say. ... (more)

What happens to credit card debt after death -- When someone dies with credit card debt, state laws and the original contract terms dictate who owes, and what must be paid. ... (more)

Credit card spending slows -- U.S. consumers slowed their credit card spending in February, according to the latest Federal Reserve release on consumer credit. ... (more)

Deep in debt? You may be able to cut a better settlement deal -- A recent drop in prices that debt buyers pay for bad credit card debts may give consumers negotiating settlements more room to negotiate. ... (more)

4 ways to safeguard personal information online -- As Internet criminals grow smarter and sneakier, it's increasingly difficult to keep your credit card and personal information safe. Here are four fundamental tips. ... (more)

Trying to thwart recession, Fed cuts rates by 0.75% -- The Federal Reserve, as expected, slashed a key interest rate, but whether that cut will be passed along to individual cardholders depends on the bank, the card agreement and the credit standing of the consumer. ... (more)

Don't let a disability ruin your credit -- An unexpected illness or injury can send you into debt and sink your credit rating faster than you can say, 'I need disability.' ... (more)

Credit card thieves 'skimming' pay-at-the-pump gasoline buyers -- As if the high cost of gas wasn't enough, credit and debit card users who pay at the pump have to face a new way to be gouged at the pump: skimmers. ... (more)

Obama, Clinton offer credit card reform plans -- Presidential hopefuls Hillary Clinton and Barack Obama are courting voters with reform policies to tackle predatory credit card industry practices. McCain? Not so much. ... (more)

Recession-proof your credit and finances -- Economic downturn. Temporary slump. Whatever you want to call it, you need to be prepared financially for economic ups and downs. ... (more)

Poll: Half of America won't spend their 'stimulus' rebate -- The president wants us to spend it, but most say saving and paying off debt are higher priorities for their economic stimulus rebate checks. ... (more)

Buying pirated music with credit cards: potentially risky -- Those who use their credit cards to buy songs from controversial Russian-based Web sites may be engaging in international piracy. ... (more)

Despite lingering online fears, virtual credit cards stall -- Although the paranoia that spawned them and the hoopla that accompanied their birth have died down, virtual credit cards are still available for those who want extra assurance. ... (more)

Forgiven credit card debt is often taxable: 1099-C forms follow debt resolution -- Tax attorneys and consumer advocates say many consumers aren't aware that forgiven credit card debt may be taxable income on a 1099-C form. ... (more)

Card issuers' bad earnings reshape credit card offers -- The awful annual results reported by credit card issuers may not be felt only by shareholders. They have begun to cause pain to some credit cardholders, as well. ... (more)

Consumer credit woes mean boom in debt collection -- If you've never been contacted by a debt collector before, chances are growing you will. Collection activity has increased sharply as the economy swoons, and it's more important than ever for consumers to know their rights. ... (more)

Q&A: Credit counselor urges consumer education -- Too few people know about or talk about debt, says the head of one of the major counseling accrediting agencies. ... (more)

Visa sets IPO date -- Visa announced details of its impending IPO stock sale, and it's a doozie: Even at the low end of its projected price, it would by far become the largest initial public offering in U.S. history. ... (more)

Keeping up credit while in jail may not be possible -- It's noble to want to help a jailed friend keep up his credit score while serving time, but unless you want to pay his bills, some things just aren't possible, says The Credit Guy. ... (more)

Tips for immigrants building a U.S. credit history -- America lures many who dream of living better. But when immigrants arrive, their credit histories rarely make the trip. ... (more)

10 wacky ways to spend 'stimulus' money -- Anyone can be responsible with the windfall from the economic stimulus package. But can you creatively blow the money? We could. Here are 10 ideas. ... (more)

10 wise ways to spend 'stimulus' money -- Here's 10 suggestions from experts for smart ways to spend the windfall from Uncle Sam's economic stimulus package. ... (more)

Americans say they'll take rebate money and pay off debt -- The economic stimulus windfall is on its way and Americans tell pollsters they'll use it pay off debt. Yeah. Sure. ... (more)

Banks may cut slack for tornado victims -- After dozens of tornadoes whipped through the South, killing at least 57 people, the federal government, banks and credit card issuers offer relief. ... (more)

Health care credit cards rise to fill insurance gap -- As the ranks of the uninsured soar and medical costs rise for those with insurance, a new generation of health care cards is emerging on the market, but not everyone is cheering their arrival. ... (more)

CreditCards.com poll results: Credit and health care costs -- A CreditCards.com poll finds a majority of Americans realize that inability to pay their share of health care costs has the potential to wipe them out financially. ... (more)

How to opt out of credit card rate increases -- If you've been notified that your interest rate is going to jump, you may be able to pay your credit card off at the old rate, but you lose use of the card. ... (more)

Fed rate cuts and your credit card -- The Federal Reserve's rate-setting committee, trying to give a flagging economy an adrenaline boost, again lowered a key short-term interest rate Wednesday. ... (more)

How young is too young for credit cards? -- Preparation for wise credit card use should begin early to help children avoid trouble when they can legally apply for cards at 18. ... (more)

Bankers, poker players oppose Feds' online gaming rules -- The legality of online gambling has long been debated by U.S. officials, but the latest regulation efforts have tried to shut down the money conduit -- payments systems that enable online bets. ... (more)

Disclosures would increase on subprime credit card fees -- Subprime cards carry upfront fees that the Federal Reserve board contends are not clearly disclosed to customers. ... (more)

Regulation Z proposed changes for minimum payments -- Credit card companies and credit issuers would have to tell account holders how long it would take to repay loans if they make minimum payments. ... (more)

Regulation Z amendments would require changes in credit card terms -- Regulation Z amendments would require changes in credit card terms to be displayed in a table for easy reading. ... (more)

Rules for credit card periodic statement disclosures -- Under proposed federal rule changes, monthly credit card statements would include tables to clearly disclose fees, interest, purchases and other details. ... (more)

Credit card reform: The fine print of proposed changes to Regulation Z -- Regulation Z requires creditors to disclose all costs and terms before a new credit card's first use. However, according to the board, "Currently, there are few ... (more)

Regulation Z rules proposed for credit card fee disclosures -- Credit card companies would have to clearly disclose fees charged to credit cardholders. ... (more)

Regulation Z would require credit card APR disclosure rules -- Regulation Z would require credit card companies to clearly disclose APRs. ... (more)

Regulation amendments propose fixed rate credit cards -- Fixed credit card rates would actually be fixed under Regulation Z amendments. ... (more)

Reg Z proposes credit card notice of term changes to 45 days -- Changes in terms of credit card contracts would need 45 days' advance notice. ... (more)

'Regulation Z' overhaul to change credit card fine print rules -- The Federal Reserve Board has proposed the most sweeping changes in nearly 30 years to credit card disclosure rules, known as Regulation Z. ... (more)

Regulation Z: Feds move to change credit card rules -- The Federal Reserve Board is likely to decide on final credit card disclosure rules in 2008. ... (more)

How the public feels about Regulation Z proposed changes to credit card disclosure rules -- Comments from consumers, credit grantors, payment processors and others on proposed changes to credit card disclosure rules ... (more)

The history of credit cards -- A history of credit cards, including the first general use credit card and the first charge card. ... (more)

The short, unhappy life of a credit card -- On average, a card lasts must three years before delamination, degaussing or (ulp!) scissors, so CreditCards.com asked one credit card to reminisce about its short unhappy life. ... (more)

Identity theft: Credit card dangers lurk on smaller Web sites -- Credit card dangers, such as identity theft, can pose a greater threat on smaller Web sites. ... (more)

Anatomy of a credit card -- Ever wonder what all those numbers mean, or what's on that black stripe? Find out here. ... (more)

Consumer rights for credit and debit cards -- U.S. Central Bank interest rates have been raised on variable-rate credit cards and home equity lines of credit. ... (more)

Credit card industry: The Senate weighs in -- Is the credit card industry heading toward the same debacle as the subprime mortgage industry? If unfair and deceptive trade practices continue -- and more ... (more)

Feds propose new right for consumers in credit disputes -- It will become a bit easier for consumers to dispute changes in their credit reports directly with banks or companies, according to a newly published federal regulation. ... (more)

Time's running out to claim currency conversion fee refund -- Consumers need to act fast in order to claim their share of a court-ordered multimillion dollar settlement with credit card giants over poorly disclosed fees on foreign transactions. ... (more)

CreditCards.com survey of leading gift card providers -- CreditCards.com surveyed leading gift card providers to compare popular gift cards. ... (more)

Moving abroad? Your credit history in the U.S. won't follow -- No matter how good your credit in the U.S., if you need to establish credit in a foreign country, expect to start over. ... (more)

Credit card fraud monitoring can halt legitimate purchases -- While no one disputes the good that comes from preventing fraudulent transactions, overactive anti-fraud programs can prevent cardholders' legitimate transactions. ... (more)

Credit card fraud and online shopping -- Learn the credit card fraud dangers of online shopping and how to avoid them. ... (more)

Credit freezes go national, get chilly welcome -- All three major credit bureaus have rolled out credit freezes as an identity theft fighting tool, but consumer rights groups say the changes don't go far enough. ... (more)

Disaster preparedness: Using credit cards wisely during catastrophes -- These 9 questions and answers will help you use credit and credit cards wisely in a catastrophe. ... (more)

Cardholders in Wildfire Stricken CA Aided by Banks -- Banks are working with victims of the California wildfires. Learn how at CreditCards.com. ... (more)

Pre-disaster financial preparedness checklist -- If there's an disaster, you have to react quickly to make sure your important financial records remain safe. This checklist will show you how. ... (more)

Details of credit freeze laws in all 50 states -- Most states have passed credit freeze laws to combat identity theft and fraud. Here are the details for each state. ... (more)

Establishing credit for your children -- The demise of so-called 'piggybacking' has closed one avenue to getting kids a credit head start, but there are others. ... (more)

Bail yourself out of jail -- with a credit card -- The difference between spending a night in jail and getting out on bail may depend on whether your wallet contains a credit card. ... (more)

CreditCards.com editorial corrections policy -- CreditCards.com strives to publish accurate information. If you believe we have published something in error or wish to comment on an article, please e-mail us at editors@CreditCards.com. ... (more)

Interest rate cut won't reach credit card rates (Aug 2007) -- Federal interest rate cut may not affect the federal funds rate for some time. (Aug 2007) ... (more)

Prepaid Credit Card Company: EDP gets blocked by FTC -- The FTC has blocked prepaid credit card company EDP after complaints of unauthorized withdrawals. ... (more)

National Consumer Law Center report advises credit card industry changes -- A National Consumer Law Center report contends the credit card industry pushes consumers to borrow beyond their means, and recommends new regulations. ... (more)

Thieves use charitable donations to enable credit card scams -- Crooks who want to see whether stolen card numbers are valid use charitable donations to check. ... (more)

Travel credit card insurance concerns finds American Express in legal battle -- American Express could face a class action suit on charges it billed cardholders for travel insurance unnecessarily. ... (more)

Higher gas prices bump pump limits -- Higher gas prices have credit card users bumping up against limits on pay-at-the-pump charge amounts. ... (more)

Major credit cards may deny purchase of lottery tickets -- Can you buy lottery tickets with your credit card? Perhaps not, as reported by CreditCards.com. ... (more)

Canadian gets 11 years for bad credit credit card scam -- A Canadian man was sentenced to 11 years in jail for a scam that fraudulently promised bad credit credit cards to U.S. consumers. ... (more)

Credit card companies might have a liability risk -- An article in the University of Illinois Law Review charges that a case of products liability could be leveled against credit cards. ... (more)

Credit card study shows Americans' feelings towards credit cards -- A new credit card study shows many people think credit cards are an easy way to fall into debt. ... (more)

What you need to know about your rights in credit reporting -- Consumers with bad credit should be aware of their rights when it comes to credit reporting. ... (more)

Credit Card Information: Federal Reserve proposes new guidelines for terms -- The Federal Reserve has proposed new rules that would require credit card issuers to communicate rates and fees through credit card disclosures more clearly. ... (more)

Predatory lending often targets consumers with bad credit or low incomes who may have fewer options when borrowing money -- Predatory lending involves unfair interest rates and fees and often targets consumers with bad credit or low incomes who may have fewer options when borrowing money. ... (more)

Hidden credit card 'currency conversion fees' for overseas purchases may be returned -- Hidden credit card 'currency conversion fees' may be returned -- if you file soon. ... (more)

Unemployed? Poor credit can leave you jobless -- Poor credit could affect whether you get hired for a job, since many employers look at applicants' credit reports. ... (more)

ABA says card industry responding to criticism -- The head of the American Bankers Association told lawmakers that the credit card industry is responding to criticism. ... (more)

Mastercard sponsorship of World Cup in question. -- Swiss panel influences Mastercard sponsorship battle over World Cup. Read more at CreditCards.com ... (more)

Pocket-sized devices enable credit card skimming -- Pocket-sized scanners allow crooks to skim credit card information when consumers hand over their plastic at stores, restaurants, and gas stations. ... (more)

Bank of America sued over "Keep the Change" program -- Bank of America is being sued for allegedly infringing on another company's patent with BofA's "Keep the Change" program for debit card purchases. ... (more)

Minimum credit card payments rise -- The increase in minimum monthly payments for credit cards issued by major banks has both positives and negatives for consumers. ... (more)

Identity Theft: Fraud targeting small businesses over the telephone -- Identity theft over the phone has merchants revealing shopper's credit card information. ... (more)

Beware of unsolicited First National 'credit cards' in the mail -- Consumers who activated what appeared to unsolicited credit cards from First National may have found out too late that these mailings instead contained merchant cards. ... (more)

Credit card privacy: Credit cards offer better fraud protection than debit cards -- Paying with a credit card offers greater fraud protection. Learn why they're safer than debit cards. ... (more)

Credit card security law holds retailers accountable in Minnesota -- Learn how a credit card security law holds retailers accountable for storing account numbers stolen for fraudulent purposes. ... (more)

Card issuers to pay $336 million for currency conversion fees -- Credit cardholders could get back the additional 2 percent in foreign transaction fees after major U.S. credit card issuers agreed to pay $336 million in claims for charging undisclosed currency conversion fees to Americans who used their credit cards and debit ... (more)

Financial literacy programs promote credit responsibility -- Lenders and universities are creating programs to help students avoid credit card debt by giving them the opportunity to gain financial literacy. ... (more)

Vishing: Credit card fraud that starts on the phone -- A type of credit card fraud called 'vishing' starts with fraudulent inquires about personal information over the phone. ... (more)

Learn how to avoid the latest credit card identity theft scam -- Learn how to avoid a possible identity theft scam. ... (more)

Your credit card may provide rental car damage coverage -- Your rental car may already be insured with credit card coverage. Learn more at CreditCards.com. ... (more)

Credit card issuers respond to Senate inquiry -- Credit card issuers Bank of America, Citi, and Chase responded to a U.S. Senate panel's tough look at their industry. ... (more)

Credit Card Offer: Pilot program doesn't require Social Security number -- A pilot credit card offer doesn't require Social Security numbers, fueling controversy over illegal immigration. ... (more)

Your credit card, Social Security numbers: Are they online? -- Are your credit card and Social Security numbers online somewhere? A new tool lets you find out. ... (more)

Citi Cards stops practice of universal default -- Does universal default affect you? Citi Cards stops universal default on its Citi-branded credit cards. ... (more)

Boston meters stop taking credit cards -- Boston discontinued credit card and debit card payments at its new parking meters, after city officials learned that their minimum purchase requirement of $2 with plastic violated Visa and MasterCard rules. ... (more)

Tax season is a popular time for mail thieves to steal W-2s from mailboxes -- Tax season is a popular time for mail thieves to steal W-2s, which can allow them to open credit card and other accounts in the victim's name. ... (more)

Senate considers credit card industry reforms -- Critics are focusing on credit card industry practices they believe are a danger to consumers, although Capital One and others have risen to the credit card industry's defense. ... (more)

Credit card lawsuit: Visa and MasterCard penalized over debit card fee -- Visa and Mastercard to pay government in a lawsuit settlement. ... (more)

Plan requires NYC taxis to accept credit, debit cards -- New York City Council is evaluating the costs and benefits of a new plan that would require city taxi drivers to accept payment by credit ... (more)

Steps to take to protect yourself from identity theft -- There are a number of steps credit card users can take to avoid becoming the victims of identity theft. ... (more)

Identity theft scam: Magazine inserts give identity thieves new opportunities -- Consumers need to be aware of the danger to their personal information from preprinted, preapproved credit card applications included in magazines and catalogs. ... (more)

Boston parking meters require minimum charge in violation of Visa, MasterCard rules -- Boston's new parking meters have a minimum charge requirement for payment cards, in violation of rules set by credit card associations Visa and MasterCard. ... (more)

Credit card rate: The connection with Federal Reserve rates -- Your credit card rate is closely tied to the Federal Reserve's targeted interest rate. ... (more)

Online gambling: Law bars processing credit card bets -- The Unlawful Internet Gambling Enforcement Act calls on credit card companies and banks to stop processing online gambling transactions. ... (more)

Visa, MasterCard take new steps to stop credit card fraud -- Visa and Mastercard are fining merchants with unsecured credit card transactions. Read more at CreditCards.com. ... (more)

Visa, MasterCard suspend credit card transactions on illegal music site -- Visa and Mastercard cancel credit transactions on illegal music sites. ... (more)

Visa blocked from helping to challenge MasterCard for World Cup sponsorship -- Visa sponsorship in question due to MasterCard and FIFA lawsuit. Read more at CreditCards.com. ... (more)

Credit card privacy concerns: Identity thieves can find your information -- Your credit card privacy may not be as secure from identity theft as you think. ... (more)

Credit Report Freeze Laws: Selecting who views your credit history -- Florida passes a law allowing consumers to freeze their credit report and limit who sees their credit report in an effort to reduce identity theft. (July 2006) ... (more)

Credit card spam charges involve smaller, less noticeable theft -- Credit card users need to look out for spam charges -- smaller unauthorized transactions which thieves hope to sneak by on credit card bills. ... (more)

Secure Credit Card - Companies unite to make your information safer -- Major credit card companies come together to help give consumers an even more secure credit card. ... (more)

Identity theft techniques and protection tips -- Learn the latest identity theft techniques in order to protect your finances. ... (more)

New $1 scam for credit cardholders -- Article alerting credit card holders to the danger of the new one dollar scam, which can be avoided by careful examination of credit card statements. ... (more)

Throwing away old computer? Beware unerased old online credit card data -- Throwing away your old computer? Ensure you remove valuable information left from online credit card transactions. ... (more)

New York governor vetoes bill to protect credit card debtors -- New York Gov. George Pataki vetoed a bill that aimed to protect consumers from having their credit card interest rates increased under so-called universal default -- which allows card issuers to boost APRs for failure to pay an unrelated bill on time. ... (more)

Credit card comparison: Consumers warned to read fine print -- With some work, you can understand and compare the fine print of credit card offers. ... (more)

Visa credit card company announces plans to restructure -- Visa credit card company will become a global corporation with public stock. Read more at CreditCards.com. ... (more)

Credit card digits: Understanding numbers on a credit card front and back -- American Express, MasterCard, Visa and Discover all have 16 numbers -- but all those numbers have different meanings ... (more)

Visa security keeps your identity safe when using credit cards -- Want a secure credit card? Find out how Visa Security keeps you safe. ... (more)

Top credit card companies show growth as consumer debt surges (2006) -- A rise in consumer debt has led to top credit card companies posting high second-quarter earnings (2006). ... (more)

Credit card debt information (2006-2007) -- Listing of facts and statistics related to the credit card industry and personal debt. ... (more)

Credit card receipt rules change: Is your card receipt safe? -- Laws attempt to keep credit card and debit card receipts safe from criminals looking to use account information, but consumers must also keep an eye on their card receipts. ... (more)

Identity theft: Phishing alerts issued by Chase, Bank of America -- While many banks have been victims of phishing, online fraudsters have recently used the technique to target Chase and Bank of America credit card and bank account customers. ... (more)

Online gambling: Credit cards could be banned as payment -- A bill was passed banning the use of credit cards for online bets. Does this affect you? ... (more)

Credit card fees hurt merchants and consumers -- Should Congress take control and manage credit card fees charged on every transaction? Retailers say yes. ... (more)

Fed increases interest rates -- The Federal Reserve increases interest rates on variable-rate credit cards and home equity lines of credit: June 2006. ... (more)

Federal Reserve interest rates increased in May 2006 -- The Federal Reserve has announced another interest hike while fighting inflation (May 2006). ... (more)

Tax refund: Use it to pay off credit card debt -- Learn how to use your tax refund to pay off credit card debt. ... (more)

No fee tax payment with MasterCard -- Learn how you can make a no fee tax payment with your MasterCard debit or credit card. ... (more)

Credit card minimum payments rise -- Credit card minimum payments are increasing. ... (more)

Bank of America to issue American Express credit cards -- Now that the Visa and MasterCard stranglehold has been broken over which bank can issue which card, Bank of America has announced its plans to issue American Express cards. ... (more)

American Express cards coming to a bank near you -- American Express is now able to issue cards through banks and partner with national retailers. ... (more)

Identity Protection Tips: What to do when your card is lost or stolen -- Losing a debit or credit card can have drastic repercussions. Learn what to do at CreditCards.com. ... (more)

Credit card phishing scam: How it works, how to prevent it -- What 'phishing' means and how consumers can prevent being a victim of the scam. ... (more)

Credit card skimming information and prevention -- Learn about credit card skimming and find out how you can protect yourself from fraud. ... (more)

Bankruptcy law updates close loopholes in repaying debt -- A new bankruptcy law update has closed loopholes that previously left people unaccountable for repaying all debt. ... (more)

How to opt out of junk mail, e-mail and telemarketing solicitations -- Read tips on how to cut down on the number of unnecessary credit card applications. ... (more)

Credit Card Terms: A glossary of commonly used words and terms. -- Understand commonly used words, phrases, and acronyms in the credit card industry with this credit cards glossary. ... (more)

Online credit card applications: FAQ about CreditCards.com and your card application -- If you're wondering whether it's safe or smart to apply for a credit card here at CreditCards.com, it's both. Here are answers to frequently asked questions. ... (more)