I thought that pop up ads went the way of the dinosaurs. And even if they didn’t they were a relatively harmless, if simply annoying, cost of surfing the web. But it turns out that some consumers are paying for clicking on a pop up ad.
The Press of Atlantic City reported that credit card numbers [...]
One way to know that the odds of credit card reform are pretty good is to check out the title of a recent New York Times article: Credit Card Overhauls Seem Likely.
The article, which sums up the pressures on legislators and regulators for reform on the credit card industry, asks another important question for consumers: [...]
The Cleveland Plain Dealer noted in a recent article that consumers using their credit cards in Europe may need their four digit pin number in order to complete the transaction. And because of the different standards between the United States and Europe, it is possible that the use of a pin will cause the transaction [...]
The San Francisco Chronicle noted that credit card companies are sometimes taking the collection of credit card debt that is in arrears into their own hands. No longer waiting for consumers to bring the account up to date on their own because of the threat of a damaged credit report or litigation, the credit card [...]
While Congress is examining the practices of credit card marketing toward college students, they should be examining the actions of the universities as well.
The Consumer Warning Network noted that Florida State University is profiting from the marketing of credit cards to its students, alumni, and supporters through an exclusive relationship between its athletic fundraisers and [...]
A poll by CreditCards.com released recently found that Americans are more likely to talk about sex with someone that they have just met then they are too talk about credit card debt. Of the 1,000 individuals polled, 80% declared they were somewhat or highly unlikely to discuss credit card debt with someone that they [...]
There have been a number of stories in newspapers lately about the toughening consumer credit conditions. These articles noted anecdotal increases in interest rates and decreases in available credit among consumers. But in a recent Los Angeles Times article, a Washington Mutual employee seemed to say that concerns about tougher credit are overdone:
Anthony Vuoto, president [...]
The Los Angeles Times reported that a 30 point increase in an individual’s credit score could save that person an average of $105 a year - for a grand total of $28 billion in savings for all consumers.
It was a chaotic time on the stock market last week with rumors that Lehman Brothers would be the next investment bank to succumb to the credit crisis a la Bear Stearns, the closing of IndyMac, and the collapse of the stocks of mortgage giants Fannie Mae and Freddy Mac after the announcement that they [...]
Here’s an editorial published in the Houston Chronicle from Congressional supporters of credit card reform legislation titled Give Consumers Tools to Combat Credit Card Giants.
