Living with credit (580) | New, interesting products (134) | Research, regulation, industry reports (278) | Rewards (48) | Protecting yourself (219) | The fine print (96) | Credit card miscellany (415) | Celebrity Money Watch (10)
You may have trouble getting your identity verified when you apply for health insurance through the online Federal Marketplace if there are errors on your credit report.
The government-run website Healthcare.gov uses identity-verification services provided by credit reporting agency Experian and, according to numerous reports, lots of people are having a hard time proving to the government-run site that they are who they say they are.
How much would you pay for a credit card once wielded by Farrah Fawcett, the platinum-maned bombshell best known as perky private eye Jill Munroe on TV's original "Charlie's Angels"?
Fawcett's American Express Platinum card is among a dozen or so personal items of the late actress-model-poster girl put up for auction Friday at Heritage Auctions in Dallas by her nephew, Greg Walls. The platinum girl's platinum card, signed in blue ink on the reverse, lists Fawcett as a member since 1978 with an expiration date of November 2010, 15 months after her death from cancer at age 62."That was probably her card at the time she died," Chuck Jennings told me upon hearing the news. The Carmel, Ind., lawyer and board member of the American Credit Card Collectors Association then passed the breaking news along in an email blast to the association's members. "That was probably her card at the time she died," Chuck Jennings told me upon hearing the news. The Carmel, Ind., lawyer and board member of the American Credit Card Collectors Association then passed the breaking news along in an email blast to the association's members.
Prices are falling for sensitive personal data, making identity thieves merry. But there are ways to thwart digital intruders, if you have cyber discipline.
The credit-shy millennial generation is having trouble paying its bills on time. A new report from the credit reporting agency Experian found that a substantial number of 20-something borrowers are lapsing on their bill payments - and it's showing in their credit scores.
The U.S., with its supposedly dynamic financial system, still takes days to complete noncash payments, lagging other parts of the world. The Federal Reserve is holding a nationwide brainstorming session for ways to complete payments in "near real-time," in order to keep up with a world that expects results at the tap of a smartphone key.
To help combat confusion over credit card rewards programs, the Consumer Financial Protection Bureau (CFPB) is zeroing in on the way rewards programs are marketed and may one day ask issuers to make their rewards programs easier to understand.
Guys, do you long for relief from years of sitting atop a leather-bound lump of credit cards?
Ladies, are you sick of fumbling through that plastic vault of Visas, these-as and those-as that you routinely slot and shove willy-nilly into your wallet and purse?
Behold the Coin: the card to literally end all cards.
You may want to take a closer look at your bank's fee schedule next year -- particularly if you're working with a smaller bank or lender.
Last week, the Wall Street Journal reported that small lenders, including regional banks and credit unions, are cautiously increasing the fees they charge on a variety of services in order to make up for lost revenue.
This month, Capital One introduced its SureSwipe mobile phone app that veers from the alphanumeric mainstream to enable users to log in based on pattern recognition. Instead of setting up a boring old password, SureSwipe users trace a pattern on a square, nine-point touch screen grid that becomes their pattern sign-in. You have to hit at least four of the nine points in sequence, and lame figures aren't allowed, for you Zorros out there.
If you need some help sorting out your personal finances, but can't yet afford a financial adviser, a new online tool called the FlexScore may help temporarily plug the gap.
Launched in October, the FlexScore is a free online tool that helps users figure out how well they're doing financially and learn about different steps they can take to shore up their personal finances.
Scratch another entry from the shrinking list of things credit cards can't buy following news out of Stockholm, Sweden that homeless curbside hawkers of the local pop culture magazine Situation Stockholm now accept plastic. No, the weather-tested vendors didn't stumble upon a cache of discarded Square dongles behind their local Best Buy. Instead, the hooked-up homeless were given iZettle mobile card readers by the magazine in an effort to boost sales of Situation Stockholm, which goes for 50 kronor or $8.
Free credit scores, the real ones that lenders use to keep tabs on you, are on the way to millions of U.S. credit card users. FICO, the owner of the most-used score, has launched a program that allows lenders who already buy the score to share the important three-digit number with you at no extra cost, and credit card issuers are jumping in.
Have you ever voluntarily handed over your credit card to someone else for them to use? I have, maybe you have too. Despite all the worries about credit card fraud, a new survey shows that handing over your card for someone else to use is a common practice, but I didn't realize how common until I surveyed CreditCards.com staffers.
If you're fresh out of college and saddled with student loan and credit card debt, pledging a portion of your future earnings to a group of backers in exchange for a clean slate may not seem like such a bad idea. A number of companies have cropped up in recent months promising to let you do just that.
Missed your electricity bill last month? You can rest easy, for now. Most utility companies don't report your payment data to the credit bureaus (unless, of course, you're seriously late on a bill and it has been turned over to a collections agency). However, that could change if a bipartisan group of congressmen get their way.
It was bad enough when hackers breached data brokers' digital warehouses with ID theft in mind. Now a data broker scandal shows how weak the protections are for consumers' identifying details.
Seeya swipe. That's what the folks who make Loop hope you'll say. Their new credit card substitute is a smartphone dongle that makes transactions from your favorite cards without having to make them physically contact a swipe machine.
The latest fiscal crisis -- which shut down the U.S. government for 16 days -- is finally over. But for many Americans, including me, it will be hard to get past the last several weeks of watching the country nearly tumble over a financial cliff (again).
In a move that may forever alter the meaning of "dialing for dollars," global financial services giant FIS will soon enable ATM users nationwide to call ahead for cash from their smartphones, no debit or credit card required.
The app turns your smartphone into a remote control for your nearest cash machine. If all goes as planned, the shortcut could shave your ATM cash withdrawal time from 30 to 40 seconds down to single digits and make it well-nigh impossible for ID thieves to swipe your account information.
America's existing credit card system -- embossed account numbers on the card face and the magnetic stripe on the reverse side -- is ready for retirement. But we have trouble getting rid of it, due to the immense cost of replacing obsolete payment terminals that date back to the Nixon administration. An alphabet soup of potential replacements -- NFC, EMV, chip and PIN -- have been trotted out. But a new process announced by a scientist in Great Britain promises to embed the data of both features directly into the card, obviating the need for holograms and other doodads.
Guess who's less likely to seriously default on a credit card: A 44-year-old who has been handling credit since before Ronald Reagan left office? Or a 19-year-old college student who wasn't even born until well into the Clinton administration?
Surprisingly, it's the college-age student, says a new study, calling into question the wisdom of the Credit CARD Act of 2009's restrictions on granting cards to the younger crowd.
States started out protecting essential survival items like an ox and a musket from debt collectors. These days, debtors need a basic car to drive to work, enough money for utility bills and a roof over their family's head. But the National Consumer Law Center says in a new report that state protections aren't strong enough for consumers to get back on their feet.
Researchers at Harvard University and the National Resources Defense Council estimate that up to 90 percent of Americans waste money -- and food -- by needlessly paying attention to "sell by" and "best before" dates on packaged products.
A glitch in the Affordable Care Act had threatened its availabilty to those who had no bank accounts. But a new ruling from federal regulators has cleared the hurdle.
What are the odds of getting a credit card if your credit score isn't so hot? And what about the size of your credit limit? The federal government's consumer financial watchdog unpacked some big data in a report out today, answering those questions and several others.
Short of residing in the big house or a padded room, you probably qualify for some form of wallet-borne borrowing -- and heck, maybe even at those addresses, too. Miss a monthly payment? You pay a little more next month, no big. Miss several? Maybe your credit score suffers, you'll survive. But even in the worst-case scenario, you can rest assured that your card issuer will never force you to become a "card mule" to pay off your debt. What's a card mule? I wondered the same thing as I scanned a news item out of Kuala Lumpur, Malaysia, where local loan sharks apparently have devised a way for deadbeats to repay their debt without endangering their kneecaps.
They're the pieces of plastic we love, and love to hate. Get the latest news, tips, research and more from the CreditCards.com staff.
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