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Western Union To Launch PrePaid Division

Western Union are aiming to increase their reach to over one million locations within the next few years and the key method they intend to use in order to achieve this is implementing a range of prepaid debit cards.

May 15, 2012 / 0 Comments / Read More


Poll Indicates 6 Million Have Secret Accounts

According to a recent survey, as many as 6 million American consumers currently have a financial account which they keep secret from their spouses, partners or significant others!

May 2, 2012 / 0 Comments / Read More


Experts Predict 2012 Credit Card Boom

According to a recent report from Moody’s Investors Services, experts are predicting a credit card boom in 2012 based on the November figures published by the six main credit card companies.

Dec 26, 2011 / 0 Comments / Read More


Survey Shows Credit Unions Satisfying Customers

Survey results released by the ACSI are indicating that credit unions scored an average of 87 on a 1 to 100 weighted scale, which is an 8.7 percent increase from the previous year.

Dec 20, 2011 / 0 Comments / Read More


Watchdog Logs 5000 Credit Card Complaints

In just 3 months, the brand new financial watchdog CFPB (Consumer Financial Protection Bureau) has fielded over 5,000 complaints from consumers with regards to credit cards.

Dec 1, 2011 / 0 Comments / Read More


Discover Publish Holiday Survey

A recent research project carried out by Discover Card shows that the majority of American consumers will be expecting to add a few dollars – equal to the cost of a box of chocolates or a fancy bath product – …

Nov 30, 2011 / 0 Comments / Read More


Businesses Seek Alternatives To Bank Loans

In the current financial climate, bank loans are difficult to secure and as a result, many business owners are starting to use similar tactics to those being used by consumers across the country by putting off non-priority expenses and reducing …

Nov 29, 2011 / 0 Comments / Read More


Credit Unions See Record New Members On Bank Transfer Day

On November 5 large numbers of American consumers got up and went to the bank. However, they were not making the usual transactions such as depositing money or paying bills.

Nov 21, 2011 / 0 Comments / Read More


Report Highlights No Exam Life Insurance Cover

A report released earlier this month detailed how many American consumers do not get quotations for life insurance because they are afraid that they will probably fail the medical exam which is usually required by insurance providers before a …

Nov 8, 2011 / 0 Comments / Read More


Consumer Studies Indicate Savvy Holiday Shoppers

New consumer studies have indicated that American consumers will be spending the same amount of money on presents for friends and family this holiday season as they did last year, but they will be relying heavily on retail sales and …

Nov 3, 2011 / 0 Comments / Read More


Consumers Are Unaware Of The Debt They Carry

A new study carried out by the New York Federal Reserve Bank claims that American consumers are on the whole fairly ignorant about how much debt they are actually carrying.

Oct 28, 2011 / 0 Comments / Read More


Most Consumers Do Not Understand Credit Scoring

It might be hard to believe, but according to a recent survey carried out by Visa most American consumers do not understand their credit score and have little or no grasp on which factors credit rating agencies consider when determining …

Oct 20, 2011 / 0 Comments / Read More


Capital One’s Purchase of ING Direct Delayed

Capital One’s proposed acquisition of ING Direct is pending approval by the Federal Reserve, if the deal, worth $9.2 billion, is approved Capital One will become the fifth largest bank by deposits in the United States.

Sep 12, 2011 / 0 Comments / Read More


American Banking Security Inferior to Rest of World

In an age where there are so many hoaxes and identity theft scams are flooding the internet, many of us have been conditioned to be highly suspicious of any emails, facebook messages or direct tweets which request any sort of …

Sep 5, 2011 / 0 Comments / Read More


Credit Card Delinquencies At Lowest Since 2007

A new report from Experian highlights that on time credit card payments have improved in 30 metropolitan statistical areas (MSAs) putting credit card delinquencies at their lowest since 2007.

Sep 2, 2011 / 0 Comments / Read More




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