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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!
Platinum Trust Card Not To Be Trusted Says FTC
According to a recently published article, Jeff Gelles, told the tale of the kind that can cause great consternation to many people.
Orman Launches New Prepayment Card
Suze Orman the personal finance personality is wasting no time in getting aboard the bandwagon when it comes to pre-payment debit cards.
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.
Tips For Safer Online Shopping
Consumers have been amazed to learn that cyber crime now affects more people per hour than the number of babies born!
What Bothers Consumers Most About Credit Cards
The CFPB (Consumer Financial Protection Bureau) has now been open for approximately 5 months, as has their contact center for consumer complaints about credit card issuers.
FTC Shut Down Bad Customer Scam
The Federal Trade Commission (FTC) has put an end to a $275 million credit card scam which affected around five million bank customers and card holders over the past four years.
Debt Can Boost Self Esteem In Young Adults
A new study shows that despite popular assumption, credit card debts and student loans do not make young adults anxious about their financial situation. Instead, debt can actually boost self esteem and make young people feel more in control of …
MasterCard PriceAssure Gives Travelers Best Deals
MasterCard is now offering travelers a huge incentive to use a MasterCard when purchasing airline tickets thanks to the launch of their new price assurance program.
Senator Durbin Open Letter on Interchange Fees
The debit card swipe fees debate heated up even more this past week when Senator Dick Durbin published an open letter to Jamie Dimon, the CEO of Chase.
Bank of America Fee Initiative Test Going Well
A recently launched initiative to realign fees charged on checking accounts and other accounts held at Bank of America has been successfully piloted in Arizona and two other states.
Bank Dividend Decision On The Cards
The Federal Reserve is expected to make a decision in the next few weeks approving dividend increases for major banks. Nineteen major United States banks were asked in January to provide the Federal Reserve with detailed capital plans and also …
Urban Trust Bank Offers $100 Account Bonus
Urban Trust Bank is currently offering a $100 bonus to new customers opening a consumer checking account, establishing direct deposit, and completing 5 debit card transactions per month for three months. The offer is available only for a very limited …
Amex May Face Up To $500 Million in Legal Losses
American Express announced last week via annual report that it may be facing up to an additional $500 million in losses on top of what they already expected to pay out as a result of lawsuits and government inquiries.
The CARD Act: One Year Later
Consumer watchdogs say that one year after the implementation of the credit CARD Act, credit cards have improved and American consumers are better off. February 22, 2011 marked the one year anniversary of the major consumer protections of the Credit …
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