About Lynn Oldshue

Lynn Oldshue has written personal finance stories for LowCards.com for twelve years. She majored in public relations at Mississippi State University.

LowCards.com Weekly Credit Card Update–September 19, 2014

Millions of Americans' Wages Seized over Credit Card and Medical Debt Millions of Americans are still grappling with debt they've accumulated since the recession hit. And new numbers out show many are having a tougher time than you might think. … Continue reading

More Women Are Taking Control of Personal Finance Decisions

There has been a significant shift in women and their involvement with their personal finances and investments during this past generation, according to a recent survey from Ameriprise Financial. The survey included women between the ages of 25 and 70 … Continue reading

Flipping Money Scam Steals Money through Social Media

Social media sites are currently being flooded with "flipping money" scams that put users at risk of debit card fraud. These get-rich-quick opportunities are far from new, but they are now becoming a growing problem in fraud prevention. Scam artists … Continue reading

LowCards.com Weekly Credit Card Update–September 12, 2014

Apple Pay Could Make you Poorer The new Apple payment system has extraordinary promise. With Apple Pay, you might not need a wallet, and you can leave your credit and debit cards at home. In terms of ease and convenience, … Continue reading

Do Credit Cards Expire on the First or Last Day of the Month?

All credit cards come with an expiration date. This is imprinted on the front of the card and usually shows a month and a year. Many times, the expiration date does not show a specific date on which the card expires. So … Continue reading

Walmart to Launch EMV-Enabled Credit Card

Shoppers who use the Walmart credit card will be able to enjoy enhanced security as the store rolls out its chip-and-PIN credit cards. This is part of a significant and widespread movement in the United States projected to be completed … Continue reading

New Citi Double Cash Credit Card Gives Twice the Rewards for Paying Off Your Balance

A new rewards credit card from Citi known as Double Cash offers bonus cash back when you pay off your credit card debt. The program is designed to encourage consumers to keep their debt low and reward them when they … Continue reading

Why Mobile Wallets Haven’t Taken Off Yet

Mobile wallets are becoming widely available on the market, yet they are mostly seen as a gimmick, not a convenience. There are many reasons why consumers are not using mobile wallets just yet, and indications are this transition will be … Continue reading

LowCards.com Weekly Credit Card Update–September 5, 2014

Home Depot's Credit Cards May Have Been Hacked A massive batch of credit and debit card information that went on sale on a criminal Internet site Tuesday may be from Home Depot stores and could be linked to hackers responsible … Continue reading

More Millennials Are Using Credit Cards for Small Purchases

A new consumer spending survey reveals millennials are increasingly using credit cards to make small purchases. Cash still reigns supreme, but plastic is becoming a popular option for transactions under $5. The survey indicated quite a disparity on the use … Continue reading

Target Hit with Yet Another Credit Card Breach

Target stores in the Stockton, California area have been victim to yet another credit card breach after the nationwide hack that happened in December 2013. This breach was on a much smaller scale, but still resulted in more than $200,000 in … Continue reading

LowCards.com Weekly Credit Card Update–August 29, 2014

U.S. Late Payment Rate on Credit Cards is at the Lowest Level in Seven Years Americans are doing a better job of making timely credit card payments, even as many lenders increasingly extend credit to more people with less-than-stellar credit. … Continue reading

Innovative ATM Reader Fights Credit Card Skimming

America has been fighting to stay ahead of credit card skimming and identity theft. But Diebold, Inc. has developed a new ATM card reader called ActivEdge that may be a revolutionary anti-skimming device. The secret to ActivEdge's security is the … Continue reading

5 Alternatives To Maxing Out Your Credit Card

Do you have a tendency to max out your credit card from time to time? Do you wish there was a different way to make the purchases you need? Why You Don't Want to Max Out Your Credit Card Maxing … Continue reading

LowCards.com Weekly Credit Card Update–August 22, 2014

Visa Wants to Make it Even Harder for Thieves to Buy Gas with Your Credit Card Gas stations are among the easiest places for crooks to use stolen credit cards. Pumps are usually unattended, so all the thieves have to … Continue reading

QuikTrip Halts Debit Card Purchases of Lottery Tickets

If you use your debit card to pay for lottery tickets, you'll have to go somewhere other than QuikTrip. Beginning this week, the gas station chain is no longer accepting debit card payments in exchange for lottery tickets. All purchases … Continue reading

New Visa Service Helps Gas Stations Combat Credit Card Fraud

Visa is helping gas stations fight credit card fraud through a new program known as the Visa Transaction Advisor. This system uses intelligent analytics to identify purchases that have a high risk of being fraudulent. Self-serve gas stations are known … Continue reading

Target Spends $148 Million after the Hack

Target's massive data breach in December 2013 caused a slew of financial institutions to spend over $200 million enhancing their security protocol and issuing new credit cards to their customers. Reports now indicate Target has spent $148 million in the … Continue reading

LowCards.com Weekly Credit Card Update–August 15, 2014

Debt Collectors, What are Their Legal Limits? Collectors call again and again in the middle of dinner. They call the wrong person. They threaten. They take advantage of the latest technology to embarrass people. Often, they violate the law. Debt … Continue reading

Smart Credit Cards Don’t Make Up For Dumb Credit Card Readers

Chip and PIN credit cards are thought to be the solution for credit card security issues in the United States, but hacking experts have recently revealed those accounts may be more vulnerable than we think. The smart cards themselves may be … Continue reading

MasterCard Reduces Cash Dependence in Zimbabwe with Three Million Debit Cards

MasterCard and EcoCash will help reduce cash dependence in Zimbabwe by providing three million MasterCard debit cards over the next five years. This is the largest rollout of chip and PIN cards in Zimbabwe, and is the first time that … Continue reading

LowCards.com Weekly Credit Card Update–August 8, 2014

Why You Have To Start Paying Down Your Credit Cards Right Now Federal Reserve meetings aren't high on most people's list of interesting things, but if you have a credit card and carry a balance, you should probably start paying … Continue reading

5 Worst Data Breaches Of 2014

Data breaches have unfortunately become a common occurrence in today's society. It seems a newsworthy breach has taken place almost every week since the massive Target hack occurred in late 2013. A data breach can cripple a business and cause … Continue reading

First Data Purchases Mobile Gift Card Platform Gyft

First Data, the payment technology solution firm, recently acquired Gyft, a mobile gift card platform that enables users to buy, store or send gift cards through their phones. This merger could open a range of opportunities for First Data in … Continue reading

5 Tips For Getting A Small Business Credit Card For A New Business

When you operate a small business, it is important to use all your available capital and lines of credit to avoid cash flow problems. Frequently, new businesses don’t have a lot of cash on hand, making it beneficial to obtain … Continue reading

LowCards.com Weekly Credit Card Update–August 1, 2014

A Third of Americans Delinquent on Debt More than a third of the country is in trouble when it comes to paying debts on time; 35% of Americans have debt in collections, according to a study out Tuesday from the … Continue reading

Visa Invests in LoopPay Mobile Wallet

Visa is investing in mobile wallet app LoopPay, a mobile payment solution accepted at a majority of retail point-of-sale terminals. LoopPay is designed to turn a phone into a credit card to swipe at a register. The app uses a traditional … Continue reading

Amazon Launches Its First Mobile Wallet

Amazon's first mobile wallet quietly debuted on the Amazon Appstore and Google Play last week. The app is designed to be used at checkout terminals for dozens of merchants. While the idea of a mobile wallet implies storing credit card … Continue reading

Will You Trust Facebook’s New “Buy” Button?

Facebook's ad revenue soared by 67% in the second quarter of 2014 and the social media giant is now trying to further capitalize on that growth by adding a new "buy button" to its ads. This will gives its users a … Continue reading

LowCards.com Weekly Credit Card Update–July 25, 2014

Will Debit Card Rewards Become a Perk of the Past? Banks are still struggling to regain their footing from the financial collapse and resulting Great Recession. As profits shrink and expenses expand, the biggest banks in America are shedding thousands … Continue reading

PayPal Is Keeping eBay Afloat

PayPal, the online payment processor owned by eBay, may be the big thing keeping the parent company afloat. eBay has seen a steady decline in its revenue, especially after a data breach discovered in May of this year. According to their … Continue reading

Visa Checkout Aims to be Faster Than a Mobile Wallet

Visa's new mobile application, known as Visa Checkout, hopes to speed up the checkout process for mobile phone users. Visa Checkout looks similar to V.me, which was launched in 2011. However, this program functions in an entirely new way, acting … Continue reading

LowCards.com Weekly Credit Card Update–July 18, 2014

Credit Card Fees are Killing Small Businesses There is no real competition in the market for credit and debit card swipe fees. Because Visa and MasterCard control 80% of the card market, they are able to dictate terms. The system … Continue reading

LowCards.com Weekly Credit Card Update–July 11, 2014

Report Says Debt Settlement Companies May Leave Customers Worse Off Using a settlement company to help you dig out from underneath burdensome debt may sound appealing, but it may leave you worse off than when you started, according to new … Continue reading

5 Tips For Maximizing Credit Card Rewards

Earning rewards on your credit card is a great benefit to consumers who completely pay off their balance each month on time. You can actually make money by making transactions with a credit card. But sometimes credit card companies make … Continue reading

New Card Scam Targets People On Jury Duty

A new credit card scam in Texas is targeting people eligible for jury duty. Residents are accused of missing jury duty and then asked to pay a fine over the phone with a prepaid debit card. According to Terry Grisham, … Continue reading

Hospitals Monitor Patients’ Credit Card Accounts

How would you like it if your doctor knew exactly how you spent your money every month? That pack of cigarettes you tried to keep secret or that trip to Cinnabon would be put on display for your doctor to … Continue reading

MasterCard Releases Ukash Card in the UK

MasterCard recently released the Ukash Travel Money Prepaid card, which is designed to give UK travelers the lowest foreign exchange rate while they are on vacation. The card has no annual fees, transaction fees or ATM withdrawal fees abroad. The … Continue reading

Understanding Your Credit Card Number

Do you know what the numbers mean on the front of your credit card? Are they just a random accumulation of numbers? Or do they serve a specific purpose? Much like the VIN on your car, credit card numbers are … Continue reading

Woman Sues Kohl’s Over Harassment for $20 Credit Card Bill

A Michigan woman is suing Kohl's after receiving a number of harassing phone calls from the company over an overdue $20 credit card bill. Lisa Ratliff says that she chose not to pay the bill, incurred last November, after receiving … Continue reading

Credit Card Payments May Take on New Role in Credit Scores

The country's three biggest credit bureaus may eventually change the way they calculate credit scores. The new system could be designed to give "transactors" better scores than "revolvers" for their credit card payments because those individuals have proven themselves to … Continue reading

LowCards.com Weekly Credit Card Update–June 20, 2014

Suze Orman's Approved Prepaid Debit Cards are Quietly Discontinued Suze Orman is quietly getting out of the payments business. Starting July 1, Ms. Orman's Approved card, a prepaid debit card aimed at budget-challenged consumers, will no longer work, according to … Continue reading

College Grads Still Relying on Parents for Money

More than half of recent college graduates are still relying on their parents for money two years after graduation, according to new research from the University of Arizona. The study traced the activities of over 1,000 students at the school … Continue reading

Hospitals Concerned Over Costs of Virtual Credit Cards

Some health care plans allow users to pay through virtual credit cards, which protects the cardholder's information and prevents damage during a data breach. But many hospitals are now expressing concern about this form of payment because of the interchange … Continue reading

CFPB Requests Information on Mobile Financial Services

The Consumer Financial Protection Bureau is inquiring about mobile financial services in an effort to create better security on mobile banking platforms and to reach out to unbanked consumers. According to the CFPB, 74,000 customers a day used mobile banking … Continue reading

4 Things You Didn’t Know Depend On Your Credit Score

When most people reflect on their credit score, they instantly start thinking about credit cards, and their ability to get low interest rates and high credit limits. However, your credit score affects far more than just your ability to get … Continue reading

LowCards.com Weekly Credit Card Update–June 13, 2014

Credit Card Use Surges in AprilAmerican consumers threw caution to the wind in April and ran up their credit-card balances at the fastest pace in almost 13 years. The amount of outstanding revolving credit--a figure that’s mostly credit card debt--rose … Continue reading

Will Post Office Offer Financial Products to Unbanked Customers?

Post offices may not just be a place to take your mail anymore. According to a report issued by the Office of Inspector General for USPS earlier this year, the post office may soon be offering payday loans, check cashing … Continue reading

Recent Stories & News

Home Depot Breach Hit 56 Million Credit And Debit Cards

Home Depot Breach Hit 56 Million Credit And Debit Cards

September 19th, 2014

Earlier this month, Home Depot announced a data breach that hit its 2,200+ home improvement stores i[...]

LowCards.com Weekly Credit Card Update–September 19, 2014

LowCards.com Weekly Credit Card Update–September 19, 2014

September 19th, 2014

Millions of Americans' Wages Seized over Credit Card and Medical Debt Millions of Americans are sti[...]

7 Ways To Get A Credit Card With Bad Credit

7 Ways To Get A Credit Card With Bad Credit

September 18th, 2014

Consumers know how hard it is obtain a credit card if your credit score isn’t up to par. Despite all[...]

The LowCards.com Weekly Credit Card Rate Report for September 18, 2014

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September 18th, 2014

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tra[...]

PayPal Will Accept Bitcoin Through Its Subsidiary

PayPal Will Accept Bitcoin Through Its Subsidiary

September 18th, 2014

In an effort to adapt to the changing world of cryptocurrency, PayPal recently announced it will be [...]

Barclaycard Offers 0% APR for 34 Months On Balance Transfers in UK

Barclaycard Offers 0% APR for 34 Months On Balance Transfers in UK

September 17th, 2014

There are some very good balance transfer offers on credit cards here in the United States. But noth[...]

The Demand For Coin Continues To Grow

The Demand For Coin Continues To Grow

September 17th, 2014

The anticipation for Coin's revolutionary smartcard continues to be rather astounding. Coin is a [...]