Increased Credit Card Debt Boosts Overall Household Debt in America

Household debt in the United States increased to $12.29 trillion in the second quarter of 2016, up 0.3% from the previous quarter, according to a report from the Federal Reserve Bank of New York. The organization attributes the growth to a rise in credit card and auto loan debt. Total household debt increased by $35


Increased Credit Card Debt Boosts Overall Household Debt in America

August 16, 2016

Household debt in the United States increased to $12.29 trillion in the second quarter of 2016, up 0.3% from the previous quarter, according to a repo..

FDIC Expands Its Cybersecurity Efforts

The Federal Deposit Insurance Corporation recently issued a statement detailing new cybersecurity efforts to enhance their data protection. Over the ..

Even Millennials are Stressed about Retirement

Saving enough for a comfortable retirement is the top source of financial stress among people in all age groups, according to a recent survey from Sch..

20 Major Hotels Hit by Point-of-Sale Breach

August 15, 2016

HEI Hotels & Resorts, which operates Hyatt, Sheraton, Marriott and Westin hotels, announced that its point-of-sale (POS) systems have been hacked...

Law Firm Investigates Banner Health Data Breach

Earlier this month, Banner Health confirmed that cyber attackers had gained access to its servers. Late last week, class action law firm Keller Rohrba..

Mastercard Makes it Easier for Chinese Students to Pay Tuition

Mastercard has partnered with Plastiq and Planet Payment to make it easier for cardholders in China to use their local debit and credit cards to pay t..

LowCards.com Weekly Credit Card Update–August 12, 2016

August 12, 2016

Does Self-Checkout Make Customer Want To Steal? As it turns out, the self-checkout line has a big drawback. It seems to be passively encouraging shopp..

CVS Launches Its Own Mobile Payment Solution

August 11, 2016

CVS has launched its own mobile payment app. CVS Pay will allow customers to pay, pick up prescriptions and earn ExtraCare loyalty rewards. To use, ..

The LowCards.com Weekly Credit Card Rate Report for August 10, 2016

August 10, 2016

The LowCards.com Weekly Credit Card Rate Report is based on our Complete Credit Card Index which tracks the advertised rates of 1,060 credit ca..

Increasing Use of Credit Cards by Subprime Borrowers

The number of subprime borrowers who are obtaining a new credit card is growing at a significant rate. Roughly half of subprime borrowers—those ..

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