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Category Archives: Credit Card News

Some Banks Assess Checking Account Fees to Recover Lost Revenue

When Congress passed regulations on the financial industry, banks warned the restrictions would cause them to raise rates and fees to recover the lost revenue. Banks have proved many times they weren’t bluffing. Banks have added a number of new … Continue reading →
Credit Card Usage drops for 27th Straight Month
Credit card usage fell for the 27th straight month according to Federal Reserve’s Report on ...
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Issuers Pushing Cash-Back Credit Cards
January is the busiest month for new credit card applications. Issuers will flood consumers with ...
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Supreme Court Decision Could Impact Credit Card Rate Hikes
The legislative and executive branches of our government have forced a number of changes onto ...
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Will Consumers Pay for New Reduction in Debit Fees?
The Federal Reserve has just announced its proposal that would limit debit card fees to ...
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Cartoon Characters Now Promoting Prepaid Cards to Teenagers
On Monday, the Kardashian prepaid debit card was abruptly pulled from the market by the ...
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No More Kardashian Kards
The Kardashian Kard has been pulled off the market. Amid lackluster sales, tremendously negative publicity ...
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Kardashian Kard a Bad Idea
Last week, the Kardashian sisters launched a new credit card targeted at teens, one of ...
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Fed Publishes New Information on Credit Reports and Credit Scores
In 2010, the Federal Reserve has introduced a number of new credit card rules and ...
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Loan Standards Easing, But Still a Long Way From Normal
The October 2010 Senior Loan Officer Survey shows that banks are easing some of the standards and ...
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