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Today, the Consumer Financial Protection Bureau issued a warning to credit card companies about deceptive marketing tactics used to promote convenience checks and reduced or zero percent interest offers. The Bureau told banks to properly disclose the costs of these … Continue reading →
American Express To Pay $75 Million Over Credit Card Practices The Consumer Financial Protection Bureau has ordered American Express to pay more than $75 million to settle claims that it charged improper fees and misled its credit card customers over … Continue reading →
Consumer Credit Growth Cools, Credit Card Use Sags In September, growth in consumer credit cooled as households appeared to use their credit cards less frequently. According to Federal Reserve data released this week, consumer credit grew $11.36 billion in September, lower … Continue reading →
It is very common to receive convenience checks from your credit card issuer. These promotional checks look like free money, with 0 percent offers in bold print. These offers may seem like a tempting way to pay for holiday shopping, … Continue reading →