Facebook Shows How Millennials Dislike Debt, Avoid Credit Cards

A new study from Facebook IQ shows just how much Millennials despise debt. The assessment revealed that 43% of Millennials say paying down debt is their top financial priority, while 38% of Millennials say the same about saving for the … Continue reading

Your Social Media Posts May Soon Affect Your Credit Score

There's a new reason to be careful when updating your Facebook status. As reported on Investors.com, talking about a weekend of debauchery might lower your credit score. The Fair Isaac Corporation (or FICO), a credit rating agency, is implementing new … 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

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

The Mobile Wallet Battle Heats Up

Domino's Pizza is now accepting payment via Google Wallet. You can pay for your pizza with your Android app. That might not sound like big news but it signals a significant move in the battle for how you make your … Continue reading

MasterCard Trains Employees to Be Social Media Experts

Social media has become the main way many people now communicate. Consumers indirectly promote companies and products by a mere mention in a Tweet or Facebook post. MasterCard has decided to turn this to their advantage. The company is investing … Continue reading

Consumers Still Not Protecting Their Identity

Experian's ProtectMyID released a study last week in honor of national identity theft protection week. It showed that consumers are still vulnerable to ID theft both online and offline, and most of them are not doing enough to protect themselves. … Continue reading

Fake Facebook Site Steals Credit Card Info

Social networking sites should not need your credit card information since they are free to use. Facebook has put a slight glitch in that system with their autofill option, allowing users to upload credit card info to fill in automatically … Continue reading

Autofill Credit Card Info on Facebook

Facebook launched a new mobile shopping opportunity that allows users to connect credit cards to their social accounts. As a result, Facebook will automatically fill in the credit card numbers for online purchases, per the request of the user. This is … Continue reading

Your Facebook Friends Could Help Your Credit

Ever wish that you could get a loan just by knowing people with good credit? That may not be as farfetched as it sounds. Thanks to a variety of tech startups like Lenddo, you could improve your credit score and … Continue reading

LowCards.com Weekly Credit Card Update–August 30, 2013

Facebook Friends Could Change Your Credit Score Choose your Facebook friends wisely; they could help you get approved--or rejected--for a loan. A handful of tech startups are using social data to determine the risk of lending to people who have … Continue reading

The Money Making Side of Facebook

Facebook may be free to use, but that doesn't mean it's not a money making machine. A new infographic from GreatBusinessSchools.org reveals where this money is coming from, totaling over $1.5 billion per quarter in advertising alone. Facebook accounted for … Continue reading

MasterCard’s Conversation Suite Monitors Worldwide Social Networking

Ever feel like everything you say on the Internet is being carefully monitored? That may not be such a strange concern after all. Once you see the 40-foot screen for the MasterCard Conversation Suite, you'll feel like George Orwell's "big brother" … Continue reading

AmEx, Twitter Partner to Offer Pay-by-Tweet Shopping

Twitter is entering the growing mobile e-commerce market by expanding its relationship with American Express. Amex Sync will allow American Express cardholders to make purchases on Twitter through tweets that include special hashtags. The first offer will be for discounted … Continue reading

LowCards.com Weekly Credit Card Update November 16

Battle Plan Shifts on Dodd-Frank President Barack Obama's victory means the 2010 Dodd-Frank law will stand. But the finance industry could still cut some parts of the law because changes now are politically less risky for the administration and Democrats in … Continue reading