President Obama Tightens Security on Government-Issued Debit Cards

Even the federal government is feeling uneasy about the security of debit and credit cards. Reacting to the incredible number of data breaches at major retail chains, the United States government will now require that all federal benefits issued via … Continue reading

Social Security Paper Checks Will Still Be Mailed–For Now

Several million consumers have missed the deadline for making the switch to paperless Social Security benefits, but the government will not cut them off from receiving their benefits. March 1 marked the deadline for Social Security and other Federal benefit … Continue reading

LowCards.com Weekly Credit Card Update January 11

Why More Americans Will Fall Behind on Their Credit Card Bills This Year A quarterly report issued last month by the Federal Reserve Bank of New York said that, although our total debt dropped by $74 billion in the third … Continue reading

Social Security Benefits Go Paperless on March 1

Anyone receiving Social Security or other federal benefits has until March 1 to switch to electronic payments or prepaid debit cards. In a cost saving measure, the government started a program in May 2011 to eventually eliminate the paper checks … Continue reading