Best Bad Credit Cards With A Cosigner

When you have bad credit, it can be really hard to receive a new card. One option is to apply for a secured card, but these always require a costly security deposit. On the other hand, there are also sub-prime … Continue reading Weekly Credit Card Update–October 3, 2014

Cyberattack Against JPMorgan Chase Affects 76 Million Households A cyberattack this summer on JPMorgan Chase compromised the accounts of 76 million households and seven million small businesses, a tally that dwarfs previous estimates by the bank and puts the intrusion … Continue reading

U.S. Bank to Refund $48 Million for Improper Credit Card Practices

Last week, the Consumer Financial Protection Bureau lowered the boom on U.S. Bank for improper credit card practices. The CFPB ordered the bank to refund $48 million to customers. The bank must also pay fines of $5 million to the … Continue reading

U.S. Bank Tests ID Scanning App

U.S. Bank is developing a new mobile app to verify the identity of their credit card applicants. The app will allow applicants to take a photo of their drivers license with their phone to instantly upload with the application. At … Continue reading Weekly Credit Card Update–March 21, 2014

Consumers Not Powerless in Face of Credit Card Fraud Most card companies already have custom alerts and other features that not enough consumers use. Then there's something that all cards should have but most don't--an on/off switch accessible from a … Continue reading

Mobile Banking Likely to Cost Consumers

More Americans are turning to mobile banking because it is fast, convenient and free. You can manage your accounts directly from your smartphone, whether it be deposits or transfers. What would happen if you suddenly had to pay for this … Continue reading

Big Banks Look to Credit Cards for Growth

As the number of people refinancing loans continues to decline, big banks like US Bank and Wells Fargo are relying on credit cards to bolster their profits. Wells Fargo already announced a push on credit cards a few weeks ago, and … Continue reading

Reconsideration–Another Chance at Getting a Credit Card

Reconsideration is an unpublished "secret" in the credit card industry. If your credit card application has been rejected, there is a number you can call to explain your side of the story to a real person and appeal for approval. When … Continue reading

Special Summer Perks from your Credit Card

If you are looking for things to do this summer, your credit card could give you free or discounted tickets to museums and theme parks, as well as some lucrative travel benefits. These perks can save you money but you … Continue reading

CFPB Orders $6.5 Million in Refunds to Service Members for Auto Loans

The CFPB ordered U.S. Bank and its nonbank partner to pay nearly $6.5 million to members of the U.S. military who were misled about terms and fees of their auto loans. Service members who participated in the Military Installment Loans … Continue reading

FlexControl Helps Cardholders Control Credit Card Payments

U.S. Bank recently launched a new program known as FlexControl, which allows cardholders to manage the type of payments they make on their credit cards. FlexControl lets consumers determine if they want to make payments in full and how long they … Continue reading

Substantial Decline in College Credit Card Agreements

A report recently released by the Consumer Financial Protection Bureau showed the number of college credit card agreements between issuers and institutions of higher learning or alumni organizations dropped dramatically in 2011 versus 2010. The data revealed a 20.6 percent decline … Continue reading