LowCards.com Weekly Credit Card Update–November 17, 2017

CFPB’s Cordray Resigns; Agency Future Uncertain Richard Cordray, first Director of the Consumer Financial Protection Bureau, will leave the agency at the end of the month. It has long been rumored that he intends to run for governor of Ohio. Cordray served as acting director for an extended period after the agency was created as

What’s The Future Of The CFPB After Cordray?

November 16, 2017

Richard Cordray, head of the Consumer Financial Protection Bureau, announced he will step down as the head of the agency at the end of this month. Cor..

Wells Fargo Uncovers 450 More Illegal Vehicle Repossessions

November 15, 2017

The number of Wells Fargo illegal vehicle repossessions has more than doubled, according to settlement information from the Department of Justice. The..

Are Retailers Doing Enough to Notify Customers of Data Breaches?

Americans have become desensitized to data breaches. When the Target data breach first came to light in 2013, people were in a frenzy—boycotting..

How to Protect Yourself After a Data Breach

Clothing retailer Forever 21 has joined the long list of companies that have experienced a credit card data breach. The company announced yesterday th..

Are Free Credit Score Sites Accurate?

Yesterday, the Consumer Financial Protection Bureau put in a request for information (RFI) in the Federal Register seeking information about websites ..

Why Millennials Are Struggling to Build Wealth

November 14, 2017

Credit Suisse just released their Global Wealth Report highlighting the state of wealth development throughout the world. The report found Millennials..

Will My Balance Transfer Affect My Credit Score?

There are times when transferring a balance from one credit card to another will save you money. However, saving on interest and fees is not the only ..

Big Retailers Find New Ways to Encourage In-Store Sales

November 13, 2017

Online shopping—it’s convenient, affordable, fast, and effective. You can get the exact items you want with a few clicks of the keyboard, ..

Should I Close a Credit Card After the Intro Period Ends?

Perhaps you applied for a 0% APR credit card to transfer a balance or make a large, one-time purchase. Now, the introductory period is ending, and you..

LowCards.com Weekly Credit Card Update–November 10, 2017

November 10, 2017

Senators Push to Ditch Social Security Numbers in Light of Equifax Hack Eyeing more secure alternatives to Social Security numbers, lawmakers in the U..

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