Credit cards

Apple allows iPhones to accept credit cards without additional hardware

Apple Inc is planning a new service that will allow small businesses to accept payments directly on their iPhones without any additional hardware, Bloomberg News reported Wednesday, citing people with knowledge of the matter. For payments to be accepted on an iPhone, retailers currently use payment terminals to receive money on their Bluetooth-connected iOS devices, […]

Credit cards

Can you have too many credit cards in your wallet?

Krakenimages.com / Shutterstock.com Editor’s Note: This story originally appeared on The Penny Hoarder. After a big spending spree, you might ask yourself, “Do I have too many credit cards? » Like most things, the answer is not clear cut. And while having multiple credit cards isn’t necessarily bad, there’s such a thing as having too […]

Credit cards

CFPB signals crackdown on hidden fees for banks and credit cards

Rohit Chopra, director of the Consumer Financial Protection Bureau. Alex Edelman/Bloomberg via Getty Images The Consumer Financial Protection Bureau on Wednesday reported a broad crackdown on hidden and excessive fees charged by banks, mortgage lenders and other financial entities. The federal agency, created in the wake of the 2008 financial crisis, seeks consumers’ views on […]

Credit cards

Brock bought a ring with multiple credit cards to be ‘funny’

Set the clocks. Scheana Shay clarified the “incorrect” rumors about Brock Davies after fans asked why he bought her engagement ring with multiple credit cards Vanderpump Rules. “I like to correct people. If you don’t like me based on the correct information and the full story, that’s fine,” Scheana, 36, told the exclusive. We Weekly […]

Credit cards

Vroom delivery allows payment without a credit card

Photography: Shutterstock CHICAGO— Convenience industry e-commerce provider Vroom Delivery has partnered with Trustly, which specializes in online banking payments, to allow consumers to pay directly with their bank account when ordering online. This will more than halve the average processing fee typically paid to credit card networks, the companies said. When customers place their order […]

Credit cards

Two charged in connection with stolen credit cards

Bill Kurtz | Now Press Group Two Milwaukee residents face multiple felony charges related to credit card theft and auto theft from a street check by a Mequon police officer early Jan. 10. Sequouia L. Brown, 27, faces a charge of identity theft for profit, an additional felony charge as a party to the crime […]

Credit cards

Duo wanted for using stolen credit cards in Suffolk, police say

Recognize them? Surveillance photos of two suspects wanted on Long Island have been released by police investigators after they allegedly used stolen credit cards in multiple vehicles. On Friday, Jan. 21, Suffolk County Crime Stoppers and Detectives from the Quogue Village and Sag Harbor Village Police Departments issued an alert as they attempted to locate […]

Credit cards

Police say man stole cash and credit cards from Lenox hostel, then went on a spending spree | criminality

LENOX – A man with a history of burglary has been arrested in connection with a Gateways Inn break-in that netted approximately $8,000, including stolen cash, merchandise and credit cards that were later used in businesses in Lee, Pittsfield and Dalton. Christopher Vandesteene, 40, a homeless man from Pittsfield, had purchased about $4,000 worth of […]

Credit cards

Amazon says it will NOT block UK Visa credit cards from Wednesday as part of last-minute deal

Monday, January 17, 2022 11:59 a.m. Earlier it was announced that UK Visa cards will no longer be accepted by Amazon from January 19 Amazon has just announced that it will no longer block UK Visa credit cards from Wednesday, as the e-com giant had originally planned to do. As part of a last-minute deal, […]

Credit cards

Amazon will continue to accept Visa credit cards in the UK as it tries to resolve a payment dispute | Economic news

Amazon has announced it will not stop accepting Visa credit cards for payments in the UK later this week, as had been planned as the two companies seek to resolve a dispute. In an email to customers, the online retailer said it was “working closely with Visa on a potential solution.” The decision was due […]

Credit cards

Kiwis literally freeze credit cards to curb the urge to splurge

New Zealanders are resorting to drastic measures to limit credit card spending, including literally freezing their cards. A survey by financial research and comparison site Finder found that more than half of respondents (55%) were taking steps to manage credit card spending. More than one in five had set a limit on their card and […]

Credit cards

Amazon suspends plans to stop accepting Visa credit cards in the UK

An Amazon warehouse in Warrington, England. Nathan Stirke | Getty Images LONDON – Amazon has dropped plans to stop accepting Visa credit cards in the UK The e-commerce giant was to prevent Britons from using a Visa-issued credit card on its platform from January 19. But in a statement on Monday, the company said the […]

Credit cards

Last-minute deal needed for UK-issued Visa credit cards to work on Amazon | Amazon

Millions of people’s credit cards will stop working on Amazon’s UK website from this week – unless there is an 11am resolution to a bitter dispute between the retailer and the giant Visa payments. In November, Amazon announced to customers that from January 19 it would stop accepting payments made with UK-issued Visa credit cards, […]

Credit cards

What will happen if Amazon stops accepting UK-issued Visa credit cards? | Amazon

Amazon’s UK website has announced to customers that it will stop accepting payments made with UK-issued Visa credit cards from January 19. Why is Amazon doing this? He says the move is “due to high fees charged by Visa for processing credit card transactions.” Who does this affect? Millions of people who use a Visa […]

Credit cards

Scammers Rob East Texas Businesses With Fake Credit Cards

TEXARKANA, Texas (KETK) – Multiple incidents of fake credit card scams were reported to the Texarkana Police Department in Texas this week. Better Business Bureau: Resolutions for a Fraud-Free New Year According to TTPD, scammers can get away with not paying the big bucks by placing a card without any information on it in the […]

Credit cards

The Internet’s Largest Market For Stolen Credit Cards To Close

Top line UniCC, the largest online marketplace for stolen credit and debit cards, announced its closure next week after facilitating $ 358 million in transactions over nine years, blockchain analytics firm Elliptic reported Wednesday – the latest in a wave of illicit dark web market closures. Debit and Credit Cards. Jeff Overs / BBC News […]

Credit cards

Business beware: Shoppers with fraudulent credit cards are targeting locals

City police are warning local businesses of a scam involving fraudulent credit cards. PRESS RELEASETHUNDER BAY POLICE DEPARTMENT******************************* The Thunder Bay Police Department is warning the community about a potential scam involving fraudulent credit cards that could target local businesses. In one incident, a local business was contacted by phone by a suspected interested Toronto […]

Credit cards

Jason Allee II, Minot, charged with possession of stolen vehicles, credit cards | News, Sports, Jobs

Jason Max Allee II, 27, Minot, is charged in Minot District Court with Class B felony possession of a stolen motor vehicle and Class C felony possession of a stolen credit card. According to a probable cause affidavit filed with the court, a woman called police on Monday and told them that Allee, […]

Credit cards

How many credit cards is too much? | pennyhoarder

After a big spending spree, you might ask yourself, “Do I have too many credit cards?” “ Like most things, the answer is not clear cut. And while having multiple credit cards isn’t necessarily bad, there is such a thing as having too many, especially depending on how you use them and which ones you […]

Credit cards

Here are the 5 best credit cards for big discounts, cash back

The New Year is just around the corner, and so is our excuse for shopping. Don’t have enough cash? Wondering how to balance your desires and your bills? Do not worry. Your old, trustworthy credit card will come in handy. Credit cards offer a variety of benefits, ranging from cashback to great discounts. Today we […]

Credit cards

Banks make it easier to get credit cards

Lenders are once again welcoming borrowers with less than pristine credit, a vote of confidence in the health of the US economy and Americans’ finances. An estimated 29.2 million general purpose credit cards were issued to people with credit scores of 660 and below last year, according to projections by credit reporting firm TransUnion, up […]

Credit cards

Buy Now Pay Later company Klarna says ‘credit cards pose the real risk’

Friday 07 January 2022 15:51 Buy now, pay later, companies like Klarna should be FCA regulated Buy Now Pay Later (BNPL) Fintech Klarna has sought to deflect criticism of credit card providers as the government prepares to crack down on BNPL providers, documents released today reveal. BNPL companies have come under fire in recent months […]

Credit cards

Best Credit Cards For Low Income

How Does Your Income Affect Credit Card Applications? When you apply for a credit card, your income is a factor that the card issuer uses to decide if they will approve you. Low income won’t necessarily prevent you from getting a card – it’s just something the card issuer takes into account when assessing your […]

Credit cards

Kansas City workers abuse credit cards, audit finds

Town Hall in downtown Kansas City Star File Photo Kansas City employees have made hundreds of questionable purchases on city-issued cards, according to an audit released Thursday by City Auditor Doug Jones. The review found that employees may have violated ethics policies by using their cards to make purchases in the city from loved ones. […]

Credit cards

Best credit cards of January 2022 | Personal finance

Flexible tips We also researched credit cards that let you redeem rewards in multiple ways, or at the very least could be redeemed for statement credits to cover purchases. Keep in mind that there are also many excellent airline and hotel credit cards, which you should consider if you prefer to earn points in a […]

Credit cards

10 things most Americans don’t know about credit cards

Credit cards are so convenient that they have become part of everyday life for many Americans. Given this fact, it’s perhaps surprising that there are so many common credit card misconceptions floating around. See: 90-second moves to boost your credit score by 200 pointsDiscover: 10 things to do now if you have a credit score […]

Credit cards

Clay County deputies find drugs, stolen credit cards and checks during traffic stop

By ZOE BROWN Click here for updates on this story CLAY COUNTY, Mo. (KCTV) – Clay County deputies found drugs and stole credit cards and checks when they stopped a car for unregistered plates the other night . According to the Clay County Sheriff’s Office, deputies stopped the car Monday night because the tags were […]

Credit cards

Hackers use video player to steal credit cards from over 100 sites

Hackers used a cloud-based video hosting service to perform a supply chain attack on over a hundred real estate sites that injected malicious scripts to steal information entered into website forms. These scripts are known as skimmers or formjackers and are usually injected into hacked websites to steal sensitive information entered into forms. Skimmers are […]

Credit cards

Households save less and borrow more by credit card

Households are spending more on credit cards and investing less money in a context of squeezing the cost of living. The Bank of England said net consumer borrowing was £1.2bn in November 2021. This figure includes credit card borrowing, overdrafts and personal loans. The majority of this was due to additional credit card borrowing, accounting […]

Credit cards

Best Travel Credit Cards 2022 | Choose the right card for you

K fingers crossed for a vacation abroad next year? There are a number of credit cards specifically designed for use while traveling, which helps avoid often unexpected charges when you get there. These offers can come and go depending on the market and their terms may change. But – as overseas vacations get closer – […]

Credit cards

Small Business Credit Cards: It’s About More Than Just Rewards | News

BOSTON, January 3, 2022 /PRNewswire-PRWeb/ — The Mercator Advisory Group has released a report covering credit cards issued to small businesses titled Small Business Credit Cards: Opportunities for Growth in a Post-COVID World. The research explains current markets, reviews programs offered by major issuers, and suggests that issuers consider four current fintech models to revitalize […]

Credit cards

Former sergeant jailed for using credit cards stolen from colleague to buy iPhones

Defendant Johnny Lau Chun-ning, 35. Archive photo. A former sergeant was jailed for 22 months in district court on Friday after he twice stole a colleague’s credit card to buy three iPhones in 2019. Johnny Lau Chun-ning, 36, had previously pleaded guilty to six counts of theft and deception of property for stealing two Hang […]

Credit cards

LA Times: Home equity could be a better option than credit cards

For an elderly couple who considered turning to credit cards to make ends meet, an option based on home equity — like a home equity line of credit (HELOC) or reverse mortgage — would probably better serve his financial goals while avoiding many of the pitfalls of credit card debt. So says financial columnist Liz […]

Credit cards

Top 5 Crypto Credit Cards You Should Consider in 2022

these encrypted credit cards offer maximum security with interesting features As cryptocurrencies continue to become mainstream and the economy integrates crypto into everyday transactions and spending, more and more people are learning and inventing new ways to use cryptos. Crypto credit cards are one such innovation that can provide users with new opportunities to combine […]

Credit cards

How is it different from the bank credit card. Everything you need to know

New Delhi: Credit cards, which are considered the most convenient method of payment, could be a thing of the past in years to come. Today, several companies have started accepting cryptocurrencies or digital currencies as a method of payment, as digital currency is gradually becoming a valuable asset in the wallets of several investors. Just […]

Credit cards

What to look for when buying crypto credit cards? Everything you need to know

For years, credit cards have been considered a convenient way to make payments. From cash payment to debit and credit cards, many businesses have now accepted cryptocurrency as a payment option. Digital currency has now become a valuable asset in the portfolio of several investors around the world. According to a report by CoinMarketCap, the […]

Credit cards

How to dispose of credit cards

The content of this page is correct as of the date of publication; however, some of our partner offers may have expired. Please review our list of the best credit cards or use our CardMatch ™ tool to find the cards that suit your needs. The conditions apply to the offers listed on this page. […]

Credit cards

Suspect found with checks, credit cards likely stolen in mail, police say

item TOWNSHIP OF TREDYFFRIN, Pennsylvania. – Chester County authorities are urging residents to check their bank accounts for “abnormal activity” after a person was found with numerous checks and credit cards that investigators said were stolen in the mail. The Tredyffrin Township Police Department arrested the unnamed person on Sunday following a joint investigation that […]

Credit cards

Former sergeant who stole colleague’s credit cards to buy iPhones once thought about suicide, court said

Defendant Johnny Lau Chun-ning, 35. Archive photo. A 36-year-old former sergeant who stole a colleague’s credit card twice to buy three iPhones told district court on Friday that he had already thought about killing himself with his son. Johnny Lau Chun-ning had previously pleaded guilty to six counts of theft and obtaining property by deception […]

Credit cards

Best Credit Cards of 2022: 4 Features to Look For | Smart Change: Personal Finances

Gregory Karpe The credit card market is highly competitive and constantly changing. Lately, that means new cards that give consumers more choice. As this trend continues in 2022, credit card shoppers will need to know what to look for. What does a good credit card look like these days? Annual fees, sign-up bonuses, reward rates […]

Credit cards

Cred users paid Rs 52,000 crore with credit cards to shop in 2021

Mumbai: Cred users spent a total of Rs 52,000 crore on credit cards to shop in 2021, with the festive season seeing the highest spend, according to a report by the card-focused fintech platform credit. October saw the highest spending on shopping, with Rs 7,535 crore spent, according to the report titled Cred Insights. “Another […]

Credit cards

Portland City Commissioner Hardesty sued over unpaid credit cards

The Portland City Commissioner said the bills dated back to her tenure in 2018 and she intended to reimburse Bank of America PORTLAND, Ore. — Portland City Commissioner Jo Ann Hardesty is being sued for more than $16,000 in unpaid credit card bills, according to court documents recently filed in Multnomah County Court. Bank of […]

Credit cards

Valley Finance Pros: Budget Vacation To Avoid Breaking Credit Cards | Business

Winter vacation is here. Need a reminder? Check your bank statements. The National Retail Federation calculates that the average American will spend around $ 998 on Christmas gifts, decorations, meals, and a few items for themselves. The total is about $ 50 below the pre-pandemic high set in 2019. Cardify, a market research platform that […]

Credit cards

New York postal workers allegedly stole credit cards from mail and spent $750,000 on luxuries – NBC New York

Four postmen are accused of stealing the mail they are supposed to be protecting, with investigators alleging they swiped credit cards and went on a spending spree of nearly $750,000. An indictment charged 10 people with playing a role in the alleged scheme, four of whom were letter carriers with routes in Brooklyn and Manhattan, […]

Credit cards

Learning about credit cards is an essential part of financial literacy | News

For many college students, college is their first time earning their own money and paying their own bills. Credit cards can be a positive tool for some, but can cause long-term damage to others. Several experts are looking into credit cards and financial literacy. Paul Rose is a psychology professor specializing in consumer psychology. He […]

Credit cards

Hackers infect random WordPress plugins to steal credit cards

Credit card readers are injected into random WordPress e-commerce site plugins, hiding from detection while stealing customer payment details. With the Christmas shopping season in full swing, card-stealing hackers are stepping up their efforts to infect online stores with stealth skimmers. Administrators must therefore remain vigilant. The latest trend is to inject map skimmers into […]

Credit cards

The man enters the building; Steals money, credit cards: the police

INWOOD, NY – A man was arrested for breaking and entering Sunday night. Sequan Kennedy, 30, is charged with stealing an undisclosed sum of money and being in possession of stolen credit cards, police said. A man broke down a door and entered the building at 1 Sheridan Blvd. The person left and returned shortly […]

Credit cards

Identity theft ring recruited Postal Service postmen to steal credit cards: DA

NEW YORK CITY (WABC) – Ten people have been charged in an identity theft conspiracy that included United States Postal Service factors and netted more than $750,000, the Manhattan District Attorney announced Wednesday, Cy Vance. The alleged crimes were committed between January 2017 and August 2019, with accused ringleader Michael Richards, 37, accused of recruiting […]

Credit cards

12 Christmas shopping tips to use credit cards wisely this holiday season

Credit cards can sometimes be a useful way to spread the cost of higher value purchases, especially at this time of year, but it’s important not to spend beyond your means and try to repay the balance in full as soon as you can. Christmas falls on a Saturday this year and for workers whose […]

Credit cards

Best credit cards with rewards of December 2021 | Personal finance

Flexible tips We’ve also researched credit cards that allow you to redeem rewards in multiple ways, or at the very least could be redeemed for statement credits to cover purchases. Keep in mind that there are also many excellent airline and hotel credit cards, which you should consider if you prefer to earn points in […]

Credit cards

It’s About Time: California Cannabis Dispensary Credit Cards To Launch In January

The cannabis industry has been facing major challenges for a long time, right?? One of the biggest is certainly the banking issue. Since marijuana is classified as a Schedule 1 drug, illegal at the federal level, banking institutions are placed in an uncomfortable position when it comes to providing services to cannabis businesses. This is […]

Credit cards

Credit cards, blank checks and ID found in stolen car; arrested man

LINCOLN, Neb. (KOLN) – The Lincoln Police Department recovered stolen blank checks, credit cards and IDs, among other personal effects from inside a stolen car parked at a northeast Lincoln hotel . Just after 8 p.m. on Wednesday, a police officer saw a gray 2013 Ford Focus in the parking lot of the Red Roof […]

Credit cards

Debit Cards vs Credit Cards: Understanding the Differences Before You Shop

Paper or plastic? It’s a question you might hear in the grocery store line, but it could also be the one you ask yourself when paying for a purchase. Paper, of course, is cash, but when we talk about plastic, we are talking about debit or credit cards. Since not everyone knows the differences between […]

Credit cards

Thousands of hacked Canadian credit cards for sale on the dark web

Breadcrumb Links Canada Publication date : 01 December 2021 • December 1, 2021 • 2 minute read • Join the conversation Hacked credit card details for people from 140 countries around the world are for sale on the dark web. Photo by iStock /GETTY PICTURES Content of the article Hacked credit card details for people […]

Credit cards

Boston police warn of phone scam asking for prepaid credit cards targeting seniors

Boston police have issued a warning about a phone scam targeting elderly residents that asks them to “clean up” arrest warrants by paying fines with gift cards or a prepaid credit card. The scam involves an unknown caller claiming to be an employee of the Suffolk County Reformatory, who asks victims to pay a fine […]

Credit cards

How Deferred Interest Credit Cards Can Cost You

Shoppers shop at a Best Buy store on Black Friday in San Carlos, California, U.S., Friday, Nov. 26, 2021. Bloomberg | Bloomberg | Getty Images Before you grab that great deal through a store’s special financing offer, make sure you know what you’re signing up for. About half of retailers offer deferred interest credit cards, […]

Credit cards

4 digital payment methods that will replace debit and credit cards

These days there is no need to carry cash around anymore, thanks to the huge availability of chip and pin and contactless card payments. And, although these payment methods are quite convenient, they may soon become obsolete. There are now more and more emerging digital payment methods that have a good chance of outperforming credit […]

Credit cards

Creation is canceling some Curve-related credit cards – Which one? News

Credit card provider, Creation Finance, has closed some customer accounts that transacted using Curve cards. Curve is a “smart” card that lets you combine credit, debit and some prepaid cards in one place, switching between accounts with a smartphone app. But Creation Finance – which powers the IHG Rewards Club credit card – decided to […]

Credit cards

Best Mastercard Credit Cards for 2022

What is Mastercard? Mastercard is a payment network. In fact, it’s one of the top four payment networks in the United States. (Okay, if you want to get technical, Mastercard Inc. is a financial services company. But the heart of that company is the payment network known as Mastercard, MasterCard® or mastercard®, depending on today’s […]

Credit cards

One in two Britons give up credit cards for Christmas

One in two UK consumers plan to ditch their credit card entirely for Christmas shopping this year, with two-thirds of credit card holders wanting to avoid paying interest on their credit card. Despite credit cards promising interest-free periods, 46% of Britons who used their credit cards ended up paying interest on their Christmas shopping last […]

Credit cards

Police arrest man caught on camera with stolen credit cards | News, Sports, Jobs

Maui News WAILUKU — A Kihei man was arrested Sunday after surveillance video showed him using a stolen credit card at businesses in Kihei, police say. Sale Ioakimi, 22, was charged with unauthorized possession of confidential personal information, six counts of credit card theft, fraudulent use of a credit card and two counts of third-degree […]

Credit cards

An update on using credit cards to gamble online in Australia

In this article, we provide an update on recent developments regarding the state of parliamentary and industry reviews regarding potential bans on the use of credit cards for gambling purposes. The importance of these reviews has been reinforced by the recent COVID-19 influenced growth of online gaming as an accessible form of entertainment, with credit […]

Credit cards

Amazon says it will stop accepting UK-issued Visa credit cards on January 19 – TechCrunch

Amazon has intensified its fight with Visa: from January 19, 2022, the e-commerce giant stop accepting Visa credit cards issued in the UK. He informed Amazon UK customers in an email of the change, blaming high fees charged by Visa for credit card transactions. Shoppers can at least continue to use their Visa credit cards […]

Credit cards

Amazon will stop accepting UK-issued Visa credit cards in January 2022 — Quartz

Millions of online shoppers in the UK are receiving emails telling them that Amazon will stop accepting UK-issued Visa credit cards after January 19, 2022. Amazon says Visa fees are too students. “The cost of accepting card payments continues to be a barrier for businesses trying to provide the best prices to customers,” an Amazon […]

Credit cards

Amazon stops accepting UK Visa credit cards and cites high fees

Amazon says it will stop accepting UK-issued Visa credit cards due to dispute over charges ThroughThe Associated Press November 17, 2021, 4:21 PM • 2 minute read Share on FacebookShare on TwitterEmail this article LONDON — Amazon announces it will stop accepting UK-issued Visa credit cards due to a dispute over fees, marking growing tensions […]

Credit cards

Amazon no longer accepts UK-issued Visa credit cards

Leon Neal | Getty Images News | Getty Images LONDON — Amazon plans to stop accepting payments made via UK-issued Visa credit cards from next year. The e-commerce giant has told some customers that from January 19 the company will no longer accept Visa credit cards issued in Britain “due to the high fees charged […]

Credit cards

Amazon to ban Visa credit cards in UK

AMazon announced on Wednesday that it will no longer accept UK-issued Visa credit cards from January, citing high transaction fees charged by the company. The news comes after the UK left the European Union, which got rid of mandatory caps on credit card transaction fees. Amazon said consumers are still allowed to use Visa, Eurocards, […]

Credit cards

Men use stolen credit cards to get $3,700 worth of clothes at Milford Mall

November 17, 2021Updated: November 17, 2021 3:17 p.m. 1of5 Police are trying to identify the men who used stolen debit cards at Dick’s Sporting Goods in Milford earlier this month. Stratford Police DepartmentShow moreShow less 2of5 Police are trying to identify the men who used stolen debit cards at Dick’s Sporting Goods in Milford earlier […]

Credit cards

Amazon will stop accepting Visa-issued credit cards in the UK with high fees

Nov 17 (Reuters) – Amazon.com Inc (AMZN.O) will stop accepting Visa Inc (VN) credit cards issued in the UK from next year due to high transaction fees charged by the payment processor, the e-commerce giant said Wednesday. “Due to the high cost of Visa payments, we regret that Amazon.co.uk will no longer accept Visa credit […]

Credit cards

Amazon will ban Visa credit cards from January

A A row broke out today between Amazon and Visa over the use of credit cards on the internet giant’s website. Amazon today announced it will stop accepting payments from UK-issued Visa credit cards, citing the high cost imposed by the card company. An email to customers said: “From 19th January 2022 we unfortunately will […]

Credit cards

What is that ? : Discounts for signing up for store credit cards

A store offers you 20% off in exchange for a quick credit card application. That might not sound too bad, but it’s important to read the fine print before signing. INDIANAPOLIS – It never fails. As customers place their order in a store, a clerk will offer a discount if they ask for the store’s […]

Credit cards

Ocklawaha man arrested after breaking into his home and stealing credit cards

A 42-year-old man from Ocklawaha has been arrested after breaking into a house and stealing several credit cards. On October 30 at approximately 8:45 p.m., a deputy from the Marion County Sheriff’s Office responded to an Ocklawaha residence on 53rd Place SE in reference to a reported burglary. The deputy arrived and spoke with a […]

Credit cards

Dollar Scholar asks: How many credit cards are too many credit cards? | Personal finance

Julia Glum This is an excerpt from Dollar Scholar, the Money newsletter where Senior Editor Julia Glum teaches you the modern money lessons you MUST know. Don’t miss the next issue! Register on money.com/subscribe and join our community of over 160,000 scholars. I tend to exaggerate when I find something I like. I recently bought […]

Credit cards

“I use credit cards for everything”: I’m 36, earn $62,000 and have $290,000 in retirement savings. My wife is a stay-at-home mom. Are we okay?

I’m 36 years old. I have about $53,000 in a money market savings account. I keep between $1,000 and $2,500 in a checking account. I have about $290,000 when I retire. I have a wife who hasn’t worked for over four years. We both agreed that she would raise our 4 year old as a […]

Credit cards

Should photo ID be required to open checking accounts and credit cards?

YORK, Pa. (WHTM) — Steve Slawinski knew something was wrong when checks and bank cards from various financial institutions started showing up in his York County mailbox with his name on them. “I called the {banks} and told them I hadn’t opened an account,” Slawinski said. “They looked up all the information and saw that […]

Credit cards

Mobile payments overtake credit cards in 2021: report

Mobile payments in India are now growing faster than card payments as more consumers and businesses embrace digital payments amid the pandemic, according to the 2021 India Mobile Payments Market Report. According to the report, payments made through apps that bypass credit cards increased by 67% to $478 billion in 2020. They register more than […]

Credit cards

Ally to invest big in credit cards with $750 million deal with Fair Square

Ally Financial, a major player in the auto finance industry, said it would buy credit card company Fair Square Financial for $750 million. The all-cash deal is expected to close at the end of the first quarter of 2022, Ally said in a statement Thursday. “Our announcement of the acquisition of Fair Square Financial – […]

Credit cards

Are digital wallets ready to replace credit cards?

Credit: Pixabay. Since magnetic stripes were added to credit cards in the 1970s, their uses have rapidly exploded due to the significant advantages they offered over cash. Pocket-sized, easily portable, secure and with no intrinsic value, credit cards quickly won over consumers. But innovations in digital payments could spell the end of physical debit and […]