Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: credit cards

Poll shows few in US have received credit cards with chips

Even as an Oct. 1 deadline approaches to replace Americans’ out-of-date credit cards with new cards embedded with computer chips, the vast majority of Americans still have not received their new cards and only a small minority are using the ...

Read More »

New chip credit cards putting squeeze on small biz

This photo from early June shows a chip-based credit card, in Philadelphia. New credit and debit cards with computer chips are putting the squeeze on small businesses, forcing them to spend hundreds or thousands of dollars on new payment systems and consultants to install them. AP Images

NEW YORK — New credit and debit cards with computer chips are putting the squeeze on small businesses. The cards being rolled out by banks and credit card companies are aimed at reducing fraud from counterfeit cards. As chip cards ...

Read More »

How new changes by credit-reporting firms may affect you

The three largest credit reporting agencies will change the way they handle records in a major revamp long sought by consumer advocates. The changes were announced Monday after talks between Equifax, Experian, TransUnion and Attorney General Eric Schneiderman. AP Images

The three big credit reporting agencies are making changes that could help steer some consumers clear of the credit dog house. Data collected by the agencies Equifax, Experian and TransUnion on hundreds of millions of people are used to create ...

Read More »

US consumer borrowing up as credit card use rises

WASHINGTON — Americans increased their borrowing in May at the fastest pace in a year. Borrowing in the category that includes credit cards reached its highest point since the fall of 2010. Increased borrowing typically means that consumers are feeling ...

Read More »

Wal-Mart opposed to $6B card fee settlement

BENTONVILLE, Ark. — Wal-Mart Stores Inc. urged retailers to reject a proposed $6 billion settlement that Visa Inc., MasterCard Inc. and major banks have agreed to pay retailers for alleged fee fixing. The settlement, reached earlier this month, had been ...

Read More »