If you have a good credit history, these offers can be smart investments, particularly if you’re planning to buy a big-ticket item such as a computer or home appliance. You can have well over a year to pay it off interest-free — but just remember to make the final payoff before the 0% period ends.
An amended rule made final Monday by the Consumer Financial Protection Bureau makes it possible for stay-at-home consumers to have the income of their spouses or partners considered when applying for a credit card.
An estimated 10.8 percent of U.S. adults – 25.6 million people – were victims of one or more of frauds in 2011, led by incidents of bogus weight-loss products and prize promotions, and unauthorized billing for a buyers’ club membership or Internet services.
A recovering economy and “overall stabilization” across the credit card market has led to a resurgence in attractive 0% introductory interest rates and initial rewards bonuses, according to CardHub.com’s first-quarter update.
The Consumer Financial Protection Bureau went live Thursday with its database of financial complaints from Americans, making public information on more than 90,000 individual cases regarding mortgages, credit cards, bank accounts and other products or services.
The victory by First Premier Bank — an issuer known for charging subprime consumers triple-digit fees for cards with low credit limits — now allows all card providers to charge pretty much what they want to open an account.
FICO, the pioneer and still-dominant credit scoring company, is partnering with FactorTrust, a provider of underbanked consumer data and analytics. The companies plan to develop new credit-risk assessment models to better serve these consumers.
American Express Chairman and Chief Executive Ken Chenault received $28.5 million in 2012, an increase of 23.7 percent over the previous year, making him one of the highest paid chief executives of a U.S. financial services company.
Many mobile payment users may not realize that their protections against fraudulent or unauthorized transactions can vary greatly depending on the underlying funding source.
Created from Wall Street reform to prevent lender abuses of the past, the Consumer Financial Protection Bureau today reminded Americans that they can go online, file and track a complaints about credit cards, mortgages, bank accounts and services, student loans, vehicle and other consumer loans, and credit reporting.