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Debit Card Issuers: 30% Likely to ‘Opt In’ for Overdraft Plans

Debit card issuers expect 30 percent of consumers to “opt in” to overdraft services under new rules that prohibit financial institutions from arbitrarily imposing fees for overdrawing an...

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New Credit Card Accounts Jump 14% for 2011

Consumers regained an appetite for credit cards after a big lull following the 2008 financial crisis, with new accounts up 14 percent for 2011 compared to the year earlier. The credit...

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FTC Shuts Robo-calling Operation, Seeks $3M in Assets

The Federal Trade Commission said it shut down a Los Angeles-based robo-calling operation to settle charges that it “bombarded” U.S. consumers with more than two billion calls.Among the various...

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Report: Online Sales Average Surged 35% on Black Friday

While initial figures showed flat numbers for store sales on Black Friday, the average that online shoppers spent surged an impressive 35 percent compared to last year, according to an analysis of...

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