17th

April, 2015

Credit Cards in the News: April 11-17, 2015

Credit card news pops up every week and it’s not always easy to keep track of each story, especially all the stories about credit card fraud. That’s why we provide you with a summary of the top stories on CompareWallet so you can read what matters the most and not have to worry about all the other stuff. Here are the highlights for April 11-17, 2015. Target and MasterCard Settle Lawsuits over Data Breach in 2013 Earlier this week Target and MasterCard agreed to settle lawsuits over the data breach affecting around 40 million credit and debit card accounts in 2013.…

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15th

April, 2015

Bankers Predict Higher Credit Card Balances in 2015

The quarterly survey results from banking experts predict higher levels of credit card debt in 2015, which could cause consumers to have more delinquent payments. The study was a joint effort by the Professional Risk Managers’ Association and FICO, the credit scoring company. Risk officers, who are the industry’s watchdogs at financial institutions, were asked to provide insightful answers about what consumers and credit card users should expect over the next year. Concern about the Wealth Gap Just like nearly everyone else – excluding the wealthy 1%— the bank’s risk managers expressed worry about the ever growing wealth gap in…

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10th

April, 2015

Credit Cards in the News: April 4-10, 2015

Credit card news pops up every week and it’s not always easy to keep track of each story, especially all the stories about credit card fraud. That’s why we provide you with a summary of the top stories on CompareWallet so you can read what matters the most and not have to worry about all the other stuff. Here are the highlights for April 4-10, 2015. A Security Experiment Shows How Fast Credit Card Data can Travel on the Black Market An experiment conducted by the security firm, BitGlass, demonstrated how fast stolen credit card data can travel on the…

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6th

April, 2015

The CFPB Promotes Financial Health and Education

The Consumer Financial Protection Bureau (CFPB) is a federal financial regulatory agency launched in 2009 to serve as a watchdog over the financial industry. The CFPB is committed to ensuring that consumers of financial products, like credit cards, are treated fairly and that financial institutions exercise integrity and transparency while marketing to the American public. Over the past few months, the CFPB has taken a number of innovative steps to help consumers. One was the launch of a pilot program, Project Catalyst, intended to find proactive ways to help people avoid credit card defaults. The agency also issued a report…

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6th

April, 2015

Royal Caribbean Visa Signature Card Review

Cruises have become extremely popular for vacationers all over the world. One of the largest cruise liners in business today is Royal Caribbean International. Known for their majestic destinations and luxurious cruise liners, Royal Caribbean has been providing extraordinary vacations for close to 50 years. Outside of the magnificent accommodations and high-seas adventures, Royal Caribbean offers the Royal Caribbean Visa Card as a way to give back to customers so that they may earn rewards for future vacations.  Partnered with Bank of America, this rewards card allows cardholders to earn points to put towards future travel plans, as well as…

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