Be There Or Be Square

If you are a small business owner and you don?t have a storefront or even a website, no worries, no longer. Now you can take someone?s credit card for payment right from your very own smart phone. It's even a free app. Now it?s hip...

Credit Card Cutbacks

But is it the consumers or the banks? Credit card debt, which has had a continuous rise since the Federal Reserve started tracking it in 1968 until September of 2008, is continuing now in a steady decline. At this time the average amount of revolving credit...

Balance Transfers, Teaser Rates and Big Fees

With the CARD act in place, many of the sources of revenue previously enjoyed by the credit card companies are now gone. No more randomly raising rates, no more double billing, no more of the underhanded tricks of the trade that ended up...

Kardashian Card Is History

The debit card that was targeted towards teens and had the likeness of the Kardashian sisters on the front has been withdrawn from the market. 250 consumers bought the MasterCard-branded ?Kardashian Kard? since it was launched on November 9 and these people...

Spending Up But Debt Down

Credit card spending is up this year over the same time as 2009 indicating a bit more confidence from consumers; however, credit card debt has dropped to the lowest level in eight years. The last time spending was up was the third quarter of 2008...

Employment And Credit Checks

If you are applying for a job and the employer requests a credit check, they can?t do it without your permission, however, if you don?t give your permission that could be the deal breaker right there. And, if you have been out of a job...

Reverse Robinhood-Take From The Poor, Give Back To The Rich

A new study from the Federal Reserve Bank of Boston has confirmed the theory that credit card rewards hurt the poor while subsidizing the rich. The report, ?Who Gains and Who Loses From Credit Card Payments? Theory and Calibrations? that was released Monday, the people...

Salvation Army Now Taking Credit Cards

No Change?.....No problem! Coming to a city near you?.. the traditional red kettles and bell ringers of the Salvation Army will soon be able to take your credit card in addition to the typical cash donation. When they tried it out in a couple of cities...