Credit Cards Blog

When you’re mad as heck at your credit card issuer, I bet you at least once thought about screaming into the phone …”I’ll see you in court!” I hate to prick your bubble, but it’s probably an empty threat.  The Supreme Court ruled Tuesday that consumers who sign credit card agreements with arbitration clauses can’t

Holy moly, it looks like it was an expensive holiday season. A new report released from the Federal Reserve on Monday showed consumers charged more in November. Revolving credit (aka credit card debt) rose to $798.3 billion from $792.7 billion the previous month. Not only is that the third month in a row credit card

The worldwide headlines read like an international spy novel with credit cards as the currency of destruction. First strike: A Saudi Arabian hacker rumored to live in Mexico exposes at least 6,000 legit credit card accounts online belonging to Israeli citizens. Second strike: Israeli hackers allegedly are ready to leak the details on thousands of credit

A national law firm is still soliciting consumers who were allegedly wronged by the “viking” credit card company. Hagens Berman is looking for more names to add to a consumer-rights class-action lawsuit filed against Capital One in June. The lawsuit alleges the issuer misrepresented its zero percent balance-transfer offer when it applied payments meant to

It’s the new year, and many of you are probably committed to bettering yourself in 2012. Maybe you plan to eat healthier or fit in more exercise? Refocus your career? How about improving your credit score? A new survey released Tuesday from the National Foundation for Credit Counseling found that almost a quarter (24 percent)

Here’s yet another example of “the customer is always right,” especially when it comes to fees for financial products. Last week, Verizon Wireless said it would start charging subscribers $2 for every payment made online or over the phone with a credit card. The company said the new “convenience fee” would cover transaction costs and

Ever want to team up with your Facebook friends to donate to charity or buy a gift for a mutual friend? You can now using Citi rewards points. The credit card issuer unveiled a new Facebook app Tuesday that allows you and your Facebook friends to pool Citi ThankYou rewards together for one purchase or

At long last, the checks are in the mail. For the more than 10 million credit card customers who filed claims in an antitrust class-action lawsuit over foreign-currency conversion fees charged between 1996 and 2006, the settlement checks are on the way. The first checks were mailed to consumers in late November, and the mailings

The days of 2011 are counting down. But there’s still time for you to snap up a free credit report. Wondering how you did creditwise in 2011?  Perusing your credit report will allow you to check out every single credit card account you have opened and review all your consumer loan accounts such as home

American Express is turning up the heat on Nelly over an unpaid $20,000-plus credit card debt. American Express filed a lawsuit in a Missouri court in October against the rap star, whose real name is Cornell Iral Haynes, Jr. American Express is seeking the payment of a $20,403.64 credit card bill, which they claim Nelly never