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Debt Credit Cards

  • A new federal rule banning mandatory arbitration remains in limbo as the Senate considers a resolution to kill it.

  • Sept 15- U.S. banks, already under pressure from slower loan growth and low interest rates, could be facing yet another challenge as a rising number of Americans fall behind on their credit card payments. "A noticeable rise in delinquency rates- even from very low levels- is worth paying attention to," said Andrew Haughwout, senior vice president at the New York...

  • Americans feel safer using debit cards over credit cards, new data show, but that could be a financial risk.

  • Where you live determines what you'll pay to put a lock on your credit report.

  • Equifax trading information and the company logo are displayed on a screen where the stock is traded on the floor of the New York Stock Exchange in New York.

    Accounts on Equifax's Argentina website were protected by user name "admin" and password "admin," a potential vulnerability in security

  • NEW YORK, Sept 12- In the wake of the Equifax Inc data breach that has exposed an estimated 143 million customer records to hackers, consumer credit experts have been recommending freezing one's credit as a protection against identity theft. But most people will probably not heed the call as it is simply too hard. Credit card expert Matt Schulz, senior analyst for...

  • Businessman looking at documents with magnify glass

    The Equifax breach could affect 143 million consumers. What steps to take next to make sure you're protected.

  • The Equifax breach could affect 143 million people. What steps to take next to make sure you're protected.

  • Sept 7- Equifax Inc, a provider of consumer credit scores, said on Thursday that personal details of as many as 143 million U.S. consumers were accessed by hackers between mid-May and July, in what could be one of the largest data breaches in the United States. Atlanta- based Equifax said in a statement that it discovered the breach on July 29. It said criminals...

  • Three types of people Personal Finance

    Three Equifax executives sold company shares valued at $2 million days after a data breach was discovered, according to SEC filings.

  • Sept 7- Equifax Inc, a provider of consumer credit scores, said on Thursday that personal details of as many as 143 million U.S. consumers were accessed by hackers between mid-May and July, in what could be one of the largest data breaches in the United States. Atlanta- based Equifax said in a statement that it discovered the breach on July 29. It said criminals...

  • Sept 7 (Reuters)- Equifax Inc, a provider of consumer credit scores, said personal details of as many as 143 million U.S. consumers were accessed by hackers between mid-May and July, in what could be one of the largest data breaches in the United States. "The sheer scope of the breach is extremely troubling," said Ryan Kalember, senior vice president of the...

  • Equifax building in Atlanta.

    Equifax said on Thursday that it suffered a major cybersecurity incident that might affect 143 million consumers in the United States.

  • Sept 7- Canada's Dollarama Inc reported a better-than-expected profit for the ninth straight quarter as customers spent more at its dollar stores, helped by its policy to accept credit cards for payments. Customers spent more than twice the amount when shopping with credit cards than they did with cash transactions, Chief Executive Neil Rossy said on a...

  • American Express cards

    American Express tries a downmarket credit card to capture more of the credit card market.

  • NEW YORK, Aug 29- American Express Co is unveiling a new option that could tempt young, budget-conscious consumers into taking on credit card debt. On Wednesday, the No. 1 U.S. card issuer by spending will roll out a feature that will allow customers to borrow for big purchases like furniture, medical expenses, airplane tickets or weddings, while separating those...

  • Aug 24- Wells Fargo& Co on Thursday named Beverly Anderson head of its cards and retail services unit. Anderson has been serving since March as interim leader of the unit, which offers consumer financial services, retail services, collections and servicing. She led Wells Fargo's consumer credit card business prior to that.

  • WASHINGTON, Aug 23- American Express will end up paying $96 million to credit card customers in Puerto Rico and other U.S. territories for charging higher interest rates and engaging in other discriminatory practices, federal regulators said on Wednesday. The U.S. Consumer Financial Protection Bureau announced that more than 200,000 consumers at two of the...

  • **NEW YORK- The Federal Reserve Bank of New York issues Q2 2017 Household Debt and Credit Report, an updated snapshot of household trends in borrowing and indebtedness, including mortgages, student loans, credit cards and auto loans- 1500 GMT. LUBBOCK, Texas- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer...

  • **NEW YORK- The Federal Reserve Bank of New York issues Q2 2017 Household Debt and Credit Report, an updated snapshot of household trends in borrowing and indebtedness, including mortgages, student loans, credit cards and auto loans- 1500 GMT. LUBBOCK, Texas- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer...