Would You Pay by a Credit Card if a Retailer Charged a Fee for It?
Merchants are getting paid $7.25B by Visa and MasterCard in an antitrust settlement and are now allowed to place surcharges on credit card payments....
Author: UniBul
Free Lunches, Interchange Zero and 35-Percent Processing Fees
Creating buzz around a mobile payments service is fine, so long as the taglines are not too outrageous. However, "Interchange Zero" crosses the line....
Your Credit Score Just Got Better
A new version of FICO, the most widely used credit score model in the U.S., has doubled the share of the highest-score consumer category....
Credit Card Defaults, Delinquencies May Be down, but Interest Rates Are Up
Credit card interest rates are high and rising, even as delinquency and default rates are at record lows and falling....
U.S. Credit Card Debt up by Most since before Recession
The latest Federal Reserve data show that U.S. consumer credit card debt has risen by the biggest amount since before the Great Recession started....