How to Survive a Merchant Account Termination
A shutdown of your merchant account is a big deal and can take a long time to recover from it, but if you follow these suggestions, you can succeed....
CARD Act Saves Americans $21B a Year
The CARD Act's fee reductions have saved American consumers $20.8 billion a year; consumers with the lowest FICO scores have experienced the greatest benefits....
The Clash of Credit Card Titans: How China UnionPay Is Surging Ahead
China UnionPay - the Chinese credit card champion - is about to overtake MasterCard by processing volume and is likely to surpass Visa in as few as 2 - 3 years....
Sinking Deeper into the Debt Hole
Even as Americans as a whole have been paying off debt since Lehman's collapse, the debt owed by consumers who have been late paying their bills has increased....
Stricter Debt Collection Laws Reduce Credit Availability
Even marginally stricter regulation leads to a substantial reduction of the number of new revolving lines of credit -- available credit card balances....