CreditCardsMall.org News

Our credit card news section covers all recent consumer and business credit card related news, including Visa, MasterCard, Discover and American Express.

Credit Cards Transfer Money From Poor To Rich Households: Study -- What's Your Reaction? Credit cards do more than drain money from your wallet -- they may actually create an "implicit money transfer" from the poor to the rich, according..... (more)

Do Credit Cards Siphon Money From the Poor to Rich? -- A recent study published by the Federal Reserve Bank of Boston paints a revealing portrait of "reverse wealth distribution" perpetrated by credit card companies...... (more)

Credit Cards For Bad Credit -- Category: Items & Merchandise User : petter10 Date : Thursday, 29/07/10 - 16:51PM Description : Get a secured credit card no matter your credit score. Rebuild your credit..... (more)

MP slams prepaid credit cards in House of Commons -- Labour MP Geraint Davies has presented a bill in the House of Commons demanding an end to anonymous prepaid credit cards and proposing fines for credit card companies..... (more)

Hacker takes swipe at Tobyhanna credit union debit cards -- Nearly a dozen debit cards issued by Tobyhanna Army Federal Credit Union were tapped into by computer hacker who tried to make purchases in Illinois, a credit union..... (more)

Credit Cards Take From Poor, Give to the Rich -- Merchant fees and reward programs offered by many credit-card issuers essentially take money from those who have the least and give it to those who have the most, a..... (more)

Deputies: Prison Escapee Stole Credit Cards -- A man arrested for stealing credit cards from a Gold’s Gym is an escapee from the Department of Corrections, according to a release from the Anderson County..... (more)

Seek out the perfect loan -- Personal Loans have been regularly used to fund those little extras such as a holiday abroad, a new car and increasingly as a means of debt consolidation. Most people..... (more)

Unenforceable credit agreement claims -- Claims management companies lack of experience with unenforceable credit agreements, could land consumers in deeper financial trouble and even land them in court (more)

Students disappointed by broken principle -- Students will see their student loan rate dropped from 1.5% to 0% this September (more)

Sainsbury's make play for the UK loans market -- Sainsbury's the supermarket giant is making a play for the UK online unsecured personal loan market (more)

Single premium PPI 'must be withdrawn' -- Single premium Payment Protection Insurance (PPI) is the subject of a new campaign from the Financial Services Authority (FSA). The regulator has written to providers,..... (more)

Report warns of 'major change to family finances' -- Young adults in the UK are depending on their parents for financial support - and putting the older generation's finances under strain. A new report from The Children's..... (more)

BBA welcomes impact of loans scheme -- Banks have updated on the progress of the Enterprise Finance Guarantee scheme, aimed at improving loans flows to businesses. The comments, from the British Bankers'..... (more)