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mauritius: ameenah gurib-fakim resigns over credit card scandal


according to her lawyer, the president will leave office on march 23 after scandal involving use of an ngo credit card.






mauritius president denies reports of financial misconduct


johannesburg (ap) — a financial scandal is threatening to unseat africa’s only female head of state, the president of the indian ocean nation of mauritius. president ameenah gurib-fakim, whose role is mostly ceremonial, faces allegations that she used a credit card provided by a non-governmental group to buy luxury goods. gurib-fakim said this week that […]






the one-card solution can swipe away credit card overload


credit card maximizers make carrying multiple cards their hobby, using this one for groceries and that one for travel, juggling due dates and rewards categories. but most people prefer to spend their time on other things. if the idea of chasing credit card rewards as a pastime doesn’t appeal to you, using just one credit […]






does your credit card make you feel more attractive? wells fargo wants to know


wells fargo is eager to move on from the scandal involving bank employees opening millions of accounts for customers without their permission. first, however, it has a few questions for credit card holders. among other things, it wants to know how they feel about the following statements, on a...






wreck your rental car? your credit card could help


"consumers can often be confused about what their credit card does and doesn't cover," says loretta worters, spokeswoman for the insurance information institute . "that's why it's important that they contact their insurance agent as well as their credit card company before signing that contract."






how parents with less-than-stellar credit can help their kids get a credit card


parents with less-than-perfect credit: you can still help your teenager or young adult child get a credit card and start building a strong credit history. your credit history isn't shared your credit history and scores are yours alone. a person who shares an account with you shares only the history...






american express to solely take over the hilton credit card


new york (ap) — american express will become the exclusive credit card issuer for hilton hotels, the company said thursday, a major success for a business that has been facing increased competition. the new york-based credit card company will be the sole issuer of the hilton co-branded credit card starting jan. 1, 2018. currently hilton […]






the one-card solution can swipe away credit card overload


credit card maximizers make carrying multiple cards their hobby, using this one for groceries and that one for travel, juggling due dates and rewards categories. but most people prefer to spend their time on other things.






what to do when your credit card issuer blindsides you


it's easy to feel blindsided when a credit card issuer makes a negative change to your account, such as closing it, raising your interest rate, or reducing your credit limit.






oneplus attackers steal credit card data from 40,000 customersoneplus attackers


days after receiving initial reports about fraudulent activity, the mobile phone vendor reveals that attackers were able to get a malicious script onto its website that stole user credit card information.






credit card rewards take the sting out of a starter budget


as credit card rewards rates and bonuses skyrocket in value, they’ve fattened the wallets of many creditworthy consumers. but one group especially can benefit from these ever-growing offers: millennials. for folks in their 20s to mid-30s, credit card rewards can trim expenses and make travel affordable at a time when income often flows to other […]






which parts of the u.s. have the most credit card debt?


residents of several southern cities carry the highest credit card balances in the nation






pair steal $12k diamond from maplewood jeweler using bogus credit card


two still are at large with the loose, $12k stone after using fake credit card.






pay your tab without using a credit card or cash


an upgrade to mastercard's mobile payments service soon will let you open, manage and close your bar tab via your smartphone, without having to hand over a credit card.






suspect sought in credit card, identification theft


san diego county crime stoppers is offering a $1,000 reward for information that leads to the arrest of a man wanted for identity theft and using a stolen credit card in santee. the card was used oct. 31at the the parkway plaza walmart, the 7-eleven at 375 w. madison ave.and the target store at...






court sends ex-imf chief to prison in credit card scandal


madrid (ap) — spain’s national court has sentenced rodrigo rato, a former head of the international monetary fund, to 4 ½ years in prison for misusing a spanish bank’s corporate credit card. the court convicted rato of unlawful misappropriation of funds during his 2010-12 leadership of bankia, a bank that later had to be bailed […]






young and overspent? how to tackle credit-card debt


getting rid of credit-card debt can help you avoid high interest charges, boost your credit and put you on more solid financial footing. here’s how to start.






breaking down the best credit cards for travelers


if you're not obsessed with your credit card's travel perks, chances are you're not carrying the right plastic. last august, chase raised eyebrows (and sent travelers scrambling for applications) by launching what many have called the best travel reward credit card ever. the sapphire reserve has...






4 credit card trends for 2017 and what they mean for you


in 2016, high-end credit cards attracted a lot of attention with generous rewards and perks. but this year, issuers are going back to basics — and perhaps charging you more in the process. here are four credit card industry trends taking shape for 2017. 1. more bread-and-butter rewards instead...






schumer: feds need to step up credit card skimming probes


rochester, n.y. (ap) — democratic sen. chuck schumer says recent credit card skimming incidents in upstate new york show the need to step up federal investigations of the issue. schumer is urging the secret service to devote more agents and resources to counter skimming crimes. a credit card skimmer is a device that skims the […]






credit card defaults on the rise, and chicago is worst, as holiday bills come du


americans are defaulting on their credit cards at the highest rate in nearly a year, and chicagoans are leading the pack. chicago residents are now more likely to miss a credit card payment than residents of any other major city, including new york, los angeles, dallas or miami, according to the...






how to get a better credit score quickly


having a credit score doesn’t mean everything when it comes to a credit card. very often, a credit score is not enough. however, in any case you need a good one. today, we’re going to discuss credit cards and credit score in general. you will find out what to do and what not to do […]






applying for a credit card? please take a selfie


the selfie is everywhere — facebook, instagram, twitter — and soon your bank could be asking for one in order to approve your purchase or credit card application.






starbucks launches credit card, hoping to jolt sales


starbucks has a new product that it hopes will hook coffee lovers: a credit card.






what to do about heavy credit card debt


dear liz: i have a lot of credit card debt and am just able to make minimum payments. i feel like after doing this for four years now that i am not getting ahead. i will be 61 this summer and don't have much saved for retirement. my rent keeps going up along with other expenses. i have an 11-year-old...






credit card rewards take the sting out of a starter budget


as credit card rewards rates and bonuses skyrocket in value, they've fattened the wallets of many creditworthy consumers. but one group especially can benefit from these ever-growing offers: millennials.






hackers breach kmart's credit card payment system


financially-troubled sears holdings has confirmed that hackers recently breached the credit card processing system of some of its kmart stores, and that the cards of some customers could have been compromised. but sears said that neither sears nor kmart were deeply impacted by the attack — the...






uber rides into credit card market with no-fee card


new york (ap) — uber already has a home on your phone. now it wants a place in your purse or wallet. the ride-hailing giant on wednesday unveiled a new no-fee, co-branded credit card with british bank barclays that it hopes becomes a major part of consumers’ everyday spending habit. while it will use points, […]






conquer fear of credit cards now, reap benefits later


data from the consumer financial protection bureau show that about half of people ages 18 to 34 had at least one credit card in 2015, compared with 60 to 80 percent for those 35 and older. last year, an analysis of federal reserve data by the new york times found that just over a third of these young adults, or millennials, had credit card balances, an indicator of whether people are using their cards.






how to get a higher credit limit after the card company turns you down


dear liz: i asked for a credit limit increase on my visa card from $5,000 to $20,000. i was turned down because of not enough income. i was very disappointed and wonder what if anything i can do to reverse the situation. i am a 77-year-old retired widow who owns my home with no mortgage. my annual...






no surprise: wells fargo is leveraging its arbitration clause to win an advantag


followers of the wells fargo scandal, in which bank employees opened as many as 2 million checking, savings and credit card accounts behind customers’ backs in order to meet their own quotas, may have been surprised by the recent announcement that the bank would settle as many as a dozen class-action...






these firms have a novel solution to online fraud: disposable credit card number


as online payment fraud grows, start-ups think they have a solution. instead of making it harder to steal credit card numbers, they're creating card numbers that consumers won't mind being stolen: so-called "virtual cards" that expire after one use or that are locked to one merchant.






what to do when your credit card issuer blindsides you


aditya dwivedula wasn’t happy when his oldest credit card got canceled — especially since it happened without any warning. “i basically got an email saying my card is no longer valid, essentially because i hadn’t used it for two years,” says dwivedula, of seattle. concerned about how the closure of the 13-year-old account would affect […]






did artificial intelligence deny you credit?


people who apply for a loan from a bank or credit card company, and are turned down, are owed an explanation of why that happened. it’s a good idea – because it can help teach people how to repair their damaged credit – and it’s a federal law, the equal credit opportunity act. getting an answer wasn...






sprint allegedly looking to expand its credit card offering in the us


according to the latest report, america’s fourth largest carrier is planning to expand its credit card offering across the country this week.