These days more credit card customers are paying their bills on time than they have over the course of the last decade. A report released earlier today by the American Bankers Association indicates that delinquencies on credit cards are currently at an 11-year low, with only 2.93 percent of credit ac…
Credit cards may make our lives twice as easy, but they can just as easily make it three times as difficult. And we’re not talking about the kind of difficult where you find out that a box of Corn Pops has sent you over your measly credit limit.
If you have a Visa Card, MasterCard or Discover Card, you’d better keep a close eye on your bills. Global Payments, a third-party processor of credit card payments, said Sunday that a data breach it experienced last week may have compromised about 1.5 million card numbers.
Most people use credit cards to pay for things. Whether it's big ticket items or something small, some just think it's easier to use a credit card then to carry around cash. Nothing's wrong with using a credit card, you just have to make sure you pay it off every month.
Retailers reported robust numbers on Black Friday last year, which surprised some analysts because the economy is still struggling and unemployment is high. But new data from the Federal Reserve shows where much of that money came from: credit cards.