CreditCardsCo Blog Archive - July 2012 Archive
Chase: Credit Card Wins, Mortgage Modification Suits Lose
Even as Chase is still battling with its policies and public image, its credit card sector is thriving with some of the best credit card offers on the market.
Citigroup Founder: ‘Split up Investment Banking’
Citigroup’s Founder, Sanford Weill, says it’s time to split up investment banking, despite the fact he was the one who pushed it through years ago. He insists it’s no longer a viable option in a modern economy.
Concerned Over Possible FDIC Dissolution?
The FDIC program that provided temporary deposit insurance in an effort to keep small businesses banking with its those in their communities is set to expire in December. The repercussions are many.
What’s Not In Capital One’s Wallet: $150 Million
Capital One is the first credit card company to be hit by a fine from the Consumer Financial Protection Bureau. Other banks, including JPMorgan Chase and Bank of America could be next.
CFPB Now Overseeing Credit Bureaus
The successful CFPB will soon be overseeing the credit agencies in the U.S. including the three major bureaus.
The Wallaby Card
The buzz is all about the Wallaby card and how it can help consumers make the most of their credit cards.
New Credit Card Surcharge Fees
For years, lawsuits have worked their way through the American judicial system. Those fees merchants want to tack on to consumers using their credit cards are likely to appear on a receipt near you.
What is Peer to Peer Lending?
We’ve all heard peer to peer lending, but what is it and is it a viable option for those looking to secure personal loans?
Magic in Your Wallet
Another celebrity has entered the prepaid debit card market. Is Magic Johnson’s the magic cure-all for celebrity endorsed financial products?
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