credit cards

SEATTLE (AP) — A hacker gained access to personal information from more than 100 million Capitol One credit applications, the bank said Monday as federal authorities arrested a suspect in the case . Paige A. Thompson — who also goes by the handle “erratic” — was charged with a single count of computer fraud and […]

Are student loans good debt that can open the door to a career or an insurmountable burden? Is all credit card debt a sign of reckless spending, or can it be a smart way to cover an expense? In general, no form of debt is inherently “good” or “bad.” What makes it good or bad […]

ALBANY, N.Y. (AP) — The New York state comptroller’s office says the nation’s four most-populated states carry the highest total amount of credit card debt, with California leading the way followed by Texas, Florida and New York. Democratic Comptroller Thomas DiNapoli (dee-NAP’-oh-lee) says in a report released Tuesday that Californians had racked up more than […]

WASHINGTON (AP) — With emails, tweets and doughnuts, the two dueling acting directors battled for control of the nation’s top financial watchdog agency, the Consumer Financial Protection Bureau, on Monday. Leandra English, who was elevated to interim director of the bureau late last week by its outgoing director, sent staff an email offering Thanksgiving wishes. […]

We’ve come back to a recurring topic: credit card debt. Mellody: Reversing the positive trend we saw in the wake of the financial crisis, when Americans were paying down credit card debt, we are now racking up debt on plastic again in a big way. According to a new report from the Nilson report, credit […]

NEW YORK (AP) — Capital One has teamed with Amazon to let owners of Amazon’s Echo smart speaker system pay their bills and get other account information through voice commands. Amazon’s Echo speakers use a voice-command service called Alexa to help users perform various tasks, such as turning on smart lights, playing music or setting […]

NEW YORK (AP) — The biggest months for adding and dropping credit cards are December and January, so now’s the time to make sure that $95 annual fee is really worth it. Chances are, it’s not. “Generally, for the average credit card holder, it is not likely they are going to use a card with […]

On Tuesday, Financial guru Deborah Owens joined Roland Martin on “NewsOne Now” to show you how not to go broke this holiday season. Owens told…

WASHINGTON (AP) — More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute. These consumers fall behind on credit cards or hospital bills. Their mortgages, auto loans or student debt pile up, unpaid. Even past-due gym membership […]

Credit card companies know there’s no free lunch, but they’re letting more customers get a taste as an enticement by gouging their existing card members. The NY Post reports: The average credit card interest rate for people with fair credit has hit a shocking 21 percent, up more than 2 percent from only a year […]

McALLEN, Texas (AP) — A South Texas police chief said Monday that two Mexican citizens who were arrested at the border used account information stolen during the Target security breach to buy tens of thousands of dollars’ worth of merchandise. But a federal official said later there currently was no connection between the arrests and […]

NEW YORK (AP) — Luxury merchant Neiman Marcus confirmed Saturday that thieves stole some of its customers’ payment card information and made unauthorized charges over the holiday season, becoming the second retailer in recent weeks to announce it had fallen victim to a cyber-security attack. The hacking, coming weeks after Target Corp. revealed its own […]