Posted on Saturday, 5th May 2012 by Rebecca Ortiz
Whens the last time you checked your credit report? Have you watched a medical bill slowly bring your credit scores down? Have you battled the insurance company and medical facility that reported a bill as delinquent? There is a very good chance you can relate to the frustration associated with derogatory reports due to old [...]
Tags: Credit
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Posted on Friday, 13th April 2012 by Rebecca Ortiz
Consumers love to receive credit card rewards from their spending. So long as cardholders pay their balances in full and on time, these benefits come at no cost to themselves. At the same time, a different situation exists for merchants who accept credit cards. They must pay merchant fees that typically consume 3-5% of the [...]
Tags: Credit Card, Rewards
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Posted on Tuesday, 20th March 2012 by Rebecca Ortiz
For some time, weve known credit card companies have been in heated competition for your loyalty. Everything from lower APR, to waived annual fees to bonuses that are designed to impress, its all about bringing the American consumer back into the credit-fied world. Unfortunately, the credit card industry has faced tough scrutiny when it comes [...]
Tags: Bonuses, Bonuses Raise
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Posted on Sunday, 11th March 2012 by Rebecca Ortiz
PayPal is continuing its aggressive expansion into physical retail and is developing multiple strategies for attack. Last month the payment processor made a splash with its entry into Home Depot and its plan to subsidize the processing costs of retailers who agree to add the PayPal option to their point-of-sale (POS) terminals. Now we learn [...]
Posted on Monday, 5th March 2012 by Rebecca Ortiz
In 2004, PBS’ Frontline and the New York Times came out with an investigative report called The Secret History of The Credit Card. In it, employees of credit card issuers disclosed the industry slang used to refer to their two types of credit card users. So-called Revolvers were the people who carried a balance each [...]
Tags: Card, Credit Card
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Posted on Wednesday, 8th February 2012 by Rebecca Ortiz
One of the most selfless acts we can do for one another is look out for those who might be struggling. There are many incredible charities that serve as the vehicle for extending a helping hand. The credible ones will ensure a smooth transition every time and will never cause you to lose sleep and [...]
Posted on Friday, 27th January 2012 by Rebecca Ortiz
All types of unattended point-of-sale (POS) terminals can be programmed to not process credit card transactions above a pre-set amount. There are also, however, limits on the highest allowable amounts that merchants can process on cards at unattended terminals, which are set by the Associations and exceeding them leads to automatic chargebacks. Visa issuers use [...]