Credit card interest the national average APR rose to 15.01 percent

The national average APR rose to 15.01 percent Wednesday, after remaining at 15 percent for six straight weeks. This is just the seventh time this year that the national average has risen.

New Data Breach Compromises Sensitive Information

The news broke on Friday and it was a whopper. It’s believed 3.6 million social security numbers and close to 400,000 credit card accounts were exposed when a number of cyber attacks were carried out on the South Carolina Department of Revenue.

Review: Highest Credit Score in U.S!

Ever wondered who has the highest credit score in the country? Did you even know it’s actually a statistic that’s well-kept every year? Meet Tom Pavelka, the man with the highest credit score in the United States.

The second consecutive year Fifth Third Mortgage Company has exceeded the national average.

Cincinnati – Fifth Third Mortgage Company, a subsidiary of Fifth Third Bank, and the 13th largest originator in the country (Inside Mortgage Finance, Second Quarter 2012) continues to outpace the industry in permanent modifications in the government's Home Affordable Modification Program (HAMP).

Must not be allowed the mortgage fraud

Just when you think it’s safe to assume the worst is over in the struggling mortgage sector, another kind of fraud makes its way into the spotlight. This time, it’s mortgage flopping and here’s why it’s called an actual fraud.

To be happy four ways your credit card to rule the money the right

Can your credit card buy you happiness? Experts say yes -- as long as you spend your money on the right things. And here's a hint: Splurging on the latest high-tech gizmo or to redecorate your family room aren't on the list.

Issuing companies want to issue one billion microchip-enabled credit cards for students!

Did you know that a new report reveals that credit card companies are targeting college students in a new effort to issue one billion (yes, that’s billion) microchip-enabled credit cards? And they’re trying to get all one billion issued by 2016.

Complaints about student loan similar complaints about mortgage services

The director and ombudsman of the Consumer Financial Protection Bureau is saying the number of complaints his office is receiving over student loans are similar to those that the bureau has been receiving about mortgage servicers.

Credit card companies make dumb mistakes

We tend to have a love/hate relationship when it comes to our credit card companies. We love them when they're allowing us to buy things when we want to, and when they're providing us with unrivalled consumer protections against criminals and shysters.

The Benefits Of An Unsecured Card By Discover Is Worth It

It's important to have a credit card for life's emergencies. If you don't have good credit, that's okay. The Matrix Unsecured Card by Discover caters to your situation. You can apply for the card and not have to worry about securing the card, either.

Cyber attacks on Capital One in arranging hackers from Saudi Arabia

In the ever-deepening computer hack problems for U.S. banks, a new link has been found and in a place few analysts had even considered. Saudi Arabia could be the heart of where these denial of service attacks are coming from.

Online gambling legal field

Thwarted by federal law and entangled in a knot of often contradictory regulatory and judicial rulings, millions of American credit card users eager to place online wagers are finding that their state governments may be their best bet.

CFPB’s 3 Largest Credit Card Enforcement Actions

We’ve reported on all three of the big fines handed down by the Consumer Financial Protection Bureau over the past few months. Some might say this new government agency has done more in the past 90 days than what Congress has managed over the two years.

Bank of America pay $2.43 billion for the acquisition of Merrill Lynch

Bank of America announced it would settle its ongoing class action lawsuit that goes back to its Merrill Lynch acquisition – and it’s going to cost the bank $2.43 billion.

Credit cards have entered a new stage of competition that is very rewarding to consumers.

Credit Card RatesCredit card companies are refusing to move the needle on credit card interest rates. This week, a credit card survey revealed that the average credit card available on American shores carried a 15% interest rate, no change from previous surveys.

JPMorgan Chase is the first American bank to use MyStandards

A member-owned cooperative through which financial institutions exchange messages has added the nation's biggest bank to a new system for managing standards that govern transactions.

Standard perks in Credit cards

You can see why Citi would focus its marketing on the telegenic experiences that its Private Pass service offers. But, in common with most big-name credit card companies, it offers other perks that are probably much more valuable to most of its customers.

Reserve Bank of Australia has decided to decrease the nation’s interest rate

The Reserve Bank of Australia has decided to decrease the nation’s interest rate by 25 basis points, cutting it to 3.25%.