Using credit cards is a lot like investing in the stock market. They can be very rewarding, but there are a lot of pitfalls to avoid. Those who use credit cards wisely enjoy the convenience, security, and rewards that many cards offer. Those who don't use plastic responsibly end up with a mountain of debt.
This Country Just Capped Credit Card APRs: Should We?
Some people think the United States should cap the interest rates credit card companies are allowed to charge, but the prospect of maximum APRs doesn’t sit well with some lawmakers, not to mention the financial services industry. But banks here might want to take note: The United Arab Emirates, a place infamous for its sky-high [...]
MasterCard Inc. on Thursday said it recorded a $495 million charge in its fourth quarter to cover potential losses related to a lawsuit brought by retailers over the fees they pay on credit card transactions.
MasterCard takes $495 million charge to cover potential loss in merchant credit card fee suit
NEW YORK, N.Y. - MasterCard Inc. on Thursday said it recorded a $495 million charge in its fourth quarter to cover potential losses related to an ongoing lawsuit brought by merchants over the fees they pay on credit card transactions.
Even though millions of consumers take the time to compare credit card offers online every month, television advertising still plays a key role in helping us decide which brands we trust and what cards to avoid.
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