In early February, The Chicago Tribune reports that a security breach resulted in the exposure of personal and financial data of thousands of mortgage borrowers. The data includes Social Security numbers, credit and bank account information, as well as...
Newcomer Rep. Alexandria Ocasio-Cortez targeted Equifax over a tweet during the weekend. In her tweet, she stated that the company, together with other similar agencies in the United States, plays a great role in determining the credit scoring system...
Total consumer credit topped a record $4 trillion, the Federal Reserve said. The figure is broken down to almost $1.2 trillion in auto loans; around $1.6 trillion student loans; and $1 trillion in consumer credit mostly from credit cards....
Wells Fargo customers in all parts of the United States are experiencing major outrage as ATMs, money transfers, online banking system and credit cards are all down due to systems issues this Feb. 8, 2019. Many customers are unable to...
More than exposing their income and letting people know their real age and weight, it seems that individuals are more ashamed of letting others know their credit score. After all, this aspect reflects not only their living expenses but...
Matt Eagan from CNN Business reports that more companies are expected to default on their debts. This comes after global corporations such as Toys ‘R’ Us and Gymboree defaulted. Credit portfolio managers anticipate multinational corporations to do the same. In...
Alaska tops the list of US states with the highest credit card debt burden, according to a report recently published by 24/7 Wall St. The financial news and opinion website said in its report that an average resident in...
Nearly half of credit card consumers have been victims of fraud, according to a survey conducted by Riskified, an e-commerce fraud prevention company. The survey that questioned 5,000 American shoppers over 18 revealed that 49% of the respondents said they...
With the Select Credit Card, Nationwide aims to help their customers kickstart their credit card purchases. Nationwide offers the Select Credit Card, a card with 0% interest on purchases for 12 months (3 months for balance transfers). Aside from this...
HSBC is making credit card ownership a valuable experience for Canadians. Customers who make transactions using their HSBC Mastercard will receive 1 point per $1 they spend on eligible purchases. However, the bank notes that only customers who are...

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