The Arizona Republic

Posted by administrator | 12/06/11 | Tagged Credit Card Debt

The Arizona Republic
News from Arizona Republic:

by Russ Wiles, columnist – Jun. 12, 2011 12:00 AM
The Arizona Republic

Plenty of people are stressed these days as they struggle to pay down debt. But many sure seem to like the feelings they get from swiping their credit cards or taking out other loans.

In a new study that touches on the sociological impact of spending and debt, researchers detected a heightened sense of empowerment and control among certain young credit-card users and student-loan borrowers. This sentiment was pronounced among those from lower-income groups who, presumably, will have a tougher time paying off their IOUs.

The study involved young adults. The more debt incurred by those in the 18-27 age group, the higher their self-esteem and the more in control they felt,…………… continues on Arizona Republic

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Credit card data taken from 200000 customers

Posted by administrator | 12/06/11 | Tagged Credit Card

Credit card data taken from 200000 customers
News from Appleton Post Crescent:

The Citibank logo is shown on a branch office in New York. Hackers have accessed the credit card information of tens of thousands of Citigroup’s North American customers. The New York-based bank didn’t say exactly how many accounts were breached. associated press

Written by
Pallavi Gogoi and Kelvin Chan

…………… continues on Appleton Post Crescent
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News from CBS News:
(CBS News)

Computer hackers recently shut down Sony PlayStation for weeks.

They’ve also breached other well-known companies, including Google and Yahoo.

Their latest target – Citibank — where they stole the credit card information of some 200,000 customers in North America.

But on “The Early Show on Saturday Morning,” personal finance expert Carmen Wong Ulrich shared advice to help you protect your personal information, and explained what to do if you learn hackers have gotten their hands on it.

If you’ve been hacked, she told co-anchor Betty Nguyen, “The first line of defense is always your passwords, and the information on your computer. Make sure you go right to your computer, change your log-in information and password information on everything from your credit card accounts to where you shop through retailers and your email, as well because, as we saw — Google and Yahoo – the hackers are coming in from everywhere.”

Ulrich, author of “The Rea…………… continues on CBS News
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