Feds: Group stole credit card numbers, bought hundreds of thousands of dollars …
News from Orlando Sentinel:

Federal authorities have accused owners of an Orlando mobile-phone business of using stolen credit=card numbers — obtained via “skimming” devices implanted at gas stations — to buy hundreds of thousands of dollars of merchandise at area stores.

Robin Miguel Corrales Castro, 35, and Silvio Leon, 38, co-owners of Simple Mobile, were arrested Tuesday on charges of conspiring to produce, use or traffic in one or more counterfeit devices, following a several month U.S. Secret Service investigation.

Three others are also accused of participating in the credit-card scheme, according to a criminal complaint filed in Orlando federal court this week: Ivan Malagon, Lazaro J. Corrales Castro and Federico Martinez.

Agents say the group obtained credit-card numbers from ski…………… continues on Orlando Sentinel
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Can You Apply for Credit After Chapter 13 Bankruptcy?
News from Fox Business:

Dear Credit Care,

In March 2011, my husband and I filed Chapter 13, and it was approved by the courts. We are paying our monthly payments to the trustee and will continue paying for five years. My question is: Can we try to apply for a credit card just for emergencies? 

– Debra

Dear Debra,

Filing a Chapter 13 bankruptcy means that you and your husband were required to attend a credit counseling session before you could file. You were also required to submit a repayment plan to the courts to pay your priority, secured and unsecured debts.

*Priority debts include most taxes and bankruptcy proceedings fees.

*Secured de…………… continues on Fox Business
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Consumers use mobile credit card apps to manage debt

Posted by administrator | 02/11/11 | Tagged Credit Card

Consumers use mobile credit card apps to manage debt
News from Debtmerica Relief:

Consumers who have been trying to deal with their outstanding credit card debt responsibly may now be more likely to turn to mobile solutions to handle their accounts.

The number of consumers who are using their smartphones to access credit card account information grew significantly between December 2010 and June 2011, according to a report from the digital information tracking company comScore. In all, nearly 18.4 million consumers used a mobile browser to access credit card information, up 23 percent from the previous…………… continues on Debtmerica Relief
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More banks back away from debit card use fees
News from CreditCards.com:

Wells Fargo, SunTrust, Regions Bank will not impose controversial fee

By Connie Prater

See updated story:  Bank of America reverses course, drops controversial debit card fee.

The list of banks backing away from charging customers debit card use fees has grown amid continued public outcry and a campaign urging customers to switch banks in protest of the fees.

Wells Fargo abruptly yanked the $ 3 monthly debit card use fee it began testing just two weeks ago in five states.

“The program was pulled Friday,” Wells spokeswoman Lisa B. Westermann, confirmed in an email. “No customer ever received the fee because the pilot just began Oct. 14.” The bank posted its decision on its Facebook page late Friday and got a flood of comments from followers.

SunTrust Bank, which launched a $ 3 debit card fee for “Everday Checking”…………… continues on CreditCards.com
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