How To Keep Your Debit Card Transactions Safe

Posted by administrator | 29/03/12 | Tagged Credit Card

How To Keep Your Debit Card Transactions Safe
News from San Francisco Chronicle:

Americans made $ 1.15 trillion in purchases with their debit cards in 2011, according to CreditCards.com. By 2013, the Nilson report expects more than 67% of all purchases will be made by debit cards. While many consumers choose to use a debit card in order to avoid accumulating credit card debt, they may not be aware that they could lose more of their hard-earned cash through debit card fraud than if they had used a credit card for a purchase.

As you probably know, when you make a purchase with a debit card, the money is taken instantly from your checking account. If someone fraudulently uses your debit card number, you could be responsible for some or all of their charges. According to SmartMoney.com, “If a consumer’s debit card has not been lost or stolen but there are unauthorized charges on their account, they will be protected if they report those charges within 60 days of when the statement was sent. When a physical card goes missing or is stolen, consumers have just two business days after learning about the loss to notify the card issuer; those who do will limit their losses to $ 50. O…………… continues on San Francisco Chronicle

… Read the full article
.

Related News:

You Can Swipe Your Card, Fuel Up Again
News from LoanSafe:

DUBAI ( Source: Issac John Khaleej Times, Dubai, United Arab Emirates (MCT)- – After a gap of almost five years, motorists in the UAE will be able to use credit cards to pay for fuel at filling stations. But there will be surcharge of Dh2 for every such card transaction.

The long-awaited move to permit the use of credit cards at fuel stations was announced by the UAE Ministry of Economy on Wednesday. Mohammed Ahmed bin Abdul Aziz Al Shehhi, Undersecretary of the Ministry of Economy, said the Supreme Committee for Consumer Protection has approved the request of fuel retailers to allow the resumption of credit card use for an extra charge of Dh2 as commission for every transaction.

Al Shehhi said the committee has revoked its earlier decision that prevented fuel retailers from imposing surcharges on credit card use. The earlier decision was taken at the second meeting of the Supreme Committee for Consumer Protection in 2011.

Al Shehhi emphasised the significance of several such “strategic decisions” made by the Ministry and the Supreme Committee for Consumer Protection recently to protect consumer rights and help boost economic competitiveness and growth in the UAE.

A ministry statement said the committee…………… continues on LoanSafe

… Read the full article


What to Know About Credit-Card Debt Collection

Posted by administrator | 29/03/12 | Tagged Credit Card Debt

What to Know About Credit-Card Debt Collection
News from NASDAQ:

Posted 3/29/2012 9:07 AM by Cameron Huddleston, Contributing Editor from Kiplinger in Personal Finance, Credit and Debt

| Like itDon’t like it

Year af…………… continues on NASDAQ

… Read the full article
.

Related News:

7 Final Lies About Credit Scores That Can Cost You
News from Huffington Post:

Since there are so many misconceptions about credit reports and credit scores, I broke the topic into three parts, each with seven lies (and this is the final post).

If you missed the two previous articles, click here for Lies #1-7 and click here for Lies #8-14.

You’ll find out whether you should pay off really old debt, cancel a credit card that you don’t use anymore, and pay someone to raise your credit score, just for starters.

Here are the final seven lies about credit scores that can hurt you — plus a fun way to put your credit knowledge to the test:

Lie #15: Marrying someone with poor credit hurts your credit score.

If you’re having pre-wedding jitters, don’t blame it on their credit! Getting hitched has no effect on your credit score because your credit history can never be merged with someone else’s. However, if one spouse has poor credit, that can diminish your ability to get credit together.

If you apply jointly or co-sign for a credit account, the creditor will consider bot…………… continues on Huffington Post

… Read the full article


Maxed Out
Casting a harsh light on “hard times, easy credit, and the era of predatory lenders,” this explosive documentary examines the nati…
Credit Card Finance Debt – 24″W x 16″H – Peel and Stick Wall Decal by Wallmonkeys
WallMonkeys wall graphics are printed on the highest quality re-positionable, self-adhesive fabric paper. Each order is printed in…
© 2017. Credit Card Talk