Don’t celebrate paying off a credit card with more spending
News from Christian Science Monitor:

All too often, debt is an unbreakable cycle. Splurging after getting debt under control only continues that cycle.

For a lot of people, debt is a cycle.

Skip to next paragraph

Trent Hamm

The Simple Dollar is a blog for those of us who need both cents and sense: people fighting debt and bad spending habits while building a financially secure future and still affording a latte or two. Our busy lives are crazy enough without having to compare five hundred mutual funds – we just want simple ways to manage our finances and save a little money.

Recent posts

  • 05.04.12
    Don’t celebrate paying off a credit card with more spending
  • 05.02.12

… Read the full article
.

Related News:

Sally Herigstad: Dealing with a spouse’s secret credit card debt
News from CreditCards.com:

By Sally Herigstad

To Her Credit

Sally Herigstad is a certified public accountant and the author of “Help! I Can’t Pay My Bills: Surviving a Financial Crisis” (St. Martin’s Press, 2006). She writes “To Her Credit,” a weekly reader Q&A column about issues involving women, credit and debt, for CreditCards.com.

Ask a question.

To Her Credit archive

Dear To Her Credit,
My husband just informed me that he has been hiding $ 25,000 of debt from me. We have been married two years. I knew he had debt when we were dating. It was appr…………… continues on CreditCards.com

… Read the full article


Cutting up the Credit Card – 24″W x 16″H – Peel and Stick Wall Decal by Wallmonkeys

  • ALL orders CUSTOM printed. When you place an order, the image is made in the USA, just for you!
  • Printed on WHITE, premium, self-adhesive, re-positionable fabric paper.
  • No nails, frames or glue. No professional installation required.
  • Simply peel and stick! Easy to remove and re-apply.
  • BE SURE you ordered the right size for your intended use!!

WallMonkeys wall graphics are printed on the highest quality re-positionable, self-adhesive fabric paper. Each order is printed in-house and on-demand. WallMonkeys uses premium materials & state-of-the-art production technologies. Our white fabric material is superior to vinyl decals. You can literally see and feel the difference. Our wall graphics apply in minutes and won’t damage your paint or leave any mess. PLEASE double check the size of the image you are ordering prior to clicking the ‘ADD

List Price: $ 33.99

Price:

Visa Profit Rises 30 Percent As Card Use Rises

Posted by administrator | 04/05/12 | Tagged Credit Card

Visa Profit Rises 30 Percent As Card Use Rises
News from TheStreet.com:

PALLAVI GOGOI

NEW YORK (AP) — Visa said Wednesday that its profit for the first three months of the year was up 30 percent from the year before, primarily because credit card use rose in the United States and overseas. The company said Americans rang up 12 percent more on their charge cards for the quarter. Debit card use grew by only 4 percent to $ 284 million, however, the slowest growth in a year. Banks have eliminated some debit card rewards programs since October, when the government limited the fees banks can charge stores for card transactions. Like MasterCard, Visa makes money by processing card transactions for banks and other issuers. Visa has dominated the market for debit card transactions, which is why the slowdown isn’t good news. There’s also evidence MasterCard is swiping some market share in debit cards: Its U.S. debit card transactions grew by 21 percent to $ 152 million. For the quarter, Visa said its net income was $ 1.3 billion, or $ 1.60 per share. Wall Street was expecting $ 1.51. Revenue rose 15 percent to $ 2.6 billion. Wall Street was expecting $ 2.48 billion. Visa CEO Joseph Saunders told stock analysts that the company had received requests for information from the Justice Department’s antitrust division related to debit card fees. Saunders said the company complied and met with the Justice Department twice in March. He said the Justice Dep…………… continues on TheStreet.com

… Read the full article
.

Related News:

Thieves use Bluetooth technology for credit card fraud
News from WSB Atlanta:

Credit card fraud has taken a high-tech twist. Thieves using Bluetooth and other wireless technology can skim personal information from a credit card without the owner’s knowledge.

Channel 2’s Tom Regan found out the technology to skim credit cards is easy to buy.

In the split second it takes to swipe a credit card, criminals can copy, clone an account and take off on a spending spree. A Cobb County man said he was a victim, and the thief racked up $ 80,000 in charges in one month.

“Every day I was in a panic about what he was going to do next. I would get random calls from different companies saying there was a new account opened,” Art Zeigler told Regan.

The suspect in that case was arrested at a casino driving a jaguar rented with a counterfeit card in Zeigler’s name.

“The guy purchased all kinds of stuff. He purchased fur coats, Xboxs, jewelry, diamonds, clothing. He had his teeth whitened. The list goes on and on. They found all kinds of stuff in his truck for Christmas presents,” said Zeigler.

Identify thieves often use equipment they purchase legally online. Regan was able to purchase skimming equipment online with no questions asked.

Waiters and other employees who process transactions can use small skimming devices to secretly copy a card’s magnetic strip.

“This is a phone with a card reader built in,” Sgt. Paul C…………… continues on WSB Atlanta

… Read the full article


MW30170-BR Cowhide 4″ x 2.75″ Brown Leather Slim Line Credit Card Holder
Like only keeping your valued credit cards with you? This is a perfect slim-line credit card holder. Easy access and excess space …
Sea Green Credit Card ID Case for Apple iPhone 4, 4S (AT&T, Verizon, Sprint)
This is a universal hard case for both versions of the iPhone 4 (AT&T & Verizon). It will protect your iPhone 4 from scrapes and …
© 2017. Credit Card Talk