Will December credit card spending bring January remorse?
News from NASDAQ:


11/28/2012 6:44 PM

 by Maryalene LaPonsie from Money-Rates.com in Personal Finance, Banking and Loans

While Frank Sinatra may have crooned about having a “merry little Christmas,” retailers estimate many consumers may be planning a merry large Christmas with respect to holiday shopping.

The National Retail Federation forecasts holiday spending will see a 4.1 percent bump this year to a total of $ 586.1 billion. That’s an average of $ 749.51 per holiday shopper.

Meanwhile, a

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Police smash global gang behind 500000 Aussie credit card thefts
News from Herald Sun:

POLICE have busted an international organised crime gang which allegedly committed the biggest theft of credit card data in Australia’s history.

Computer hackers from a Romanian syndicate got access to 100 small retail outlets where the credit card details of up to 500,000 Australians were stored.

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