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The Consumer Financial Protection Bureau in its October 2013 report on the CARD Act found that between the first quarter of 2009 and December 2012, credit card interest rates increased on average from 16.2% to 18.5%, while the “total cost of credit,” that is, the total of all fees and interest paid by all consumers as a percentage of the ...
Justin Carlson, the creator of skin-selling online marketplace website SkinXchange, said underage gambling is a huge issue, and that there were "countless times" when he has called parents to tell them that their children had used their credit cards to buy items. Carlson cites cases in which underage users have bet hundreds or thousands of ...
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Plaintiffs allege that Visa, Mastercard, and other major credit card issuers engaged in a conspiracy to fix interchange fees, also known as swipe fees, that are charged to merchants for the privilege of accepting payment cards, at artificially high levels. In their complaint, the plaintiffs also alleged that the defendants unfairly interfere ...
Credit card surcharges are becoming more common, but they’re not legal in every state.
Want literally anything laser-engraved on a credit card? Custom Co. Skins has got you covered Carbon Co. Skins turns your plastic credit card into a custom-designed metal one [Video]
Well it seems that the credit card companies are taking it even further by. We've talked a lot at WalletPop about the exorbitant fees charged by credit cards, and the restrictive and confusing ...
The Song-Beverly Credit Card Act of California was passed in 1971 to protect consumer information in credit card transactions. [16] Under the act, companies may not collect personally identifiable information from consumers who purchase goods or services using credit cards.