Free Republic 3rd Qtr 2020 Fundraising Target: $88,000 Receipts & Pledges to-date: $17,629
Woo hoo!! And we're now over 20%!! Thank you all very much!!

Keyword: creditcards

Brevity: Headers | « Text »
  • Beto demands banks, credit card companies 'cut off' firearms sales to law-abiding citizens

    09/17/2019 8:51:47 PM PDT · by Beave Meister · 72 replies
    The Washington Times ^ | 9/12/2019 | Douglas Ernst
    Presidential hopeful Beto O’Rourke says a dearth of new gun control laws is no excuse for inaction by banks and credit card companies. The Democrat took to Twitter on Thursday to blast financial institutions for not acting in the absence of legislation passed by Congress and signed into law by President Trump. “Credit cards have enabled many of America’s mass shootings in the last decade — and with Washington unwilling to act, they need to cut off the sales of weapons of war today,” he began a series of tweets. “Banks and credit card companies must: 1. Refuse to take...
  • New study highlights just how bad Americans are with credit cards

    03/16/2019 11:53:11 AM PDT · by Libloather · 44 replies
    Yahoo ^ | 3/16/19 | Aarthi Swaminathan
    A new study details how Americans manage credit cards and how stressful credit debt can be. **SNIP** “The most shocking find to me was how many Americans carry credit card balances month to month,” Tommy O'Shaughnessy, an analyst at Clever Real Estate Analyst and the author of the report, told Yahoo Finance. Nearly half of the respondents (47%) carried some amount of credit card debt month to month, according to the survey, with 72% of borrowers carrying more than $1,000. “With the average 17.64% APR, that debt compounds quickly and can become unmanageable for lower income families,” O'Shaughnessy noted.
  • The rise of financial blacklisting

    01/12/2019 9:01:00 PM PST · by Tolerance Sucks Rocks · 27 replies
    Spectator USA ^ | January 8, 2019 | James Delingpole
    Can you imagine how scary it would be to live in a world where your livelihood depended on having the ‘correct’ politics? It’s the sort of thing you might expect of totalitarian regimes – Baathist Iraq under Saddam Hussain; everywhere that has ever tried communism; increasingly, Xi’s panopticon China – but definitely not of any liberal democracy in the 21st century. That dystopian future, though, may be much closer than you think. I only properly appreciated this recently when the podcast I’ve been doing for the last few years was mysteriously dropped by my regular employer, forcing me to seek...
  • Dow rallies 1,000 points, logging its biggest single-day point gain ever

    12/26/2018 12:19:40 PM PST · by Candor7 · 164 replies
    CNBC ^ | 26 Dec. 2018 | Fred Imbert & Eustance Huang
    Stocks rose sharply in volatile trading on Wednesday as surges in retail and energy shares helped Wall Street regain the steep losses suffered in the previous session. The Dow Jones Industrial Average traded 657 points higher as of 3:05 p.m. ET, while the S&P 500 gained 3.05 percent. The Nasdaq Composite outperformed, rising 3.96 percent. Both the S&P 500 and Nasdaq were on track for their biggest one-day gains since Aug. 26, 2015 and erased Monday's losses. The Dow also recovered all of its losses from Monday.
  • U.S. Holiday Retail Sales Are Strongest in Years, Early Data Show

    12/25/2018 5:11:34 PM PST · by springwater13 · 53 replies
    Shoppers delivered the strongest holiday sales increase for U.S. retailers in six years, according to early data. Total U.S. retail sales, excluding automobiles, rose 5.1% between Nov. 1 and Dec. 24 from a year earlier, according to Mastercard SpendingPulse, which tracks both online and in-store spending with all forms of payment. The figures suggest a stock-market swoon and partial government shutdown haven’t curbed consumer confidence and spending. “Wall Street is running around like a chicken with its head cut off, while Mr. and Mrs. Main Street are happy with their jobs, enjoying their best wage increases in a decade,” said...
  • How Banks Unwittingly Finance Mass Shootings

    12/25/2018 8:07:09 AM PST · by rktman · 52 replies ^ | 12/24/2018 | ANDREW ROSS SORKIN
    A New York Times examination of mass shootings since the Virginia Tech attack in 2007 reveals how credit cards have become a crucial part of the planning of these massacres. There have been 13 shootings that killed 10 or more people in the last decade, and in at least eight of them, the killers financed their attacks using credit cards. Some used credit to acquire firearms they could not otherwise have afforded. Those eight shootings killed 217 people. The investigations undertaken in their aftermath uncovered a rich trove of information about the killers’ spending. There were plenty of red flags,...
  • California will launch 'its own damn satellite' as a swipe at Trump, 'Governor Moonbeam' says

    09/15/2018 4:36:14 PM PDT · by familyop · 59 replies
    Fox News ^ | 15SEP18 | Lukas Mikelionis
    "We're going to launch our own satellite — our own damn satellite to figure out where the pollution is and how we’re going to end it," Brown told the audience at the Global Climate Action Summit in San Francisco..."In California, with science under attack, in fact we’re under attack by a lot of people, including Donald Trump, but the climate threat still keeps growing," Brown added. "So, we want to know, what the hell is going on all over the world, all the time?"..."If Trump turns off the satellites, California will launch its own damn satellite," Brown said back in...
  • Credit card super-users take a $330 million bite out of JP Morgan’s revenue

    07/13/2018 4:39:07 PM PDT · by NRx · 75 replies
    CNBC ^ | 07-13-2018 | Hugh Son
    Savvy credit-card users have forced J.P. Morgan Chase to pony up more in rewards payments than the bank originally projected. Buried in an otherwise positive second-quarter earnings report Friday, in which the bank announced a record $8.32 billion profit, was the admission that credit-card customers were redeeming points faster than anticipated, resulting in a $330 million charge. “This is maybe larger than we have seen over the course of the last several years,” said Marianne Lake, the chief financial officer, during a conference call with reporters. “We do pretty regularly review our rewards liability in light of evolving consumer behavior.”...
  • Some Credit Cards are having system issues and denying charges.

    05/10/2018 5:44:00 AM PDT · by where's_the_Outrage? · 12 replies
    May 10, 2018 | Vanity
    Citibank and Barclay Credit Cards can be denied based on systems issues. Barclay readily acknowledges they have an issue but it took over 20 minutes on the phone with Citibank for them to get their administration to acknowledge they have an issue. In my specific case I was trying to buy an airline ticket but it kept getting a system error. Calls to the CC company did not fix the problem, however it was nice to find out it was their issue. It seem strange that both Citi and Barclay would have the same issue at the same time. Looks...
  • How Banks Could Control Gun Sales if Washington Won’t

    02/20/2018 7:40:39 AM PST · by The_Media_never_lie · 92 replies
    New York Slimes ^ | Feb. 19, 2018 | Andrew Ross Sorkin
    What if the finance industry — credit card companies like Visa, Mastercard and American Express; credit card processors like First Data; and banks like JPMorgan Chase and Wells Fargo — were to effectively set new rules for the sales of guns in America? Collectively, they have more leverage over the gun industry than any lawmaker. And it wouldn’t be hard for them to take a stand. PayPal, Square, Stripe and Apple Pay announced years ago that they would not allow their services to be used for the sale of firearms.
  • Anyone Else Having Problems Using Samsung Pay at Publix stores?

    08/19/2017 8:59:24 AM PDT · by PJ-Comix · 29 replies
    Self | August 19, 2017 | PJ-Comix
    I've been using Samsung Pay on my Samsung Galaxy S7 Edge and I really like it. No real issues until just a couple of days ago when I tried to use it at a Publix store. It didn't work even though I held the phone right over the same spot of the card reader that I normally do. I tried it again and again it didn't work so I ended up pulling out my Debit card and used that. Okay, I figured that maybe there was something wrong with that particular card reader. However, this morning I went to a...
  • Credit Card Question

    06/23/2017 1:54:44 PM PDT · by johniegrad · 77 replies
    Myself | Today | Me
    Purchased gas on my credit card today. Several minutes later, I received a text message from my credit card vendor asking me to confirm other purchases, none of which I had made. Contacted credit card company and they froze the account. They are expediting me a new card which I will receive Monday.I've had this happen in the past also and things are always resolved quickly and to my satisfaction. But I wonder how often this happens to other Freepers. Basically, I'd like to know how often this should be expected to happen to see if I need to do...
  • Why your credit card debt is about to get more expensive

    06/15/2017 9:59:01 AM PDT · by Lorianne · 48 replies
    source content cannot be posted due to copyright issues | 14 June 2017
    see below for link
  • [VANITY] Chip in Debit and Credit Cards. Should I Be Worried?

    04/25/2016 4:34:42 PM PDT · by Extremely Extreme Extremist · 121 replies
    EEE | 25 APRIL 2016 | EEE
    Just received my new debit card from my bank. It has a chip in it. Is this the Mark of the Beast?
  • No-frills supermarket chain Aldi to accept credit cards

    03/01/2016 2:03:22 PM PST · by Olog-hai · 76 replies
    Associated Press ^ | Mar 1, 2016 5:02 PM EST | Anne D’Innocenzio
    Aldi, the Germany-based no-frills supermarket chain, says it will now accept credit cards as it tries to attract more shoppers. Aldi had previously just accepted cash and debit cards. The move, announced Tuesday, should put more pressure on chains like Target, Wal-Mart and others. ...
  • Marco Rubio Credit Card Transactions Are Still Secret

    11/04/2015 12:40:21 PM PST · by jimbo123 · 17 replies
    JP Updates ^ | 11/4/15 | JP Business
    It has become legend in Florida political circles Marco Rubio's financial story: two years of credit card transactions from his time in the state House, when he and other Republican leaders freely spent party money. Details about the spending, which included repairs for Rubio's family minivan, emerged in his 2010 U.S. Senate race. But voters got only half the story because the candidate refused to disclose additional records. Now Sen. Rubio's past is under fresh scrutiny as he emerges as a top presidential prospect. During last week's debate, he deflected questions about his financial discipline - most recently, he liquidated...
  • New credit cards could mean serious hassles at checkout (for 10/1 deadline on who pays for fraud)

    09/30/2015 7:35:20 PM PDT · by Vision Thing · 63 replies
    CNN Money ^ | 9/30/2015 | Kathryn Vasel
    Banks have been sending out new chip-enabled credit cards, and stores have been installing new machines that require you to dip the new cards rather than swipe them. It's all aimed at keeping you safe from hackers. … new liability rules go into effect October 1 that shifts who pays for fraudulent charges. Banks used to cover any bogus transactions, but now the entity with less protection will have to cover the costs. For instance, if a chip-enabled card is used in a store that hasn't upgraded its payment system, the retailer is on the hook for any fake swipes.
  • US Credit Card Debt Is Back Near Unsustainable Levels

    09/09/2015 2:11:44 PM PDT · by blam · 35 replies
    BI ^ | 9-9-2015 | Jonathan Garber
    Jonathan GarberSeptember 9, 2015CardHub, a financial website that monitors credit card debt, says credit card debt levels in the US are on pace to increase by another $60 billion by the end of 2015. According to CardHub, such an increase would bring total US credit card debt to just shy of $900 billion, which is the level that at which it becomes unsustainable. CardHub told Financial Advisor, "We erased almost all of our first-quarter pay down, racking up a whopping $32.1 billion in new balances from April through June, the largest second quarter binge since we began conducting the Credit...
  • Banks: Card Breach at Trump Hotel Properties

    07/01/2015 12:47:38 PM PDT · by aimhigh · 11 replies
    KrebsOnSecurity ^ | 07/01/2015 | Krebs
    The Trump Hotel Collection, a string of luxury hotel properties tied to business magnate and now Republican presidential candidate Donald Trump, appears to be the latest victim of a credit card breach, according to data shared by several U.S.-based banks. Contacted regarding reports from sources at several banks who traced a pattern of fraudulent debit and credit card charges to accounts that had all been used at Trump hotels, the company declined multiple requests for comment. But sources in the financial industry say they have little doubt that Trump properties in several U.S. locations — including Chicago, Honolulu, Las Vegas,...
  • How Scammers Trick You Into Giving Up That Security Code On The Back Of Your Credit Card

    04/29/2015 2:26:20 PM PDT · by SMGFan · 23 replies
    Consumerist ^ | April 29, 2015
    There are a lot of purchases you can make with the information on the front of a credit card. But ID thieves who have the card number, name, and expiration date will still hit a speedbump if they have to enter that (usually 3-digit) security code on the back of a victim’s card. Notice that we said “speedbump” and not “dead end,” because some scammers have figured out how to get this crucial info from their victims. According to our colleagues at Consumer Reports, the security code scam works by taking advantage of the near-constant news of data breaches that...