News tagged with credit card debt
Cuts to rewards plans unlikely to hurt credit card use, study shows
Jul 20, 2009 |
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What would happen if credit card holders no longer received rewards? Not much - but it could cut consumer credit card debt, says a new study on the impact of rewards programs on credit and debit card use.
Delving into the murky metrics of financial risk
Feb 25, 2009 |
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(PhysOrg.com) -- The way J. Michael Collins sees it, United States consumers aren’t necessarily less informed about financial risk than consumers from other industrialized nations. What Americans do have, ...
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Just in the time for holiday shoppers: Personal finance professor offers advice on breaking credit addiction
Nov 19, 2009 |
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(PhysOrg.com) -- An October survey of 3,800 consumers by the National Foundation for Credit Counseling found that more than two thirds (68 percent) planned to pay in cash for their holiday purchases this year, ...
Research finds customers' fixation on minimum payments drives up credit card bills
Oct 06, 2008 |
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New research by the University of Warwick reveals that many credit card customers become fixated on the level of minimum payments given on credit card bills. The mere presence of a minimum payment is enough to reduce the ...
Economist says renewed financial crisis looms unless government acts
Jan 23, 2009 |
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(PhysOrg.com) -- Another crippling financial crisis looms unless the U.S. government thaws credit markets that are starting to freeze up amid a lingering and deepening recession, a University of Illinois economist ...
Swipe Your Credit Card on a Cell Phone
Dec 07, 2009 |
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(PhysOrg.com) -- With a small card reader that attaches to a cell phone, a new company is making it easier for small businesses and even individuals to accept credit card payments. The San Francisco start-up, ...
No need to tighten your belt -- credit crunch will worsen obesity epidemic
Aug 06, 2009 |
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Levels of debt have been associated with an increased risk of being fat. Researchers writing in the open access journal BMC Public Health blame the trend on the high price of healthy food, and a tendency for people worrie ...
Study: Credit crisis, debt load a double whammy for investment
Nov 09, 2009 |
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Firms with heavy long-term debt that came due amid the nation's recent credit crisis slashed investment more than three times as much as companies whose paybacks ducked the meltdown, a new University of Illinois study found.
Hacker pleads guilty to huge theft of card numbers
Sep 11, 2009 |
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(AP) -- A computer hacker could spend more than 15 years in prison now that he has pleaded guilty to some of the largest thefts of credit card numbers.
Hacker seeks reduced sentence, citing Asperger's
Dec 17, 2009 |
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(AP) -- A computer hacker who was a force behind one of the largest cases of credit card theft in U.S. history says he has a developmental disorder and is asking for a reduced sentence.
Radisson computers accessed without permission
Aug 19, 2009 |
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(AP) -- Radisson Hotels & Resorts said Wednesday its computer systems have been accessed without authorization, affecting an unknown number of people.
Sony TVs to have electronic money function
Electronics / Consumer & Gadgets
Mar 02, 2009 |
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Sony's new liquid crystal display televisions will have an electronic money function to make it easier for users to pay to watch movies and programmes, the company said Monday.
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