Credit News

Scanning the EMV Card

Walmart Ahead Of Competitors With EMV Cards

While most retailers in the United States struggle to catch up to the new EMV chip technology for credit cards, Walmart has been ready for nearly a decade. The nation’s largest retailer installed machines that could read the chip-embedded EMV cards nine years ago, trained employees on using the machines two years ago and turned […]

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Want To Know Your Credit Score? CFPB Makes It Easier

Almost everyone is in on making credit scores easily available to American consumers. Everyone except the consumers, that is. At the urging of the Consumer Financial Protection Bureau (CFPB), credit card companies, credit reporting agencies and non-profit credit counseling agencies are working together to get more people to pay attention to their credit scores by […]

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stack of credit cards

Balance Transfers Not Only Way To Handle Credit Card Debt

A familiar adversary for American consumers – credit card debt – is re-emerging as a factor in the U.S. economy and so is one of the most enticing offers that come with it: free balance transfers. The two were a hot couple in the run-up to the Great Recession when credit card debt topped out […]

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Credit Scores Going Up … Without Any Help From Consumers

The average credit score for American consumers is at an all-time high, but will almost surely go higher within the next year as credit bureaus and government tinker with one of the key components in the economy. Fair Isaac Corporation (FICO), the most recognized name in the credit score industry, said the average consumer’s score […]

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