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How the chip shortage is affecting the credit card business
It used to take seven to 10 business days to get a new credit card. Because of an ongoing chip shortage, deliveries can take almost two months, and that could be the case through the end of the year.
Listen
•
3:03
Credit Cards Under Pressure To Police Online Expression
The Web is full of sites promoting views that many find offensive — and often, those sites do business with credit card companies. Some advocacy groups are pressuring Visa and MasterCard to end those relationships, but others worry these campaigns will have a chilling effect on free speech online.
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•
5:01
Americans Run Up More Credit Card Debt
The average American had almost $5,000 of credit card debt in the third quarter of 2012, up almost 5 percent over the previous quarter. Industry analysts say the increase is partly seasonal, people spending more ahead of the holidays. But they also say it could reflect growing consumer confidence, which has been on the rise since July as job numbers have gradually improved nationwide.
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•
0:41
Millions Of Credit Cards Affected By Data Breach At Target
The retailer acknowledged early Thursday that there was a massive security breach of its customers' credit and debit card accounts. It started the day before Thanksgiving and extended at least to Dec. 15 — the heart of the holiday shopping season.
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•
0:49
U.K. Bans Credit Card Surcharges, Calling Them A 'Rip-Off'
In the U.S., at least 11 states forbid retailers from adding surcharges to credit card transactions. Several also allow discounts for customers paying via cash rather than plastic.
Nearly 1 out of 5 credit card users have maxed out on their borrowing
The Federal Reserve Bank of New York says a growing number of card user are falling behind on their monthly credit card bills. Fallout from years of rising prices and high interest rates.
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•
3:49
Sex Pistols Artwork To Be Featured On Virgin Money Credit Cards
You read that right. And yes, punk rock is dead.
Debunking 3 common myths about credit card debt
According to a recent Bankrate survey, 46% of respondents said they carry a credit card balance from month to month. NPR's Life Kit debunks some common myths and gives advice about credit card debt.
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•
3:44
Many Americans have exhausted their savings as credit card debt hits a record high
Credit card debt is at a record high, climbing nearly 19% in the fourth quarter of 2022. Many Americans have exhausted their savings and are now deep in the hole trying to cover the cost of living.
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•
5:15
FBI Op Targets Cyber Criminals Stealing Credit Cards
U.S. law enforcement officials say 24 suspected computer hackers have been arrested in a sting operation. The FBI set up a fake online forum for people interested in trading credit card numbers and other financial information.
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1:47
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