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Audit of County Commissioner Group Questions Credit Card Use
OKLAHOMA CITY (AP) — A state audit of the Association of County Commissioners of Oklahoma says it has no polices governing credit card purchases and…
Neiman Marcus Credit Card Breach Heightens Consumer Concerns
Upscale department store Neiman Marcus is the latest retailer to disclose data security breaches. The disclosure comes just a day after Target issued another apology for a data breach that occurred during the holiday season. NPR's Rachel Martin speaks with Brian Krebs, who broke both stories on his blog, KrebsOnSecurity.
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•
3:06
Credit Card Debt Cut: The Reason May Surprise You
A new study showing that Americans lost nearly 40 percent of their wealth in the Great Recession turned up another notable result: Credit card debt also fell sharply; the median family's balance tumbled 16 percent. But it's not just because people rushed to pay off their plastic.
3 Things To Know About Those New Credit Cards
Today is the deadline card issuers have given for merchants to be ready to accept the new, more secure, computer-chipped cards. But there's still a long way to go.
Miss a credit card payment? Federal regulators want to put new limits on late fees
The Consumer Financial Protection Bureau wants to cap late fees at $8. Banking groups say the proposal would result in higher costs for consumers.
Lloyds Says It Will Block Bitcoin Purchases On Its Credit Cards
The largest British bank becomes the first to impose such a ban. Reports suggest that Lloyds fears that it could end up with unpaid debt if the cryptocurrency falls further.
Millions Of Americans' Wages Seized Over Credit Card And Medical Debt
One in 10 working Americans between the ages of 35 and 44 is getting his or her pay docked for not paying debts. And in most states, the law allows a quarter of wages to be withheld.
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8:42
U.S. Credit Cards Tackle Fraud With Embedded Chips, But No PINs
The nation's biggest banks are leaning toward a new credit card security system that will rely on embedded chips and signatures rather than PINs. But critics say the PIN-and-chip system is superior.
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3:28
Missing your credit card payment is getting a lot more expensive
Americans hold almost a trillion dollars in credit card debt. NPR's Ayesha Rascoe speaks with Ted Rossman, a senior analyst for Bankrate, about how interest rates could make missed payments pricier.
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5:18
Hot New Metal Credit Card Comes With A $450 Annual Fee
The Chase Sapphire Reserve credit card is so popular that the company ran out of alloy. So for the moment, new customers are getting super trendy metal cards that are made of plastic.
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