Erply Enters Mobile Card Readers Market

Credit Cards

Erply Enters Mobile Card Readers Market

Erply Enters Mobile Card Readers Market

There’s a new mobile credit card reader on the market, and this one is designed mostly for tablets like the iPad. The latest device comes from Erply, a company based in Estonia that also makes software to manage inventory in stores. It costs $50 to buy the reader, plus $70 a month for small retailers,… Read More

Bank Unveils Debit and Credit “Duo Card”

Credit Cards

Bank Unveils Debit and Credit “Duo Card”

Bank Unveils Debit and Credit “Duo Card”

For what it says is the first time in the U.S., Fifth Third Bank says it will soon offer a new kind of account that combines debit and credit on the same plastic card. Called the Duo Card, it will allow consumers to decide at the cash register how they want to make purchases. “The… Read More

Why Consumer Credit Card Delinquencies Remain Low

Credit Cards

Why Consumer Credit Card Delinquencies Remain Low

Why Consumer Credit Card Delinquencies Remain Low

TransUnion, a national credit reporting agency, recently released findings that show an overwhelming number of people are paying their credit card bills on time and limiting how much they are charging. It may come as a surprise that credit card delinquencies (defined as 90 days past due—or more—on a payment) are at the lowest level… Read More

Fed Chief Paints Rosy Economic Picture, But Mind the Thorns

Personal Finance

Fed Chief Paints Rosy Economic Picture, But Mind the Thorns

Fed Chief Paints Rosy Economic Picture, But Mind the Thorns

In a widely anticipated speech, Federal Reserve Chairman Ben S. Bernanke said Friday that even though the economy’s short-term outlook remains weak, we are nevertheless in the midst of a recovery that will grow in future years. But he also gave a veiled warning that the Fed has done basically all it can to spur… Read More

The Credit Line: “People Search” Sites and Identity Theft

Identity Theft

The Credit Line: “People Search” Sites and Identity Theft

The Credit Line: “People Search” Sites and Identity Theft

Tune in to this week’s installment of The Credit Line, hosted by Credit.com’s chairman and co-founder Adam Levin on Los Angeles’ KFWB 980 AM this Saturday, August 27, at 9 a.m. PST/Noon EST. The show is co-hosted by L.A. radio personality Jeff Levy. Securing Your Identity in the Age of Too Much Information Ever contemplate… Read More

Robo-Signing Battle Heats Up, Again

Mortgages

Robo-Signing Battle Heats Up, Again

Robo-Signing Battle Heats Up, Again

For months, state and federal bank regulators have fought a bitter, but largely private, battle over how to stop abuses by the mortgage servicing industry. That battle broke into the open Wednesday when Tom Miller, the Iowa attorney general who is leading the effort, booted New York Attorney General Eric Schneiderman from the group’s leadership… Read More

Facing Eviction, Some Homeowners Still Trashing Homes as Revenge

Mortgages

Facing Eviction, Some Homeowners Still Trashing Homes as Revenge

Facing Eviction, Some Homeowners Still Trashing Homes as Revenge

Three years ago, when the housing crisis first hit Las Vegas, John Carver lost track of all the homes destroyed by homeowners facing eviction. Holes punched in walls and paint spilled on carpets were common forms of destruction; some homeowners even spray painted much of the interior, and let animals defecate inside. “I would say… Read More

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