Discover Joins Google Wallet System

Credit Cards

Discover Joins Google Wallet System

Discover Joins Google Wallet System

The only mobile wallet program currently available to the general public across the country recently added another major credit card company to its platform, allowing for more access to the new payment system. Discover is the latest major credit card company in the U.S. to allow customers to use its branded accounts to make purchases… Read More

Robo-Testimony: The Newest Credit Scandal

Personal Finance

Robo-Testimony: The Newest Credit Scandal

Robo-Testimony: The Newest Credit Scandal

Last week, it was revealed that a scandal similar to the robo-signing issue experienced in the mortgage industry may be taking place for credit cards as well, and more details have emerged since. The original report from the New York Times showed that some of the nation’s largest credit card lenders have been sending consumers’… Read More

For Ransom: Your Medical Records

Identity Theft

For Ransom: Your Medical Records

For Ransom: Your Medical Records

It started out as a data breach like many others. The hackers penetrated the computer network of a small medical practice in a wealthy suburb of northern Illinois, The Surgeons of Lake County, and broke into a server containing email and electronic medical records. But instead of sneaking out undetected and selling the stolen data… Read More

Defaulting on VA Loans: Options for a Disabled Vet

Personal Finance

Defaulting on VA Loans: Options for a Disabled Vet

Defaulting on VA Loans: Options for a Disabled Vet

What can you do when you’re disabled, and an agency tries to collect on an old mortgage debt by seizing your disability payments? A Credit.com reader wrote in with this question: My husband had a VA loan foreclosure in 1994. He was not contacted in any way about it (The VA said they had sent… Read More

How to “Dilute” Your Bad Credit for a Higher Score

Credit Score

How to “Dilute” Your Bad Credit for a Higher Score

How to “Dilute” Your Bad Credit for a Higher Score

Is it possible to dilute your bad credit with good to boost your score? The Credit.com News & Advice Blog recently received the following comments from one of our readers: I had a lot of medical collection accounts from an illness about 1 1/2 years ago. I disputed all of the accounts and a couple… Read More

China Creates World’s First ‘Social’ Credit Card

Credit Cards

China Creates World’s First ‘Social’ Credit Card

China Creates World’s First ‘Social’ Credit Card

Many credit card lenders in the U.S. are trying to engage customers in new and innovative ways, but a company in China might have beaten them all to the punch. The popular Chinese micro-blogging site Sina Weibo — a sort of cross between Twitter and Facebook — recently teamed with one of that nation’s largest… Read More

True Confessions of Debt Collectors

Managing Debt

True Confessions of Debt Collectors

True Confessions of Debt Collectors

For many Americans struggling with managing their debt, the simple act of picking up the phone can be terrifying. Why? Debt collectors. In the aftermath of the Great Recession, the debt collection industry has seen a boom. And as more and more collection agencies have been entering the market, complaints about collectors’ abusive practices reached… Read More

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