"The average credit card interest rate for people with fair credit has hit a shocking 21 percent, up more than 2 percent from only a year ago."
Economists Shocked to Find Economic Regulation Works
In 2009, the US government passed bipartisan legislation designed to make the credit card industry fairer, and hold down credit card fees. Economists are flabbergasted to find that it did those things.
Your credit card makes you irresponsible, overweight, and poorer: "Always leave home without it."
Happy Monday: 1.5 Million Credit Cards Were Stolen By Hackers
It was revealed Friday that hackers had hit the credit card payment processor Global Payments, and stolen potentially millions of Mastercard and Visa customer details in January and February. But on Sunday, Global Payments said in a press release that actually "less than 1,500,000 card numbers may have been exported."…
Won't You Help James O'Keefe Pay off His 'Major Credit Card Debt'?
Conservative prankster James O'Keefe, the artless cad behind heavily edited video "stings" on NPR, ACORN, and other enemies of the state, has been paying for all of his work on his and his buddies' credit cards. Apparently it costs a lot of money to carry a camera and act like a jackass — $50,000, as it happens! So…
What New Fees Will Banks Screw You With This Year?
Recent laws have limited what fees banks are allowed to charge for certain services. So naturally, banks are dreaming up an entirely new set of fees on other services to make up for it. Below, a quick guide.
Here's the Wikileaks Cable With MasterCard Numbers of Alleged Mossad Agents
Ever wanted to know the MasterCard numbers of alleged Mossad agents? Thanks to Wikileaks, you can!
The Kardashians Kut Ties with Their Kredit Kard
The Kardashians are kutting ties with the kompany selling their kompletely terrible pre-paid debit kard.
Kim Kardashian's Credit Card May Be the Worst Credit Card Ever
Kim Kardashian's new credit card, The Kardashian Kard, has a terrible pricing model. It's a prepaid card, which means it targets kids. But it costs between $60 and $100 to activate—an unprecedented starter fee for prepaid cards.
Rich Guy Doesn't Even Notice Losing the First $700k
If it takes $800,000 in charges before you notice your credit card was stolen, then you might be a Hong Kong megamillionaire.
Awesome New Credit Cards Just in Time for Awesome New Debt
In the future, credit cards will be funner: they'll have buttons and batteries and "tiny lights" and all the bloopity bleep-bloop that you, the consumers, love. It will be that much more enjoyable to pay off your crushing college debt.
New York Street Vendors to Start Accepting Credit Cards
Starting in June, some street vendors will be outfitted with credit-card machines as part of a trial program. "Kebabs" can now be added to the list of things you will go into debt over. [NYP; pic via Tom Lin's Flickr]
How Could Lindsay Lohan Have Racked Up $600,000 in Credit Card Debt?
If the befreckled freeway accident is, in fact, in such serious debt, we wonder what she possibly could have spent all the money on. Let's speculate, shall we?
