KSIS Radio 1050 AM, News-Sports-Weather » Credit Cards

Fraudulent Credit Card Charges Really Do Happen All the Time — Dollars and Sense

Mike Adams — Thu, 01 Nov 2012 15:45:31 +0000

Recent reports indicate that the majority of the time when your credit card company calls you to inquire about potentially fraudulent activity on your account, it is not an attempt to sell you additional products and services. Rather, it is a real security warning. and going forward you might want to start answering those calls.

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Credit Card Delinquencies Reach 11-Year Low — Dollars and Sense

Mike Adams — Fri, 05 Oct 2012 15:21:14 +0000

These days more credit card customers are paying their bills on time than they have over the course of the last decade.

A report released earlier today by the American Bankers Association indicates that delinquencies on credit cards are currently at an 11-year low, with only 2.93 percent of credit accounts reported past due by 30 days or more. These figures come in substantially under the 3.91 percent 15-year average.

So, what’s with all of the newfound responsibility?

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Many Consumers Now Using Credit Cards for Basic Needs — Dollars and Sense

Shauna Wright — Thu, 31 May 2012 17:22:21 +0000

Once upon a time, people used credit cards as back-up funds, tapping into them only when an unforeseen emergency arose.

But now, thanks to the current state of the economy, a staggering number of consumers are using their cards for routine bills like mortgages and groceries.

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Is Your Credit Score Good Enough for the Best Rates? — Dollars and Sense

Shauna Wright — Tue, 15 May 2012 16:10:36 +0000

Here’s the good news: Americans have better credit scores now than we have in the past few years. But there’s bad news, too: credit standards are now so high that it may not matter much.

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