Posts in Category: learning

Gift Cards and the Credit Card Act of 2009

congressAs we have discussed elsewhere on, Gift Cards have come under scrutiny over the past few years, particularly with respect to so-called “dormancy fees” or “inactivity fees”.

Here’s some good news for consumers who enjoy giving and receiving

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Credit Card FAQs

How Old Do I Have To Be To Get A Credit Card?

credit card faqs In the United States, a person must be at least 18 years old to obtain a credit card. People under the age of 18

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Different Kinds of Prepaid Cards

Prepaid cards come in a number of varieties. To understand the different varieties, it helps to understand how each type works.

The two main types of prepaid debit cards are: “open loop” and “closed loop” cards. A closed loop prepaid card is merchant specific and can only be used

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What to Know About Credit Reports and Credit Scores

A credit report is a vital tool that reveals important information about your financial history. It is used by banks and other companies when deciding whether to do business with a person or not. A person with good credit will qualify for lower interest rates on credit cards

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Two Prominent Banks in the Hot Seat

JPMorgan Chase and Capital One, two of the largest banks in the country, will soon have to pay out multi-million dollar settlements to their customers for unfair practices. This is an epic battle between David (the Consumer Financial Protection Bureau) and 2 goliath banks.

Settlement Terms for Consumers

JPMorgan Chase,

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