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CARD Act Protect College Students From Debt

With increasing frequency, Americans are being warned to eliminate debt in what is considered the new normal. The Obama Administration passed the Credit Card Accountability, Responsibility and...

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Americans shun credit cards and use debit cards

Americans are shunning their credit cards and using debit to avoid incurring more debt, said Javelin Strategy & Research. Total payment volume for debit cards surpassed credit-card volume for the...

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A Bad Decision On Government Service Fees On Credit Cards

Recently the Malaysian Government said that they have collected a total of RM275.5 mil credit card service tax. I don’t feel proud of that. I believe there many credit card holders out there who are...

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More student loan balances fall into delinquency than credit cards

For the first time since regulators started keeping records, Americans have let more of their student loan balances fall into delinquency than their credit cards. As reported by the Federal Reserve...

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Credit fees and interest rates imposed by UAE banks are too high

The credit market in the UAE needs to be re-organized because fees and interest rates imposed by local banks on these services are too high, according to the financial panel in the Federal National...

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