credit card fraud

A group that marketed the Low Pay Card -- a credit card for high-risk borrowers with bad credit -- settled a Federal Trade Commission lawsuit saying customers were charged a range of illegal fees and only allowed to buy overpriced items from a catalog. The defendants failed to clearly disclose...

Faced with a barrage of negative publicity and consumer complaints about unexpected charges, Visa today is becoming the first of the major credit companies to pull the plug on a credit card practice that prompted Congressional charges of "aggressive" abuse. Visa said that it will stop allowing...

Disputing a credit card charge by asking for a "chargeback" can lead to being put on a blacklist that merchants can check for customers who might try to defraud them. Getting off the list costs $99, although the fee is waived if the customer didn't know they were committing "friendly fraud," said...

While paying for something with a credit card is the ultimate in convenience -- you swipe, then sign -- it can be a little too easy for crooks who get their hands on your card to go on a spending spree and rack up big charges. In the U.K., a different type of credit card thwarts would-be thieves....

Fear not Hannaford customers, as long as you act quickly and responsibly, you can recover your financial future. Supermarket chain Hannaford Bros. announced earlier this week that the company had experienced a security breach potentially exposing more than four million credit card numbers, debit...