debit card

We all know that making late payments or having credit card accounts in collections can hurt your credit scores. But you might be shocked to learn that a lot of other seemingly innocent actions can also negatively impact your credit rating. Here's a list of five surprising things that can lower...

With tax season coming to an end in the next few weeks, taxpayers and the Treasury Department alike will be waiting to see the results of a pilot program for issuing refunds on prepaid debit cards. The program was rolled out to a limited pool of taxpayers this January. The program, which was...

The Federal Reserve is charged with issuing its decision next month on the fees that financial institutions charge stores every time a customer pays with a debit card. These interchange fees, as they're called, were for years a hidden cost borne by merchants who wanted to allow customers to use...

The Federal Reserve on Thursday proposed a new rule that would dramatically cut the swipe fees that banks charge merchants when customers use debit cards. The move, which stems from a provision in the financial overhaul bill in July, could benefit stores. But banks say it could harm consumers.

If you're having a problem with a business, Consumer Ally can help. Write us at HelpMe@WalletPop.com. Q. Last year, I found out someone "hot carded" my debit card and racked up $7,600 in charges. I filed a Regulation E claim on that day, and a police report. Ever since then I've been going back...

While we've seen credit cards becoming part of our gadgets, like the iPhone VISA case, there's another movement underfoot to revolutionize what a credit card or debit card looks like and how you use it. The Card 2.0 is a new-concept credit card that isn't just changing the way you keep your card...

For millions of out-of-work Americans, the only thing keeping them fed, clothed and housed is the unemployment benefits they receive from the state. Yet in far too many cases, those badly-needed funds are being depleted by the very banks that issue the debit cards on which they receive their...

We here at Walletpop tend to write a lot about credit card rewards. The problem is, we also spend plenty of time warning you about the pitfalls of using those cards. So, what's a responsible person to do if they want to earn rewards but don't want to rack up a big balance every month? As it turns...

Despite the best efforts of banks and security experts, Internet fraud continues to cost consumers millions of dollars every year. But a new credit card sized piece of plastic has the potential to stop one of the most popular forms of online fraud; fooling consumers or their banks into handing over...

The estimated $48 billion that merchants pay to banks and credit card companies for the use of those ubiquitous terminals is at stake as Congress considers a proposal that could limit the fees incurred every time you swipe.