
(10/29/98)
Scary Halloween Figures
Ghosts, ghouls and goblins will cost the American consumer over $5 billion
this
year.. The Halloween Association (THA) reports that we will spend $1.76 billion on candy, $1-$1.5 billion on costumes, and $2.5 billion on other related items. Now that’s scary.
-READ MORE |
(10/29/98)
Credco Violations
CREDCO, a division of First American Real Estate Solutions (FARES) has been
charged with violating the Fair Credit Reporting Act (FRCA).-READ MORE |
(10/29/98)
Operation Eraser
The Federal Trade Commission (FTC) has brought charges against the New
Jersey-based National Credit Management Group (NCMG) as part of “Operation
Eraser”, a federal-state crackdown on fraudulent credit repair firms.-READ MORE |
(10/29/98)
Scams and Schemes
The best defense is being well-informed. That’s the approach AT&T is taking
in its second round of warnings to consumers about communications scams in the
home.
-READ MORE |
(10/15/98)
Bio Corn Card
The newest breakthrough in the manufacture of credit cards is a resin called MAZIN, a biodegradable substance that includes corn by-products.
-READ MORE |
(10/20/98)
Save The Children Card
First USA and the international relief and development organization Save the Children rolled-out the 'Save the Children Platinum MasterCard' Monday. The affinity program will generate donations for the non-profit organization based on charge volume.-READ MORE |
(10/15/98)
Free Shipping
A national survey conducted by First USA found that 88% of Americans would do
more shopping by catalog if they could obtain free shipping and handling.
-READ MORE |
(10/15/98)
Toys "R" Us VISA Upgraded
Chase Manhattan Bank and Toys"R"Us have enhanced the rebate structure of the Toys"R"Us Visa Card from Chase, making the card even more rewarding. -READ MORE |
(10/15/98)
Chase Lenscard
Chase Manhattan Bank also announced the launch of the first credit card designed to help users make sense of the fine print -- The Chase LensCard. The LensCard has a built-in magnifying lens to make small print easier to read. -READ MORE |
(10/8/98)
Antitrust
The U.S. Department of Justice filed an antitrust lawsuit against VISA and MasterCard yesterday alleging that the card associations have engaged in anti-competitive practices by cooperating with each other rather than competing with each other. -READ MORE |
(10/8/98)
AmEx Student Card
American Express rolled out a new, no-fee credit card targeted to college students. . The 'American Express Credit Card for College Students' offers access to 'The Credit Information Service' via an 800 phone number or Website; 'Continental Travel Vouchers' allow student cardholders and a friend to fly for as little as $159 round-trip up to four times a year on Continental Airlines, and more... -READ MORE |
(10/7/98)
O% APR
Introductory rates for credit card offers are running significantly lower than last fall. According to CardWeb's CardWatch service(www.cardwatch.com), teaser rates of 2.9%, 3.9% and 4.9% are emerging as this year's most common pricing compared to the 5.9% and 6.9% intro rates for 1997. -READ MORE |
(10/7/98)
Penalized
Atlanta-based Nationwide Credit, Inc., has agreed to pay a $1 million civil penalty as part of a settlement with the FTC to resolve allegations that the company violated the FDCPA. The $1 million civil penalty is the largest ever in a debt collection case. -READ MORE |
(10/7/98)
VISA Hall of Fans
With the ribbon cutting and ceremonies less than four months away, the Pro Football Hall of Fame and Visa U.S.A. are continuing their national fan search for the inaugural "Visa Hall of Fans" exhibit at the Pro Football Hall of Fame in Canton, Ohio. -READ MORE |
(10/6/98)
Return Protection American Express announced Monday it is adding the
'Return Protection Plan(+)', a benefit that refunds
consumer cardholders for items purchased with a
Platinum Card, a Gold Card, or an Optima Platinum
Card within 90 days from the date of purchase if the
store won't accept returns.
-READ MORE |
(10/6/98)
Thrifty AmEx Promotion
While some competitors are launching "triple-miles" promotions, Thrifty Car Rental is offering a double-miles promotion through Oct. 31 that can earn frequent flyers as many as three times the number of miles offered by these other car rental companies. -READ MORE |
(10/2/98)
Wrestling MasterCard
Capital One Bank and Turner Sports' World Championship Wrestling descended upon Wall Street yesterday to unveil the 'WCW/Capital One MasterCard' credit cards to 32 million professional wrestling fans across the country.-READ MORE |
(10/2/98)
Marriott Bonus
Starting this week 'Marriott Rewards' members will earn up to 15,000 bonus points for their stays paid with any VISA card. Between now and Jan. 31, 'Marriott Rewards' members will receive 5,000 bonus points when they pay for three separate Marriott stays with their VISA card. Ten thousand bonus points will be awarded after two additional stays.-READ MORE |
(9/28/98)
Farm Aid Card
KY-based UniDial Communications has turned the 'Farm Aid' membership card into a limited edition, five-minute, prepaid calling card featuring artwork by Vermont artist Katharine Montstream.-READ MORE |