Your credit score is an indicator of how risky you are as a borrower. If you have a strong credit score, the credit card company is more likely to approve your application for a new card. And personal loan or auto lenders may be more likely to approve your loan application and give you a… Read More »
WASHINGTON DC – Today, the Consumer Financial Protection Bureau (CFPB) reached a settlement to resolve allegations that Citizens Bank violated consumer financial protection laws and rules that protect individuals when they dispute credit card transactions. CFPB alleged that Citizens Bank failed to properly manage and respond to credit card disputes and customer fraud claims. If… Read More »
Australia’s inflated buy now, pay later system will be regulated by the federal government, out of fears it poses a growing danger to consumers. Under the changes to be announced by Financial Services Secretary Stephen Jones in a speech on Monday, buy now, pay later will immediately be treated as a credit product. Following a… Read More »
After the launch of Apple Pay in South Korea, Samsung changed its entire strategy around Samsung Pay. The company’s mobile payment service is free for consumers and credit card companies. However, the South Korean company plans to charge credit card companies in a similar way to Apple. Samsung Electronics has reportedly notified all credit card… Read More »
The problem: Their trip wasn’t technically “interrupted,” as they spent 18 nights on board. Several times in my conversations with insurance executives, I’ve heard the phrase “you’re not covered for lost fun,” but I imagine this applies to a week of rain in a Caribbean resort, not an Antarctic cruise that never makes it to… Read More »
16 mins ago Business 1 Views PROVIDE A WIDER SAFETY NET Bangladeshi construction worker Jo (not his real name), who was diagnosed with a ruptured appendix in April, was sent home soon after and had to pay for his own treatment. The 43-year-old man, who has worked in Singapore since 2001, paid for his appendectomy… Read More »
When shopping for insurance, you may wonder if you can pay your premiums with a credit card. The answer depends on the type of insurance you buy. While you may be able to pay for an auto insurance policy with your credit card, for example, your life insurance company may refuse. And even if you… Read More »
By Zoe Han Some ‘buy now, pay later’ companies let buyers decide whether to report their payment history to the credit bureaus. “Buy now, pay later” is a popular payment method for younger consumers, but a growing number of BNPL users appear to be experiencing negative consequences, including lower credit scores. About 24% of buy… Read More »
FLORIDA SOUTHWEST– If you have an insurance policy in Florida, you are warned that state-owned insurers have the power to increase your rates by up to 2%. This happened because Citizens Insurance said it was close to 1.3 million customers. The more customers they have the riskier it is to do business and the policyholder… Read More »
Q: I am an 84 year old woman. My little sister passed away in June 2021, but I keep using her two credit cards to continue paying for her son’s rent, food and other expenses. I didn’t realize this was the wrong thing to do. The balance of each card was then around $10,000, but… Read More »