Home / Node

60% of Americans Still Have Old Credit Cards

by on December 21, 2015

Beginning October 1st, merchants are now held fully liable for any losses due to credit card fraud if they haven’t made the switch to EMV cards. EMV, which stands for Europay, MasterCard, Visa, are credit cards equipped with computer chips. They are considered much more secure than magnetic strip cards. Plus, the EMV card is standard in many parts of the world.

What did the October 1st switch mean?

How to Deal with Tricky Money Situations

December 21st, 2015 by Alice Bryant

Anticipating the financial challenges that life might throw your way can be difficult, and that’s why it’s a good idea to think about such situations far in advance. Most families at some point are going to have trouble making ends meet, and how you elect to address those problems will have a major impact on how long they might last. When is it wise to use credit cards to bridge a monetary gap? Should you consider seeking a loan from a family member? Are you saving enough during the good times to handle a possible bad stretch?

Weekly Tip: Look out for key terms in credit card agreements

Can you say that you’ve honestly read your entire credit card agreement? With the number of pages and insanely tiny print, reading through the fine print seems awfully similar to reading the dictionary. But by just putting your John Hancock on paper, you could very well be agreeing to something you might not be aware of. In fact, a recent survey showed that a third of bank customers had a limited understanding of credit card offerings -- even after speaking with a representative. And that’s scary! 
 
Updated by Alice Bryant on Mon, 2015-12-21 09:11

Which Cities Are the Best for College Grads?

November 6th, 2015 by Yael Kent

College grads are often trying to strike the right balance between opportunity and cost when figuring out where they want to work after they’re done with school. It’s a challenge dealing with things like a debt load and credit cards while also hoping to find the best city to work and live in. The problem is that frequently the best cities are also the most expensive, and this is a time when grads don’t want to take on more debt if possible. Let’s take a look at cities where graduates have a better chance of thriving without adding more to their debts.

Do You Have These Money Fears?

October 28th, 2015 by Yael Kent

Money fears are more common than you might think. One recent survey by the American Institute of Certified Public Accountants showed that 44% -- nearly half – of all US adults are worried about money and that of the adults who indicated that they were financially stressed, only about 28% would see any change in their financial stress level within the next six months. Further, several studies have shown that, nowadays, almost 80% of American families are living with debt.

Which Mobile Apps Can Keep You Safe From Identity Theft?

October 1st, 2015 by Yael Kent

Identity theft through mobile devices is becoming a more and more prevalent problem, and it’s obvious that there is a growing need to protect smartphones and tablets. Apps and web browsing may help you, but can also leave holes allowing hackers to gain access to your passwords, banking, or payment information, and more. This identity theft occurs through weaknesses found in coding, unsecured Wi-Fi connections or theft of the device.

What You Need to Know About the EMV October Liability Shift

September 25th, 2015 by Yael Kent

For many years, all liability for fraudulent transactions has been assumed by credit card companies. However, the global numbers for credit card fraud have continued to grow, and major credit card companies have been working on a solution to the problem.

Visa, MasterCard and EuroPay are some of the biggest companies in the industry. After spending nearly a decade working on a solution, these major companies have decided to move consumers away from using magnetic strip cards and towards EMV.

BabyPhat Prepaid Visa Rushcard

dwhitsey's picture
Overall:

Card Purpose:

dwhitsey Would recommend to a friend.
Reviewed on: Sat, 2015-09-19 19:11
Have an issue with this review?
Please login or register to flag this reviewClose
This review is the subjective opinion of a creditnet.com member and not of creditnet.com

Behavioral Finance 101

September 3rd, 2015 by Yael Kent

Personal finance is a difficult topic for most people. It combines several different tasks that the human brain just isn't wired to handle well, like forecasting a long ways into the future, making numerical predictions and calculations based on those forecasts, and assessing risk. Moreover, buying a house, saving for retirement, or other big financial decisions tend to be emotionally charged, so making an informed decision is even more difficult.

Why the US Economy is Ok

August 28th, 2015 by Yael Kent

Americans endured what was known as one the worst recession since the Great Depression of the 1930s in 2008. The housing market boomed and then crashed – everything else went along with it. The job market was brutal, and wages simply were not competing with the rapid inflation of those times. And even though the actual recession is technically over, we are still recovering from the damage that the recession has done 7 years ago. Even more, we have seen that the stock market in the past couple of days has shown dramatic drops.

Pages