Search Results for: credit card

Citibank ordered to pay $700m over illegal credit card practices

Citibank

Citigroup Inc’s consumer bank has been ordered to pay $700 million (£450 million) in relief to borrowers for illegal credit card practices, the U.S. Consumer Financial Protection Bureau said. The CFPB, set up under the 2010 Dodd-Frank Act aimed at reforming Wall Street, has been cracking down in recent years on …

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Credit Card Tips You Might Have Overlooked

When it comes to credit cards, most everyone knows the basics. Keep your balance well within your limits, use your card in conjunction with your budget, plan for the big stuff—they’re all common sense credit card rules that come as second nature to most anyone with a credit history. There …

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UK Authorities Guard Against Rising Credit Card Debt

A shocking statistic has filtered through markets in the United Kingdom: the country is faced with £68 billion in outstanding credit card debt. Credit card debt has risen sharply since 2007 when it was around £55 billion. The steepest rise took place between 2014 and the present day. Of course, …

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8 Ways Credit Card Benefits Will Save You Money

A woeful number of humans take a blithe step into the credit card swimming pool and emerge with hideous personal finance injuries, perhaps even mortally wounded by their own ignorance and a cabal of companies who play for keeps. But a credit card doesn’t have to be that way. Used …

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Italy to ban cash transactions over €50 in 2013

Italian flag

You won’t even be able to fill up your car without a credit or debit card in Italy beginning in 2013, as the Italian Council of Ministers has voted to increase the current capital controls banning the use of cash on transactions over €1,000, down to any transaction over €50! As …

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Property Creditors Can Repossess

Repossession happens when you defaulted on a loan and the creditor takes a property of yours as a means of settling your debt. The car is the most common item you see getting repossessed, and not only is it embarrassing but it’s also quite stressful as you don’t know what …

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How to Get Out of Loan Debts Smartly?

how-to-get-out-of-loan-debts

Today, it is almost impossible to find a single Canadian household which doesn’t have debt or credit on its head. While most are living with it and managing the debt well by continuously paying off the loans and credit card bills, there are a few who end up borrowing more …

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Anonymous launches Operation Black October, targets banking system

Anonymous Operation Black October Bank

US branches of Germany’s Deutsche Bank and Spain’s Banco Santander have failed US Fed stress tests, while America’s largest bank, Bank of America, is put on ‘warning’. How far can the ordinary people shoulder responsibility of a failed private bank? Anonymous asks you to join the peaceful revolution from October 1 …

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Push to put your money in Google’s CIA cloud wallet

Google Wallet

In Google’s Brave New World, all of your money will be in the “cloud” – a metaphor for data stored and retrieved over the internet – and you will pay for stuff with a swipe of a mobile device. Google rolled out this “service” in 2011 and calls it “Google …

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World’s first Bitcoin bank opens in Austrian capital Vienna

Bitcoin bank Austria Vienna digital currency

The world’s first dedicated bitcoin bank has opened in the center of the Austrian capital Vienna. It is designed to make buying and selling bitcoin easier and safer than other in-person options. The digital currency outlet is owned and managed by a local Blockchain startup Bit Trust and is named …

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US national debt hits $18 trillion, 70% increase under Obama

Obama debt

The national debt increased $32 billion dollars in one day to surpass $18 trillion on November 30. That’s a 70% gain under President Obama, who inherited a $10.6 trillion debt when he took office. Keep in mind, Obama was elected in part on the promise of addressing the national debt. …

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Facebook is censoring this HangTheBankers.com article

Facebook censored article Hang The Bankers

In the past week we have seen the social media networks do their best to censor liberty minded accounts and in some cases just plain and simple delete them. This has not gone unnoticed and if anything has backfired on the likes of Facebook and Youtube with people waking up …

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How Bitcoin is Affecting Different Industries

Bitcoin coins in a pile

Since Bitcoin arrived (ok not ‘arrived’) as there is no physical back in 2008 there have many companies and big Industries like Dell and Microsoft that take advantage of the crypto currency, and if you have a business of your own but are not using bitcoin, then you really could …

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War on cash: Japan to introduce fingerprint currency

Japan fingerprint currency

The war on cash just got serious, and of course, it is the extreme policy experimenters of Japan that are pushing the boundaries. Having dived headlong into negative interest rates, Japanee policymakers recognize full well the historical reaction of “hording cash” will not ‘create’ the nirvana of 2% inflation and …

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US debt collectors cash in on $1 trillion in student loans

Student debt

Most US college students hope to land a good job with a high salary after graduation. But for some the reality is very different. Many find themselves faced with insurmountable debt – and a loan industry that’s happy to cash in on their misfortune. As the number of people taking …

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