Millennials are the most discussed generation. Unlike boomers, they are receptive to new trends in technology, more welcoming to changes in general and have an analytical bent of mind. But alongside these positive qualities, negative ones lurk in them too. They are not good at handling credit related matters. In fact, over the time, millennials […]
Half of the Cardholders Will Avoid Stores Hit by Data Breaches
A study of a randomly selected 865 American adults who use debit or credit card showed that nearly half of them are reluctant this holiday season to return to hacked stored. We all know that data breaches are very common nowadays and people just want to protect their personal information. The study,conducted by landline and […]
Americans Can’t Resist Debt : Credit Card Spending Up By $8.8 Bn
One would have thought that Americans would have learned their lessons from the economic recession of 2008 and stopped giving into the temptations of debt. Well to a certain extent they did as we saw the consumer credit card debt drop to its lowest levels in 2010 . But apparently, Americans love their debt and […]
Credit Card Moves to Improve Your Finances
Most people have at least one credit card in their wallet, but if you ask them to explain the basics of credit card management, most can’t provide a response – at least not a good response. The truth is, many people don’t know the first thing about responsible credit card use. This likely explain why […]
5 Tips for Controlling Credit Card Spending
Credit card debt is one of the worst debt traps to fall into which results from inability of people in controlling credit card spending. Not only are credit cards especially easy to use throughout the month, they come with some of the worst rates and penalties around, making it easy to get caught up in […]