You are browsing the archive for credit cards.

Fewer college students are carrying credit cards

April 27, 2013 in The Dickinson Press

MOORHEAD, Minn. Regan Whitney is in no way plastic shy. With one credit and two debit cards, Whitney, a junior at Concordia College, feels she is a bit more financially literate than many of her peers. Continue Reading

New fee possible on card purchases

January 27, 2013 in The Daily Republic

Local merchants not eager to add surcharge.
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Stay-at-home parents getting new credit card rule

October 16, 2012 in Grand Forks Herald

The Consumer Financial Protection Bureau will propose a rule within the next few months that will make it easier for applicants without personal income to qualify for credit cards, the agency’s director Richard Cordray said at a congressional hearing last week. Continue Reading

ND, SD have low credit card debt, delinquencies

August 14, 2012 in Grand Forks Herald

Credit card users in North Dakota and South Dakota have some of the nation’s lowest rates of credit card debt, and some of the best records for paying on time. Continue Reading

Treasure Omdahl, East Grand Forks, letter: U.S. should catch up to Canada on credit card security

August 9, 2012 in Grand Forks Herald

It was interesting to see an article about credit card fraud in the Herald and how the United States is behind in technology. While making three trips to Canada in the last three years, we discovered that in restaurants, the waitstaff bring hand-held swipe machines to the table, so the credit card is never out of your hands. Continue Reading

Dignitaries cut ribbon on new credit card center in Sioux Falls

May 2, 2012 in The Daily Republic

SIOUX FALLS (AP) South Dakota’s governor and congressional delegation held a ribbon-cutting ceremony Wednesday to welcome a new credit card contact center in Sioux Falls. Continue Reading

Judge orders $1,700 restitution in $744,000 bank fraud case

March 23, 2012 in Grand Forks Herald

U.S. District Court Judge Ralph Erickson ruled that the government could only prove losses of $1,659.72. Prosecutors said during a hearing last month that Adekunle Adetiloye should pay back $744,000 to victims of the scheme. A defense attorney argued for about $110,000 in restitution. Continue Reading

Simpler credit card agreements gets a tryout

December 7, 2011 in Grand Forks Herald

The Consumer Financial Protection Bureau on Wednesday released a prototype of a credit card agreement that’s written in plain English. The idea is to sweep away the legalese and make it easier for consumers to understand a card’s costs and terms. Continue Reading

Plain language credit card agreement gets government tryout

December 7, 2011 in Grand Forks Herald

The independent Consumer Financial Protection Bureau is testing a prototype agreement that is shorter than most and written in plain language. The new card contract will be tried at the Pentagon Federal Credit Union, one of the nation’s largest credit unions.
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Poll: Debt worries rise once again

July 25, 2011 in Grand Forks Herald

Just last fall, Americans were feeling better about their personal finances. Now they’re starting to worry more about how they’ll pay off debts as they feel the nation’s economic recovery wobbling. Continue Reading