banking Archives

One More Good Reason You Don’t Need Credit

Posted on June 4, 2018 by | Meghan Alard (4-minute read)

For more than two decades, attractive rewards programs have been a big reason that many consumers turn to credit cards at checkout. But as banks scale back credit card rewards and increase debit card rewards, this trend may be changing.

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12% of Americans Had a Credit Card Declined Last Year

Posted on March 16, 2018 by | April Lewis-Parks (4-minute read)

One in ten Americans had a credit card declined last year, but embarrassment is really the least of your worries if it happens to you. Learn why cardholders experienced a declined credit card last year and what you can do to avoid it.

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Credit Card Skimmers Hidden in Plain Sight at Aldi Supermarkets

Posted on February 12, 2018 by | Meghan Alard (3-minute read)

Discount grocer Aldi is the latest company to be targeted by identity thieves. Credit card skimmers were camouflaged on top of payment terminals, storing card numbers and PINs for Aldi customers. We offer tips on how to protect your identity in a technology-driven world.

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Say Goodbye to Credit Card Signature Requirements

Posted on January 29, 2018 by | April Lewis-Parks (3-minute read)

The last major credit issuer just announced they will phase out signature credit card signature requirements on most transactions this year. As EMV chip technology improves, you should see less request for your John Hancock, and hopefully less fraud.

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A Virtual Credit Card May Offer Extra Security

Posted on October 2, 2017 by | Meghan Alard (3-minute read)

With retail data breaches becoming commonplace, a virtual credit card could give you more ID theft and fraud protection in an unsecure world.

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A New Face to ATM Security

Posted on July 17, 2017 by | Meghan Alard (3-minute read)

Could face recognition technology be the next step in increasing ATM security against identity theft? Two major players are betting that it is.

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Are You and Your Neighbors Financially Literate?

Posted on April 7, 2017 by | Meghan Alard (4-minute read)

April is Financial Literacy Month! We look at the most and least financially literate consumers across the nation. How does your state rank?

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Identity Theft Adapts around Smart Cards

Posted on February 27, 2017 by | Meghan Alard (4-minute read)

As identity theft adapts to get around Smart Chip technology in your credit cards, you need to evolve your identity theft protection measures as well.

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Research of the Week: How America Prefers to Make Payments

Posted on January 13, 2017 by | Meghan Alard (4-minute read)

Although debit cards are used more often, credit cards cover more total cost. Consolidated Credit offers tips to maintain a balanced budget free of debt.

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Will Traditional Banks Tank?

Posted on October 28, 2016 by | April Lewis-Parks (3-minute read)

Consumers lack confidence in our current banking system and believe less and less in the power of traditional banks. So what’s next for our money?

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Chase: No Credit Backup on Overdrafts

Posted on June 6, 2016 by | Meghan Alard (3-minute read)

Chase banking customers should take note that the company is changing its policy that allows a credit card to be used for account overdraft protection.

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Hispanics Don’t Trust Banks and It’s Costing Them

Posted on June 1, 2016 by | Julie Shattock (4-minute read)

Hispanics who had bad experiences with financial institutions in their home countries struggle to adapt and unbanked Latinos are becoming all too common.

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