Curtis Arnold
Curtis Arnold, Editor-in-Chief
Joe Taylor
Joe Taylor Jr., Reporter
Amber Stubbs
Amber Stubbs, Managing Editor

September 2005 - Page 2

College Students Learn How to Use Credit Cards Wisely by Using Industry's First Virtual Online Reality Game

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Posted On: September 19, 2005

Over half of high school graduates in the U.S. have little or no knowledge of banking basics, budgeting money, using credit wisely or investing their money according to The Jump$tart Coalition for Personal Financial Literacy.    70% of these same young adults play video games.    With this in mind, Wells Fargo recently introduced [...]

Posted in Student Credit Cards | 0 Comments

Free Annual Credit Report Law Spawns Imposter Web Sites that Could Lead to Identity Theft

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Posted On: September 16, 2005

Two years ago, Congress mandated that consumers can request one free credit report annually from each of the three major credit reporting agencies.   This program is designed to reduce identity theft by allowing consumers to check their credit histories for suspicious activity. However, acquiring a free credit report is not always easy.   According to a recent [...]

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Chase Credit Cards First to Offer New "Blink" Technology to Cardmembers

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Posted On: September 15, 2005

Editor's Note: Thank you for your interest, these offers have expired and are no longer available. Chase Bank U.S.A., N.A., a division of JPMorgan Chase & Co., recently issued over 200,000 United Mileage Plus Visa credit cards featuring a contactless technology called "blink" to cardmembers in Colorado, a United Airlines hub location. To use the United Mileage [...]

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Credit Card Issuers Providing Relief Programs to Those Affected by Katrina

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Posted On: September 14, 2005

Starting over from scratch is never easy, and to those hit hardest by Hurricane Katrina a little financial assistance can go a long way. American citizens are stepping up to the plate to volunteer money, time and anything else that is needed. Credit card issuers are also doing their part to help those [...]

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Consumer Credit Card Protection Act of 2005 Seeks to Eliminate Anti-Consumer Practices

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Posted On: September 13, 2005

Critics of credit card issuers have long complained about ambiguous practices that result in interest rate hikes and increased fees for cardholders. In late July 2005, legislation was introduced that would help limit some of the common practices used by credit card issuers to raise cardholder fees.  &nbspThe; proposed legislation, sponsored by Bernard Sanders (I–VT) and [...]

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American Express Announces Membership Rewards Credit Card Enhancement

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Posted On: September 12, 2005

American Express recently announced an added benefit to their Membership Rewards program. Cardmembers can now go to to redeem their points directly for airline tickets, cruises, and hotel rooms. This web site adds another layer of flexibility giving Cardmembers the assurance of some of the best fares and rates available. In addition Cardmembers don't [...]

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Citibank Offers Credit Education Workshops to College Students Across the U.S.

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Posted On: September 9, 2005

CitiGroup recently launched the Credit-ED Challenge, an hour long, interactive, free financial educational workshop for college students.    According to a recent study, only 25% of students surveyed believe their college offers them the knowledge to use credit wisely. In addition to the Credit-ED Challenge being offered at college campuses across the U.S., it is also [...]

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High Profile Suit Brings Eight Credit Card Issuers under Fire, Alleges Arbitration Conspiracy

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Posted On: September 7, 2005

A lawsuit filed in New York federal court alleges that eight banks named in the suit conspired to impose arbitration agreements upon their credit card holders. Filed in early August on behalf of seven plaintiffs from across the United States, the suit alleges that some of the banks named convened a group called the “Arbitration [...]

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