by Ron Daly
There’s been a lot of buzz and hum about credit cards recently. And why not? Credit is a sore subject to some, a point of pride for others, and for folks that never had it? Could go either way, really.
So, let’s highlight some credit card stories of the past few days:
- One of the biggest stories: The Heartland Systems break-in. I wrote a piece for the CU Soapbox on the hack about a week ago (click to read), and new horror stories just keep popping up. Wired Magazine has been keeping tabs on the accounts affected (click here to read) and CreditCards.com say the effects have hit financial institutions on all levels and in many states (click to read).
- More and more, banks and credit card companies have been driving up the rates (click to read).
Have anything else to share on credit cards? Our comments section is always open.