Gilbert OKs credit-card surcharge to developers

Gilbert OKs credit-card surcharge to developersNews from Arizona Republic:Luci Scott, The Republic | azcentral.com 10:09 a.m. MST August 5, 2014

Credit cards and money.(Photo: Getty Images)
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Developers and others seeking certain permits from Gilbert will soon pay extra when they use a credit card
The move should save the town money
Gilbert paid $ 234,000 in credit-card processing costs last fiscal year
The surcharge will go into effect in a month or so and will apply to planning, building safety and code compliance, engineering and fire permit, plan review and inspection fees.

Developers and others looking to use [...] Continue Reading…

Audit Questions History Colorado’s Credit-Card Use

Audit Questions History Colorado’s Credit-Card UseNews from CBS Local:
DENVER (AP) – Employees at History Colorado have used staff credit cards meant for official functions to buy individual coffees and lunches, according to a state audit released Tuesday.
The report found that History Colorado spent about $ 1 million for expenses classified as official functions from 2009 through 2014 — a large amount compared to other state entities of similar size, auditors said.
History Colorado maintains museums and historical sites around the state. The agency also preserves and exhibits collections of historical significance. Most of the [...] Continue Reading…

3 Credit Card Traps That Can Cost You a Bundle

3 Credit Card Traps That Can Cost You a BundleNews from DailyFinance:Cassandra Hubbart/AOL TV commercials for credit cards show happy people enjoying life. If only you applied for such a credit card, you too could be living the dream.Don’t be fooled. Your interests and the interests of your credit card company are not aligned. And I know: I used to run a profitable credit card business.For the lender, an ideal customer is someone who maxes out their card and only pays the minimum due, one week late, every month. Consider this scenario: If a [...] Continue Reading…

Crooks Hide “Skimmers” To Steal Credit Card Information

Crooks Hide “Skimmers” To Steal Credit Card InformationNews from KKTV 11 News:
Skimmers were found at two gas stations in the Colorado Springs area.
Aspen, Colo. police say that they found a skimmer hidden where credit cards are usually swiped. They also found a camera installed, filming unsuspecting customers as they typed in their pin numbers.
When you fill up with gas or go to get cash out of the ATM, did you know that criminals can steal your credit or debit card information?Police say crooks hide skimmers, which are devices that can steal your credit card [...] Continue Reading…

Amex set to face US in antitrust trial over credit card fees

Amex set to face US in antitrust trial over credit card feesNews from Reuters:

By Andrew Longstreth
NEW YORK Thu Jul 3, 2014 3:31pm EDT

American Express and American Express corporate cards are pictured in Encinitas, California October 17, 2011.
Credit: Reuters/Mike Blake

NEW YORK (Reuters) – American Express Co (AXP.N) is set to face off against the U.S. government and 17 states in a trial that begins on Monday over claims that it stifles competition from credit card providers that charge lower processing fees.

At issue in the trial, expected to last two to three months, are American [...] Continue Reading…

Rigid Credit Score Standards Hold Back Housing Recovery

Rigid Credit Score Standards Hold Back Housing RecoveryNews from American Banker:

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“It is difficult for any homeowner who doesn’t have pristine credit these days to get a mortgage,” Federal Reserve Chair Janet Yellen said at the Fed’s
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Hospitals Are Mining Patients’ Credit Card Data to Predict Who Will Get Sick

Hospitals Are Mining Patients’ Credit Card Data to Predict Who Will Get SickNews from Businessweek:
Photograph by Tom Grill/Getty Images
Imagine getting a call from your doctor if you let your gym membership lapse, make a habit of buying candy bars at the checkout counter, or begin shopping at plus-size clothing stores. For patients of Carolinas HealthCare System, which operates the largest group of medical centers in North and South Carolina, such a day could be sooner than they think. Carolinas HealthCare, which runs more than 900 care centers, including hospitals, nursing homes, doctors’ offices, and [...] Continue Reading…

The One Credit Card You Need to Ease Pain at the Pump This Summer

The One Credit Card You Need to Ease Pain at the Pump This SummerNews from TIME:Gas Rewards Credit Cards: Which is best? – Money.com continues on TIME
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Does your Credit Score Affect your Car Insurance Rate?

Does your Credit Score Affect your Car Insurance Rate?News from Quoted:
You know you need good credit to take out a loan, a mortgage, or your friend with expensive taste. But do you understand how exactly your credit score affects your car insurance rates? Neither did we. So we did some digging, and the answers might surprise you. But first things first—let’s get a few definitions out of the way.
What exactly is a credit score?
A credit score is a three-digit number somewhere between 500 and 900 that’s a marker of your financial fitness. Institutions and [...] Continue Reading…

This Week In Credit Card News: A More Secure Credit Card, Problems With …

This Week In Credit Card News: A More Secure Credit Card, Problems With …News from Forbes:This Week In Credit Card News: A More Secure Credit Card, Problems With Credit Reports – Forbes continues on Forbes
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