Entries by Debtmerica

PlayStation Network gets new payment plan

Consumers who don't want to take on credit card debt when they sign up for the new PlayStation Plus plan can now just go to their local Target store, where Sony is selling membership cards that can be paid for in cash, video game news site Joystiq reported. In addition to the ability to avoid […]

College students still taking on credit card debt

Many college students are piling up credit card debt, and quickly, according to a report in the Columbus Dispatch, which cited statistics from Sallie Mae. Many students are now taking on credit card debt to pay for things like tuition and other expenses related to attending college. The report said that while it may be […]

Economists debating cause for drop in credit card debt

While many financial experts have long credited these declines to consumers being wiser about how much credit card debt they take on and pay off every month, some are now wondering whether another reason exists. The New York Times said that many are increasingly of the belief that an increase in charge offs, credit card […]

MLB app will let consumers order from their seats

Major League Baseball is currently testing a new system that will allow consumers to take on credit card debt in exchange for having their peanuts and Cracker Jack delivered straight to their seats, according to a report in the Philadelphia Inquirer. The new program, which is being tried out at the Phillies' home field, Citizens […]

Price of stolen credit card numbers surprisingly low

When someone's credit card information is stolen, that data often winds up on hacker websites where it's traded and sold, according to a new report from security expert Brian Krebs. The cost of details for consumers in the U.S. is just $1.50, and $4 for those in the United Kingdom, but that's a small price […]

Social media program gives young consumers financial advice

American Express partnered with software developer Federated Media to produce its new Currency program, which is designed to give young consumers advice about their finances, including how to reduce their credit card debt. In addition, the companies launched an iPhone app that allows users to share financial advice. "With Currency, we have brought together best-in-class […]

Credit Card Debt Relief

Those looking for credit card debt relief that does not require a major financial commitment have a number of options available to them. Consumers with credit card debt spread over a number of accounts can seek a debt consolidation loan to help manage their finances. A consolidation loan is a new loan that consumers use […]