Credit Cards

Overdraft Fees For Student Credit Cards Banned

Final regulations announced by the Obama Administration and the Department of Education will add new consumer protections to bank accounts and prepaid cards used to access student loans. These new protections will ensure that students can access their student loan proceeds without incurring confusing or excessive fees and improve student choice when selecting a...

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Your Social Media Posts May Soon Affect Your Credit Score

October 20, 2015
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By LowCards.com There’s a new reason to be careful when updating your Facebook status. As reported on Investors.com, talking about a weekend of debauchery might lower your credit score. The Fair Isaac Corporation (or FICO), a credit rating agency, is implementing new strategies for assessing a consumer’s creditworthiness. In addition to looking at the...

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New Report Exposes Prices for Stolen Data on the Dark Web

October 19, 2015
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By LowCards.com Intel Security has released The Hidden Data Economy Report, which details how stolen data is packaged for sale and how much it garners on the black market. The McAfee Labs division of the company explored the pricing for: • Stolen credit and debit cards • Bank account login credentials • Stealth bank...

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Fingerprint Security Introduced for Bank of America Mobile App

September 17, 2015
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By LowCards.com Nearly half of mobile device owners in America have used mobile banking at least once in the last month, according to a recent study. But with this usage comes one major concern: the security of such transactions. Bank of America is trying to address that concern with biometric technology. Soon you’ll be...

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