Credit Cards

Anonymous Credit Card Data Can Still Give Away Your Identity

March 21, 2015
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By LowCards.com Anonymized credit card data that masks the purchaser’s name, card number and other factors may not be as “anonymous” at it seems. According to new research from the Massachusetts Institute of Technology published in Science, it only takes four additional pieces of data to identity 90% of credit cardholders. Researchers at MIT...

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50 Million Credit Card Consumers Now Have Access To Free Credit Scores

 New Study Indicates that Consumers Access Credit Scores and Credit Reports in a Variety of Ways but Confusion Persists The Consumer Financial Protection Bureau (CFPB) reported that more than 50 million consumers now have free and regular access to their credit scores through their monthly credit card statements or online. Last year, the CFPB...

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Consumer Financial Protection Bureau Study Finds That Arbitration Agreements Limit Relief for Consumers

Today, the Consumer Financial Protection Bureau released a study indicating that arbitration agreements restrict consumers’ relief for disputes with financial service providers by limiting class actions. The report found that, in the consumer finance markets studied, very few consumers individually seek relief through arbitration or the federal courts, while millions of consumers are eligible...

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Avoid Becoming a Victim of Today’s Biggest Scams

March 3, 2015
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By LowCards.com Protecting your financial data and personal information is critical, especially when massive data breaches and identity theft cases seem to occur every week. Becoming aware of the scams being used by thieves can help people avoid falling victim to these deceptive methods. Since this is National Consumer Protection Week (March 1-7), it’s...

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