Credit Card Offers

TransUnion has just released the second update to its 2010 Payment Hierarchy study, which has been tracking the changing consumer debt repayment preferences in the post-Lehman world. It tells us that Americans are still far more likely to be current on their credit cards than on their mortgages, which has been the case for the past four years, as seen in the graph below.

However, it turns out that neither of these debt categories is Americans top concern. Being current on their auto loans was by a wide margin consumers top debt repayment priority in 2011, the new data tell us.

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We are football club supporters who object to the presence of banner advertisements for Wonga.com on the websites of the clubs we follow. The clubs we support are among the 80-plus which use an otherwise excellent standard website platform – adapted with local content – provided as part of a package deal with the Football League, through their internet subsidiary, Football League Interactive.

There has been an enormous amount of adverse commentary in the press and parliament of the business practices of Wonga.com (Report, 2 March) and the dozens of similar “payday loan” companies. It has been argued that these companies are doing nothing illegal – but that is only because there are at present few, if any laws, restricting their activities in UK. Their

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The nations 31 million credit cardholders can expect to start seeing a new type of credit card statement land on their doormat for the first time.

The new annual statement, which has been developed by The UK Cards Association in partnership with the Department for Business, Innovation and Skills, will help customers see at a glance how they have used their credit card over the previous 12 months, as well as any fees and costs incurred.

Melanie Johnson, Chair of The UK Cards Association says: “Annual credit card statements will help empower customers by giving a clear view of how theyve each managed their plastic over the past year.

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Very recently, the British media marked a new record high in that countrys gas (sorry, old chap: petrol) pump prices: £1.40 a liter. That translates into $8.40 a U.S. gallon for regular. Does that make you feel any better about paying roughly half that to refill your car? Probably not. The fact that, as a result of tensions in the Middle East, the whole world is suffering but that doesnt really reduce your pain.

Rewards credit cards ease sting

On March 23, The Palm Beach Post suggested something that might just take the edge off: using your rewards credit cards at the pump.

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Dear To Her Credit, I had some credit cards back in 1996. At that time, I was married. My husband and I divorced in 1997. I got my maiden name back during the divorce. I received credit card bills in my married name for several years, but then it changed to my maiden name. I have not paid on these credit cards bills since 1997.

How many years can the credit card company go back? The credit card company has been bought out several times now. They offered me a settlement, but I still have not paid them. I live in Kentucky.

I started receiving Social Security Disability in 2000, so I’m on a very limited income now. I am living from month to month on my disability checks.

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Mastercard has confirmed that U.S. based payment processor Global Payments Inc. has had a security breach, potentially compromising up to 10 million credit card accounts. The Secret Service has confirmed the incident and is currently investigating.

Mastercard has taken immediate steps to minimize the damage, releasing a statement Friday addressing the issue. “As a result, we have alerted payment card issuers regarding certain MasterCard accounts that are potentially at risk, Mastercard’s representatives wrote. “Ma

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