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Since the onset of the national recession, millions of consumers have worked hard to reduce the amount of money they owe to lenders on all types of accounts, and those efforts continued to be effective in the third quarter of the year.
IPhone users tap their credit cards much more than other people who have smartphones, according to personal finance services company Pageonce.
For many young adults, the college years are a time for overindulgence. Students tend to engage in too much eating, drinking, all-night studying, partying, and credit card debt.
A recent study produced by data security company Imperva and the Ponemon Institute, found the Payment Card Industry's Data Security Standards, or PCI DSS, have proven successful.
Major U.S. credit card lender Capital One Financial reported consumers made more timely payments to lenders despite the temptations of the holiday spending season.
In a recent study of consumer debt by the New York Federal Reserve Bank of New York, economists found that the number of credit card accounts held by Americans rose during the fourth quarter of 2010.
In recent weeks, the amount banks charge to consumers for services that used to be free has been the subject of considerable debate.
The amount of money consumers spent on their credit and debit cards during the third quarter of the year increased dramatically for the world's second-largest payment processing company, and profits rose as a result.
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