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Keyword: credit

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  • Credit service shuts down payments on all gun purchases (Intuit)

    06/12/2018 5:28:27 AM PDT · by akalinin · 56 replies
    New York Post ^ | 06/11/2018 | Lois Weiss
    Several gun-related businesses were suddenly and without warning disrupted in recent weeks when Intuit stopped processing credit card payments because sales were gun-related, The Post has learned.
  • Visa network crashes and sparks card payment chaos (Europe)

    06/01/2018 11:02:59 AM PDT · by MarchonDC09122009 · 86 replies
    The Guardian ^ | 6/1/2018 | Guardian
    https://www.theguardian.com/money/2018/jun/01/visa-card-network-crashes-and-sparks-payment-chaos Visa network crashes and sparks card payment chaos Millions left unable to pay in shops, petrol stations and railway stations across UK and Europe Payment chaos after Visa network crashes live updates Patrick Collinson Fri 1 Jun 201812.40EDT
  • Banks, Credit-Card Companies Explore Ways to Monitor Gun Purchases

    04/30/2018 3:39:32 AM PDT · by abb · 61 replies
    The Wall Street Journal ^ | April 30, 2018 | AnnaMaria Andriotis, Telis Demos, and Emily Glazer
    Banks and credit-card companies are discussing ways to identify purchases of guns in their payment systems, a move that could be a prelude to restricting such transactions, according to people familiar with the talks. The discussions are preliminary but could be deeply controversial. Gun-rights groups have long resisted any effort to monitor which Americans own guns; there are federal laws limiting the governments use of electronic databases of gun sales. The financial companies have explored creating a new credit-card code for firearms dealers, similar to how they code restaurants, or department stores, according to people familiar with the matter. Another...
  • JPMorgan Chase, Bank of America & Citi bar people from buying bitcoin with a credit card

    02/04/2018 3:49:25 AM PST · by C19fan · 92 replies
    CNBC ^ | February 2, 2018 | Evelyn Cheng
    J.P. Morgan Chase, Bank of America and Citigroup said Friday they are no longer allowing customers to buy cryptocurrencies using credit cards. "At this time, we are not processing cryptocurrency purchases using credit cards, due to the volatility and risk involved," a J.P. Morgan Chase spokesperson said in a statement to CNBC. "We will review the issue as the market evolves."
  • Economists in Agreement on Trump, not Obama, Getting the Credit for Recent Economic Gains

    01/22/2018 8:34:00 AM PST · by davikkm · 15 replies
    IWB ^ | Robert Carbery
    Democrats declare that Obama is responsible for the current economic growth we are witnessing. Republicans counter that President Trumps pro-business actions over the last year are to credit for the current economic climate. We hear the arguments from both sides of the aisle as to why their man and their party was to credit for the continued prolonged economic expansion including steady job growth and record high stock market prices. Fortunately for President Trump, the professionals agree with his argument that he is most responsible for the recent economic gains. According to a Wall Street Journal poll asking 68 business,...
  • The Inescapable Reason Why Financial System Will Fail: Credit cannot expand faster than fundamentals

    12/31/2017 7:32:14 AM PST · by SeekAndFind · 27 replies
    Peak Prosperity ^ | 12/30/2017 | by Charles Hugh Smith
    Modern finance has many complex moving parts, and this complexity masks its inner simplicity.Let’s break down the core dynamics of the current financial system.The Core Dynamic of the “Recovery” and Asset Bubbles: Credit Credit is the foundation of the current financial system, for credit enables consumers to bring consumption forward, that is, buy more stuff today than they could buy with the cash they have on hand, in exchange for promising to pay principal and interest with their future income.Credit also enables speculators to buy more assets than they otherwise could were they limited to cash on hand.Buying goods,...
  • Obama Administration Restricts Investigative Powers Of Inspectors General

    07/24/2015 9:22:14 AM PDT · by NormsRevenge · 37 replies
    FoxNews.com ^ | 7/24/15 | Kelly Riddell, The Washington Times
    July 23, 2015 The Obama administration formally announced that inspectors general will have to get permission from their agency heads to gain access to grand jury, wiretap and fair credit information an action that severely limits the watchdogs oversight capabilities, independence and power to uncover fraud. An opinion, issued by the Department of Justice's Office of Legal Counsel, says the Inspector General Act of 1978 which was written by Congress to create the government watchdogs in order to help maintain integrity within their agencies does not have the authority to override nondisclosure provisions in other laws, most...
  • Radical-in-Chief

    02/23/2015 8:08:47 AM PST · by Ray76 · 13 replies
    Frontpage Magazine ^ | January 13, 2011 | Stanley Kurtz
    [I begin] with the story of a series of Socialist scholars conferences that Barack Obama attended when he lived in New York City between the years 1983 and 1985. And when I finally reconstructed what had gone on at these Socialist conferences that Barack Obama attended, I truly was amazed because what I saw was a kind of map of Barack Obamas entire subsequent political career. It was at this Socialist conferences in New York in the mid-80s that Barack Obama encountered the groups, the strategies, and the mentors who would guide him throughout his entire political career. [T]hese Socialist...
  • Equifax Blather

    10/18/2017 7:36:12 AM PDT · by ptsal · 17 replies
    Equifax mass mailer ^ | Oct. 18, 2017 | Paulino Barros Jr.
    **Yes...this is a vanity*** On behalf of all of us here at Equifax, I want to express my sincere apology to you and anyone affected by our recent data breach. I can assure you that our number one priority going forward is taking care of you and giving you better control over access to your Equifax credit report. We realize that you likely enrolled in TrustedID Premier reluctantly, and unfortunately it may not have been an easy process. At first we were not fully prepared for the volume of calls, visits to our website and emails received in response to...
  • New Texas 130 owners to make $60 million in repairs to bumpy road

    10/10/2017 5:46:43 AM PDT · by Tolerance Sucks Rocks · 18 replies
    The Austin American-Statesman ^ | September 20, 2017 | Ben Wear
    The southern, privately built section of Texas 130, which has been an obstacle course of bumps and cracks since shortly after its October 2012 opening, will see $60 million of pavement repairs over the next year in 35 spots between Mustang Ridge and Seguin. Crews in many cases will be removing five feet or more of the roads sub-base, the treated and compacted soil layers that underlie the highways asphalt driving surface, replacing it with soil with different, stronger properties, and then repaving those rehabilitated sections. Some repairs will also include installation of impermeable layers of soil alongside the road...
  • Dear Equifax: Youre Fired. If Only It Were That Easy.

    10/08/2017 6:43:15 AM PDT · by ptsal · 29 replies
    NY Times ^ | October 06, 2017 | Ron Lieber
    The emails have landed in my inbox, one every other day or so since Equifax revealed that cyberthieves had helped themselves to the Social Security numbers and dates of birth of more than 140 million Americans in the companys files.**snip**I want out of Equifaxs system. That company no longer has permission to make money off my personal data. I want them to delete my file and never start a new one.**snip**So, can you dump Equifax? And if not, shouldnt you be able to?
  • Equifax breach: What you can do ... and what public pressure may do

    09/18/2017 4:23:10 PM PDT · by Jagermonster · 17 replies
    The Christian Science Monitor ^ | September 18, 2017 | Laurent Belsie
    SEARCH FOR SOLUTIONS Hackers broke into the credit-report company Equifax and stole personal data on up to 143 million Americans. Individual actions can help control the damage. And collective action may lead to new safeguards. The Equifax breach, which occurred over 2-1/2 months, compromised personal data, including Social Security numbers. The incursion affects three-quarters of US adults with a credit score. Heres a concise look at what happened, the variety of steps that consumers can take, and the pressure for new steps to guard credit data. Q: What happened? From mid-May through July, hackers exploited a weakness in the...
  • Two Equifax executives will retire following massive data breach

    09/18/2017 6:31:57 AM PDT · by C19fan · 18 replies
    Washington Post ^ | September 15, 2017 | Hamza Shaban
    A week after Equifax disclosed it suffered a massive data breach that may have compromised sensitive information belonging to 143 million people, the credit reporting agency's chief information officer, David Webb, and chief security officer, Susan Mauldin, are retiring, effective immediately, the company said in a statement Friday evening.
  • Credit Karma says it will offer credit monitoring for Equifax following this month's huge breach

    09/15/2017 12:02:08 PM PDT · by DFG · 23 replies
    techcrunch via yahoo ^ | 09/15/2017 | Matthew Lynley
    Credit Karma said it will add Equifax to its credit monitoring service as part of its free product, which proactively notifies members of significant changes to their credit report. It includes a whole suite of notifications for significant changes in credit queries, such as opening new accounts, a change in the status of an account, new personal information or a hard inquiry or application for credit. You'll probably find most of this in some other credit monitoring services, but Credit Karma is now looking to offer it for free as it looks to create a more simple tool for consumers...
  • How to find out if you're affected by the Equifax hack

    09/11/2017 7:25:14 PM PDT · by Tolerance Sucks Rocks · 57 replies
    CNN Money ^ | September 11, 2017 | Katie Lobosco
    You may have never used Equifax yourself -- or even heard of it -- but the credit reporting agency could still have a treasure trove of your personal information. Equifax said Thursday that 143 million people could be affected by a recent data breach in which cybercriminals stole information including names, Social Security numbers, birth dates, addresses, and the numbers of some driver's licenses. Additionally, credit card numbers for about 209,000 people were exposed, as was "personal identifying information" on roughly 182,000 customers involved in credit report disputes. Equifax is one of three nationwide credit-reporting companies that track and rate...
  • America Cant Afford to Rebuild: The entire nation has been built on credit for decades

    09/09/2017 8:07:07 PM PDT · by SeekAndFind · 32 replies
    The Automatic Earth ^ | 09/09/2017 | by Ral Ilargi Meijer
    A number of people have argued over the past few days that Hurricane Harvey will NOT boost the US housing market. As if any such argument would or should be required. Hurricane Irma will not provide any such boost either. News about the ‘resurrection’ of New Orleans post-Katrina has pretty much dried up, but we know scores of people there never returned, in most cases because they couldn’t afford to. And Katrina took place 12 years ago, well before the financial crisis. How do you think this will play out today? Houston is a rich city, but that doesn’t mean...
  • Equifax : Cybersecurity Incident & Important Consumer Information

    09/08/2017 7:02:03 AM PDT · by pikachu · 103 replies
    Equifax ^ | September 6th, 2017 | Equifax
    To determine if your personal information may have been impacted by this incident, please follow the below steps: Click on the below link, Check Potential Impact, and provide your last name and the last six digits of your Social Security number. Based on that information, you will receive a message indicating whether your personal information may have been impacted by this incident. Regardless of whether your information may have been impacted, we will provide you the option to enroll in TrustedID Premier. You will receive an enrollment date. You should return to this site and follow the How do I...
  • Equifax data leak could involve 143 million consumers

    09/07/2017 2:19:50 PM PDT · by granite · 37 replies
    Techcrunch ^ | 9/7/2017 | Ron Miller
    Security data breach equifax Equifax data leak could involve 143 million consumers Posted 25 minutes ago by Ron Miller (@ron_miller) Data leaks have become so commonplace that its incredibly easy to become numb to them, but credit reporting service Equifax announced a doozy today that when all is said and done could involve 143 million consumers. This is bad. It was a treasure trove of information for the bad guys out there and included Social Security numbers, birth dates, addresses and, in some instances, drivers license numbers. As though that werent bad enough, 209,000 people had their credit card info...
  • No rules for Congressional Federal Credit Union (CFCU)- George Webb advised

    08/30/2017 2:52:53 PM PDT · by wtd · 24 replies
    YouTube ^ | August 30, 2017 | Dave Action is Acting Out
    No rules for Congressional Federal Credit Union - George Webb advisedNOTE: Listen to the audio - the visuals are not directly related. The information is presented in a sarcastic tone. If I'm not mistaken, this is the voice of Dave Acton, brother of George Webb. Here is a transcript of this three minute video/audio clip. Here's that famous Armageddon beer commercial. Oh, this is Dave, by the way. Oh, hey! Do you want to send money to a terrorist organization? How about $165,000? Wouldn't it be great if we could all get together and support terrorism? That would be...
  • Why your credit card debt is about to get more expensive

    06/15/2017 9:59:01 AM PDT · by Lorianne · 48 replies
    source content cannot be posted due to copyright issues | 14 June 2017
    see below for link