Credit Card Charges | Credit Card Topics

Chargebacks911: Management Solutions to Help Online Merchants Preserve Sales and Protect Customer Relationships

By: Adam West, 8/28/2019

In a Nutshell: Consumer chargeback requests with card issuers contribute to between $30 billion and $60 billion in lost revenue for online merchants each year. But Chargebacks911 helps sellers retain revenue while protecting customer relationships with its comprehensive, service-oriented approach to settling chargeback disputes. Before transactions take place, Chargebacks911 is proactive in assisting merchants with compliance and fraud mitigation. The company acts as a liaison between... read more »

2019 Guide: “How Does Credit Card Interest Work?”

By: Brittney Mayer, 7/24/2017

If you've ever wondered, "How does credit card interest work?" read on — it's not as complicated as it may seem. If you understand the formulas involved, calculating important personal finance numbers typically requires no more advanced skills than those of simple arithmetic. In many cases, the apparent difficulty of finance-related mathematics is due more to a confusion of concepts and terms than the need for calculus and derivations. This is particularly apparent when one cracks... read more »

What is APR on a Credit Card? 9 Best Low-Interest & 0% APR Cards

By: Linsey Knerl, 5/30/2017

If you’ve been considering applying for a new credit card, you’ve likely heard a lot about the term “APR”. This term is perhaps the most critical factor in deciding which card to get, and it can be used to put you in a better overall financial situation – if handled correctly. Here are the facts about APR, why it matters, and what you can do to make it work for you. Low APR | 0% Intro APR | 0% Balance Transfer APR APR Stands for "Annual Percentage Rate" One of the... read more »

The Merchants Payments Coalition: 2.7M Stores and 50M Employees Fighting for a More Transparent Credit Card System

By: Ashley Dull, 4/29/2016

In a Nutshell: More than ever before, consumers are choosing credit as their preferred method of payment for the added security and rewards-earning potential they provide. However, the current fee of up to 4 percent per transaction that the credit card associations — Visa, MasterCard, American Express, Discover — impose each time someone swipes their card has become the second-highest operating expense for most merchant businesses. With credit card associations earning as... read more »

My Credit Card Was Used Fraudulently (Here’s What to Do)

By: Eric Bank, 1/19/2016

Even with today's increased security measures, credit cards can still be susceptible to fraud. Just a few months ago, my credit card was used fraudulently. Thankfully, I was able to recover the funds lost through the duplicitous purchases. If you find yourself in a similar situation, and your credit card was used fraudulently, here's what to do. The IRS's advice is to place a “fraud alert” or a “credit freeze” on your credit account. You can also use a credit monitoring or... read more »

Consumer Guide: California Credit Laws

By: Ashley Dull, 11/24/2015

California is notorious for its beautiful scenery, Hollywood celebrities, surfing and wine country — but California is also recognized for having many unique laws (like how women are prohibited from driving in house coats...), including some pertaining strictly to credit card usage. For example, if you’re using a card to make an in-store purchase and the cashier asks for your address, did you know this is against the law in California? Where I live in Florida, I am asked for... read more »

10 (Unbelievable) Government Credit Card Abuses

By: Logan Ladnyk, 7/9/2015

Remember when an audit found Pentagon employees spent more than $1 million at casinos and adult entertainment? It's just part of a much larger pattern of abuse. In 2008, a Government Accountability Office report noted that government-issued cards could be easily abused. Since then, controls have been implemented but fell drastically short, as scandals came out every few months. The Government Charge Card Abuse Prevention Act, passed in 2012, was designed to combat these problems. ... read more »