Credit Cards http://kut.org en Analysts: Credit Card Hacking Goes Much Further Than Target http://kut.org/post/analysts-credit-card-hacking-goes-much-further-target The holiday season data breach at Target that hit more than 70 million consumers was part of a wide and highly skilled international hacking campaign that's "almost certainly" based in Russia. Fri, 17 Jan 2014 20:38:53 +0000 Elise Hu 9584 at http://kut.org Analysts: Credit Card Hacking Goes Much Further Than Target Credit Card Debt Cut: The Reason May Surprise You http://kut.org/post/credit-card-debt-cut-reason-may-surprise-you A Federal Reserve study showing that Americans lost wealth in the Great Recession turned up another, perhaps more surprising, result: Credit card debt fell sharply.<p>"The percentage of families using credit cards for borrowing dropped over the period; the median balance on their accounts fell 16.1 percent" between 2007 and 2010, the report concluded.<p>The data appeared Monday in the <a href="http://www.federalreserve.gov/pubs/bulletin/2012/pdf/scf12.pdf">Survey of Consumer Finances</a>, a widely followed source of information about the financial condition of American families.<p>The Fed stud Wed, 13 Jun 2012 13:14:57 +0000 Marilyn Geewax 4468 at http://kut.org Credit Card Debt Cut: The Reason May Surprise You Financial Services Series Begins Tomorrow http://kut.org/post/financial-services-series-begins-tomorrow <p>The City of Austin has teamed up with the Austin Housing Finance Corporation to host a series of <a href="http://www.austintexas.gov/event/free-financial-education-seminar">financial education seminars</a>. The first installment of the series will be held tomorrow night from 5:30 to 7:30 p.m. at the University Hills Branch Library, <a href="http://g.co/maps/pzchk">4721 Loyola Lane</a>.</p><p>&ldquo;One of the things they&rsquo;re going to learn about are things like how to choose the proper credit card. And I&rsquo;ll teach them about things like usury law,&rdquo; says Janice Kinchion, the Coordinator of Asset Management and Loans for the City of Austin.</p><p>&ldquo;Credit, in and of itself is not that difficult to get. What is difficult is the budgeting of it,&rdquo; Kinchion adds. &ldquo;Proportionate understanding of your income and how it can be spread among your expenses and needs is something that people just don&rsquo;t simply think about.&rdquo;</p><p> Mon, 09 Apr 2012 19:40:27 +0000 Andy Uhler 3998 at http://kut.org Financial Services Series Begins Tomorrow Credit Breach: Tips on Protecting Yourself http://kut.org/post/credit-breach-tips-protecting-yourself <p>The revelation that a leading credit card payment processor had <a href="http://kutnews.org/post/global-payments-says-15-million-credit-card-numbers-may-be-compromised">some 1.5 million card numbers breached</a> has put Texas consumers on alert.</p><p>Details are scarce about who has been affected at this point, but the latest potential for identity theft may raise a collective groan in Texas. Just a year ago, the State Comptroller&rsquo;s office revealed it had left <a href="http://kutnews.org/post/was-your-info-made-public-state-comptrollers-office">the Social Security information of 3.5 million state workers</a> online, on an unsecured webpage.</p><p>The Comptroller&rsquo;s Office offered those affected&nbsp;<a href="http://kutnews.org/post/how-get-year-free-credit-monitoring-texas-comptroller">one year of free credit monitoring</a>. But now that that period is drawing to a close.</p><p> Mon, 02 Apr 2012 21:52:06 +0000 Wells Dunbar 3955 at http://kut.org Credit Breach: Tips on Protecting Yourself Global Payments Says 1.5 Million Credit Card Numbers May Be Compromised http://kut.org/post/global-payments-says-15-million-credit-card-numbers-may-be-compromised Global Payments, a third-party processor of credit card payments for Visa, MasterCard and Discover, said late last night that the data breach <a href="http://www.npr.org/blogs/thetwo-way/2012/03/30/149697272/mastercard-visa-warn-of-credit-card-data-theft">made public last week</a> may have risked about 1.5 million credit card numbers.<p>"The investigation to date has revealed that Track 2 card data may have been stolen, but that cardholder names, addresses and social security numbers were not obtained by the criminals," the company said in a press release. Mon, 02 Apr 2012 20:11:55 +0000 Eyder Peralta 3954 at http://kut.org Global Payments Says 1.5 Million Credit Card Numbers May Be Compromised Greg Abbott Passes Financial Education Materials to UTSA http://kut.org/post/greg-abbott-passes-financial-education-materials-utsa <p>Texas Attorney General Greg Abbott relesed educational materials on to credit card and debt to the University of Texas at San Antonio.</p><p>The materials, created by the Attorney General’s Office, will be introduced during UTSA’s new student orientation.&nbsp; In 2007, Texas lawmakers passed a law requiring state colleges and universities to educate students about managing personal finances and to prevent potential debt problems.</p> Thu, 27 Jan 2011 22:56:31 +0000 Brad SeungJin Ryu 685 at http://kut.org Greg Abbott Passes Financial Education Materials to UTSA