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Visa and Mastercard Settle $6.2 Billion Lawsuit

Credit Card networks Visa and Mastercard have settled a lawsuit that alleges the two companies violated antitrust laws by fixing prices, specifically the fee a merchant pays when a credit card is swiped. This alleged price fixing benefitted the banks that issue credit cards in partnership with Visa and Mastercard at the expense of merchants.

You Can Now Freeze Your Credit Report for Free

You can now freeze your credit reports from the three major credit bureaus free of charge. This is thanks to amendments to the Fair Credit Reporting Act that were passed as part of the Economic Growth, Regulatory Relief, and Consumer Protection Act in the House of Representatives on May 22nd. The new regulations just came into effect last Friday.

How to Use Stimulus Debit Card (EIP card) and Fees You Need to Be Aware of

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Crash Course: Credit Cards VS Debit Cards in 2021 and 2022

Credit Cards VS Debit Cards, which is a better option for your spending habits? We answer that question in this crash course, looking at rewards, fraud protection, ATM use and the effect on your credit score. Plus a bonus on some credit and debit cards that you could use!