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The new credit card or visa card  will be sent this year 2015 in US, it most likely will come with a small, shiny chip on the front.The reason for this is , cyber crime , stealing data from the consumers  and also the hackers frustrated credit cards consumers.Furthermore, according to Master card Customer Survey about 77% fear their financial information will be stolen , also the internet fraudulent.Also, US consumers have to cut off the old cards , activate new cards and also change all the information where you set up auto pay.So at last US consumers getting "Chip and Pin" credit cards where all the other countries used for years. Also, when the US consumers go to holiday in Europe, they try to use the old without chip and pin card , they get funny look from merchants and sometimes they even get turned away. So why for US consumers took so long to get "Chip and Pin" cards? According to Fortune(2015) , other markets had more significant fraud faster and ...

American Express are not acceptable in everywhere. Even in UK, some restaurant and bars do not accept Amex. Some people before dinning in they always ask ,by the way do you accept Amex ?Also , in Wales , and Scotland most of the merchandise do not accept cards .As a result , the tourists forcefully had to use Visa cards or other cards. Furthermore, it is not acceptable in ASDA and ICELAND on online .People find it hard to use because at the moment most of the shopping we do in Online. Many companies like e-buyer do not accept Amex .So why most of the companies do not accept Amex ? Because they charge a higher transaction fee that Visa or MC. Visa and MC might charge 1 to 1.5% of the purchase price while Amex is more around 3-4%. Also  they hold to the money for longer too. So financially, not convenient for small businesses and/or low profit margin stores like wholesale. This is the complication are facing Amex user .But if is there more complication to use Amex ,...

I remember the guy who was studying with me last year of my bachelor degree.I was bit worried that how am I gonna get my admission fee for masters.I spoke to him and he seemed like he was having time of his life. . He was happy because he got his money sorted for admission.I asked him , "How did you get the money?".He replied that ,"I got £5000 overdraft, then credit cards like £400.I was bit jealous , why I don't get that kind of money.So he got the admission into the university and paid like £8000 from overdraft and cards.He was so happy and started to go to uni and hang out with friends.But the trick is when his bills started to coming.So I met him  six months later and asked him what is going on?The he explained to me what the implication of using credit cards and overdrafts.His income was much less than his direct debit.He couldn't save the money , so he used take the money out from his account before the direct debit date .Then at the end his di...

https://www.youtube.com/watch?v=5FIhkFldTFc Unlike your credit report, which you can get at no cost to you, you usually have to pay for your credit score. There are certain instances in which you are entitled to your credit score for free, for example if you are denied a loan on the basis of your credit score. Who compiles credit reports? In the UK, there are three main companies that compile information on how well you manage credit and make your payments. They are: Experian Equifax Callcredit Who looks at your credit report? When you apply for credit the process usually involves you giving your permission to the lender to check your credit report. The term ‘credit provider’ doesn’t only include banks, building societies and credit card companies but mail-order companies and, for example, providers of mobile telephone services – if you have a phone contract (but not if you’re on a pay as you go deal). Employers and landlords can also check your credit report...