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Credit Cards

WNYC News

Bill Would Ban Credit Checks By Employers

Wednesday, April 15, 2015

Advocates say asking for credit history puts people with bad credit or no credit in a bind.

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WNYC News

American Credit Cards in Cuba?

Saturday, December 20, 2014

WNYC
WNYC's Julia Longoria talks to frequent visitors to Cuba about what the new regulations might mean — and what's still missing.

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The Takeaway

Merchants Gain Say on Cost of Credit Cards

Monday, December 23, 2013

A federal judge has ruled that retailers can now institute a surcharge on consumers who pay by credit card, creating what some fear may become a two-tiered pricing system for shoppers. Joining The Takeaway now to weigh in are Mallory Duncan, senior vice president and general counsel for the National Retail Federation and Dawn Casale, owner of One Girl Cookies in Brooklyn, New York.

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Transportation Nation

For D.C. Cab Drivers, Rollout Of Credit Card Payments Has Been Anything But Smooth

Thursday, October 31, 2013

WAMU

And then there were five: of the eight payment service providers D.C. approved to supply credit card systems to city taxis, three have faced significant problems. Now, the lawsuits are beginning.

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Transportation Nation

Nine Hundred D.C. Cab Drivers Scramble To Find New Credit Card Payment System

Wednesday, October 30, 2013

WAMU

For the second time since all District taxicabs were required to accept credit card and smartphone payments beginning this month, another company tapped by D.C. to  process those transactions is having major problems.

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Transportation Nation

D.C. Cab Drivers Protest Credit Card Deadline, Citing Installation Problems

Wednesday, September 25, 2013

"Extend the deadline! Extend the deadline!" they chanted.

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The Takeaway

Credit Card Complaints Have a New Home

Thursday, June 21, 2012

Frustrated with your credit card company? If you once felt like your complaints were going unheard, that may be changing. The Consumer Financial Protection Bureau launched a new website this week inviting the public to submit their complaints against credit card companies.

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The Takeaway

The Tendency to Overestimate What Others Will Pay

Thursday, January 12, 2012

The Journal of Consumer Research recently published a study called "Overestimating Others' Willingness to Pay" which outlines the "overvaluing bias": the tendency to overvalue what another person would pay by nearly 40 percent. While this phenomenon is not new to social psychologists, it clearly influenced the years of easy credit and has more broadly moved Americans away from cash to credit cards.

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WNYC News

Financial 411: A Look at Credit Card Rules, Two Years Later

Tuesday, May 10, 2011

Microsoft to Buy Skype for $8.5 Billion

Microsoft said it will buy Skype, the Internet telephone service, for $8.5 billion. The tech company said communications are the backbone of the company, and that Skype's services will be combined with existing Microsoft products. The deal would be the largest in Microsoft's 36-year history.

"Skype has developed multiple revenue streams, and overall revenue has grown 20 percent year over year, and I think represents a very significant go-forward opportunity," said Steve Ballmer, Microsoft's CEO.

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WNYC News

Financial 411: New Credit Card Protection Rules in 2011

Wednesday, February 23, 2011

At one point Wednesday, oil was trading at more than $100 a barrel, the first time since October of 2008.  At the end of the day, the price settled at just over $98.

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The Takeaway

Cash or Credit? Financial Regulations Bill Could Affect Debit Card Fees

Friday, May 14, 2010

Retailers are currently charged when they swipe a card, and for small purchases the swipe fee can be more than the profit. Yesterday's amendment to the financial regulation bill says the credit card companies can't prevent retailers from changing the price depending on whether the customer is using a card or paying cash. Ultimately, this could lead to fee regulations by the federal government. Takeaway Washington correspondent, Todd Zwillich explains.

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The Takeaway

Credit Card Horror Stories: What's Yours?

Wednesday, May 20, 2009

A bill putting new regulations on credit card companies is working its way through Congress. What problems would you like the bill to address? High interest rates? Misleading or unclear information? Too-short grace periods? Let us know your credit concerns.

What's your take? Leave a comment below or record your story at 1-877-8-MY-TAKE.

  "Her interest rate was going to go from 8 percent to 23.9 percent just for missing a single payment" (5/20/2009)

  "The cash advance seems to be behind the balance I have." (5/20/2009)

  "They need to implement usury laws." (5/20/2009)

  "Put limits on how much they can increase the rates by?" (5/20/2009)

  "The unintended consequence of this bill will be a tightening of credit" (5/20/2009)

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The Brian Lehrer Show

Your Uncommon Observations On Air

Tuesday, February 10, 2009

Google map shot of Maffei Pizza shop

Google map shot of Maffei Pizza shop

The reports coming in from all over the metro region give us a unique view of how changes in the economy are affecting you, your neighbors and your communities. With ...

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