Taking online shopping to the next level
Online shopping is fast becoming a favorite pastime amongst more and more consumers. Once upon a time, before the advent of online shopping, only housewives were the core target audience for armchair catalog shopping. They switch on the TV, see something they fancy on the local TV shopping network, make a quick call and ta-da, their items will be delivered to their doorstep in a matter of days.
Fast forward a decade or so into the future and we arrive smack in the middle of …

Illustration by Eddie Guy
MasterCard and Visa are highly reputable brands in the financial world – but what happens when card issuers misuse their power and ride on the giants’ reputation for their own gain? Apparently money cannot buy love, but money will buy them the license to issue cards bearing MasterCard and Visa’s emblem, ultimately sending huge profits along their way.
Hallmark Bank & Trust – Cause for Concern
Take the case of Hallmark Bank & Trust for example. With headquarters in the Turks and Caicos Islands, is affiliated with MasterCard and …

According to Investopedia, a subprime credit card is defined as:
A type of credit card issued to people with substandard credit scores or limited credit histories. These cards will typically carry much higher interest rates than credit cards granted to prime borrowers; they also come with extra fees and lower credit limits.
In other words, these credit cards are made especially for those with bad credit scores and are seeking credit through any means available. Some may be desperate enough to fall prey to predatory lending practices but I bet even they …

Prepaid gifts cards – Some love ‘em, and some hate ‘em. They make versatile gifts during the holiday season especially when one does not know what to present to a loved one. Others are not so fond of prepaid gift cards because they seem too impersonal. Whether you love or loathe prepaid gift cards, such as the ever popular Visa prepaid gift cards, you must agree knowing how to utilize them optimally will be advantageous to you in the long run. With the rising popularity of prepaid cards, you may …

The scam Recently, it has been reported that merchants are facing a new threat in the form of unethical credit card processing salespeople. These salespeople resort to unethical methods in order to garner more sales. It is believed that this is a rampant occurrence in Springfield where a company hires people to “force” merchants into switching their credit processing companies. Banks and credit card issuers who found out about this claim that these acts are not illegal but merchants are crying foul over the lack of ethics displayed by the …