Items Tagged with 'Credit card'

ARTICLES

  • Mr. Cooper launching mortgage-linked credit card

    Rewards customers with cash back applied to mortgage principal balance
    Mr. Cooper, the nonbank that officially left the name Nationstar behind on Monday, is already the most unique name in the mortgage business. As part of the company’s rebranding efforts, Mr. Cooper rolled out a number of features designed to improve its customers’ experience with the nonbank. But one of the features the company is rolling out is something almost unheard of in the mortgage business – a mortgage-linked credit card.
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  • Expected FICO changes to aid risky borrowers

    Will reflect utility payments
    Borrowers with a bad credit history are getting a second chance in the mortgage game. Fair Isaac Corp. is supposed to announce a new credit score metric as soon as this week that will help borrowers who are regarded as too risky by some lenders obtain mortgages, credit cards and auto loans.
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  • Home Depot warns customers with stolen email addresses

    Recommends customers be alert for phishing emails
    Home Depot today emailed the millions of customers whose email addresses were stolen in the massive data breach that also compromised 56 million payment cards: "In all likelihood this event will not impact you, but we recommend that you be on the alert for phony emails requesting personal or sensitive information."
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  • Home Depot hackers also stole 53 million emails

    Massive data breach gets worse
    In addition to the previously disclosed theft of the payment card data, Home Depot said Thursday that files containing approximately 53 million email addresses were also stolen, but advised that the files did not contain passwords, payment card information or sensitive personal information.
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  • Home Depot credit card breach surpasses Target's

    Estimates 56 million credit cards breached
    Home Depot continues to investigate its massive credit card breach, which is shaping up to be bigger than Target’s breach back in December 2013. And the true financial costs of the breach have yet to be determined.
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  • Report: Credit card debt nearing "tipping point"

    Payments getting closer to becoming unsustainable
    As the housing market continues to remain stagnant, consumers are quickly racking up credit card debt, teetering on the edge of instability. And the current trend for millennials doesn't look too promising either.
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  • Home Depot confirms massive credit card data breach

    Breach began in April, stretched into September
    The company said that anyone who used a debit or credit card at its U.S. or Canadian stores since April may have had their data stolen. The company said that its investigation into the breach is still ongoing.
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  • Home Depot may be victim of ginormous credit card data breach

    Many times larger than Target?
    The report states that a massive batch of stolen credit and debit cards went on sale in the “cybercrime underground” on Tuesday morning and that multiple banks are reporting that they are seeing evidence that the stolen credit data may have come from Home Depot stores.
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  • Consumers now prioritize home payments

    Mortgage payments beat out credit card bills
    Finally reversing a trend that started in September 2008, consumers are starting to prioritize paying their mortgage over credit card payments again.
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