Credit-card issuers on the prowl for more fees
"They [credit card issuers] are very good at the letter of the law, just not the spirit of the law," said Ken Lin, chief executive of CreditKarma.com, which tracks card activity.
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Debit or credit? One is safer for those concerned about fraud
Ken Lin, CEO of Credit Karma, said consumers who are concerned about fraud should use credit cards instead of debit cards because of the certainty of the federal rule that limits liability to $50.
PersonalFinance: What to do about your credit cards now
Ken Lin, CEO of CreditKarma, says he's seeing some issuers add "processing fees" for new cardholders...
U.S. Consumer Card Balances Decline
U.S. consumers' average credit card debt in May fell to its lowest level so far this year, while credit scores held steady, according to new data Credit Karma released June 9.
Banks, Consumers See Card Stats Improve
"The rate of charge-offs seems to have peaked in December 2009 and January 2010," said Ken Lin, CEO of Credit Karma, the advocacy group.
Credit card debt up 8% in a year, but down in S.F.
In May, U.S. credit card debt was up 8 percent since last year, according to a report from Credit Karma Inc.
9 Credit Score Myths, Debunked
Ken Lin, chief executive of the Web site CreditKarma.com, explains that while all of the credit bureaus (the main ones are Experian, TransUnion, and Equifax) use the same criteria to judge your "credit worthiness" and often come up with similar scores, they can vary because they have different information and may analyze it slightly differently.
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