Credit Card Theft Suspects Sought By Heath Police

HEATH, Ohio -- Licking County Crime Stoppers and Heath police are looking for two suspects accused of using a stolen credit card in a Heath area grocery store.

According to Crime Stoppers, a wallet containing credit cards was stolen from a woman while she was shopping at a Heath store.

Two women were seen on security video using the credit cards at a Heath area Carnival Foods store.

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Meet the Man With 50 Credit Cards

NEW YORK (MainStreet) — Scott Bilker first applied for a credit card in the late 80s when he realized he would need to borrow money to pay his tuition bills. His efforts to avoid paying interest and score better deals quickly got him a very fat wallet.

“I knew it was expensive to use credit cards and had to find a way to minimize the costs,” he says. His quest for the best rewards deals, coupled with his desire to prove he could still get banks to lend to him after accumulating 20-plus accounts, led him to amass more than 80 credit cards by 2007.

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Credit-Card Borrowing Surged Over Holiday Period

U.S. credit card debt posted the second solid increase in a row during December, an indication Americans stuck with meager wage gains borrowed to pay for their holiday celebrations.

The increase helped raise the level of consumer credit outstanding by a whopping $19.31 billion to $2.498 trillion, Federal Reserve data Tuesday said. Economists surveyed by Dow Jones Newswires had forecast a $7.5-billion increase.

Revolving credit, which includes credit-card debt, increased in December by $2.76 billion, to $800.98 billion. November revolving credit rose $5.58 billion, the biggest increase since March 2008.

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Credit card debt: Don't forget the lessons from financial crash

The financial crash of 2008 forced borrowers and lenders to cut back on seeking and issuing credit for a few years, but this has been changing since late 2011.

Credit card debt dropped in 32 of the 36 months of 2009 through 2011 as cardholders spent less and issuers lowered credit limits, tightened approval guidelines and canceled risky accounts, says Bill Hardekopf, CEO of LowCards.com.

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PaySaber Secure Credit Card Solution Hits CES

LAS VEGAS, Jan. 10, 2012 -- LAS VEGAS, Jan. 10, 2012 /PRNewswire/ -- ShowStoppers @ CES 2012 -- PaySaber, the most secure and advanced credit card solution for the iPhone, iPod touch and iPad has hit CES. The PaySaber devices and accompanying application provide feature-rich solutions to ensure that you can accept payments anywhere, anytime. Whether you are a small-shop merchant or an enterprise-size company, PaySaber mobile point of sale solutions will work for your business.

For the smaller business, the PaySaber Clip is ideal. This secure, encrypted card reader is the latest addition to the PaySaber line and the first to be compatible with the iPad, as well as the iPhone and iPod Touch. Designed to be simple to use, it allows merchants to easily "clip" the device on and off and easily interchanges between other iOS devices.

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Preventing Credit Card Theft + Inside Visa’s Top Secret Data Facility

ABC’s Eric Johnson and Lauren Effron report:

‘Tis the season to swipe the credit card – and to be on alert.

As shoppers rush home with their treasures, all purchased with just one swipe of a piece of plastic, it comes with one great risk: credit card fraud.

About eight million American were victims of fraud this past year, and almost half of those reports were linked to stolen card information.

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To his credit, he's still using the gold dollar coin

The Sacagaweas and Jeffersons are bright, smooth and easy to use. In a world where cash is becoming an abstraction, and where credit cards can be a problem, he finds it worth the occasional scorn to reclaim tactile control of his money.

You can probably hear it when I walk down the hallway: the sound of gold dollar coins jingling in my pocket.

I use them everywhere: the dry cleaner, the store, my favorite diner. No, they are not a heavy burden, I tell skeptics. When brand-new, they're like shimmering drops of sunshine.

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