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Hackers Steal Credit Card Info From 40 Million Target Customers

Approximately 40 million credit and debit card accounts used by Target customers may have been impacted by a major data breach, the retailer said Thursday. Customer names along with credit and debit card numbers may have been accessed, as well as the expiration date and three-digit security code on the back of each card, the store said.

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Credit Card Delinquencies Reach 11-Year Low — Dollars and Sense

These days more credit card customers are paying their bills on time than they have over the course of the last decade.

A report released earlier today by the American Bankers Association indicates that delinquencies on credit cards are currently at an 11-year low, with only 2.93 percent of credit accounts reported past due by 30 days or more. These figures come in substantially under the 3.91 percent 15-year average.

So, what’s with all of the newfound responsibility?

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Joe Raedle, Getty Images
Joe Raedle, Getty Images
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Credit Card Interest Rates Hit Near-Record High — Dollars and Sense

If you have a new credit card, chances are good you’re paying more for the privilege now than ever before — interest rates have reached an almost unparallelled high.

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