Credit cards
Coverage of Credit cards in the Nexus archive.
- XP Enters Card Machines, Challenging Brazil’s Stone and Cielo
XP is expanding into card machines in Brazil, with 2025 card TPV reaching R$52.2 billion (US$10.3 billion), a 9% YoY increase. The company reported 1.5 million active cards in Q4 2025 and 4 million clients, challenging competitors Stone and Cielo.
- Bank Account Closed Over Check Scan
A person received a fraudulent check for a car accident settlement, deposited it online, and was later investigated for fraud, leading to their bank account closure. They are concerned about reversing the decision and its impact on opening new credit cards and their credit score.
- I paid for £150 of make-up with Klarna and I'm now £20k in debt trying to pay off credit cards, loans and 'pay later'
A person used Klarna to pay for £150 of make-up and accumulated £20,000 in debt through credit cards, loans, and 'pay later' services. The debt includes multiple financial obligations linked to buy-now-pay-later platforms and credit products.
- US my grandparents are getting scammed
The user's grandparents are victims of scams, with the grandfather having maxed out credit cards, taken out multiple loans, and claiming scammers are handling his car and title. The family is in Texas and seeking help.
- Millions of Americans take on debt and drain savings to afford food
A study reveals that 25% of working-age adults in the U.S. use credit cards to buy groceries but face difficulties repaying the debt. This highlights a broader issue of Americans relying on debt and depleting savings to afford food.
- Ex-Obama press secretary fired after allegedly swiping credit cards from colleagues to fund kratom habit
A former Obama administration press secretary was fired after allegedly stealing colleagues' credit cards to purchase $481 worth of kratom, a herbal supplement used for opioid withdrawal symptoms, at a smoke shop, according to security footage.
- Germany Files Charges in ‘Operation Chargeback’ Payment Scam
Germany has filed charges in a payment scam known as 'Operation Chargeback', which involves credit cards. The case highlights fraudulent activities targeting payment systems.
- Experts offer advice to manage credit card debt
Experts are providing guidance on managing credit card debt, which has reached record levels as many individuals rely on credit cards to address financial issues.
- [US]Anyone heard of the "Merchant Services" scam? And if so, what are they trying to do?
A business receives daily scam calls from individuals impersonating 'Merchant Services' to request sensitive information about a non-existent merchant account. Callers use spoofed caller IDs and attempt to deceive employees into divulging details, though no legitimate account or personnel exist. The scam appears designed to exploit potential vulnerabilities through social engineering.
- Fed holds interest rates steady: Here's what that means for credit cards, savings rates, mortgages and car loans
The Federal Reserve maintained interest rates in June, which could impact credit card rates, savings yields, mortgage costs, and car loan terms. The decision focuses on stabilizing financial conditions without introducing new changes to monetary policy.
- How to pick a summer vacation you can actually afford
WalletHub identified Atlanta, Orlando, Austin, Washington DC, and Honolulu as top summer travel destinations for their balance of affordability, good weather, and activities. The survey emphasized budget planning, cautioning against overspending with credit cards, and noted that over 50% of travelers worry about post-vacation bills. Lower-ranked destinations included Las Vegas, Baton Rouge, Des Moines, Jackson, and McAllen.
- Gang who brutally killed British couple then fed their bodies to crocodiles before spending £37,000 with their credit cards are convicted of murder in South Africa
A gang in South Africa has been convicted of murdering a British couple, whose bodies were fed to crocodiles, and using their credit cards to spend £37,000.
- Is now a good time to take out a personal loan for debt consolidation?
Personal loan costs may be lower than credit cards currently, making it a potential option for debt consolidation, but other factors should also be considered. This decision depends on various factors beyond just cost comparisons. Debt consolidation through personal loans can offer relief, but careful evaluation is necessary.
- Credit Cards Are Vulnerable to Brute Force Kind Attacks
Credit cards are found to be vulnerable to brute force attacks, which exploit security weaknesses by systematically trying combinations to guess card details. The article, hosted on Metin's blog, discusses this issue and has been discussed on Hacker News with 9 points and 4 comments.
- I was £15k in debt trying to pay off six credit cards and Klarna and Next accounts on a teacher's salary. Now I've cleared it all by following 7 simple rules you haven't heard before - here's how
A teacher successfully eliminated £15,000 in debt across multiple credit cards and buy-now-pay-later services by implementing seven personal financial rules. The article details a practical debt repayment strategy that transformed their financial situation on a modest teacher's salary.