Content about Credit card

By late 2008, Mike Petro had seen enough. It was, for many, the height of the financial mess in this country, marked by bank failures, mortgage crisis, and bailouts; in his view, the financial structure of the United States was teetering on the brink.

“Middle-class workers were taking out home equity loans to pay bills because they were maxed out on their credit cards; their 401(k) plans were shrinking,” Petro said.

A Home Depot sales associate in Deerfield Beach, Fla., helped end an organized crime operation that defrauded the retailer of more than $97,000 in merchandise, according to an article in the Sun Sentinel.

Authorities arrested Bobby Joe Ellis Staley, 34, who they claim was able to make fraudulent purchases by duping the company that handles credit card accounts for Home Depot into adding him as an authorized purchaser.

Home Depot credit card holders are receiving cards with a new design, new promotions and a new emphasis.

With store credit cards known in the industry as "billboards in the wallet," Home Depot has sharpened its messaging on both sides of the card.

Customers paying with their Lowe’s Consumer Credit Card receive an immediate discount of 5% on in-stock and special order purchases bought in stores or online at lowes.com, Lowe's said.

Customers with single-receipt purchases of $299 or more can choose between the 5% discount or special financing currently advertised.

A man who worked at a Raleigh, N.C., lumberyard was arrested and jailed on March 9 for allegedly using a credit card belonging to his employer, according to an article in the News and Observer. 

Kendryl Direlle Garner, 42, was accused of making $797.40 in unauthorized purchases in April using the credit card of his employer, American Woodyards, a supplier of custom, cut and specialty lumber. 

A man suspected of using stolen credit cards and personal checks to make purchases from a Northern California Home Depot was arrested after sales associates noticed a variety of credit card orders were being shipped to the same residence, according to an article in the San Francisco Chronicle.