Consumers tend to rack up a lot of credit card debt during the fourth quarter, largely due to holiday expenses. This year, by one estimate, the average holiday shopper is on track to spend around $800. For many, that means financing, which remains a double-edged sword despite historically low interest rates and an array of new consumer protections. It can either save you a lot of money in interest and fees or trip you up with caveats buried in fine print that drastically inflate your expenses. Here are three of the best and three of the worst financing offers for holiday shoppers in 2012:
Attorney General Eric Holder wants Congress to hold retailers to a standard to promptly disclose a significant data breach to consumers and to law enforcement.
Though the National Retail Federation predicts that Valentine's Day spending will be lower than usual this year, Dealnews writer Lou Carlozo breaks down some of the more outrageous spending numbers.
Super Bowl Sunday is one of the country's major 'food holidays,' second only to Thanksgiving. This year, hungry Super Bowl viewers can expect lower food prices on Buffalo wings, but pizza, avocados, and chocolate will be more expensive.
In order to prevent return fraud, retailers are collecting data to create 'return profiles' of customers. In some cases, customers could be shut out from returning merchandise.