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Costco picks Visa and Citigroup as new credit card partners

Costco's new credit card will "provide generous rewards," says a company spokesman who had no details about what its features would be. Above, a Costco store in Alhambra in 2013. (Federic J. Brown, AFP/Getty Images)

Visa International and Citigroup will elbow aside American Express next year as

Costco Wholesale Corp.

's exclusive credit card supplier, the giant discount retailer said, leaving...

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Who is responsible for credit card debt after a death?

Dear Liz: My mother, who is widowed, has credit card debt. When she dies, are my sister and I responsible for that debt? There is no estate, but she does have a small amount of life insurance that mainly would go toward her funeral expenses and fixing things in her home to get it ready for sale.

Answer: If your mother owns property, then she has an estate. If she has any equity in the property...

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"Costco names Citi, Visa as new credit card partners after ...

UPDATE: Costco picks Visa and Citigroup as new credit card partners

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The Costco partnership represented 8%, or $80 billion, of AmEx's billed business and about 20%, or about $14...

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Credit giant Equifax says Social Security numbers, birth ...

Equifax, one of the nation's three major credit reporting firms, announced Thursday that its computer systems had been breached, leading to the unauthorized accessing of Social Security numbers and birth dates of up to 143 million U.S. consumers.

The Atlanta-based company said the intrusion -- enabled by a website vulnerability -- occurred from mid-May through July. The issue was discovered July...

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Chase settles lawsuit over debt collection - L.A. Times

The nation's biggest bank will pay $50 million to settle allegations that it used illegal and abusive debt-collection practices to squeeze money out of California credit card customers.

The deal settles a 2013 lawsuit brought against

JPMorgan Chase

Kamala Harris

and follows a national settlement over similar allegations.

Harris said that from 2009 to 2013 Chase miscalculated the amounts that...

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