Credit Cards

Discover why Wyoming ranks lowest in credit card debt increase, with insights on financial trends across the nation.

The fee will go into effect on Jan. 1, 2019.

Some of these skimmers transmit the information directly to thieves at another location.

Research indicates that the national average credit card limit is $16,737 and the average credit card debt is $4,903.

"It's a learning process for us," says Simmons. "I think it's the first time anyone has seen that happen in this area."

It's no battle of small fry as banks and big retailers go at it in the aftermath of the holiday season data breach at Target.

Consumers should continually monitor their accounts and statements, and to report any noted criminal activity.

Current laws prohibit merchants from adding surcharges to credit card transactions, even though the merchants themselves are dinged with fees for accepting the cards. But thanks to a lawsuit brought by retailers against card-issuers, all that could soon change.