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NEW YORK — With unemployment high and personal wealth diminished, how was it that strapped consumers were paying down their credit card debt last year? It turns out they probably weren't. The bulk of 2009's drop in credit card debt instead came ...
Read moreClick to enlarge image A new law means most parents now have to choose whether to help their kids get a credit card, or send them off to college with less flexible choices such a debit or prepaid cards. (SouthtownStar file photo) The right choice ...
Read moreNEW YORK - (Business Wire) Fitch Ratings has published 'Credit Card Movers & Shakers' containing January 2010 performance. U.S. prime credit card chargeoffs rebounded almost to the near-record levels set last fall, according to the latest Credit Card ...
Read moreNEW YORK - (Business Wire) Fitch Ratings withdraws the 'F1' rating assigned to the asset-backed commercial paper (ABCP) issued by BA Credit Card Trust Series Class A (2001-Emerald). Fitch will no longer provide a rating or analytical coverage for BA ...
Read moreSouthwestern Foods, which does business as Jose Pepper’s Border Grill & Cantina. The suit alleges that the restaurant company violated the Fair and Accurate Credit Transactions Act by printing ... The new offer for all outstanding shares also ...
Read moreINTERESTED in credit card theft? There's an app for that ... suspicious patterns of activity, such as data flowing to a computer in a country that the company does not do business with. Pirc says that the approach can pick up danger signs even if no ...
Read moreCredit card holders will be offered greater protection from spiralling debts, although the changes are watered down from original proposals. Consumers will be given 60 days to reject changes in the interest rates charged on their existing debts. They ...
Read moreA convicted embezzler out on parole who snagged a multimillion-dollar business tax credit from the state of Michigan was ... lived next door to Short had money taken out of her bank account with an ATM card after Short persuaded her to give him power ...
Read moreDifferent from debt consolidation, debt settlement is a program whereby a consumer's or business credit card debt is negotiated through a debt arbitration firm directly with the credit card companies. In most cases, credit card debt that is ...
Read moreNEW YORK (Reuters) - Credit card delinquency rates slipped or held firm at five major U.S. lenders last month, showing fewer Americans are falling behind on bills and suggesting the worst of consumers' stress may be over. Charge-off rates were mixed ...
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