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Fed OKs plan to rein in unfair, deceptive credit cards (North County Times)
Posted: May 4th, 2008, 9:14pm CDT
WASHINGTON ---- The Federal Reserve and other regulators initiated steps Friday to end "unfair and deceptive" credit card industry practices assailing consumers who are already struggling to cope in a bad economy. -
Credit Cards and Debt 101 (About.com)
Posted: May 4th, 2008, 7:27pm CDT
When you hear discussion about credit cards and debt, the first reaction tells you that debt is bad and should be avoided. Well, credit cards or any type of debt... -
Ask The Scotsman: Credit agencies blacklist people, not addresses (The Scotsman: Business)
Posted: May 4th, 2008, 6:32pm CDT
Q: I RECENTLY moved into a new flat and have begun to receive lots of red letters addressed to the previous tenant. Will I get this person's bad credit rating and is my ad -
A second chance for subprime borrowers (The Christian Science Monitor)
Posted: May 4th, 2008, 4:14pm CDT
An Oregon company offers credit cards to those with bad debt. It's good business, for both sides. -
Banks make up for bad times with fees (Pensacola News Journal)
Posted: May 4th, 2008, 12:59am CDT
Some banks are trying to make up for recent bad loans and resulting financial losses by raising fees on checking accounts and credit cards. -
Fed okays plan to rein in unfair credit cards (Concord Monitor)
Posted: May 3rd, 2008, 9:08pm CDT
The Federal Reserve and other regulators initiated steps yesterday to end "unfair and deceptive" credit card industry practices assailing consumers already struggling to cope in a bad economy. -
Managing Your Credit Card Debts (Carteret County News-Times)
Posted: May 3rd, 2008, 4:15pm CDT
(ARA) - Credit cards are not always a bad thing, if you are smart with how you use them. They enable us to buy items immediately, eliminate having to carry cash, and record and track purchases. Disadvantages include interest, fees, and increased impulse buying. -
Fed OKs plan to rein in credit cards (Fort Worth Star-Telegram)
Posted: May 3rd, 2008, 1:25pm CDT
By JIM ABRAMS The Federal Reserve and other regulators initiated steps Friday to end "unfair and deceptive" credit-card industry practices assailing consumers who are already struggling to cope in a bad economy. The proposed rules would be the biggest clampdown on the industry in decades, aiming at protecting people from credit-card companies that arbitrarily raise interest rates or don't give ... -
Credit Card Crackdown (The Morning Call)
Posted: May 3rd, 2008, 5:58am CDT
Fed wants to tighten rules on lenders, who say changes would drive up interest rates The Federal Reserve and other regulators initiated steps Friday to end ''unfair and deceptive'' credit card industry practices assailing consumers who are already struggling to cope in a bad economy. -
'Unfair' credit card practices targeted (San Diego Union-Tribune)
Posted: May 3rd, 2008, 5:18am CDT
WASHINGTON – The Federal Reserve and other regulators initiated steps yesterday to end “unfair and deceptive” credit card industry practices assailing consumers who are already struggling to cope in a bad economy. -
Bad Credit and Home Refinance (Carteret County News-Times)
Posted: May 3rd, 2008, 4:54am CDT
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit? -
Fed OKs rules to halt unfair credit cards (New York Daily News)
Posted: May 3rd, 2008, 3:32am CDT
The Federal Reserve and other regulators initiated steps Friday to end what was termed "unfair and deceptive" credit card industry practices assailing consumers who are already struggling to cope in a bad economy. -
Fed plans credit industry restrictions (Lexington Herald-Leader)
Posted: May 3rd, 2008, 2:17am CDT
WASHINGTON -- The Federal Reserve and other regulators initiated steps Friday to end "unfair and deceptive" credit card industry practices assailing consumers who are already struggling to cope in a bad economy. The proposed rules would be the biggest clampdown on the industry in decades, aiming at protecting people from credit card companies that arbitrarily raise interest rates or don't ... -
Credit officer arraigned in bad loans case (Poughkeepsie Journal)
Posted: May 3rd, 2008, 2:14am CDT
A former credit union employee accused of helping the owners of a local car dealership arrange more than $1 million in fraudulent auto loans pleaded not guilty Friday to grand larceny charges. -
Fed acts on unfair credit cards (The Tennessean)
Posted: May 3rd, 2008, 2:13am CDT
Financial banking regulators on Friday proposed the biggest clampdown in decades on credit card industry practices that critics say hurt those struggling to cope in a bad economy. -
Rules proposed to curb unfair, deceptive credit card industry practices (Sun-Sentinel)
Posted: May 3rd, 2008, 2:06am CDT
Rules proposed to curb unfair, deceptive industry practices The Federal Reserve and other regulators initiated steps Friday to end "unfair and deceptive" credit-card industry practices assailing consumers who are already struggling to cope in a bad economy. -
Fed OKs plan to rein in unfair, deceptive credit cards (AP via Yahoo! News)
Posted: May 3rd, 2008, 1:02am CDT
The Federal Reserve and other regulators initiated steps Friday to end "unfair and deceptive" credit card industry practices assailing consumers who are already struggling to cope in a bad economy. -
Fed OKs plan to rein in unfair credit card issuers (St. Louis Post-Dispatch)
Posted: May 2nd, 2008, 11:14pm CDT
WASHINGTON — The Federal Reserve and other regulators began steps Friday to end "unfair and deceptive" credit card industry practices that target consumers struggling in a bad economy. -
Federal Reserve approves recommendations for credit card industry (The Kansas City Star)
Posted: May 2nd, 2008, 10:32pm CDT
WASHINGTON | The Federal Reserve and other regulators initiated steps Friday to end “unfair and deceptive” credit card industry practices hurting consumers already struggling to cope in a bad economy. -
Fed Cracks Down On "Unfair" Credit Cards (CBS News)
Posted: May 2nd, 2008, 8:00pm CDT
The Federal Reserve and other regulators initiated steps to end "unfair and deceptive" credit card industry practices assailing consumers who are already struggling to cope in a bad economy. -
Bad Credit and Home Refinance (The Bradford Era)
Posted: May 2nd, 2008, 2:35pm CDT
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit? -
Bad Credit? Get Car Loan Approval (Carteret County News-Times)
Posted: May 1st, 2008, 4:39am CDT
(ARA) - Don't let a bad credit history hold you back from getting a car loan. There are bad credit car loans to rescue people with a less than perfect credit record. The key lies in locating a suitable lender who can explore all viable financing options. -
Credit crunch losses 'not be as bad as feared' (RTÉ News)
Posted: May 1st, 2008, 2:26am CDT
The scale of losses and the economic fallout from the credit crunch may not be as bad as feared and sub-prime write-offs could end up costing less than half market forecasts, the Bank of England said today. -
Bad Credit? Get Car Loan Approval (The Bradford Era)
Posted: April 28th, 2008, 6:20pm CDT
(ARA) - Don't let a bad credit history hold you back from getting a car loan. There are bad credit car loans to rescue people with a less than perfect credit record. The key lies in locating a suitable lender who can explore all viable financing options. -
Credit Card Rates On The Rise Amid Consumer Loan Losses (KOLR/KSFX Ozarks)
Posted: April 28th, 2008, 4:19pm CDT
Credit card rates are rising amid the numerous interest rate cuts by the Federal Reserve - some as much as 100 percent. Companies cite losses from other bad consumer loans as the reason for the rate hikes. -
Credit card fees going up for everyone (KING5 Seattle)
Posted: April 28th, 2008, 1:53pm CDT
Even responsible customers with good credit ratings face higher fees as bank try to recoup losses from bad loans, according to USA Today. -
Bad Credit and Home Refinance (Carteret County News-Times)
Posted: April 28th, 2008, 12:10pm CDT
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit? -
Credit Card Rates On The Rise Amid Consumer Loan Losses (KTAL Shreveport)
Posted: April 28th, 2008, 11:28am CDT
Credit card rates have risen amid the numerous interest rate cuts by the Federal Reserve. Companies cite losses from other bad consumer loans as the reason for the rate hikes. -
Credit Card Rates On The Rise (KARK Little Rock)
Posted: April 28th, 2008, 10:58am CDT
Credit card rates have raised amid the numerous interest rate cuts by the Federal Reserve. Companies cite losses from other bad consumer loans as the reason for the rate hikes. Those affected include customers who consistently pay their credit card bills on time. -
Credit card rates hustle higher (WZZM 13 Grand Rapids)
Posted: April 28th, 2008, 10:32am CDT
Even as the Federal Reserve has cut interest rates, financial institutions have sharply raised rates for credit card customers — even those who pay on time — as they grapple with losses from other bad consumer loans. -
Good credit can't protect borrowers from bad loans (CNN Money)
Posted: April 28th, 2008, 8:32am CDT
A good credit score doesn't mean you can't end up in foreclosure. -
Managing Your Credit Card Debts (The Bradford Era)
Posted: April 28th, 2008, 5:05am CDT
(ARA) - Credit cards are not always a bad thing, if you are smart with how you use them. They enable us to buy items immediately, eliminate having to carry cash, and record and track purchases. Disadvantages include interest, fees, and increased impulse buying. -
Sumitomo Mitsui Misses Profit Forecast on Bad Loans (Update4) (Bloomberg.com)
Posted: April 28th, 2008, 4:53am CDT
April 28 (Bloomberg) -- Sumitomo Mitsui Financial Group Inc. , Japan's third-largest bank by revenue, said full-year profit missed its forecast by 19 percent as bad-loan costs increased and the bank booked losses on stockholdings. -
Bad Credit and Home Refinance (Carteret County News-Times)
Posted: April 28th, 2008, 4:26am CDT
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit? -
Bad Credit? You Can Still Get an Auto Loan (Carteret County News-Times)
Posted: April 28th, 2008, 4:25am CDT
(ARA) - Getting tired of sinking money into that old jalopy in the driveway? If your car is on its last legs, it's time to start shopping around for a replacement vehicle, and now is a great time to look! There are some great deals out there on both new and late model used vehicles. -
Credit card rates increasing fast (The Springfield News-Leader)
Posted: April 28th, 2008, 3:06am CDT
Even as the Federal Reserve has cut interest rates, financial institutions have sharply raised rates for credit card customers -- even those who pay on time -- as they grapple with losses from other bad consumer loans. -
European Stock-Index Futures Rise; Credit Suisse May Advance (Bloomberg.com)
Posted: April 28th, 2008, 2:18am CDT
April 28 (Bloomberg) -- European stock-index futures advanced, following gains in the U.S. and Asia. Credit Suisse Group and Deutsche Bank AG may lead a rally in bank shares after JPMorgan Chase & Co. said the worst of the writedowns may be over. -
Credit card rates hustle higher (USA Today)
Posted: April 27th, 2008, 7:34pm CDT
This month, Washington Mutual told some credit card customers that it was raising their rates by as much as 100%. Discover is lifting its penalty rate to 31%, effective May 1, and may apply that maximum to consumers who exceed their credit limit twice in a rolling 12 months. -
Credit giant lifts blues (Herald Sun)
Posted: April 27th, 2008, 9:00am CDT
THE Australian stock market is expected to open higher today after a better than expected profit for credit card giant American Express led to gains on Wall Street. -
BOT expects limited credit growth (The Nation - Thailand's English news)
Posted: April 27th, 2008, 8:45am CDT
The Bank of Thailand (BOT) forecasts credit growth is unlikely to escalate as commercial banks will be more.... -
Credit Repair is More Than a Right, It's Your Responsibility (Richfield Reaper)
Posted: April 27th, 2008, 6:52am CDT
(ARA) - The majority of Americans have errors and other unverifiable information on their credit reports that could be dragging down their credit score. Odds are good that your credit score is lower than it should be. -
Managing Your Credit Card Debts (Carteret County News-Times)
Posted: April 27th, 2008, 6:41am CDT
(ARA) - Credit cards are not always a bad thing, if you are smart with how you use them. They enable us to buy items immediately, eliminate having to carry cash, and record and track purchases. Disadvantages include interest, fees, and increased impulse buying. -
Bad Credit? You Can Still Get an Auto Loan (Richfield Reaper)
Posted: April 27th, 2008, 6:22am CDT
(ARA) - Getting tired of sinking money into that old jalopy in the driveway? If your car is on its last legs, it's time to start shopping around for a replacement vehicle, and now is a great time to look! There are some great deals out there on both new and late model used vehicles. -
Temptation, easy credit make saving so difficult (San Diego Union-Tribune)
Posted: April 27th, 2008, 5:14am CDT
There's no question that the federal government plus many lenders and financial professionals shoulder a lot of the blame for our current economic crisis. But many of the individuals who are overloaded with debt need to take responsibility for their bad choices, too. Take credit-card debt, for example. -
Cutting staff a bad move for credit-rating agency (Pioneer Press)
Posted: April 27th, 2008, 12:05am CDT
Better a half-blind guard at the gate, then no guard at all. -
Bad Credit? Get Car Loan Approval (Carteret County News-Times)
Posted: April 26th, 2008, 4:56pm CDT
(ARA) - Don't let a bad credit history hold you back from getting a car loan. There are bad credit car loans to rescue people with a less than perfect credit record. The key lies in locating a suitable lender who can explore all viable financing options. -
No mystery why credit insurance has a bad name (Independent Online)
Posted: April 26th, 2008, 6:12am CDT
'Consumer credit insurance has a bad name - and not only in South Africa." -
Bad Credit and Home Refinance (Richfield Reaper)
Posted: April 26th, 2008, 4:07am CDT
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit? -
Some financial stocks thrive amid credit crisis (AP via Yahoo! Finance)
Posted: April 25th, 2008, 1:03pm CDT
It has been a terrible six months for financial stocks -- or at least most of them. A handful of companies, including Charles Schwab Corp., Discover Financial Services and MasterCard Inc. have thrived in spite of the credit crisis, or in some cases because of it. -
Sector Wrap: Credit Cards lenders up on Amex report (INO News)
Posted: April 25th, 2008, 12:31pm CDT
(AP:NEW YORK) Shares of credit card lenders rose after American Express Co. reported first-quarter profit topping analysts' expectations. The New York-based lender said international spending helped partially offset a slowdown in the U.S. economy and lingering bad credit.