Posts Tagged ‘Card’

Mary Claypool: New credit card rules good for consumers

Ford’s Neat Trick
Alan Mulally is on a roll lately, but he’s smart to keep his exuberance in check.

Read more on Forbes

Mary Claypool: New credit card rules good for consumers
Before the economic downturn, default rates on credit card debt was about 5percent, but they are expected to peak at 12percent by the second quarter of 2010.

Read more on The Monterey County Herald

Indio mayor: Revised credit card policy ‘brings accountability back to us’

Shooting at Centralia credit union
A police officer has fired a shot at an armed man in a Centralia credit union.

Read more on Seattle Times

Indio mayor: Revised credit card policy ‘brings accountability back to us’
Indio’s new credit card policy should go before council next month.

Read more on The Desert Sun

Consumer Alert: Robo-Call Credit Card Scam

Main Street frustration: ‘Everything is going to banks’
In his State of the Union speech Wednesday night, President Obama touted a slew of federal initiatives aimed at stimulating small business hiring and growth. Again.

Read more on CNN Money

Consumer Alert: Robo-Call Credit Card Scam
COLORADO SPRINGS- A credit card scam promising to lower your interest rate will likely land you in even more in debt. 

Read more on KRDO Colorado Springs

Council refuses to pay McDermott’s credit card

ICBC’s Profit Probably Climbed 15% in 2009 on Record Loans
Jan. 27 (Bloomberg) — Industrial & Commercial Bank of China Ltd. , the world’s largest lender by market value, said profit last year probably rose 15 percent as record credit fueled an economic recovery.

Read more on Bloomberg

Council refuses to pay McDermott’s credit card
HAMMOND | City Council members won’t authorize paying MayorThomas M. McDermott Jr.’s American Express bill until they receivean itemized report of his expenditures.

Read more on The Times of Northwest Indiana

Working on System to Allow Metro Riders to Pay by Card

S&P revises Japan’s rating outlook to negative
KUALA LUMPUR: Standard & Poor’s Ratings Services has revised to negative from stable its outlook on the ‘AA’ long-term rating on Japan. The ratings agency said at the same time, it affirmed its ‘AA’ long-term and ‘A-1+’ short-term local and foreign currency sovereign credit ratings on Japan.

Read more on The Edge Daily

Working on System to Allow Metro Riders to Pay by Card
Washington’s Metro transit system is working on a system to allow riders to pay with their credit and debit cards.

Read more on WHSV Harrisonburg

Woman allegedly used employer’s checks to pay $1 million in credit card bills

Berlin film festival throws spotlight on Asian cinema
Films from Asian directors will open and close proceedings at the 60th Berlinale Films from Asian directors will bookend this year’s Berlin film festival, organisers announced today. Chinese director and previous Golden Bear winner Wang Quan’an will open the 60th edition with the world premiere of his new film Apart Together on 11 February, while 78-year-old Yoji Yamada will close proceedings on …

Read more on Guardian Unlimited

Woman allegedly used employer’s checks to pay $1 million in credit card bills
A woman arraigned in federal court in Rome today is accused of stealing more than $1 million from her employer and using it to pay personal credit card bills. According to court information: In M…

Read more on Rome News-Tribune

CreditCards.com: Weekly Credit Card Rate Report

Bernanke Suffers From Blowback of Massachusetts Election Result
Jan. 23 (Bloomberg) — Indecision among Senate Democrats over Ben Bernanke ’s renomination to lead the Federal Reserve Board may say as much about their political nervousness as discontent with his job performance.

Read more on Bloomberg

CreditCards.com: Weekly Credit Card Rate Report
Interest rates on new credit card offers rose slightly this week, according to the CreditCards.com Weekly Credit Card Rate Report, reaching heights not seen since October 2007.

Read more on PR Newswire via Yahoo! Finance

Two arrested for using credit card stolen from Quincy home

James Jubak: The Next Financial Crisis Has a Name and it’s the United Kingdom
It’s one thing when it’s Greece or Portugal. A credit downgrade or warning for those two countries isn’t exactly headline news for most investors. For…

Read more on The Huffington Post

Two arrested for using credit card stolen from Quincy home
Two men have been arrested in connection with a credit card being stolen during the burglary of a Quincy home last month. Henry E. Speirs II was arrested Tuesday on a charge of aggravated identity theft.

Read more on Quincy Herald-Whig

Proposed debit code gives merchants too much clout: credit card giant

(AFX UK Focus) 2010-01-21 21:37 UPDATE 1-American Express Q4 earnings rise
NEW YORK, Jan 21 (Reuters) – American Express Co posted much higher fourth quarter profit, helped by rising consumer spending and lower credit losses. The credit card lender and payment network said net income rose to $716 million, or 60 cents a share, from $240 million, or 21 cents a share in the same quarter a year earlier. American Express suffered big credit losses in 2008 and 2009 after …

Read more on Interactive Investor

Proposed debit code gives merchants too much clout: credit card giant
The federal government’s proposed code of conduct for Canada’s credit and debit card system is too weighted in favour of merchants at the expense of consumer choice, Visa Canada alleged Monday, the deadline for comments on the plan.

Read more on Red Deer Advocate

Tips for consumers whose credit card interest rates are going up

UMC to double capital spending: Credit Suisse
Credit Suisse expects the world’s second-largest contract chipmaker, United Microelectronics Corp (UMC, 聯電), to double capital spending this year in the face of increased competition from GlobalFoundries Inc.

Read more on Taipei Times

Tips for consumers whose credit card interest rates are going up
Some credit card companies have already raised rates ahead of the new law, leaving some consumers  scrambling to figure out how to deal with higher interest.

Read more on KNDO – KNDU Tri-Cities