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.
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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.
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CFM Wants Service Providers To Help Consumers By Enforcing Credit Limit
Project financing outlined for VJSASayre Borough considers separate line of financing to incorporate additional projects
ATHENS BOROUGH — The Valley Joint Sewer Authority could move forward with securing short-term financing for the anticipated $14 million Chesapeake Bay upgrade project next month, when it’s expected to receive a proposal from a local financial institution for establishing a line of credit.
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CFM Wants Service Providers To Help Consumers By Enforcing Credit Limit
KUALA LUMPUR, Jan 20 (Bernama) — The Communications and Multimedia Consumer Forum of Malaysia (CFM) wants service providers to proactively help protect consumers by enforcing the credit limit set for their subscribers as well as alerting them if their credit limit is nearly exhausted.
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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.
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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.
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Law to help consumers by setting new limits on credit card issuers
Obama Pressing for Protections Against Lenders
President Obama on Tuesday stepped into the middle of a fierce lobbying battle by reinforcing his support for an independent agency to protect consumers against lending abuses that contributed to the financial crisis.
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Law to help consumers by setting new limits on credit card issuers
The measure seeks to protect consumers from spiraling interest rates, but does not address fees that hurt many merchants.
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Daniel Mica: Consumers Are Moving Their Money to Credit Unions, Rising Membership Shows
U.S. Corporate Credit Risk Index Rises First Time in Four Days
Jan. 7 (Bloomberg) — The cost to protect against defaults on U.S. corporate bonds rose for the first time in four trading days, climbing from a more than two-year low.
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Daniel Mica: Consumers Are Moving Their Money to Credit Unions, Rising Membership Shows
People who want to move their money out of big banks would be well advised to look not only at community banks, but also at the nation’s credit unions. For consumers, the move makes perfect sense.
Read more on The Huffington Post
Categories: credit unify Tags: consumers, Credit, Daniel, Membership, Mica, Money, Moving, Rising, shows, Their, Unions
Brian O’Connor: Credit card firms win 2009 Piggies for worst abuse of consumers
<p>Credit demand ’slows to 17-year low’Annual credit growth slowed to a near 17-year low in November as businesses reduced their debt, economists say.
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Brian O’Connor: Credit card firms win 2009 Piggies for worst abuse of consumers
It’s not news, of course, that in 2009 bankers and anyone else working in the financial “services” industry acted like swinish hogs to such porcine dimensions that each and every one of them is richly deserving of my annual Piggy Bank Award for the worst financial abuses of consumers.
Read more on Detroit News
Categories: credit unify Tags: 2009, abuse, Brian, Card, consumers, Credit, Firms, O'Connor, Piggies, worst
Moody’s report shows consumers fall further behind on credit card payments in November
<p>New bill introduced to try and lower credit card interest ratesMaybe you spent and spent over the holidays. And now the painful part is those credit card statements are coming in…
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Moody’s report shows consumers fall further behind on credit card payments in November
NEW YORK – More U.S. credit card users fell further behind on their payments in November, Moody’s Investor’s Services said Tuesday. The charge-off rate on U.S. credit cards, as measured by Moody’s Credit Card Index, rose to 10.56 percent last month after falling for the two previous months.
Read more on Minneapolis-St. Paul Star Tribune