Posts Tagged ‘Credit’

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

Chesterfield bank, Richmond credit union robbed within several hours

Ian Thomsen: Lakers can win with defense, too
When the defending champions renew the league’s signature rivalry Sunday in Boston, the Lakers will be seeking to beat the Celtics at their own game. Their newfound weapon is defense: The Lakers momentarily rank No. 5 in field-goal defense after being No. 1 or 2 most of the season. Boston, by comparison, ranks sixth in this crucial rating.

Read more on Sports Illustrated

Chesterfield bank, Richmond credit union robbed within several hours
A bank and a credit union were robbed separately today five hours apart in Richmond and Chesterfield County, police said. The holdups appear unrelated. The first robbery occurred just after 10:25 a.m. at the Gateway Bank at 2730 Buford Road. Two masked men approached two separate tellers and demanded money. Neither displayed a weapon. They fled on foot toward Forest Hill Avenue after getting an …

Read more on Richmond Times-Dispatch

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

Home sales tumble as tax credit lift wanes

China Internet users use VPN servers to cross firewall
Paid virtual private networks (VPNs) are quietly catching on in China as a way to access forbidden websites, analysts say, while authorities are leaving them alone until they become more popular.

Read more on Reuters via Yahoo! News

Home sales tumble as tax credit lift wanes
WASHINGTON (Reuters) – Sales of previously owned U.S. homes fell at the fastest pace on record last month as the boost from a popular tax credit faded, industry data showed on Monday.

Read more on MalaysiaNews.net

Home sales plunge nearly 17 per cent in December after tax credit deadline extended

Last Night’s Action: Icy Hot
The captain got things started, but a big third period carried the Caps to victory last night. (AP Photo/Nick Wass) Capitals 5, Ducks 1 : Alexander Ovechkin must have been jealous. Seven goals last night and not a single one to his credit? No problem; it only took Ovie all of 36 seconds to get on the board against Anaheim last night at the Phone Booth. But it was an rapid-fire offensive third …

Read more on DCist

Home sales plunge nearly 17 per cent in December after tax credit deadline extended
WASHINGTON – Sales of previously occupied homes in the United States took the largest monthly drop in more than 40 years last month, plunging far deeper than expected after lawmakers gave buyers extended time to use a tax credit.

Read more on The Canadian Press via Yahoo! Canada News

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

(AFX UK Focus) 2010-01-27 07:25 China stocks dip 1.1 pct, slower credit hits banks

Lawmakers must rein in the hidden fees of credit cards
Last summer, at my stores and at 7-Elevens across America, we did something we have never done before. We asked our customers to join us in standing up to the big banks and credit card companies who are raking in billions of dollars from all of us through unfair, hidden credit card transaction fees, known as “interchange.”

Read more on The Sacramento Bee

(AFX UK Focus) 2010-01-27 07:25 China stocks dip 1.1 pct, slower credit hits banks
SHANGHAI, Jan 27 (Reuters) – China’s key stock index slipped 1.09 percent to a three-month closing low on Wednesday, with bank shares weaker on concerns over tightening liquidity despite upbeat earnings estimates from two major lenders. The Shanghai Composite Index ended at 2,986.607 points, closing below key psychological support at 3,000 points for the first time since Oct. 30. The index has …

Read more on Interactive Investor

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

Columbia Housing Authority, SC Assigned ‘AA-’ Issuer Credit Rating; Stable Outlook

Chicago Housing Authority, IL Assigned ‘AA-’ Issuer Credit Rating, Series 2010 Revenue Bonds Rated ‘AA-’
Standard & Poor’s Ratings Services has assigned its ‘AA-’ issuer credit rating (ICR) to the Chicago Housing Authority (CHA), Ill. Click here to access the report. At the same time, Standard & Poor’s

Read more on Thaipr.net

Columbia Housing Authority, SC Assigned ‘AA-’ Issuer Credit Rating; Stable Outlook
Standard & Poor’s Ratings Services assigned its ‘AA-’ issuer credit rating (ICR) to the Columbia Housing Authority (CHA), S.C. The outlook is stable. Click here to view the report.

Read more on Thaipr.net

Obama will seek tax credit, spending freeze

Treasuries See Little Change After Upbeat Consumer Confidence Data
(RTTNews) – Treasuries ended Tuesday’s session little changed after seeing initial strength, as the day’s upbeat report on consumer attitudes and expectations moderated concerns over China’s decision to tighten monetary policy and Japan’s credit worthiness.

Read more on INO News

Obama will seek tax credit, spending freeze
Proposals would buffer middle class, hit brakes on discretionary funding for three years Proposals would buffer middle class, hit brakes on discretionary funding for three years

Read more on Baltimore Sun