Credit Card News

In today’s world, it seems like there’s a new wrinkle for credit card owners every day of the week. Staying informed is important, because a new development today can affect your credit tomorrow. Our News Section is here to help, with daily articles and blogs on the latest regulations, trends, and information. Stay on top of the issues that matter the most when it comes to your credit. That way, you can manage your credit instead of the other way around.

  Credit Card Companies Slash Credit Limits - Wall Street Journal


Credit Card Companies Slash Credit Limits
Wall Street Journal - 9 hours ago
By SHELLY BANJO As if access to credit wasn't already tight, credit card companies are slashing consumer credit lines and closing inactive cards - a move ...
Credit card changes to help, but beware Sun-Sentinel.com
Credit card reform would prohibit many current debt practices SouthCoastToday.com
Credit card reforms welcome, but don’t go far enough, fast enough Asheville Citizen-Times
BloggingStocks
all 9 news articles


  New Zealand Debit, Credit Card Spending Fell 2.3% in November - Bloomberg

New Zealand Herald

New Zealand Debit, Credit Card Spending Fell 2.3% in November
Bloomberg - Jan 4, 2009
5 (Bloomberg) -- New Zealand consumer spending on debit, credit and store cards plunged in November, adding to signs that jobs losses and weak consumer ...
NZ credit, debit card spending has record slide in November sharechat
Card transactions show record decline New Zealand Herald
Card Spending in New Zealand Declines CEP News
Radio New Zealand - Life Style Extra
all 28 news articles


  Skimmers prey on credit card users - Buffalo News

Skimmers prey on credit card users
Buffalo News,  United States - 9 hours ago
By Dan Herbeck Helping the 21-year-old Cheektowaga man gain access to the credit cards was a small network of crooked restaurant cashiers and store clerks. ...


  Police seek 2 men they say stole purse, used credit cards - Albany Times Union

News 10NBC

Police seek 2 men they say stole purse, used credit cards
Albany Times Union, NY - 3 hours ago
By LEIGH HORNBECK, Staff writer QUEENSBURY — State Police are looking for two men suspected of stealing a woman's purse and using her credit cards to shop ...
Police seek men pictured in connection with purse theft ... WRGB
all 3 news articles


  Redecard Rises to 3-Month High on Growth Prospects - Bloomberg

Redecard Rises to 3-Month High on Growth Prospects
Bloomberg - 8 hours ago
“In the credit card world, the Itau-Unibanco merger created the largest credit card issuer in Brazil, with some 35 million credit cards issued, ...


  Being smart about your credit cards (FOX 16 Little Rock)
Credit cards are so convenient. They can be hard to live without, that is until you cringe when you open your bill.

  UW-L Tests Parking Meters That Take Credit Cards (WKBT La Crosse)
Forget the spare change. On the UW-La Crosse campus, parking meters now take credit cards.

  The evolution of credit cards (Bankrate.com via Yahoo! Finance)
The credit card craze started in the mid-20th century and never let up. Upcoming changes promise a bright future.

  Colleges profit from credit cards (The Charlotte Observer)
(By Jonathan D. Glater, New York Times) When Ryan Muneio was tailgating with his parents at a Michigan State football game this fall, he noticed a big tent emblazoned with a Bank of America logo. Inside, bank representatives were offering free T-shirts and other merchandise to those who applied for credit cards and other banking products. “They did a good job,” Muneio, 21 and a junior at ...

  KB Toys gift cards expire Jan. 11 (The Oregonian)
SALEM -- Use it or lose it by Sunday if you have a gift card for a KB Toys store. Oregon Attorney General John Kroger alerted consumers statewide Monday that any KB Toys store credit and unredeemed gift cards will...

  Fed to Begin Buying Mortgage-Backed Securities
The program is aimed at driving down the price of mortgages and making home loans more available.

  As Vacant Office Space Grows, So Does Lenders’ Crisis
Rising vacancy rates across the country could make it hard for building owners to pay their mortgages.

  GMAC and G.M. Alter Finance Agreement
GMAC will give up its exclusive agreement to provide financing incentive programs for G.M. vehicle sales and will no longer be obligated to provide financing for G.M. leases.

  Credit Card Companies Willing to Deal Over Debt
Credit card companies are rushing to settle even if that means forgiving a portion of some borrowers’ debts.

  GMAC Raises $21.2 Billion in Debt Swap
The debt-for-equity swap was intended to help GMAC raise enough capital to qualify for federal aid.


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