Credit Card Problems Rise and Fall: Defaults Down But Delinquencies Increase
The credit card industry remains to be one of the hardest hit sectors as unemployment rates continue to rise with no respite seen in the near future.
Congress Speeds Up Credit Card Legislation in Response to Rate Increases
Consumers have seen huge increases in their credit card rates and fees in the last month, as bank try to gather as much revenue from their credit card services as possible before legislation goes into effect
Should You Really Cut Up That Credit Card?
We have found that many big lenders, facing rising defaults and new regulation that would hurt profit, have started introducing ways to offset loss of revenue from consumers.
The Top 6 Luxury Credit Cards For The Wealthy
Nowadays, the wealth of a person is not evident through the watch around his wrist, the tie around his neck or the shoes on his feet, but by the plastic in his wallet. A credit card often represents a person's spending ability and credit history.
Credit Card Rewards Are Not So Rewarding Now
As with everything else that banks are offering as of late, it all boils down to, well... the bottom line.
Major Banks Declare positions ahead of New Credit Card Laws
Bank of America and Wells Fargo in separate and very different announcements declared their position on credit card rates ahead of the new Credit Card Law.
Credit Card Minimum Payment: How Much Does It Really Cost You?
Using credit cards have become an essential part of everyday life for many consumers.
Credit Cards: As Dangerous as Alcohol? Federal Reserve Proposes New Rules
We have minimum legal ages for all kinds of activities we think are too dangerous for younger people; driving a car, smoking cigarettes, gambling, drinking alcohol...the list goes on and on.
The Tax Advantages of Taking a HELOC
The Home Equity Line of Credit (HELOC) offers an economical way of consolidating debt, and financing college education, home improvements, medical expenses, and many other similar periodic financial demands
Credit Card Reward Programs Are Experiencing Cutbacks
Credit cards play a major part in the lives of many people today. Many Americans have long-standing relationships with their credit cards. Credit cards are used for making everyday purchases.
Merrill Lynch, Morgan Stanley Battle Independent Brokerages For Wealthy Investors
U.S. Bank Acquires FBOP Corporation’s 9 Failed Banking Subsidiaries
Assessing the Impact of the FDIC’s Temporary Liquidity Guarantee Program
FDIC Chairman Shelia Bair on The State of American Banking – Summary and Analysis
Citibank Credit Card Interest Skyrockets In Anticipation of Federal Regulation
Commerce Bank of Southwest Florida Fails, Becomes 123 Bank to Close in 2009
ING Direct Black Friday Special: Save ‘Til You Drop
Savers Left With Fewer Options as Hudson City Savings Lowers Top CD Rates
Wells Fargo Settles $1.4 Billion Lawsuit Regarding Auction-Rate Securities
‘Too Big To Fail’ Firms May Be Broken Down To Smaller Size
