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4Vote!

Squeezing Credit Card Consumers

In an article titled "A Squeeze on Customers Ahead of New Rules", Andrew Martin and Lowell Bergman write for the New York Times about credit card issuer actions to increase interest rates and cut credit lines ahead of new rules on credit card issuers scheduled to take effect in February.

10Vote!

Write a Reconsideration Letter to Overcome Credit Card Denial [Credit]

It sounds impossible, but some credit card issuers will actually reject customers. If you applied for a card with just the right perks and got rejected, the Frugal Travel Guy blog suggests writing a "reconsideration letter" that worked for him. Actually, the letter worked for Frugal Travel Guy's son-in-law, who was applying for a particular card...

5Vote!

Can Credit Card Issuers Charge Interest Even When You Enroll In A Hardship Program?

hello I have a credit card debt of 8800 dll, I... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

7Vote!

Credit Card Upheaval: Wake Up and Take Charge

You really ought to take a few seconds to read notifications from your credit card issuer that come in the mail, rather than automatically tossing them into the trash.

7Vote!

NYT: Credit card issuers share pain with users

Banks are struggling to make money in the credit card business these days, and consumers are paying the price. Credit card - Business - Issuer - Personal Finance - Credit

3Vote!

NYT: Credit card issuers share pain with users

Banks are struggling to make money in the credit card business these days, and consumers are paying the price.

5Vote!

Credit card issuers share their pain with users

Banks are struggling to make money in the credit card business these days, and consumers are paying the price.

4Vote!

Junk mail relief as credit-card offers tumble

Credit-card issuers are dramatically reducing solicitations to new customers ahead of sweeping legislation that will reset card rules for both consumers and lenders.

+Vote!

U.S. Bancorp looks to expand credit card business

NEW YORK (Reuters) - U.S. Bancorp , the sixth-largest U.S. bank by assets, is looking to expand its credit card business and is actively marketing its cards nationally, Chief Executive Richard Davis said at a conference on Tuesday.

3Vote!

UPDATE 1-U.S. Bancorp looks to expand credit card biusiness

NEW YORK, Nov 10 (Reuters) - U.S. Bancorp , the sixth-largest U.S. bank by assets, is looking to expand its credit card business and is actively marketing its cards nationally, Chief Executive Richard Davis said at a conference on Tuesday.

+Vote!

American Express Says Worldwide Credit-Card Spending Gained 3% in October

Nov. 10 (Bloomberg) -- American Express Co., the largest credit-card issuer by purchases, said worldwide spending climbed 3 percent in October as rising equities may have emboldened affluent customers.

5Vote!

House Approves Expediting Credit CARD Act

We reported just a few days ago on the passage of a measure in the House of Representatives to expedite the Credit Card reforms passed earlier this year. Unfortunately, I left out some of the story, as I’m still figuring out the intricacies of how laws are made, and there were some amendments made to the [...] Rating: 0.0/ 5 (0 votes cast) The Consumerism Commentary Podcast is in full...

5Vote!

Credit cards canceled without warning

Customer complaints rise as companies close more accounts On his way home from work recently, Rick Niles of Laurel stopped at a gas station to fill up and as usual pulled out his Shell credit card to pay. But this time, the card didn't work.

+Vote!

Credit cards canceled without warning

Customer complaints rise as companies close more accounts On his way home from work recently, Rick Niles of Laurel stopped at a gas station to fill up and as usual pulled out his Shell credit card to pay. But this time, the card didn't work.

+Vote!

PIN number to supersede pen on card use

Your PIN, not your pen, will become the form of confirmation for card payments as signatures start to be phased out from 2010, leading card issuer Visa says.