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New Rules to Restrict Predatory Consumer Credit Practices - Lexington Law® Highlights a Big WinDate: Wed, 10. June 2009 04:57:29
A new set of rules have been signed into law which will restrict some of the more predatory practices of credit card issuers starting mid-2010. Under these rules, credit card issuers will no longer be able to raise interest rates on existing credit card balances without justification. Cardholders will need to be 60 days behind on a payment before issuers can increase rates on exiting balances, and even then, credit card issuers will be required to restore previous rates if a cardholder pays the minimum payment on time for six months. (PRWEB Jun 4, 2009)
Read the full story at http://www.emediawire.com/releases/creditrepair/LexingtonLaw/prweb2497264.htm
White House Backs Crackdown on Credit Card Practices (CQPolitics.com)Date: Sun, 19. April 2009 19:56:20
CQPolitics.com - The White House gave a boost Sunday to congressional efforts to overhaul credit card industry practices, with economic adviser Lawrence Summers saying President Obama would be very focused, in a very near term, on a whole set of issues having to do with credit card abuses....
U.S. Bankcard Services, Inc. No Cancellation Fee for Merchants Promotion is Progressing SuccessDate: Wed, 30. June 2010 04:23:06
U.S. Bankcard Services, Inc. continues its promotion offering merchants a chance to try out its award-winning services for a 90-day trial period without paying any cancellation fee. This program is offered to merchants that sign up for new merchant accounts through the U.S. Bankcard Services, Inc. e-marketing initiatives which include its website, web advertising banners, social networking sites, e-mail promotions and soon even smart phones. (PRWeb Jun 28, 2010)
Read the full story at http://www.prweb.com/releases/credit-card/bankcard-services/prweb4193554.htm
Hackers Steal 40 Million Credit and Debit Card Numbers - Affected Stores ListDate: Sat, 30. August 2008 15:18:22
On August 5th, 11 people were indicted for allegedly hacking into major retailer's computer systems and stealing 40 million credit and debit card numbers and passwords. Generally, credit card numbers...
The Easiest $1,100 From 10 Minutes of WorkDate: Wed, 15. April 2009 03:46:46
What's the quickest money you've made? For me, the $1,110 Citibank posted to my credit card account last week should qualify.
Back in March, I shared in this blog that Citibank was inviting me to pay down my $40,000-strong credit card balance from mul
The Easiest $1,100 From 10 Minutes of WorkDate: Tue, 25. November 2008 03:31:32
What's the quickest money you've made? For me, the $1,110 Citibank posted to my credit card account last week should qualify.
Back in March, I shared in this blog that Citibank was inviting me to pay down my $40,000-strong credit card balance from mul
Lloyd James Group Appointed Managers of Aqua Credit Card Insert ProgrammeDate: Thu, 25. December 2008 03:51:44
Aqua has appointed Lloyd James Group as managers of its credit card insert programme. Companies can now access its credit card customer database via the inclusion of an insert in the company's monthly statement mailing. The aqua credit card offers a high proportion of renters, low-income earners, part-time workers and the self-employed. The card also specialises at targeting consumers who feel underserved by 'Prime' lenders. (PRWEB Dec 22, 2008)
Read the full story at http://www.emediawire.com/releases/2008/12/prweb1783994.htm
Consumer credit down for 11th monthDate: Fri, 5. February 2010 20:16:06
Americans borrowed less for an 11th consecutive month in December, paying off credit cards while increasing borrowing for cars and other products.br clear=both style=clear: both;/
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Minimise Unsuccessful Credit Card Applications, Confused.com Launches New Credit Profiling ToolDate: Thu, 10. September 2009 05:07:44
Avoid leaving a credit footprint due to unsuccessful credit card applications, by using Confused.com's new and exclusive credit profiling tool. Save 30 years and £5,000 in interest, by paying off an extra £50 a month on your credit card. (PRWEB Sep 9, 2009)
Read the full story at http://www.emediawire.com/releases/2009/09/prweb2843844.htm
Mintel Comperemedia: Number of credit card offers sent to Americans declines to lowest point inDate: Sat, 8. November 2008 03:20:36
The credit crunch is far from over and it couldn’t be more apparent anywhere than in credit card direct mail offers sent to consumers. Analyzing credit card direct mail trends, Mintel Comperemedia found that the total estimated volume for credit card acquisition offers reached only 1.34 billion during Q3 2008. (PRWEB Nov 6, 2008)
Read the full story at http://www.emediawire.com/releases/mintel_comperemedia/credit_card/prweb1581104.htm
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