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Credit Card Industry

Cancel Amex, Get $300

CreditMattersBlog.com | Posted 05.25.2011 | Business

Wow. American Express must be getting desperate. In a bid to RID itself of customers, Amex will give you a $300 prepaid credit card if you cancel your...

Change FICO Credit Scoring to Stimulate Economy and Address Housing and Banking Crisis

Ronald B. Robinson | Posted 05.25.2011 | Business
Ronald B. Robinson

Republicans are proposing a 4% home mortgage Ponzi scheme that's the modern day version of "40 acres and a mule." It's every bit the false promise that dashed the hopes of ex-slaves after the Civil War.

President Obama: Sign New Emancipation Proclamation to Free Us From Debt Slavery and Free-up the Economy

Ronald B. Robinson | Posted 05.25.2011 | Politics
Ronald B. Robinson

Mr. President, help us create "a more perfect Union" from the "bottom-up." You can be the Lincoln of our times and free us from the greed and "top-down" bondage that has brought us here.

The Next Bubble Is on The Way: Credit Card Debt

Danny Schechter | Posted 05.25.2011 | Business
Danny Schechter

Fewer people are paying their credit card bills on time. And more are using high-interest credit card cash to pay at least part of their mortgages instead of the other way around.

Dems Push Consumer-Friendly Credit Card Bill

Washington Independent | Mike Lillis | Posted 05.25.2011 | Business

Congressional lawmakers of both parties have found something to agree on: The credit card industry, they say, has evolved beyond the scope of regulati...