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Credit Card Companies

Credit Card Rates: Banks Plan To RAISE Rates, Annual Fees

AP | JEANNINE AVERSA | Posted 11.09.2009 | Business

Read More: Credit Card Reform, Credit Card Companies, Credit Card Rate Increases, Federal Reserve, Banks, Credit Card Rates, Credit Cards, Prime Borrowers, Credit Card Industry, Credit Card Fees, Business News

WASHINGTON — Banks expect to tighten terms on credit cards in response to a new law that aims to protect consumers from sudden rate hikes, the F...

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Credit Card Companies Are Sending Out Early Holiday Gifts

Eva Norlyk Smith, Ph.D. | Posted 10.20.2009 | Business

Read More: Credit Card Reform, Credit Cardholders Bill of Rights, Credit Card Bill, Credit Card Companies, Credit Card Rates, Credit Cards, Credit Card Debt, Citigroup, Credit Card Fees, Business News
Eva Norlyk Smith, Ph.D.

While Congress is calling on credit card companies to stop hiking interest rates before the new Credit CARD act goes into effect, Citigroup just sent me a letter with a monstrous interest rate hike.

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Credit Cards: Federal Reserve Closer To New Limits

AP | JEANNINE AVERSA | Posted 09.29.2009 | Business

Read More: Credit Card Companies, Fed, Economy, Card Check, Federal Reserve, Credit Cards, Recession, Business News

WASHINGTON — The Federal Reserve proposed rules Tuesday to better protect Americans from sudden hikes in interest rates on credit cards. The prop...

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Credit Card Companies Dodge Reform With New Fees

BusinessWeek | Ben Levisohn | Posted 11.10.2009 | Business

Read More: Credit Card Reform, Credit Card Companies, Card Check, Credit Card Fees, Business News

New credit-card rules, designed to curb the industry's abusive practices, went into effect a few weeks ago. But already lenders have found ways to get...

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Credit Card Companies Slashing Rewards Programs

Washington Post | Nancy Trejos | Posted 09.15.2009 | Business

Read More: Credit Card Companies, Personal Finance, Credit Cards, Credit, Credit Card Rewards Programs, Business News

Credit card rewards programs are suddenly less rewarding. Months before a new law takes effect restricting the credit card industry's ability to rais...

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How About the Consumer Financial Education Agency

Jim Randel | Posted 08.26.2009 | Politics

Read More: Interest Rates, Survey of Consumer Finances, Mortgages, Credit Card Companies, Consumer Financial Protection Agency, Mortgage Crisis, Cfpa Obama, Credit Card Industry, Politics News
Jim Randel

We do not need more federally-mandated documents and protocols adding time and cost to the lending world (already a bit anemic).

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Small Business Credit Card Cutbacks

nytimes.com | ANDREW MARTIN | Posted 07.20.2009 | Business

Read More: Credit Cards, Small Business, Credit Card Companies, Credit Crisis, Credit Crunch, Small Business Lending, Business News

Louis Licata has shelved plans to hire three more employees for his Cleveland law firm. Jeannie Macone, of Florida, is cutting back on inventory for h...

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10 Things You Need to Know About Banks and Credit Cards

Francine Hardaway | Posted 07.06.2009 | Business

Read More: Citibank, JPMorgan Chase, Predatory Lending Practices, Credit Cards, Aurora Loan Services, Credit Card Reform, Principal, Credit Card Companies, Banks, Credit Card Debt, Business News
Francine Hardaway

Even if they printed the disclosure in 18 point type, you wouldn't know what was going to hit you from behind. You will need to know what I've found out about banks and credit card companies.

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Rename Cost-Cutting Financial Slimmers And It Doesn't Feel So Bad - What Are Yours?

Jill Brooke | Posted 06.19.2009 | Living

Read More: Cheap Groceries, Cell Phone Usage, Energy Efficiency, Bulk Shopping, Credit Card Companies, Save Money Groceries, Cell Phone Bill, Financial Crisis, Clothes, Saving Money, Grocery Shopping, Savings, Living News
Jill Brooke

I bought a $8 pair of pants on sale at the Gap for my son last week which is the equivalent of salad and a few vegetables that rotted in the fridge after a few days.

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Are Taxpayers Bailing Out Troubled Banks Twice?

ABC News | DAVID MUIR and SIDNEY WRIGHT IV | Posted 06.09.2009 | Business

Read More: Credit Card Companies, Financial Crisis, Bailout Bandits, Bank Bailouts, Business News

The federal government is taking up the fight against credit card companies accused of taking advantage of consumers. In taking aim at what he called...

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The Skinny on Credit Cards

Jim Randel | Posted 05.28.2009 | Business

Read More: Financial Crisis, Congress, Credit Crisis, Credit Cards, Credit Crunch, Credit Card Companies, Economy, Barack Obama, Business News
Jim Randel

Whereas consumers are far from blameless, the card companies -- with a push from the government -- could have done a much better job educating people and treating them more fairly.

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Obama Credit-Card CEOs Meeting: President To Push New Rules

AP | BEN FELLER | Posted 05.24.2009 | Politics

Read More: Credit Card, Obama Wall Street, College Student Credit Cards, Federal Reserve, Obama, Credit Card Rates, Congress, Obama's First 100 Days, Obama Economy, Credit Cards, Barack Obama, Credit Card Bill of Rights, Politics News, Obama Credit Card Abuses, Credit Card Industry, Credit Card Companies, Credit Card Debt, Economy, Obama Credit Flow, Politics News

WASHINGTON — President Barack Obama said Thursday he is determined to get a credit-card law that eliminates the tricky fine print, sudden rate i...

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Obama's Credit Card Dog Day Afternoon

Stuart Whatley | Posted 05.22.2009 | Politics

Read More: Congress, Obama Wall Street, Credit Card Companies, Economy, Credit Card Bill of Rights, Federal Reserve, Credit Card Rates, Obama, Credit Card Debt, Credit Cards, Obama Economy, Barack Obama, Obama Credit Flow, College Student Credit Cards, Obama Credit Card Abuses, Credit Card, Credit Card Industry, Politics News
Stuart Whatley

In the current system, credit card companies do not provide an essential service anymore; it's more a societal stranglehold -- a gun to the head of the middle class.

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Obama To Meet With Credit-Card Executives

Wall Street Journal | DAMIAN PALETTA | Posted 05.21.2009 | Politics

Read More: Credit Card Reform, Credit Card Companies, Obama Meets Credit Card Execs, Obama Meeting on Credit Cards, Credit Card Executives, Politics News

WASHINGTON -- President Barack Obama will attend a meeting Thursday with executives from top credit card companies as his administration moves to crac...

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Credit Card Companies Gouge HuffPosters

Gabriel Beltrone & Matthew Palevsky | Posted 03.29.2009 | Politics

Read More: Credit Cards Raise Interest Rates, Consumer Debt, Financial Crisis, Credit Card Companies, Consumer Debt Crisis, Banks TARP, Economy, Credit Card, Credit Cards, Credit Card Rates, Credit Card Interest Rate Gouging, Why Are Credit Card Companies Increasing Interest After the Bailout, Politics News

Banks capitalizing on taxpayer bailout money from TARP have alarmed their customers by hiking - often doubling, and in some cases even tripling or qua...

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Cancel Amex, Get $300

CreditMattersBlog.com | Posted 03.26.2009 | Business

Read More: Credit Card Payments, American Express $300, Credit Cards, American Express, Credit Card Companies, Amex Cancel, Credit Card Debt, Credit Card Industry, Amex $300, Amex, Cancel Amex Get $300, Business News

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...

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Banks asking for credit card debt forgiveness

AP | BY MARCY GORDON | Posted 11.30.2008 | Business

Read More: Banks, Credit Cards, Credit Card Companies, Credit Card Default, Credit Card Relief, Business News

WASHINGTON — With defaults on credit card debt spiraling amid a global financial downturn, banks already reeling from the mortgage crisis are lo...

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What Does "Change" Really Mean?

Cenk Uygur | Posted 09.19.2008 | Politics

Read More: Republican Party, Credit Card Companies, Change, The Walton Family, Barack Obama, Halliburton, John McCain, Taxes, Free Markets, Capitalism, Politics News
Cenk Uygur

Barack Obama needs to stop talking about nebulous, floating on a cloud change. And start talking about how he is going to kick these people's asses. We need someone to take our government back.

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How The Press Failed Readers On The Changing Credit Card Industry

Columbia Journalism Review | Dean Starkman | Posted 03.28.2008 | Media

Read More: Credit Card, Credit Card War, Credit Card Companies, Chase, Dean Starkman, Dean Starkman Credit Cards, Changing Credit, CJR Credit Cards, Changing Credit Card Industry, Hsbc, The Wall Street Journal, Discover, The Financial Times, American Express, Visa, Press Ignores Changing Credit Card Industry, Dean Starkman CJR, Dean Starkman Credit, CJR Credit, Business Week, Credit Card Company, Deam Starkman Columbia Journalism Review, Bank of America, Credit Cards, Fortune, Columbia Journalism Review, Citi, Mastercard, Credit War, Press Ignores Economy, Wachovia, Forbes, Credit, Cjr, Media News

One of the paradoxes of the business press is that while everyone should read it, since we all live in the economy, not everyone does. In fact, most p...

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