Credit Card Industry

The Next Bubble Is on The Way: Credit Card Debt

Danny Schechter | Posted 08.14.2008 | Business

Read More: Debt, Congress, Bubble, Credit Cards, Economics, Globalization, Economy, Credit Card Debt, Credit Card Industry, Business News
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.

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Fed To Pursue Aggressive Crack Down On Credit Card Industry

AP | MARTIN CRUTSINGER | Posted 05.02.2008 | Business

Read More: Federal Reserve, Credit Card Crack Down, Credit Card Industry, Business News

WASHINGTON — The Federal Reserve announced Friday that it will expand a series of efforts to deal with the global credit crisis, in coordination...

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Dems Push Consumer-Friendly Credit Card Bill

Washington Independent | Mike Lillis | Posted 04.21.2008 | Business

Read More: Credit Cardholders' Bill of Rights, Credit Cards, Credit Card Industry, Carolyn Maloney, Business News

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

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Congress, Critics Denounce "Abusive" Credit Card Practices

AP | Marcy Gordon | Posted 12.04.2007 | Business

Read More: Credit Scores, Credit Card Payments, Sen. Carl Levin, Credit Cards, Credit Card Industry, Business News

Congress is renewing its scrutiny of the credit card industry, as some lawmakers denounce the practice of raising customers' interest rates when their...

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