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Credit card use plunges as hard times drag on, debit use rises
Americans have sharply reduced their use of credit cards, and some analysts believe the trend will continue even after the economy has fully recovered.
www.azcentral.com
This Week in Credit Card News
Credit Card Debt Falls for 23rd Straight Month The latest Federal Reserve Consumer Credit report showed that credit card debt dropped $4.39 billion in July after a $5.21 billion fall in June. This was the 23rd consecutive month credit card debt decreased. [Reuters] Chase Won’t Rule Out “Difficult” Discover Purchase JP Morgan Chase has considered the possibility of [...]
blogs.forbes.com
HSBC CREDIT CARD AND TROCADERO GROUP OFFER UPTO 21% CASH BACK TO HI-END CUSTOMERS HAVING A PENCHANT FOR LUXURY WATCHES
HSBC Credit Card partners with Trocadero Group to offer up to 21% cash back to its affluent cardholders who have a penchant for luxury watch brands. For sales slip purchases of 300,000 baht or more, m
www.thaipr.net
Credit card fraud nets 15 years
A Jacksonville man was sentenced to 15 years in a state prison Aug. 19 after pleading guilty to nearly $50,000 in fraudulent credit card transactions between March and May 2009 throughout Nassau County.
www.fbnewsleader.com
Credit Card Usage Plummets
The drop was driven by the economy and legislation. Credit card - Visa - Debit card - Payment - Javelin Strategy Research
www.pheedcontent.com
New Credit Card Restrictions Hurting Some Small Business Owners
Just as banks are beginning to loosen up the reins a bit, the credit-card companies have been ratcheting up their restrictions -- something that can have a major impact on small-business owners, many of whom use credit cards to finance short-term purchases.
www.huffingtonpost.com
Credit Card Reader For iPhone Shipping Now For Inner Fence Credit Card Terminal
Inner Fence, maker of Credit Card Terminal for iPhone, is now shipping Credit Card Reader for iPhone, an Apple-authorized hardware accessory that allows merchants to swipe credit cards. The swipe accessory will be offered free to new merchants.
www.datacollectiononline.com
Credit-card use drops for the 23rd straight month
Consumer borrowing fell again in July as households cut back on their credit-card use for a 23rd consecutive month, adding more drag on an economy struggling to mount a sustained rebound.
www.denverpost.com
National credit card rates for Sept. 9, 2010
Here's a look at the state of credit card rates from Bankrate.com's weekly national survey of large banks and thrifts conducted Sept. 8, 2010. After 11 weeks of stagnation, the average purchase APR on fixed-rate credit cards rose 5 basis points to 13.79 percent as one credit union changed six of its card offers from fixed to variable rate.
www.bankrate.com
Grandma opened a credit card in my name
Question 1. My grandmother opened a credit card account in my name without my knowledge, did not pay it and now they are coming after me. She is 71 years old. What shall I do? -- Jackson, Greensboro, N.C.
money.cnn.com
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