Lastest News in Credit Card Debt – June 22, 2009
Please note it is your responsibility to evaluate the accuracy, completeness and usefulness of any information, opinion or advice contained in the content below.US credit card chargeoffs break new record – Moody’s – Reuters
24 Jun 2009 at 8:32am
NEW YORK, June 24 (Reuters) – The U.S. monthly credit card chargeoff rate surpassed 10 percent and hit a sixth straight record high in May, Moody’s Investors Services said on Wednesday, as unemployment grew to a 26-year high. The chargeoff rate index …
JPMorgan Charges 5% on Credit-Card Balance Transfers (Update1) – Bloomberg
24 Jun 2009 at 8:03am
June 24 (Bloomberg) — JPMorgan Chase & Co. is raising some balance-transfer fees on credit cards to 5 percent, the highest among the nation?s largest banks, citing increasing regulations and costs after the U.S. put new curbs on the industry …
CORRECT: Credit-Card Charge-Offs Surpass 10% In May -Moody’s – CNN Money
24 Jun 2009 at 8:25am
The annualized credit-card charge-off rate broke through 10% during May, according to Moody’s Investors Service, the first time in the more than two decades the credit ratings company has tracked the measure. Also, the measure of credit-card loans …
UPDATE: Credit-Card Charge-Offs Surpass 10% In May -Moody’s – CNN Money
24 Jun 2009 at 7:49am
The annualized credit-card charge-off rate broke through 10% during May, according to Moody’s Investors Service, the first time in the more than two decades the credit ratings company has tracked the measure. Also, the measure of credit-card loans …
Paying the ferry man: $237,000 spent on corporate credit card – The Australian
24 Jun 2009 at 8:03am
THE former head of Sydney Ferries, Geoffrey Smith, could face a substantial prison term after it was revealed he racked up $237,000 in personal expenses on his corporate Visa card, including overseas holidays, private school fees, furniture and even …
Credit card law – Manila Times
24 Jun 2009 at 8:25am
Recently, the United States passed a credit card law as part of its wide-ranging reforms in the finance industry. This law is to curb abuses by banks who are the major credit card issuers. Here in the Philippines, with our mass of consumers with …
Big debts capsized ferry boss Geoffrey Smith – News.com.au
24 Jun 2009 at 6:59am
A CRIPPLING mortgage and his wife’s medical bills prevented the former Sydney Ferries chief executive Geoffrey Smith from fully repaying a large personal debt he had accrued on his company credit card, he told a corruption inquiry yesterday. Despite …
SEPTA delays ’smart-card’ system again – Philiy.com
24 Jun 2009 at 3:31am
SEPTA has postponed for a third time its deadline for a “smart-card” fare system. The latest deadline is Aug. 18, five months later than the original March 17 requirement for manufacturers to submit proposals for an electronic system to replace …
Former Fruitlands CFO indicted for embezzling funds – MetroWest Daily News
24 Jun 2009 at 7:56am
A former chief financial officer at Fruitlands Museums surrendered Tuesday after a Worcester County grand jury indicted her June 19 in connection with the alleged embezzlement of more than $1.3 million from the museum, according to Attorney General …
Hit the Road with a Peace of Mind – Transworld News
24 Jun 2009 at 7:06am
High gas prices can put the brakes on your vacation before you even leave your house. At BnBFinder.com, you can find Gas Savings & One Tank Trips from many bed & breakfasts that gives you the freedom to enjoy your summer holiday without feeling like …
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June 22 2009 07:55 am | Credit Card Debt News
