Lastest News in Credit Card Debt – May 18, 2009

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Credit score killers – ABC Action News

18 May 2009 at 2:49am
TAMPA, FL — If you have had a credit card for several years, and you decide to close it, that could kill your credit score. The longer you have a credit card in good standing the better. That’s just one of things that AOL says can send a red flag to …

Obama Urges Credit Card Reform – Tothecenter.com

18 May 2009 at 2:42am
As Congress, continued working on legislation aimed at curbing rates and fees deemed as abusive by some, Obama strongly called for immediate reform to the credit card industry. The president has been pushing for increased credit-card industry …

How NO credit can be worse than BAD credit – ABC Action News

17 May 2009 at 8:30pm
DEAR BRUCE: My husband and I have been married for three years now. We’re both on our second marriage. We are both 34 years old and have four children combined. We always pay in cash for items that we need. We have no credit cards or bad credit …

Location Services: Cut Card Fraud With Country Data – 160 Characters

18 May 2009 at 3:11am
A new idea from Ericsson IPX could save travellers lots of hassle by linking which country your mobile phone is in with where your credit card is being used. When you go abroad alarm bells can ring at the credit card company and instead of being able …

This e-mail offers no answer to your prayers – Allentown Morning Call

18 May 2009 at 3:11am
The scam: One of the lessons to be learned from the Bernie Madoff Ponzi scheme is that thieves will use any means necessary to get their hands on your money. One of those ways is through affinities — associations you have with others through …

Obama Calls for an End to ‘Abusive’ Credit Card Lending – ABC News

17 May 2009 at 7:26pm
President Barack Obama speaks during a meeting with representatives of the credit card industry in… President Barack Obama speaks during a meeting with representatives of the credit card industry in the Roosevelt Room of the White House in …

U.S. Rep Charlie Wilson supports Credit Cardholders Bill of Rights – Review

17 May 2009 at 8:09pm
LISBON – U.S. Rep. Charlie Wilson supported recent legislation he believes will protect credit card consumers and homebuyers. Wilson, D-St. Clairsville, voted in favor of the Credit Cardholders Bill of Rights passed by the House on April 30, which …

City woman faces charges of prostitution, theft – Allentown Morning Call

18 May 2009 at 3:11am
An Allentown woman arrested for alleged prostitution at 10:17 p.m. Saturday also faces court on a separate case in which she allegedly used a church credit card to buy $1,385 worth of electronics equipment last year, court records show. Jessica Robin …

BillMyParents Launches Unique Online Payment System for Teens and … – TMCnet

17 May 2009 at 11:29pm
SAN DIEGO –(Business Wire)– Socialwise, Inc. (OTCBB:SCLW) today launched BillMyParents, an innovative online youth payment system that gives teens the freedom to shop online and parents the control over these purchases — all in a simple, automated …

Dave Ramsey: Step one: Stop digging deeper into credit card debt – Knoxville …

17 May 2009 at 7:18pm
Dear Dave, My wife and I had a bankruptcy discharged about 18 months ago. We’d gotten in over our heads with credit cards and couldn’t keep up the payments or take care of things around the house. Afterwards, a friend told us we needed to rebuild our …

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May 18 2009 02:55 am | Credit Card Debt News

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