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Customers getting squeezed as credit card companies clamp down (Austin American-Statesman)
WASHINGTON — Cecil Bello has stumbled into a new corner of the credit squeeze. The 32-year-old management consultant has had the limits reduced on three of her credit cards.
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CreditCards.com: Weekly Credit Card Rate Report (Centre Daily Times)
Annual percentage rates for new credit card offers mostly increased this week, according to the CreditCards.com Weekly Credit Card Rate Report, due to a change in the composition of cards offered rather than any APR increases by banks.
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Fitch: Declining Economy Outweighs Rate Cuts On Korean Credit Card ABS Performance; Defaults To Rise (Thaipr.net)
Fitch Ratings has today said that the Korean central bank's recent interest rate cuts will help reduce the immediate pressure on credit card default rates. However, the agency cautions that in the med
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Peter Mandelson issues warning to credit card companies (Daily Telegraph)
Peter Mandelson has threatened credit card companies with tough action if they "step out of line" and fail to pass on interest rate cuts.
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Switzerland Feels Iceland’s Pain With Banks’ Vanishing Credit (Bloomberg)
Dec. 1 (Bloomberg) -- An isolated European country with an economy geared toward finance and winter sports is no longer a monetary bastion as credit evaporates around the globe.
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Credit Card Rip-Offs That Should Be Banned! (The Motley Fool)
We reveal five of the worst credit card rip-offs, ever! And their potential cures...
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Ambank's no-frills credit card timely: MD (Business Times (Malaysia))
AMBANK (M) Bhd ( 1015 ) expects to issue 50,000 of its latest "no frills" credit card within the next 12 months, the bank's retail banking managing director Datuk Mohamed Azmi Mahmood said yesterday.
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Double attack on credit card firms over high interest (The Herald)
GORDON Brown and Lord Mandelson delivered a two-pronged attack on credit card companies yesterday, warning that they could face an Office of Fair Trading investigation.
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Credit card firms to help borrowers (Channel 4)
Credit card companies have agreed to give more help to borrowers struggling with their debt. The industry will report back to the Government in two weeks with a set of "fair principles" to help credit card borrowers manage their debts.
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Rates cut to 4.25pc (Australian Broadcasting Corporation)
The Reserve Bank of Australia (RBA) has slashed the official interest rate by 100 basis points to 4.25 per cent.
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