Total Merchants – Merchant Account Info & Credit Card Processing Blog

Stolen credit card used in shopping spree (thewest.com.au)

November 30, 2009 by admin · Leave a Comment 

A man used a stolen credit card to go on a shopping spree of more than $3000 at the Carousel shopping centre.

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Stolen credit card used in shopping spree (thewest.com.au)

BofA Aims to Clearly Spell Out Credit Card Terms (The Memphis Daily News)

November 30, 2009 by admin · Leave a Comment 

NEW YORK (AP) – Bank of America is sending its credit card customers a one-page letter with a simple explanation of the interest rates and fees they’r….

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BofA Aims to Clearly Spell Out Credit Card Terms (The Memphis Daily News)

What if you can’t pay your credit card bills? (Erie Times-News)

November 30, 2009 by admin · Leave a Comment 

Credit card delinquencies have been running at all-time highs, tracking pretty close to the nation’s unemployment rate, at around 10 percent. Credit card companies are eager to cut some sort of deal, says Gail Cunningham of the National Foundation for Credit Counseling. “They want to get any money they can.”

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What if you can’t pay your credit card bills? (Erie Times-News)

Bank of America spells out credit-card terms (Richmond Times-Dispatch)

November 30, 2009 by admin · Leave a Comment 

Bank of America is sending its credit-card customers a one-page letter with a simple explanation of the interest rates and fees they’re being charged starting yesterday. While not mandated by the federal credit-card reforms to take effect in February, Bank of America’s letter reflects the new law’s aim at making policies easier for consumers to understand.

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Bank of America spells out credit-card terms (Richmond Times-Dispatch)

China’s overdue credit-card debt up sharply (Market Watch)

November 30, 2009 by admin · Leave a Comment 

While China has the reputation in the West as a nation of frugal savers, a state-media report cites another sharp rise in overdue credit-card accounts, highlighting a downside to the country’s rapidly expanding economy.

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China’s overdue credit-card debt up sharply (Market Watch)

Tips to avoid potential credit card fraud (NBC 2 Fort Myers)

November 30, 2009 by admin · Leave a Comment 

Savvy shoppers are not the only ones on the hunt this holiday season. The Lee County Sheriff’s Office says if you’re a credit card user, be diligent while hitting the stores.

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Tips to avoid potential credit card fraud (NBC 2 Fort Myers)

Top Credit Card Mistakes That Hurt Credit Scores (CBS4 Miami)

November 30, 2009 by admin · Leave a Comment 

It’s been a common news story over the past year: credit card companies aggressively raising interest rates and fees. If you make a mistake with your card, it will cost more dearly than ever.

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Top Credit Card Mistakes That Hurt Credit Scores (CBS4 Miami)

Fears of credit card crisis as bank write-offs double (Daily Telegraph)

November 30, 2009 by admin · Leave a Comment 

Fears that the banking system is facing a credit card timebomb were underlined as official figures showed a leap in the number of people having difficulty controlling their finances.

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Fears of credit card crisis as bank write-offs double (Daily Telegraph)

Credit Card Companies Hurry To Charge More Before Laws Change (KHBS – KHOG Fort Smith – Fayetteville)

November 30, 2009 by admin · Leave a Comment 

Credit card debt can be almost impossible to climb out of, and while a new law aims to help consumers who find themselves swamped, credit card companies are taking advantage of the old rules as long as they can.

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Credit Card Companies Hurry To Charge More Before Laws Change (KHBS – KHOG Fort Smith – Fayetteville)

Bank of America Credit-Card Chief Struthers Sees Losses Peaking (Bloomberg)

November 30, 2009 by admin · Leave a Comment 

Nov. 30 (Bloomberg) — Bank of America Corp.

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Bank of America Credit-Card Chief Struthers Sees Losses Peaking (Bloomberg)

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