Total Merchants

Write-offs are driving decline in credit-card debt (Market Watch)

admin — Wed, 10 Mar 2010 01:55:29 +0000

Credit-card debt has been falling for 16 straight months but consumers aren’t paying off their financial obligations as much you might think. Instead, they’re walking away from the debt, forcing credit-card issuers to write off as much as 90% of that reported drop, according to a new report by CardHub.com.

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Write-offs are driving decline in credit-card debt (Market Watch)

Credit card fraud losses drop 28% (Channel 4)

admin — Wed, 10 Mar 2010 00:29:14 +0000

Fraud losses on UK credit and debit cards fell by 28% during 2009 as a raft of industry initiatives paid off, figures show. Losses on all areas of card fraud dropped during the year to total £440.3 million, the first annual decline since 2006, according to the UK Cards Association.

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Credit card fraud losses drop 28% (Channel 4)

The New Credit CARD Act Is Here, and Debthelp-now.com Is Ready to Help Consumers Roll With the Changes (Marketwire)

admin — Tue, 09 Mar 2010 21:39:41 +0000

SACRAMENTO, CA–(Marketwire – March 9, 2010) – Debthelp-now.com has announced adjustments to its debt settlement program to better help Americans affected by the New Credit CARD Act of 2009.

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The New Credit CARD Act Is Here, and Debthelp-now.com Is Ready to Help Consumers Roll With the Changes (Marketwire)

When refinancing, closing credit card accounts can cost you (MalaysiaNews.net)

admin — Tue, 09 Mar 2010 21:14:48 +0000

Dear Credit Score Report, I just started paying attention to the new credit card laws. I will be paying off my credit card balance very soon with my income tax refund, but I am concerned now because…

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When refinancing, closing credit card accounts can cost you (MalaysiaNews.net)

Heidi Montag’s Breasts Advocate For Credit Card Reform (adrants)

admin — Tue, 09 Mar 2010 21:03:08 +0000

Somehow a reality TV star who recently had ten plastic surgeries in one day including the addition of ginormous breasts is qualified to appear in a Ron Howard-directed PSA for credit card reform.

Picking a credit card: Why knowing what APR means matters (The Whitworthian)

admin — Tue, 09 Mar 2010 20:04:03 +0000

By: Morgan Feddes, Editor-in-Chief You have decided you’re interested in applying for a credit card.

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Picking a credit card: Why knowing what APR means matters (The Whitworthian)

Argos credit card scandal worsens – community blog from Keith Appleyard (Finextra)

admin — Tue, 09 Mar 2010 19:49:53 +0000

Argos has been sending customers unencrypted credit card numbers and security codes within e-mails confirming orders, potentially exposing customers to online fraud.

VA officer charged with misusing government-issued credit card (The Palm Beach Post)

admin — Tue, 09 Mar 2010 19:39:02 +0000

VA officer charged with misusing government-issued credit card

Veterans Affairs officer charged with misusing government-issued credit card (The Palm Beach Post)

admin — Tue, 09 Mar 2010 19:39:02 +0000

Veterans Affairs officer charged with misusing government-issued credit card

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Veterans Affairs officer charged with misusing government-issued credit card (The Palm Beach Post)

US credit card reform: What you should know (rediff.com)

admin — Tue, 09 Mar 2010 15:28:37 +0000

One major piece of legislation US President Barack Obama signed last year was the Credit Card Accountability, Responsibility and Disclosure Act, which made fundamental changes to credit card agreements.

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US credit card reform: What you should know (rediff.com)