berkshire

Credit card rule changes might bring rate increases (Lansing State Journal)

Credit card issuers now have to play by a new set of rules, thanks to federal legislation that took effect Feb. 22.

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Credit card rule changes might bring rate increases (Lansing State Journal)

berkshire

Buffett Ends Credit-Card ‘Fiasco,’ Sells Receivables (Update1) (Bloomberg)

March 1 (Bloomberg) — Billionaire Warren Buffett shut a Berkshire Hathaway Inc. credit-card business and sold bad loans at 55 cents on the dollar in what he called a “very expensive business fiasco.”

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Buffett Ends Credit-Card ‘Fiasco,’ Sells Receivables (Update1) (Bloomberg)

berkshire

Buffett Ends Credit-Card ‘Fiasco,’ Sells Receivables (Correct) (Bloomberg)

(Corrects rate at which loans were sold in first paragraph.) March 1 (Bloomberg) — Billionaire Warren Buffett shut a Berkshire Hathaway Inc. credit-card business and sold bad loans at 55 cents on the dollar in what he called a “very expensive business fiasco.”

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Buffett Ends Credit-Card ‘Fiasco,’ Sells Receivables (Correct) (Bloomberg)

berkshire

Credit unions may offer best charge card rates (Detroit News)

You’re fed up with your bank’s credit card fees and terms. Would switching to a credit union bring any relief?

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Credit unions may offer best charge card rates (Detroit News)

berkshire

Buffett Ends Credit-Card ‘Fiasco,’ Losing 45 Cents on Dollar (BusinessWeek)

Billionaire Warren Buffett shut a Berkshire Hathaway Inc.

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Buffett Ends Credit-Card ‘Fiasco,’ Losing 45 Cents on Dollar (BusinessWeek)