federal-reserve

Credit Card Debt Declines Again

The Federal Reserve released a monthly report this week that shows credit card debt continues to decrease at a significant rate. Revolving credit , which is primarily credit card usage, fell for the 17th consecutive month in February, declining at an annual rate of 13.1 percent.

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Credit Card Debt Declines Again

federal-reserve

Michelle Singletary | Proposed credit card rules worth a comment (Louisville Courier-Journal)

In what feels like never-ending regulatory fiddling with the Credit Card Accountability Responsibility and Disclosure Act of 2009, the Federal Reserve now wants to know what consumers think about certain fees lenders charge as penalties for late payments or other issues.

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Michelle Singletary | Proposed credit card rules worth a comment (Louisville Courier-Journal)

federal-reserve

Next Round of Credit Card Rules Curbs Fees (TheStreet.com)

The Federal Reserve proposes rules that aim to protect credit card users from unreasonable late fees and penalties.

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Next Round of Credit Card Rules Curbs Fees (TheStreet.com)

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Man Uses Stolen Credit Card, Caught On Camera (WIBW Topeka)

Topeka Police Department detectives are attempting to identify an unknown white male subject who was caught on video surveillance February 27, 2010 at two Topeka Wal-Marts using a stolen credit card.

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Man Uses Stolen Credit Card, Caught On Camera (WIBW Topeka)

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Credit card users: Not so responsible after all? (KATU Portland)

Federal Reserve data shows that the bulk of last year’s drop in credit card debt probably came because banks had to write off loans consumers failed to pay for more than 180 days.

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Credit card users: Not so responsible after all? (KATU Portland)

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Build Your Own Credit Card (ABC 2 Baltimore)

Credit card companies are giving consumers more control.

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Build Your Own Credit Card (ABC 2 Baltimore)

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Lower Credit Card Debt Traced Primarily to Charge-Offs (HispanicBusiness.com)

Americans cut more than $93 billion in credit card debt from 2008 to 2009. Good news, right?

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Lower Credit Card Debt Traced Primarily to Charge-Offs (HispanicBusiness.com)

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Palm Beach County school auditors find more improper spending, missing credit card records (Sun-Sentinel)

More red flags are hanging over Palm Beach County schools’ purchasing card program, with a special report detailing fraudulent purchases and voluminous missing credit card records from 2007 and 2008.

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Palm Beach County school auditors find more improper spending, missing credit card records (Sun-Sentinel)

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Credit card users: Not so responsible after all? (San Francisco Chronicle)

With unemployment high and personal wealth diminished, how was it that strapped consumers were paying down their credit card debt last year? It turns out they probably weren’t

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Credit card users: Not so responsible after all? (San Francisco Chronicle)

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College Pt. clan charged with credit card ruse (New York Post)

Five members of a College Point family, a Jamaica resident, a Laurelton resident, a Flushing resident and four other people have been indicted in connection with a fraudulent credit card scheme, Queens District Attorney Richard Brown’s office said last Thursday.The defendants, who include five P.C. Richard & Sons…

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College Pt. clan charged with credit card ruse (New York Post)

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